Lieutenant Governor Tim Murray travels across the Commonwealth to visit business leaders and highlight the success of strategic investments in innovation, including life sciences, high-tech and advanced manufacturing. These investments have leveraged private investment and job creation to support economic development in all regions in Massachusetts.
Visit to Lonza in Hopkinton
On Wednesday, March 16, 2011, Lieutenant Governor Timothy P. Murray joined state and local officials to celebrate the completion of leading life sciences company Lonza Biologics' custom manufacturing expansion in Hopkinton . Lonza is one of the world's leading suppliers to the pharmaceutical, healthcare and life science industries. The project, which has already created 128 jobs in the region, was jumpstarted by over $2.7 million in MassWorks Infrastructure Program grants from the Administration.
Two grants were awarded for this project - $128,784 to Milford and $2.6M to Hopkinton. Coupled together, these funds have been used to execute a wastewater agreement between the neighboring towns, allowing Lonza Biologics to complete its recent expansion. The total infrastructure upgrades necessary for Lonza to construct its new facility cost an estimated $3.98 million. The grants were anticipated to leverage 102 new jobs for the region, but Lonza has exceeded expectations and added 128 new jobs to date.
Visit to AccuRounds in Avon
Continuing his focus on promoting job growth and long-term economic recovery, on Tuesday, March 15, 2011, Lieutenant Governor Murray visited AccuRounds , one of the state's growing precision manufacturing firms, to highlight its year of record growth and to tour the company's headquarters in Avon.
AccuRounds, a leading manufacturer of precision custom cylindrical components on a made-to-order basis, saw over $10.8 million in sales this past year - a 50 percent increase over 2009. As a result of this record growth, the company was able to hire three new employees this month and award each of its 65 employees with six percent of their 2010 gross wage as a bonus.
The Commonwealth has also provided AccuRounds and its sister-company Boston Centerless, Inc. in Woburn with funding support and assistance in lean manufacturing, supervisor development and other services. Through $169,358 in Workforce Training Grants, including most recently in 2007, with an investment of $37,358 by the Patrick-Murray Administration's Executive Office of Labor and Workforce Development, approximately twenty AccuRound employees continue to receive benefits from these grants today. These grants have not only helped AccuRounds and Boston Centerless receive the proper resources and training, but both companies have managed to grow and retain their staff as they remain productive and competitive within the advanced manufacturing industry.
AccuRounds' success demonstrates the potential advanced manufacturing has to be a leading sector in the Commonwealth's increasingly robust economic recovery. Currently, the manufacturing sector is the sixth largest employer in Massachusetts. Support for advanced manufacturing - which includes the Governor's creation of the Advanced Manufacturing Initiative (AMI), a public-private collaboration aimed at promoting competitiveness within the sector, and new state-funded loan options for manufacturers - will promote job creation, export growth and economic development throughout Massachusetts. The work of the AMI has supported the development of a new supply-chain outreach program with the Associated Industries of Massachusetts and focused attention on the capital and technical assistance needs of manufacturers through the Massachusetts Growth Capital Corporation
Mylec Groundbreaking in Winchendon
On Friday, March 11, 2011, Lieutenant Governor Murray joined officials from the Town of Winchendon to celebrate the groundbreaking of Mylec's new manufacturing facility. Mylec, a street hockey equipment manufacturer, owned and operated out of Winchendon for the past 40 years, plans to create 15 permanent full-time jobs. The expansion was facilitated by a $300,000 MassWorks Infrastructure Program grant to the Town of Winchendon for local infrastructure upgrades. The program is part of the Patrick-Murray Administration's plan to advance long-term economic recovery and job growth throughout the Commonwealth.
Through the $300,000 MassWorks Infrastructure Program grant, the town has invested in public infrastructure improvements including the construction of a new road and a water expansion project into the Hillview Industrial Park. The project, which has advanced both on time and on budget, with only paving remaining to be completed this spring, now allows Mylec to begin the process of constructing its new 40,000 square foot manufacturing facility and creating jobs in Winchendon.
The Patrick-Murray Administration last year launched the MassWorks Infrastructure Program as a one-stop shop for municipalities seeking public infrastructure funding. The program consolidated six existing infrastructure programs, each aimed at supporting job creation and economic development, to provide increased efficiency, service, and communication when cities and towns apply for infrastructure grants and resources. This approach has reduced duplication, improved accountability, and provided for the most effective management of state resources.
Visit to Smith and Wesson in Springfield
On Thursday, February 10, 2011 Lieutenant Governor Murray joined Mayor Domenic Sarno to highlight Smith & Wesson's expansion in Springfield. This project, supported by a $6 million investment through the state's reformed Economic Development Incentive Program (EDIP), will create 225 new jobs in Springfield, retain 882 existing jobs and leverage more than $62.9 million in private investment from the company, unlocking future economic development opportunities for the region. The Lieutenant Governor toured the company's headquarters in Springfield and received a briefing on plans for expanded growth at the plant.
In December 2010, the Economic Assistance Coordinating Council (EACC) certified Smith & Wesson, a global manufacturer of products for the security, safety, protection, and sporting industries, as a Manufacturing Retention Project (a designation available only to manufacturers in Gateway Communities) and awarded $6 million in EDIP Investment Tax Credits to support the expansion of its manufacturing operations in Springfield by consolidating a 40,000 square foot production line currently located in New Hampshire. The relocation project will result in a direct investment of over $62.9 million in the Springfield facility that will centralize the majority of Smith & Wesson's manufacturing facilities and position the plant for future growth. Prior to its application with the EACC, Smith and Wesson had contemplated moving the production facility out of state.