1. Articles in category: Manufacturing

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    1. West Springfield Mayor Edward Gibson says extraordinary economic development in 2010 will be hard to beat ...

      West Springfield Mayor Edward Gibson says extraordinary economic development in 2010 will be hard to beat ...
      The other huge project that got started in 2010 was the mammoth expansion of CSX’s freight yard, a project which Gibson put at $10 million. “That will definitely lead to a rejuvenation of our Main Street-Union Street corridor and hopefully lead to future development in the area of the West Springfield trade center,” Gibson said.
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    2. Innovators hold key place in region

      Innovators hold key place in region
      The Economic Development Council and its partners will continue to work hard this year to identify the innovators in our region and help them find the resources they need to succeed. There is never a better or worse time to encourage new ideas. Very often, it is during the slower economic times that innovators choose to strike out on their own to prove the validity of a new idea or process or product.
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    3. Springfield City Council committees support Smith & Wesson tax incentives

      Springfield City Council committees support Smith & Wesson tax incentives
      Under the special tax agreement, Smith & Wesson would realize property tax savings totaling up to $600,000 over a five-year period in exchange for carrying through on plans to create at least 225 new jobs at its Roosevelt Avenue plant. The company currently has 882 full-time employees.
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    4. Photonics Industry Roundtable

      The EDC organized our first industry sector roundtable discussion of 2011 last week. As usual, we worked with an industry partner and we would like to thank Terry VanderWert from Prima North America for hosting the roundtable and providing a tour of Prima’s state-of-the-art laser production facility. Eight photonics industry representatives joined EDC staff and Mike Vedovelli, Regional Director for the Massachusetts Office of Business Development. The session was timely as the EDC will participate in a lead generation mission at Photonics West, the major photonics industry trade show in the U.S., next week. The photonics executives noted ...
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    5. Scuderi engine to report savings - MassLive.com

      Hoping to spark a revolution in how internal combustion engines are designed, the Scuderi Group is set to announce today that laboratory simulation tests have shown their "split cycle" engine consumes up to 36 percent less fuel than a conventional engine when running the same course in a 2005 Chevrolet Cavalier. The company, which has raised nearly $65 million from investors, has received interest in its innovative engine design from Honda, Peugeot, Daimler and Fiat, according to published reports.
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    6. Pratt & Whitney president David Hess foresees creating 'hundreds of jobs' at Connecticut plants

      Pratt & Whitney president David Hess foresees creating 'hundreds of jobs' at Connecticut plants
      This upsurge in hiring, Hess said, is a direct result of Pratt’s necessary transformation over the last 13 years from a Connecticut-and U.S.-based supplier to a global company with operations all over the world. To succeed, Hess stressed, businesses must - and Pratt has -concentrated on “high-value, high-knowledge work with a major technology component.” Also, he said, “We must recognize that low-value, low-knowledge work would leave high-cost places and probably never come back.”
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      Mentions: The Republican
    7. Springfield City Council considers tax relief for Smith & Wesson in exchange for jobs, investment | masslive.com

      SPRINGFIELD – The City Council will consider approving a five-year, special tax incentive agreement with Smith & Wesson that could save the company up to $600,000 in exchange for the company’s guarantees to add 225 manufacturing jobs and invest millions of dollars into its plant.
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    8. Defense industry jobs are critical to Western Massachusetts economy but often overlooked

      Defense industry jobs are critical to Western Massachusetts economy but often overlooked
      Even as the overall economy has struggled in the face of two recessions and fundamental industry shifts, defense has surged ahead. Total defense related economic activity in Massachusetts has increased 146 percent in less than a decade, from $10.6 billion in 2001 to $26 billion in 2009. During that same period, the number of employees supported by the defense sector has grown by nearly 50,000 jobs - an increase of more than 70 percent.
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    9. Paper mill bounces back - Berkshire Eagle Online

      Paper mill bounces back - Berkshire Eagle Online
      Last month, the Massachusetts Alliance for Economic Development honored Onyx as its top performer for job retention and expansion this year in Western Massachusetts, an award well deserved according to state Rep. William "Smitty" Pignatelli. "I call Onyx a rags-to-riches story," said Pignatelli. Onyx Specialty Papers has bucked a trend in Lee that began three years ago, when MeadWestvaco began the exodus of paper mill jobs from the once mostly blue-collar town.
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    10. Ships deal a go - Berkshire Eagle Online

      Ships deal a go - Berkshire Eagle Online
      General Dynamics Advanced Information Systems expects to add 500 or more jobs at its Pittsfield plant over the next five years to handle a U.S. Navy contract for 10 specialized combat ships. "This is a landmark day for the city of Pittsfield. I could not be happier," Mayor James M. Ruberto told The Eagle on Wednesday. "The city is a beneficiary for having General Dynamics in it." "It's as about as good economic news as we could have wished for, and it's real," said state Sen. Benjamin Downing, D-Pittsfield.
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  3. Organizations in the News

    1. (1 articles) Westmass Area Development Corp.
    2. (1 articles) HealthSouth
    3. (1 articles) Ludlow Mills
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    1. (1 articles) Springfield
    2. (1 articles) Chicopee
    3. (1 articles) Westfield
  5. Companies in the News

    1. (1 articles) Smith & Wesson Corp.