MassEcon Awards Event Honors 14 Massachusetts Organizations

BOSTON– MassEcon, the state’s private sector partner in promoting business growth in Massachusetts, honored 14 organizations for their outstanding contributions to the Massachusetts economy on Wednesday.

The companies were selected on the basis of job growth, facility expansion and investment, community involvement, and commitment to diversity, inclusion, and equity initiatives since January 1, 2024. The winners span from Greater Boston to Western Massachusetts, ranging in size, and drawn from industries that include manufacturing, biotechnology, climate tech, medical devices and more. Citizens was Presenting Sponsor.

“Each awardee is a testament to Massachusetts as a place to live, work, and thrive,” said Peter Abair, MassEcon Executive Director. “We are proud to honor their success and commitment to Massachusetts.”

Approximately 350 business leaders from across the Commonwealth gathered at UMass Boston to celebrate these growing Massachusetts companies and hear live remarks from Governor Maura Healey and Yvonne Hao, Secretary of Economic Development.

The winning companies (listed below) were selected after site visits and a Finalists Showcase when they delivered a 90 second “pitch” on why they should receive a Gold, Silver, or Bronze award in their region. The company expansion projects represent a financial investment of $280 million, expanded their facilities by 1.152 million square feet, and added 822 jobs added to the state’s economy.

“This year, we are thrilled to congratulate all of the Gold, Silver and Bronze award winners,” said Massachusetts Governor Maura Healey. “Your commitment to enhancing our economy and providing opportunity is an asset to Massachusetts and we are grateful for all that you do.”

Werfen received its second Economic Impact Award (received the award as Instrumentation Laboratories in 2017) and Moderna received its second Economic Impact Award for regional expansion in Massachusetts. Moderna also received the Summit Achievement Award for continued expansion and investment throughout Massachusetts for 15 years. This is a unique award, having been presented once before in 2023. The Innovation Excellence Award was also presented for a second time, this year to Berkshire Innovation Center. This award recognizes the Berkshire Innovation Center’s role in driving innovation and sustainable growth of the technology-focused economy of the Berkshires.

“This year’s award winners have made significant impact to the Massachusetts economy and demonstrate the range of industries that can grow and thrive here in the Commonwealth,” said Dave Bugbee, Managing Director at Citizens. “Citizens is proud to support MassEcon and companies that make Massachusetts a top destination for business and innovation.”