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Raytheon makes an investment in Marlborogh's future

Posted by Ralph Ranalli September 24, 2007 09:58 AM

MARLBOROUGH

The Raytheon Company has donated $75,000 to the Marlborough 2010 Corporation, to be distributed evenly over the next three years.

The gift represents the largest investment in Marlborough 2010, since the economic development initiative was launched in April 2006, according to a press release from Mayor Nancy Stevens. Raytheon, a defense contractor, has also appointed a representative to the executive board of Marlborough 2010.

"As one of the city's largest employers, and a vital engine of economic activity and investment in the city, we are delighted to have Raytheon join our board," said John Riordan, Marlborough 2010's executive director, in a press release.

-- Lisa Kocian

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