With loan, state seeks a jolt to job market
A123 Systems vows to hire 250, expand operations in Hopkinton to build massive power storage units
The state is giving Watertown battery maker A123 Systems a $5 million loan in return for creating 250 jobs and expanding operations for making large batteries that connect to the electricity grid. A123 plans to spend $80 million on the expansion. (Full article: 486 words)
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