1. From the EDC

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    1. European Business Prospects

      Explore From the EDC (Jan 8 2012)

        For the last few years, I have represented the EDC and the region on business development trips to Europe, typically with the support and participation of Northeast Utilities/Western Mass Electric Co and as part of delegations representing the Commonwealth and New England’s Knowledge Corridor©. My most recent visit was during November 2011. The headlines about the sovereign debt crisis and related banking sector issues gave me pause that this visit might not be productive. But the reality was exactly the opposite, as I met with more total, as well as higher quality, prospects than any other year.   Part ... (Read Full Article)

      Mentions:   Northeast Utilities   Knowledge Corridor   Allan W. Blair

    2. Municipal Economic Development Announcements

      Explore From the EDC (Dec 20 2011)

        There have been two significant announcements about municipal economic development positions in western Mass within the last week. First, Teri Anderson, Community and Economic Development Director for the City of Northampton, announced that she is leaving to accept a position with Common Capital, formerly Western Mass Enterprise Fund. Teri had an outstanding career in Northampton. She worked with the EDC on a number of projects including Village Hill, the Three County Fairgrounds and the formation of the Northampton Business Improvement District. In addition, she played an important role on the Economic Development Partners, providing cogent advice for the region while ... (Read Full Article)

      Mentions:   Common Capital   Springfield   Northampton

    3. Holyoke clean energy innovation workshop

      Explore From the EDC (Nov 10 2011)

      Holyoke clean energy workshop,held on Nov 9/10, gathered engineers,entrepreneurs,policy makers,researchers,and educators to discuss  and identify test bed opportunities in Holyoke, and look for collaborations and connections for federal funding partnerships, investment,entrepreneurial activity and research in clean energy. (Read Full Article)

      Mentions:   Holyoke

    4. “Partnering and R&D with Department of Defense Laboratories”

      Explore From the EDC (Oct 19 2011)

      On  October 28th, the Economic Development Council of Western Mass. will host Captain Paul Stewart, Commanding Officer of the Naval Research Laboratory, head quartered in Washington, DC.  Capt Stewart will provide small businesses, academics and industry the opportunity to connect and collaborate into the Department of Defense Laboratory system.    (Read Full Article)

      Mentions:   Holyoke Community College   Holyoke   Economic Development Council of Western Massachusetts

    5. Investment News

      Explore From the EDC (Oct 14 2011)

      Investment News  On Friday, October 7, 2011, officials from Gulfstream Aerospace, a division of General Dynamics, announced that they have chosen Barnes Municipal Airport in Westfield as the new site for a $23 million maintenance facility for their new ultra long-range G650 corporate jet. The new facility will employ 100 people, in addition to the 130 people already employed by Gulfstream in Westfield. Massachusetts Governor Deval Patrick and Westfield Mayor Daniel Knapik hailed the announcement. Knapik added that “this is just the beginning” as the City plans to develop an aviation business park adjacent to the airport. Gulfstream President for Product Support ... (Read Full Article)

      Mentions:   Governor Deval L. Patrick   General Dynamics   Westfield

    6. EDC Assesses Regional Competitiveness

      Explore From the EDC (Oct 14 2011)

        The EDC commissioned CWS Consulting Group to assess ten regional industry sectors for growth and investment potential. CWS used the western Mass section of a 2008 statewide study by Moran Stahl & Boyer commissioned by the Massachusetts Alliance for Economic Development (“MassEcon”) as its starting point and assessed changes and opportunities that have arisen since then. This study achieved two objectives for us. It addressed our competitiveness against a regional peer group and it helped us improve our understanding of the internal workings of the sectors as part of our Homefield Advantage program. The study identified regional competitive advantages in the ... (Read Full Article)

      Mentions:   Massachusetts Office of Business Development   Economic Development Council of Western Massachusetts   Homefield Advantage

    7. Do You Have What Mestek Wants?

      Explore From the EDC (Oct 14 2011)

      Do You Have What Mestek Wants? The EDC is pleased to join with Associated Industries of Massachusetts (“AIM”) and the Massachusetts Office of Business Development to promote our second Buy Mass Day in western Mass. (Read Full Article)

      Mentions:   Massachusetts Office of Business Development   Associated Industries of Massachusetts   Westfield

    8. 2012 European Business Development Mission

      Explore From the EDC (Oct 10 2011)

      2012 European Business Development Mission   EDC Senior VP of Business Development Mike Graney will return to Europe in November to continue our international business development initiative. Mike annually attends Medica, the world’s premier medical device trade show in Düsseldorf. He will also represent the EDC as part of a New England’s Knowledge Corridor® (Hartford CT – Springfield MA region) sponsorship of a Dutch medical device regulatory affairs conference two days before Medica. The EDC’s goal is to identify and talk to corporate executives from firms that are interested in U.S. investment, partnerships and/or supply chain, especially in the northeast. Mike will ... (Read Full Article)

      Mentions:   Springfield   Knowledge Corridor   Michael Graney

    9. EDC Hosts French Delegation

      Explore From the EDC (Oct 5 2011)

      EDC Hosts French Delegation   Yesterday, the EDC hosted a delegation from the Seine et Marne region of France, east of Paris. Most of our guests were economic developers, but one company representative came, too. The delegation is spending this week in North America and included a day in western Mass, in addition to stops in Boston/Cambridge and Montreal. The mission was organized by Hubtech 21, a company based in Paris with a U.S. office in Cambridge that assists European companies that want to enter the U.S. market. The EDC works with Hubtech 21 and similar organizations to identify international regions and ... (Read Full Article)

      Mentions:   Smith College   Associated Industries of Massachusetts   Springfield

    10. Springfield Downtown invites you to the March 1st Arts and Soles Auction

      Explore From the EDC (Sep 12 2011)

      The Springfield Business Improvement District - Springfield Downtown invites you to the March 1st Arts and Soles Auction. (Read Full Article)

      Mentions:   Springfield   Springfield Business Improvement District   Don Courtemanche


      Explore From the EDC (Sep 12 2011)

      The EDC hosted a Logistics Conference at the Sheraton Springfield on March 29.  We wish to thank our co-host Associated Industries of Massachusetts and event sponsors U.S. Trust, GZA and the Hartford-Springfield Economic Partnership.

      (Read Full Article)

      Mentions:   Associated Industries of Massachusetts   Michael Graney   Economic Development Council of Western Massachusetts

    12. 2011 - 2012 Massachusetts' Pioneer Valley Visitors Guide

      Explore From the EDC (Sep 12 2011)

      The Greater Springfield Convention & Visitors Bureau  has just published its 2011 2012 Massachusetts’ Pioneer Valley Visitor Guide.  This comprehensive look at tourism attractions, accommodations, dining and more in the Pioneer Valley is free of charge and can be yours by visiting www.valleyvisitor.com and clicking on the link for the Guide or phoning 413-787-1548. (Read Full Article)

      Mentions:   Springfield   Holyoke   Mary Kay Wydra


      Explore From the EDC (Sep 8 2011)

      The Affiliated Chambers of Commerce of Greater Springfield has announced that their annual OUTLOOK 2011 program will take place at Chez Josef inAgawam on Friday, February 11, 2011.  (Read Full Article)

      Mentions:   Governor Deval L. Patrick   Springfield   Congressman Richard E. Neal


      Explore From the EDC (Sep 8 2011)

      Kenn W. Delude, president of Westmass Area Development Corporation presented a detailed review of the project.  As Kenn explained, this is the first step in the permit process, which should take approximately twelve to eighteen months to complete.  After the meeting, Westmass conducted a tour of the Mills for those interested in seeing first hand the size, scale and the resources available on the site.  (Read Full Article)

      Mentions:   Kenn Delude   Westmass Area Development Corp.


      Explore From the EDC (Aug 17 2011)

        The EDC has pursued an international business development strategy for the past few years. We recognized that as business was becoming increasingly global, we needed to position the region to take advantage of opportunities. Our initial goal was to increase the flow of Foreign Direct Investment (“FDI”) into the region. This remains a goal, but it has been joined by finding opportunities for companies from our region in the global marketplace.   One of our tactics has been to work with economic development and trade and investment agencies from different countries around the (primarily developed) world to assess opportunities for trade ... (Read Full Article)

      Mentions:   Michael Graney   Economic Development Council of Western Massachusetts

    16. U.S. Trust's Take on Recent Market Conditions

      Explore From the EDC (Aug 10 2011)

      EDC Director Chris Borowiec offered this short analysis of the recent twists and turns in the equity markets to the EDC to share with our readers: From U.S. Trust: We remain bullish on equities despite the significant pullback over the past few weeks.  While the risk of another recession can’t be ignored, we still believe that the more likely scenario is that the U.S. economy continues to grow at a subdued pace.  Corporate profits have been very strong in the second quarter, with over 70% of the companies exceeding our expectations.  Our year end price target for ... (Read Full Article)

      Mentions:   Economic Development Council of Western Massachusetts


      Explore From the EDC (Aug 4 2011)

      William S. Hogan, Jr., President and CEO of Easthampton Savings Bank, reported to the Directors at the bank’s quarterly meeting, held Wednesday July 20th, that the bank continued to experience outstanding growth this past quarter. (Read Full Article)

      Mentions:   Easthampton Savings Bank   Easthampton

    18. EDC Supports Massachusetts Activities at BIO Convention

      Explore From the EDC (Jul 1 2011)

      I attended the Biotechnology International Organization (“BIO”) Convention in Washington DC last week. The EDC has been part of the Massachusetts delegation at this convention for a decade.  While there is always some advantage to us to be part of the Massachusetts team, we have cut back on other trade shows where western Mass does not have a significant industry presence. But we retain our participation at BIO for several reasons. First, we still believe in the promise of the Massachusetts Life Science Center (“LSC”). The LSC was created to manage the $1 billion Mass Life Science Initiative, announced by ... (Read Full Article)

      Mentions:   Governor Deval L. Patrick   Massachusetts Life Sciences Center   Allan W. Blair

    19. The Hartford-Springfield Economic Partnership's 2011 State of the Region Conference

      Explore From the EDC (Jun 15 2011)

      Friday, June 24, 20018:00 - 10:00am Registration 8:00am Program 8:20 - 10:00am The Sheraton Bradley, at Bradley International Airport 1 Bradley International AirportWindsor Locks, Ct 06096   (Read Full Article)

      Mentions:   Bradley International Airport   Springfield

    20. SBIR: How to Win

      Explore From the EDC (Jun 14 2011)

      When: Thursday, June 23, 2011, 9 - 11 a.m. Where:  3rd Floor Teleclassroom, Scibelli Enterprise Center, Springfield MA Registration Fee:  $50    You may register online at www.msbdc.org/wmass/training.html or call 413.737.6712. (Read Full Article)

      Mentions:   University of Massachusetts   Springfield   Amherst

    21. Western Mass Companies Exhibit at Medical Device Conference

      Explore From the EDC (Jun 13 2011)

      Western Mass Companies Exhibit at Medical Device Conference  Last week, the EDC coordinated a pavilion for ten companies from the four western counties at the Medical Design and Manufacturing (“MD&M”) conference in New York, the largest medical device trade show on the east coast. This is the second year that we have worked with our colleagues at Western Mass Electric Company/Northeast Utilities and the Precision Manufacturing Regional Alliance Project (“PMRAP”) to host companies at this show. (Read Full Article)

      Mentions:   Northeast Utilities   Western Massachusetts Electric Company   Michael Graney


      Explore From the EDC (Jun 7 2011)

      BUSINESS IMPROVEMENT DISTRICTS (BIDS) WORK TOGETHER TO CLEAN UP DOWNTOWN SPRINGFIELD, MA HARTFORD, CONN., June 3, 2011 – The Hartford Business Improvement District (BID) Cleaning Ambassadors are in Springfield, MA today to assist the Downtown Springfield BID and the city of Springfield, MA with their clean-up efforts following Wednesday’s tornado. Five full time Cleaning Ambassadors, including the Operations Manager arrived this morning with brooms, barrels, loppers and a pick-up truck ready to help in any way they can. They are joined by Boston’s Downtown Crossing BID. (Read Full Article)

      Mentions:   Springfield

    23. Governor Patrick Recommending Western Massachusetts

      Explore From the EDC (May 17 2011)

      I have heard Governor Deval Patrick present two keynote addresses in the last month. The first was at an international business conference at Brandeis University and the second was at the Associated Industries of Massachusetts (“AIM”) Annual Meeting, both coincidentally in Waltham. On each occasion, the Governor wove in advice to the primarily Boston-area firms in the audience to look at western Massachusetts in lieu of North Carolina or Texas when seeking a lower cost alternative to the Boston market.

      (Read Full Article)

      Mentions:   Governor Deval L. Patrick   Raytheon   Liberty Mutual

    24. EDC Legislative Update

      Explore From the EDC (May 12 2011)

      The Massachusetts House of Representatives wrapped up its work on the State budget last week, after four intense days of debate. During that debate, the EDC weighed in on three specific issues that were voted on by our Board of Directors. We were successful with two of them. (Read Full Article)

      Mentions:   Springfield   Economic Development Council of Western Massachusetts   Greater Springfield Convention and Visitors Bureau

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