Team Massachusetts Economic Impact Awards Honorees added more than 1,900 jobs, invested over $354 million, and expanded their facilities by more than 1 million square feet
Massachusetts – Nov. 22, 2015 — MassEcon held its 13th Annual Team Massachusetts Economic Impact Awards luncheon today at the Renaissance Boston Waterfront Hotel with Citizens Bank as the presenting sponsor. Companies from across the Commonwealth were recognized for their outstanding contributions to the Massachusetts economy. Nearly 400 people attended the event from all regions of the state.
One of the Gold Award winners, Shire, a leading global biotechnology company based in Lexington, announced in accepting the MassEcon award that it will occupy 343,000 additional square feet in Cambridge starting in 2019.
“Our CEO truly believes to be a global leader in rare diseases, it starts in Massachusetts,” said Perry Sternberg, head of Shire’s US Commercial operations.
The 14 winning companies (listed below) were selected after site visits and a reception with their competitors and judges in September. The reception enabled senior executives from the companies to present their attributes in the categories of job growth, facility expansion, investment, and community impact. Since January 2015, the winning companies from across the state, ranging in size and industry, including manufacturing, biotechnology, medical devices, food, and technology, have added more than 1,900 jobs to the Commonwealth, invested over $354 million, and expanded their facilities by more than 1 million square feet.
“This year’s winning companies have demonstrated a commitment to growing the Massachusetts economy and an ability to deliver on their investments,” Governor Charlie Baker told the luncheon crowd. “Thank you for choosing to grow your business in Massachusetts, the state looks forward to your continued success.”
Chris Doughty, General Manager at Capstan Atlantic of Wrentham, which also won a Gold award, said his company is adding jobs in Massachusetts because of “the skilled and trained workforce. The state over time has become more and more business friendly.”
Jeff Burbank, founder and CEO of NXStage of Lawrence, another Gold award winner, said the Team Economic Impact Awards evaluation process gave him a welcome new perspective on business. “This has given us a chance to meet other businesses and entrepreneurs from the Commonwealth,” he said.
“Our event today celebrates expanding companies from throughout Massachusetts and we thank them for staying and growing here, and for their confidence in the future of the Commonwealth,” said Susan Houston, Executive Director of MassEcon.
“Supporting the Massachusetts Economic Impact Awards is part of Citizens Bank’s commitment to strengthening communities where we live and work,” said Jerry Sargent, President, Citizens Bank, Massachusetts. “These awards recognize businesses across Massachusetts that are investing in their communities and creating jobs. We join MassEcon in applauding their outstanding contributions to the Commonwealth’s economy.”
| THIRTEENTH ANNUAL TEAM MASSACHUSETTS ECONOMIC IMPACT AWARD WINNERS Region | Gold | Silver | Bronze | ||
| Central | Bristol-Myers Squibb
Devens |
Acacia Communications
Maynard |
Woonsocket Glass Fabricators
Whitinsville |
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| Greater Boston | Shire
Lexington |
Autodesk
Boston |
IBM Watson Health
Cambridge |
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| Northeast | NxStage Medical
Lawrence |
TraceLink
North Reading |
Hoff’s Bakery
Malden |
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| West | Prolamina
Westfield |
Jarvis Surgical
Westfield |
PV Sullivan Supply Chicopee | ||
| Southeast | Capstan Atlantic
Wrentham |
HTP
New Bedford |
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About MassEcon
MassEcon, founded in 1993, is a non-profit, non-partisan entity that serves as the state’s private sector partner in promoting Massachusetts as the premier choice for business growth. Its services include the state’s only Site Selection Service, which helps expanding and relocating companies find a home in the Commonwealth; the Research & Information Service, which provides companies with the information they need to evaluate the Commonwealth as a location to grow; and the Massachusetts Ambassadors, a network of civic and corporate leaders who help market Massachusetts as a place to do business.
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