1. From the EDC

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    1. FORGING CONNECTIONS WITH GLOBAL REGIONAL ECONOMIC DEVELOPMENT ORGANIZATIONS

      Explore From the EDC (Apr 19 2012)

      FORGING CONNECTIONS WITH GLOBAL REGIONAL ECONOMIC DEVELOPMENT ORGANIZATIONS

      Strong headwinds remain in place to inhibit Foreign DirectInvestment, but these strategies open our region to new opportunities for limited inward investment, as well as to create new market opportunities for our companies.

      (Read Full Article)

      Mentions:   Westfield   Michael Graney   Economic Development Council of Western Massachusetts

    2. From a rented basement office, to a leading financial institution, Hampden Bank celebrates its 160th anniversary.

      Explore From the EDC (Mar 30 2012)

      From a rented basement office, to a leading financial institution, Hampden Bank celebrates its 160th anniversary.

      On April 13, 1852 Hampden Savings Bank was officially chartered by the Commonwealth of Massachusetts to serve the workers of the Western Railroad. From a rented office space in the basement of the then Agawam National Bank on the corner of Lyman and Main Street, and in accordance with a decree from the Massachusetts Great and General Court to locate “within twenty-five rods of the Western Railroad passenger depot, Hampden Savings Bank began operations .

      (Read Full Article)

      Mentions:   West Springfield   Springfield   Hampden Bank

    3. EDC to Present Specialized Manufacturing Event

      Explore From the EDC (Mar 23 2012)

      The EDC is pleased to announcethat we will host the second event in our Growth Sector series, “Understandingthe Supply Chain in Specialty Manufacturing”. The series is presented by FirstNiagara Bank. We appreciate the collaboration of the Connecticut and WesternMass chapters of the National Tooling and Machining Association. Here is a linkto the invitation -- http://www.westernmassedc.com/manufacturing2012/   This event will be heldat the Robert E. Morris Company of Windsor CT, which is presenting our keynotespeaker, Kym Nelson, Principal of KLEW Company. Kym is a nationally recognized supplychain consultant and previously managed the global supply chain for Proctor& Gamble. She ...

      (Read Full Article)

      Mentions:   Northeast Utilities   Springfield   Knowledge Corridor

    4. Springfield School Superintendent Search Committee

      Explore From the EDC (Mar 22 2012)

      I submitted an application to serve on the Search Committee toadvise the Springfield School Committee on its choice of a new Superintendentof Schools. I attended a meeting of all applicants last night at Central HighSchool. Following a presentation by a representative of the MassachusettsAssociation of School Committees (which has been retained by the School Committeefor advice on the process), each applicant was allowed one minute to introducehim- or herself to the School Committee. The applicants represented business,civic, educational and cultural leaders in our City. In a word, I was “impressed”.As person after person stood up to introduce themselves ...

      (Read Full Article)

      Mentions:   Springfield   Michael Graney

    5. EDC position on Community College Legislation

      Explore From the EDC (Mar 20 2012)

      The Western Massachusetts Economic Development Council (EDC) firmly believes that the extensive changes to our community college system proposed in “outside section #30” of the Governor’s budget (House Bill #2) are inappropriate and unnecessary. We are concerned that this is another example of the “what’s good for Boston is good for the state” mentality that consistently results in uneven economic growth around the Commonwealth. To the extent that the issue needs to be debated at all, we believe that it demands a more thorough debate than can be accomplished during consideration of the budget. We therefore urge that ...

      (Read Full Article)

      Mentions:   Economic Development Council of Western Massachusetts

    6. International Trade Grants Available for Small Businesses

      Explore From the EDC (Mar 20 2012)

      The Massachusetts Office of International Trade and Investment (“MOITI”) recentlyannounced the details of the State Trade and Export Promotion (“STEP”) grant programfor the Commonwealth. The program is wide ranging – subsidies up to $10,000 percompany (must be a “small business” as defined by the SBA) are available forattending international trade shows, participating in trade missions, a varietyof B2B opportunities, regulatory approvals from international jurisdictions andadvertising in international publications, among other possibilities. There aretwo application periods – from now until April 2 and from April 16 – May 15. Moredetails about the program and the application form can be found here – http://www ... (Read Full Article)

      Mentions:   Michael Graney   Economic Development Council of Western Massachusetts

    7. Grants Available to Companies Involved in International Business Development and Trade

      Explore From the EDC (Mar 8 2012)

      The EDC and MOITI will host an informational forum for interested companies on Wednesday, March 14 at 5:00 in the TD Bank Community Room, 1441 Main Street, Springfield. Please contact Karen Tetreault at k.tetreault@westernmassedc.com or 413-233-9851 if you plan to attend.

       

      (Read Full Article)

      Mentions:   Springfield   Michael Graney   Economic Development Council of Western Massachusetts

    8. "PLAYING IN THE VALLEY"

      Explore From the EDC (Mar 1 2012)

      "PLAYING IN THE VALLEY"

      The Video Gaming industry is growing in Massachusetts. Video gaming represents a $2 billion dollar industry and employs almost 4,000 people across the state

      (Read Full Article)

      Mentions:   Hampshire College

    9. EDC Continues Trade Show Support for Western Mass Firms

      Explore From the EDC (Feb 26 2012)

      The EDC has continued our partnership with Team New England(primarily supported by Northeast Utilities) to host regional firms at industrytrade shows. Earlier this month, four western Mass firms – Hoppe Technologies,Peerless Precision, Pittsfield Plastics and Cavallero Plastics -- joined DaveDriver from NU and Mike Graney from the EDC at the west coast Medical Designand Manufacturing (“MD&M) show, the largest of the many MD&M showsaround the U.S. At least a dozen other firms from the region exhibited there,in addition to national or multinational firms with a regional presence likeCovidien, Bayer, UPG and Pelican. The EDC and NU ... (Read Full Article)

      Mentions:   Northeast Utilities   Michael Graney   Economic Development Council of Western Massachusetts

    10. Maybury Material Handling Receives Industry Award

      Explore From the EDC (Feb 17 2012)

      Maybury Material Handling Receives Industry Award

      Maybury Material Handling has been awarded MVP (Most Valuable Partner) Status for 2011 in a new program from the Industry's trade association, MHEDA (Material Handling Equipment Distributors Association).

      (Read Full Article)

      Mentions:   John Maybury   Maybury Material Handling

    11. News Release - - Electric Rates for Commercial and Industrial Customers to Decline in 2nd Quarter

      Explore From the EDC (Feb 15 2012)

      News Release - - Electric Rates for Commercial and Industrial Customers to Decline in 2nd Quarter

      SPRINGFIELD, Mass., February 14, 2012 - Medium and large commercial and industrial (C&I) customers who take basic service from Western Massachusetts Electric Company (WMECo) will see their electric supply rates decline beginning in April.

      (Read Full Article)

      Mentions:   Springfield   Western Massachusetts Electric Company

    12. Growth Industry Sector Series Kicks Off with Photonics Event

      Explore From the EDC (Feb 10 2012)

      The EDC hosted, and First Niagara Bank sponsored, the firstevent in our Industry Sector series, “New Market Opportunities for Photonicsand Fiber Optics Companies” at the Springfield Technology Park earlier thisweek. Photonics company executives from six states constituted the majority ofthe 75 attendees. Five industry speakers provided case studies of howcompanies, large and small, have found new uses for technology to navigate andprosper in this rapidly changing industry. The Western Mass firms in attendancehad the chance to network with their peers from around the northeast and to seehow their technologies can support some of these new initiatives.    The Photonics event was ... (Read Full Article)

      Mentions:   Springfield   Michael Graney   Economic Development Council of Western Massachusetts

    13. Register for Photonics Industry Sector Presentation

      Explore From the EDC (Jan 31 2012)

      The EDC wants to remind you to register for “New Market Opportunities for Photonics and Fiber Optics Companies”, the first in a series of seminars focused on growth opportunities in manufacturing sectors in western Massachusetts. The session will be held on Tuesday, February 7 from 4:00-6:30 at the Springfield Technology Park. More information can be found in the invitation -- http://www.westernmassedc.com/photonics2012/   The speakers have been confirmed. In addition to Keynote Speaker John Jay from Corning Optical Fiber (previously announced), the industry panelists will be Mike Toro from Schott, Pieter Schwarzenbach from Prima Electro, Flemming Tinker ...

      (Read Full Article)

      Mentions:   Springfield   Michael Graney   Economic Development Council of Western Massachusetts

    14. Final Rebuild Springfield Meeting Slated for January 31

      Explore From the EDC (Jan 25 2012)

      Final Rebuild Springfield Meeting Slated for January 31   The EDC would like to encourage everyone to attend the final meeting of Rebuild Springfield, scheduled for Tuesday, January 31 from 6:30-8:00 PM at St. Anthony’s Social Center, 375 Island Pond Road. Rebuild Springfield has been an extensive process coordinated by Develop Springfield and the Springfield Redevelopment Authority. The initial focus was on rebuilding neighborhoods that were devastated by the June 1 tornado, but the process has morphed into a city-wide development strategy. If you want more information, please visit the Rebuild Springfield website -- http://rebuildspringfield.com/   (Read Full Article)

      Mentions:   Springfield   Economic Development Council of Western Massachusetts   Develop Springfield

    15. EDC to Host Industry Sector Series

      Explore From the EDC (Jan 12 2012)

        The EDC will host “New Market Opportunities for Photonics and Fiber Optics Companies” on Tuesday, February 7, 2012, at 4:00 at the Springfield Technology Park. This will be the first in a series of presentations to be scheduled over the next several months focused on opportunities for manufacturing clusters we have identified as having growth potential for the region. Here is a link to the invitation, including RSVP information -- http://www.westernmassedc.com/photonics2012/ The series was spawned by the “Economic Development and Business Attraction Planning” report completed by CWS Consulting Group -- http://www.westernmassedc.com/cwsreport/ -- with the ... (Read Full Article)

      Mentions:   Springfield   Chicopee   Western Massachusetts Electric Company

    16. 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

    17. 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

    18. 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

    19. “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

    20. 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

    21. 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

    22. 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

    23. 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

    24. 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

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