Archive for June 2018
Information Technology
Affordable access to reliable bandwidth, low overhead and an educated workforce all aid the region’s more than 125 established software companies to offer their full range of information systems products and services to businesses and consumers worldwide.
Read MoreHidden Tech
Within Western Massachusetts, particularly Hampshire County, more than 1900 virtual companies reside in homes and small offices where this cutting-edge industry provides high-technology services to the global economy via the internet. Collectively, our Hidden Tech sector provides the economic impact of a large IT and creative economy company.
Read MoreHealth Care
Many of the region’s major employers are hospitals and health care systems. Baystate Health, with more than 10,000 employees, is the state’s second largest hospital system and the western campus of the Tufts University School of Medicine. Cutting-edge research laboratories, an array of specialty treatment centers and the Shriner’s Children’s Hospital make this one of…
Read MoreFinancial Services
The Hartford-Springfield region hosts a high concentration of insurance and financial companies. MassMutual Financial Group is headquartered in Springfield while numerous other insurers and financial service companies are located in Greater Hartford and throughout the Knowledge Corridor.
Read MoreEntrepreneur Resources
Small, growing and start-up companies leverage the benefits of the Western Massachusetts region to expand, grow and thrive. Low real estate costs, business incubators and an abundance of small business resources make the region an attractive place to begin a business.
Read MoreCreative Economy
In Massachusetts, the creative industries include the many interlocking industry sectors that provide creative services or create and promote intellectual property products. The businesses (for-profit), organizations (not-for-profit) and individuals (sole proprietors) can be divided into the many categories that make up the Creative Economy Network.
Read MoreAerospace
Many of Western Massachusetts’s precision manufacturing companies are contracted suppliers of precision mechanical components and sub-assemblies to major commercial manufacturers, aircraft engine builders, and military equipment contractors across the United States and internationally.
Read MoreFirst CTrail commuter train leaves Springfield for Hartford
U.S. Rep. Richard E. Neal and other local dignitaries made the ceremonial first trip south Friday on CTrail from the renovated Union Station to Hartford. “This was a wise expenditure of the public purse and those of us who voted for it had ought to defend it,” Neal said upon reaching Hartford. Reminiscent of driving the…
Read MoreUMass Amherst Lauds $47 Million in Capital Authorization For New Biotechnology and Precision Manufacturing Initiative
Legislation signed today by Governor Charlie Baker will provide nearly $463 million in capital and reauthorize a tax incentive program to continue to grow Massachusetts’ life sciences industry. Included in the capital authorizations is $47 million for UMass Amherst to build and equip a Biotechnology and Precision Manufacturing (BPM) research and training facility. “This legislation…
Read MoreGov. Charlie Baker praises 130-unit North Amherst housing project at groundbreaking
Gov. Charlie Baker and other officials were among nearly 100 people who filled a tent and spilled out onto the lawn Thursday afternoon to celebrate the groundbreaking for North Square at the Mill District, a 130-unit housing project that includes 26 affordable homes. Beacon Communities, the project developer, secured state low-income tax credits in December,…
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