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Study: Slower Health Premium Increases Would Add Billions to Economy
Explore AIM Business Insider (Apr 27 2012)
Lowering the annual growth of health insurance premiums to 2 percent in Massachusetts would increase the take-home pay of every Bay State worker by $9,200 over the next eight years, according to a study released today by MIT economist Jonathan Gruber.
(Read Full Article)
State Seeks Input on Manufacturing Challenges
Explore AIM Business Insider (Apr 16 2012) Manufacturing
What are the barriers that hinder Massachusetts manufacturers? State officials want to find out and plan to survey of Bay State manufacturing firms.
(Read Full Article)
AIM-Member Manufacturer Uses ISO Certification to Win New Business
Explore AIM Business Insider (Apr 11 2012) Manufacturing , Plastics
For AIM member Universal Plastics, a family-run job shop with a 45-year history in Holyoke, the opportunity for growth came from a new aerospace customer. But when the customer notified Universal that it would require ISO certification from all its suppliers, the issue grabbed the attention of company president Joe Peters.
(Read Full Article)
Comment Mentions: Associated Industries of Massachusetts Holyoke
Rising Health Costs Mean Real Money to Real People
Explore AIM Business Insider (Mar 26 2012) Health Care
The association set a clear and aggressive objective because we believe it is the only way to end the run-up in health insurance costs that has depressed economic expansion and job growth for more than a decade. It is also the only way to solve an impending crisis that could leave Massachusetts with a world-class heath care system that no one can afford.
(Read Full Article)
Employers Back Rep. Neal's Call to Preserve Retirement Tax Incentives
Explore AIM Business Insider (Feb 17 2012)
The Gerlach-Neal Resolution notes that the taxation of amounts contributed to pension and retirement plans is simply deferred, not lost; that more than 70 percent of American workers making between $30,000 and $50,000 contribute when covered by a retirement plan at work; and that current law requires business owners and managers who sponsor a retirement plan to also must cover and provide benefits to lower- and middle-income employees.
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Comment Mentions: Associated Industries of Massachusetts Springfield Congressman Richard E. Neal
Mestek, Orion Find New Business Close to Home in Massachusetts
Explore AIM Business Insider (Jan 31 2012) Manufacturing
The November BuyMass event was co-sponsored by the Massachusetts Executive Office of Housing and Economic Development and the Economic Development Council of Western Massachusetts.
(Read Full Article)
Comment Mentions: Raytheon Associated Industries of Massachusetts Westfield
Administration Economic Plan Highlights Growth Industries
Explore AIM Business Insider (Dec 30 2011)
"The Economic Development Planning Council plan will help continue to support the economic growth we have seen, while identifying ways to make Massachusetts more competitive in the world economy and allow the administration to work with our partners in the business and academic communities to make the commonwealth stronger in the long term," Secretary of Housing and Economic Development Gregory Bialecki said in a statement.
(Read Full Article)
Supplemental Budget Will Free Money to Train Workers
Explore AIM Business Insider (Oct 7 2011)
The $460 million budget measure will allow state officials to move money earmarked earlier this year for the Workforce Training Fund Program (WTFP) into a new trust fund created when Governor Deval Patrick signed the Fiscal Year 2012 budget in July. Officials cannot currently apply money that was in the fund prior to the creation of the trust, meaning that companies awarded grants in July have been waiting to receive their money.
(Read Full Article)
Comment Mentions: Governor Deval L. Patrick Associated Industries of Massachusetts
Massachusetts Avoids Political, Economic Fury in 2011
Explore AIM Business Insider (Aug 18 2011) Energy , Health Care
The political and economic battles that usually consume Massachusetts seemed to rage mostly outside the borders of the commonwealth. (Read Full Article)
Comment Mentions: Governor Deval L. Patrick Associated Industries of Massachusetts Rick Lord
More Employers Offer Health Insurance, Fewer Employees Take It
Explore AIM Business Insider (Jul 13 2011) Health Care
The number of Massachusetts employers offering health insurance has increased, but fewer employees are enrolling in company sponsored plans (Read Full Article)
Comment Mentions: Associated Industries of Massachusetts Rick Lord
Government Offers Resources for Businesses Affected by Tornadoes
Explore AIM Business Insider (Jun 2 2011)
The federal government offers a variety of resources to companies harmed by tornadoes - ranging from disaster assistance loans to tax relief to guidance on managing employees following a disaster. Small Business Administration (SBA) loans are available for physical damage, economic injury and inventory replacement.
A complete list of government resources for employers may be found at:
http://www.disasterassistance.gov/disasterinformation/your-business-farm.shtm
Specific information about SBA loans may be found at:
http://www.fema.gov/assistance/process/sba_assistance.shtm
(Read Full Article)
Governor, AIM Announce Expanded BuyMass Initiative
Explore AIM Business Insider (May 16 2011) Aerospace/Defense , Information Technology , Manufacturing
“We are very appreciative for the opportunity to meet with Raytheon and look forward to meeting with other Massachusetts companies to create business growth in the manufacturing sector. We can do business with global companies like Raytheon, but we just need someone to open the door and help us find the right people,” said Robert Klinger, President of Klinger Engineering in Whately. (Read Full Article)
Comment Mentions: Governor Deval L. Patrick Raytheon Associated Industries of Massachusetts
Raytheon Meets Potential Suppliers at BuyMass Event in Springfield
Explore AIM Business Insider (May 6 2011) Information Technology , Manufacturing
“The matchmaking event gives Raytheon the opportunity to find innovative and world-class suppliers in western Massachusetts while allowing companies here in the Valley to speak directly about their technologies and products to one of the world’s foremost companies,” said Allan Blair, President of the EDC. (Read Full Article)
Comment Mentions: Domenic J. Sarno Raytheon Associated Industries of Massachusetts
Massachusetts Employers Add Jobs at Fastest Pace in 20 Years
Explore AIM Business Insider (Aug 23 2010)
Massachusetts employment bottomed out in December-January and has risen each month since, for a total gain of 60,000 jobs. The strong July results are particularly heartening as they follow June numbers that seemed to show weakening expansion. At this point, the state is actually rebuilding employment more rapidly than it did following the two previous recessions.
(Read Full Article)







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