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 Financial 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
Titeflex Corporation- A plastics and rubber manufacturing company

Industrial Parks

  • Memorial Industrial Park
  • Memorial Industrial Park II
  • Wason North Industrial Park
  • North Center Industrial Park