MassEcon, a promoter of Massachusetts businesses, annually honors businesses in the state with the Economic Impact Award. This recognition acknowledges the businesses that positively affect the state’s economy through job growth, facility expansion, and investment. MassEcon sees the following 14 companies as stakeholders in the fabric of the Massachusetts economy as they make significant contributions through their community involvement, and their dedication to benefiting the local job market and economy.
The companies will be honored at a luncheon on Nov. 26 at the Renaissance Waterfront Hotel in Boston.
Greater Boston bronze winner:
Industry: Energy management
Recent expansion: EnerNoc expanded its 82,000-square-foot global headquarters in Boston’s Innovation District by 21,000 square feet with a $15 million investment.
Workforce growth: This new space has made room for 100 additional employees to the current 400 that work there, managing and reducing real time energy emissions.
Greater Boston silver winner:
Recent expansion: Momenta increased its laboratories and office space by 105,00 square feet to create space for work on developing new drugs.
Workforce growth: Momenta’s $9.9 million in facility improvement and equipment is just part of growing its employee numbers to more than 250, all located in Massachusetts.
Greater Boston gold winner:
Industry: Health care software
Recent expansion: A health care records software company, Athenahealth acquired Harvard University’s Arsenal campus on the Charles River for $186 million to expand its headquarters by 51,000 square feet. The company has also announced it will make $200 million in improvements over the next 10 years.
Workforce growth: In addition to expanding their campus, Athenahealth added 458 jobs and plans to add 1,600 in the next few years.
Northeast bronze winner:
Industry: Bio/pharmaceuticals services
Recent expansion: As the largest employer in Billerica, Parexel expanded its campus with an additional 106,000 square feet for a total of $16.7 million investment.
Workforce growth: The company added 119 jobs in Massachusetts. Its employees participate in a program called Employee Charitable Outreach, which supports a variety of causes.
Northeast silver winner: E Ink
Industry: Digital signage
Recent expansion: E Ink, a producer of electronic paper signage, recently moved to a 140,000-square-foot facility in Billerica.
Workforce growth: The move allowed the company to retain its existing 250 employees and it will hire 100 new employees in the next five years.
Northeast gold winner:
Red Hat, Inc.
Recent expansion: Red Hat built a 75,000-square-foot facility for its engineering and sales team next to their existing 100,000 square foot research and development location.
Workforce growth: With a new building and a growing cloud software business, Red Hat added 97 employees this year with plans to add 181 jobs by 2016.
Southeast bronze winner: Granite Telecommunications
Recent expansion: Granite Telecommunications, with locations in Georgia, Florida, Rhode Island, and New York City, has dedicated itself to the community of Quincy by purchasing a 124,000-square-foot building valued at $14 million.
Workforce growth: Over half of Granite’s 2,000 employees are based in Quincy, with 179 new jobs added this year.
Pictured: Members of the Granite team presented a check for the money they raised as part of Granite Day, the company’s charitable carnival.
Southeast silver winner: LeachGarner
Industry: Precious metals
Recent expansion: This newly formed company from mergers and acquisitions has spent over $12 million with Massachusetts suppliers and service providers.
Workforce growth:With over 600 people employed in Massachusetts, LeachGarner has added 87 new jobs since the company’s formation in May 2012.
Hamilton Storage Technologies
Southeast gold winner: Hamilton Storage Technologies
Industry: Life science storage
Recent expansion: Hamilton Storage Technologies specializes in the ultra-low temperature storage of life science processes, such as DNA, forensics, and biobanking. They invested $16 million to build a 52,000-square-foot facility.
Workforce growth: As the sample management division headquarters and East Coast competence center, Hamilton employees 60 people in Massachusetts with plans to hire 20 more in the coming year.
Central bronze winner: Saint-Gobain
Recent expansion: As the world’s largest building materials company, Saint-Gobain built a 187,000 square-foot expansion on their Devens headquarters.
Workforce growth: The expansion allowed for Saint-Gobain to hire 100 new employees.
Saint Vincent Hospital
Central silver winner: Saint Vincent Hospital
Industry: Health care
Recent expansion: To accommodate its growing programs in CyberKinfe cancer treatment, cardiac care, and minimally invasive surgery techniques, Saint Vincent Hospital will complete a 65,000-square-foot Cancer and Wellness Center in December 2013.
Workforce growth: The building project created 100 new construction jobs and will hire 30 new faculty upon completion.
Central gold winner: Unum
Recent expansion: This company’s predecessor, Paul Revere Life Insurance, entrusted a long-company history in Massachusetts to a traditionally United Kingdom company. Upon merging, Unum was the first to move into Worcester’s CitySquare development, signing a 17-year lease.
Workforce growth: Its investment created 300 construction jobs and allowed 600 jobs to remain in the Commonwealth.
West silver winner: Gulfstream Aerospace
Industry: Aircraft production
Recent expansion: Gulfstream Aerospace, a subsidary of General Dynamics, invested $24 million in Massachusetts with the construction of an 85,000-square-foot hangar for maintenance, repair, and overhaul of 22 of the company’s manufactured business jet aircrafts.
Workforce growth: This new hangar created 100 new product support jobs on site in Westfield.
West gold winner: Lenox Tools
Headquarters: East Longmeadow
Industry: Tool manufacturing
Recent expansion: Due to customer demand of Lenox’s hand tools, accessories and band saw blades, the company expanded by 55,000 square feet across two buildings in East Longmeadow.
Workforce growth: The growing business hired 155 new employees, who joined their current staff to engage in the community through a variety of charitable organizations.