1. Articles in category: Manufacturing

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    1. Menck USA window company gets $5 million in tax-exempt bonds

      Menck USA window company gets $5 million in tax-exempt bonds

      MassDevelopment has issued a $5 million tax-exempt bond on behalf of Menck USA Inc., which does business as Menck Windows. Menck USA, which will be based in Chicopee, was formed through a partnership between Menck Fenster GmbH, a 130-year-old Hamburg, Germany, custom window and door manufacturer and Liesenfeld International. The company is using bond proceeds to buy manufacturing equipment and renovate roughly half a 150,000-square-foot Chicopee building that was vacant for several years. Menck USA expects to create 50 jobs over the next five years as a result of the project. Boston Private Bank purchased the bond and the ...

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    2. One-stop shop: Detector Technology in Palmer looks to create 'manufacturing mall'

      One-stop shop: Detector Technology in Palmer looks to create 'manufacturing mall'

      Jay Ray, president and CEO of Detector Technology Inc., likens his company's expansion project to a manufacturing mall. Think of storefronts, he said, lining the perimeter of a precision machine shop. Each storefront, each distinct physical space in the plant, run by and representing a critical step or aspect of manufacturing, development and assembling highly technical products.

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      Mentions: Palmer Holyoke
    3. Nuclea Biotechnologies in Pittsfield hopes to relocate manufacturing to old GE site from Cambridge

      Nuclea Biotechnologies in Pittsfield hopes to relocate manufacturing to old GE site from Cambridge

      Nuclea Biotechnologies, a developer and maker of diagnostic tests for cancer and diabetes, hopes to move manufacturing operations from Cambridge to the Berkshires. The new location would be near Nuclea's current headquarters in what was once General Electric's sprawling Pittsfield manufacturing complex. Today it is the Pittsfield Economic Development Authority property now known as the William Stanley Business Park.

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    4. MassDevelopment » AMP it up! Matching Grants Total Nearly $110,000 For 11 Innovative Massachusetts Programs

      MassDevelopment » AMP it up! Matching Grants Total Nearly $110,000 For 11 Innovative Massachusetts Programs

      Through the AMP it up! campaign that promotes advanced manufacturing as an attractive career path, MassDevelopment will for a second straight year issue matching grants to partnerships across the Commonwealth. In this second grant round, MassDevelopment will provide $108,950 in matching grants to 11 partnerships that consist of workforce investment boards, community colleges, and industry associations who will use funds to develop community-based programs and activities that educate students and the adults in their lives about career options in advanced manufacturing.

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      Mentions: MassDevelopment
    5. Belt Technologies, other local employers, take advantage of Workforce Training Initiatives

      Belt Technologies, other local employers, take advantage of Workforce Training Initiatives

      Belt Technologies, a manufacturer of stainless steel belts, pulleys and conveyors with 35 employees at its Agawam factory and headquarters, is one of several local companies taking advantage of the latest round of state Workforce Training Initiatives.  Belt Technologies, which received $75,897 to train 31 employes and create three new jobs, is one of 39 Massachusetts companies looking to train 3,273 workers and hire 242 with a total of $3.7 million announced last week by the Executive Office of Labor and Workforce Development.

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    6. Mayfield Plastics Acquired by Owner of Universal Plastics

      Mayfield Plastics Acquired by Owner of Universal Plastics

      Mayfield Plastics was recently acquired by Jay Kumar, the owner of Universal Plastics, a custom thermoformer based in Holyoke MA. The acquisition will allow Mr. Kumar to continue to execute on his vision to find ways to add additional value to customers, grow the business and establish a stronger footprint in the custom plastic thermoforming space. The intention of this merger is to provide Mayfield with additional management, technical and financial support. Both Mayfield and Universal will continue to maintain their facilities, brand, employees and procedures. Mr. Kumar plans to invest in Mayfield which ensures that Mayfield can continue to ...

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      Mentions: Holyoke
    7. Southworth's Paperlogic unit in Turners Falls looks for new paper markets

      Southworth's Paperlogic unit in Turners Falls looks for new paper markets

      Mike Bilodeau, director of the process development center at the University of Maine at Orono. Southworth and Paperlogic are working with Bilodeau's team and with researchers at the University of Massachusetts at Amherst . For most of its life, the Southworth Co. mill on the power canal here was Esleeck Paper Co. and famous for its onionskin typing paper. Onionskin was tough, translucent and lightweight, perfect for the emerging technologies: the typewriter, carbon paper and airmail. Try finding it on an office-supply shelf today. "Nobody uses carbon paper anymore," said Ken Schelling, mill manger for the Southworth Co. "So they ...

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    8. Smith & Wesson announces sales up 2 percent from this time last year

      Smith & Wesson announces sales up 2 percent from this time last year

      Smith & Wesson announced Tuesday net sales of $139.3 million for the quarter ended Oct. 31, up 2 percent compared with the same period a year ago when sales were $136.5 million.  The company's stock rose 6 percent in after-hours trading to about $12.79 per share from $12.12 a share at the stock market's close. Smith & Wesson stock is up 44 percent on the year

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    9. Springfield's A.G. Miller continues proud century-old tradition of metal fabricating, but needs help getting trained staff

      Springfield's A.G. Miller continues proud century-old tradition of metal fabricating, but needs help getting trained staff

      When A.G. Milller started in the metal fabrication business in Springfield nearly 100 years ago, its customers were automobile manufacturers Knox and Stevens-Duryea.
      'In the 1920s our largest customer was Rolls-Royce when they made cars here in Springfield,' said Rick Miller, the current owner of A.G. Miller and grandson of the company founder. 'We did the fenders and door panels for them. It has always been the precision higher-end of sheet metal fabricating.'

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    10. Regional Employment Board of Hampden County receives $444,000 for precision manufacturing training program

      Regional Employment Board of Hampden County receives $444,000 for precision manufacturing training program

      The state has granted $444,208 to support the Regional Employment Board of Hampden County's Precision Manufacturing Training Program, according to a news release issued last week. The grant is part of a larger program. Housing and Economic Development Secretary Greg Bialecki announced four awards totaling more than $1.3 million to support regional programs to train unemployed and underemployed individuals, including veterans, for careers in the state’s advanced manufacturing industry.

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      Mentions: Springfield
    11. Chicopee approves tax break for Menck Windows

      Chicopee approves tax break for Menck Windows

      The company, which is in a joint venture with Menck Fenster a 130-year-old German company, initially plans to hire 20 to 30 employees and hopes to expand to at least 50 within five years.  Before the City Council meeting, Todd Bachelder, president and chief executive officer for Menck USA, asked for a quick approval so the company could begin installing equipment and be ready for business for the end of the 2014 construction season.  The approval enables the company to appear before the state Economic Assistance Coordinating Council this month to request economic development incentive grants or tax credits.

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      Mentions: Chicopee
    12. Big Picture | BusinessWest

      Big Picture | BusinessWest

      Bob LePage spends a lot of time talking to employers from many different sectors, from healthcare to hospitality; financial services to manufacturing. And they all have one thing in common — a need for quality workers.  He related a conversation he had with the head of an area manufacturing firm. “He said, ‘we have more work than we have capacity. And what’s the biggest capacity constriction? Lack of workers. If I could find them, I’d add a shift, I’d add another line. Our challenge is, we need more qualified workers, whether that’s taking assemblers and upscaling them ...

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    13. Northampton company L-3 KEO announces elimination of 19 positions

      Northampton company L-3 KEO announces elimination of 19 positions

      L-3 KEO, the city's largest industrial employer announced Friday it is laying off 19 employees from its Northampton location in part because of declining defense spending and continuing impact of sequestration on the federal budget, according to company officials. "This difficult, but necessary action was taken to maintain the division’s overall competitiveness and improve its ability to win and execute new business pursuits in a declining defense budget and sequestration environment," the company said in a prepared statement. Positions being affected are both salaried and hourly, and employees have been offered severance packages and outplacement assistance.

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    14. West Springfield High School's Pathways to Prosperty program gets visit from Massachusetts Gov. Deval Patrick

      West Springfield High School's Pathways to Prosperty program gets visit from Massachusetts Gov. Deval Patrick

      Gov. Deval L. Patrick toured the West Springfield High School's Pathways to Prosperity program on Tuesday during his visit to Western Massachusetts. Designed to set ninth grade students on a path towards careers in advanced manufacturing, the program offers a wide curriculum with math and science being key components. "The Pathways to Prosperity concept is a powerful one," said the governor . “It’s about exposing young people to work and opportunities.”

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    15. United Technologies Research Center's 'flow battery' technology wins 'Oscars of innovation'

      United Technologies Research Center's 'flow battery' technology wins 'Oscars of innovation'

      United Technologies Research Center has developed a “flow battery” technology that won an accolade that research center spokeswoman Katie Haswell calls the “Oscars of innovation.”  The recognition is from trade publication R&D magazine, which named it among the 100 most technologically significant products introduced to the market in the last year, she said.

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      Mentions: The Republican
    16. Massachusetts is Number One in Education. Is That Enough?

      Massachusetts is Number One in Education. Is That Enough?

      The gap between the knowledge required by globally competitive Bay State employers and the knowledge offered by job seekers remains a major impediment to economic growth across Massachusetts. It is a gap that has persisted throughout the Great Recession, ranging from software companies that could hire dozens of programmers tomorrow but cannot find them, to precision manufacturers starved for young workers with the mathematical and mechanical skills to do high-tolerance machining.

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    17. Commonwealth to Inject $20+Million Into Manufacturing Programs in 2014

      Mike Prior, Director of Business Development/NGM Programs at the Massachusetts Manufacturing Extension Partnership (MassMEP), and Douglas Kehlhem, Senior Director at MassEcon were also part of the panel that led the summit conversations. Keynote speakers included Greg Bialecki, Massachusetts Secretary of Housing and Economic Development and Arthur Vigeant, Marlborough Mayor. MEDC Executive Director, Tim Cummings, hosted the event.

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    18. Westfield Chamber, Training and Workforce Options join to host manufacturing training summit at Savage Arms

      Westfield Chamber, Training and Workforce Options join to host manufacturing training summit at Savage Arms

      According to the Regional Employment Board of Hampden County, the Pioneer Valley boasts approximately 293 manufacturers who employ roughly 7,850 workers. Manufacturing is the fourth-largest industry sector in the Commonwealth, with more than 299,000 employees, and ranks second in the Pioneer Valley. The summit also will address such issues as current and future business challenges, specific industry workforce needs, projected changes in the local economy and the workforce, resources available to improve workers’ skills and development, and ways in which Holyoke Community College and Springfield Technical Community College and manufacturers can develop meaningful partnerships to effectively address the ...

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    19. STCC Celebrates Expansion of Mechanical Engineering Tech. Building

      STCC Celebrates Expansion of Mechanical Engineering Tech. Building

      Some big things are happening in the technology program at Springfield Technical Community College. STCC is expanding its mechanical engineering technology building and that means more good paying jobs in the precision manufacturing field. Massachusetts Housing and Economic Development Secretary Greg Bialecki joined local officials in cutting the ribbon for the expansion of the mechanical engineering technology, or MET, program at STCC.

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    20. Connecting Points | BusinessWest

      Connecting Points | BusinessWest

      As she gave BusinessWest a tour of the 24,000-square-foot MicroTek plant on Justin Drive, Paradis stopped at a number of the workstations where she learned this business and its specific products more than 25 years ago.  She explained the processes involved with specific parts, offered high praise for the workforce, and ended with some pointed commentary.  “This is a good example of how manufacturing is still a big part of our economy in Western Mass.,” she said. “People say this sector is in decline, and maybe it’s not what it once was, but what we’re doing here ...

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    21. Hasbro among big gainers as S&P 500 ekes out a small advance to set a new record

      Hasbro among big gainers as S&P 500 ekes out a small advance to set a new record

      Toymaker Hasbro and the V.F. Corporation, which owns clothing brands including Wrangler and The North Face, were among the biggest gainers in the S&P 500 after reporting earnings that beat analysts' expectations. McDonalds dipped after reporting disappointing revenue. The S&P 500 closed up a fraction of a point at 1,744.66, an all-time high, its third consecutive record close. Stocks climbed last week after Washington reached a deal to end a 16-day government shutdown and avert a default on the nation's debt.  The index is up 22 percent so far this year, putting it on ...

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      Mentions: Boeing Hasbro, Inc.
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