We Lead our Region's Economic Development. We Lead our Region's Economic Development.

Approximately 4,700 businesses are based within the city, employing more than 73,000 workers, making Springfield the economic hub of the region.


Major Companies Include:

  • Big Y Foods, Inc.-  A regional grocery retail chain
  • Bank of America- Regional headquarters of this major, multi-national financial services company 
  • Baystate Health-  The second largest hospital system in the Commonwealth and the western campus of the Tufts University School of Medicine 
  • Friendly Ice Cream Corporation- Restaurant chain and dessert manufacturer, originally founded in Springfield, now headquartered in the neighboring town of Wilbraham
  • MassMutual Financal Group- The largest Fortune 500 company based in Massachusetts has been headquartered in Springfield since 1851 
  • Mercy Hospital- A hospital and health care network operated by the faith-based, non-profit Sisters of Providence Health System
  • Milton Bradley (Hasbro, Inc.)-  A game and toy development and manufacturing company founded in Springfield, later purchased by Hasbro, Inc. and located in East Longmeadow, a Springfield suburb
  • Merriam-Webster- Internationally-known manufacturer of dictionaries and thesauruses
  • Peter Pan Bus Lines- The corporate headquarters of this transportation company was founded and is based in downtown Springfield
  • TD Bank - This financial institution's Massachusetts branch is headquartered in downtown Springfield
  • Smith & Wesson- America's largest producer of handguns  
  • Solutia Incorporated- A chemical manufacturing plant
  • Titeflex Corporation- A plastics and rubber manufacturing company

Visit our Industry Clusters section  for more info