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Inward Investment Guides

First Person: A Precision Aerospace Manufacturer Relocates Production from Mexico Back to New England

Scott Livingston, President and CEO, Horst Engineering Family of Companies (2015 Auto/Aero Site Guide)
A staff editor for Area Development recently interviewed Scott Livingston, the president and CEO of the Horst Engineering Family of Companies, a privately held contract manufacturer of precision-machined components and assemblies for aerospace and other high-technology industries which recently returned production to the U.S. from Mexico. More

Public Power Communities Shine the Light on Innovation

Mark Crawford (Q1 2015)
Public power utilities, which are owned by the communities they serve, have an inherent interest in helping those communities to innovate and prosper. More

Contingent Labor Streamlines Manufacturing Operations

Mark Crawford (Q1 2015)
Once only considered as a last resort by companies to reduce labor costs, contingent workers that possess high levels of industry-specific training are now used by manufacturers on an increasingly regular basis. It is estimated that by 2018 nearly 45 percent of the world’s total workforce will be contingent. More

First Person: Renaissance or Cyclical Recovery? Strategy for Sustained U.S. Manufacturing Competitiveness Needed

Adams Nager, Economic Research Assistant, Information Technology and Innovation Foundation (Q1 2015)
Adams Nager, an economic research assistant at the Information Technology and Innovation Foundation, recently talked with Area Development about the state of manufacturing in the U.S. In his career, Nager has focused on macroeconomic growth, competitiveness, and tax theory. More

Regional Report: Slow But Steady Economic Growth in New England States

Mark Crawford (Directory 2015)
Jobs are coming back slowly in New England, with aerospace/defense, bioscience, and fulfillment centers taking the lead. More

Urban vs. Suburban: Which Location Will Allow Your Company to Grow?

Julia Georgules, Vice President, Associate Director of Office Research, JLL (Q4 2014)
The key to urban vs. suburban or balancing millennial interests and boomer practicality is deciding which location and workplace strategy will accommodate growth. More

Revolutionary Advances in Life Sciences amid Industry Disruption and Uncertainty

Mark Crawford (Q4 2014)
Major economic, social, and regulatory factors are having big impacts on the life sciences and medical device industries, representing an opportunity for innovative companies to become new leaders and gain market share. More

The Regional Impact of Quality of Life on Entrepreneurial Decisions

Dan White, Senior Economist, Moody's Analytics (Q2 2014)
One of the most often cited reasons for the location of a new business is quality of life, yet it is one of the areas policymakers most often overlook. More


POPULATION: 6,692,824 (2012 Census estimate)

LABOR FORCE: 3,531,700 (Sept. 2014)


TRADITIONAL INDUSTRIES:Creative industries, defense and homeland security, financial services, information technology, life sciences, manufacturing, maritime commerce, renewable energy

EXPANDING INDUSTRIES: Management, scientific, and technical consulting services; individual and family services; pharmaceuticals and medicine manufacturing; home healthcare services; computer systems design and related services; residential care facilities; software publishing; scientific R&D services

COLLEGE GRADUATES: (Age 25 and over) 39% (U.S. Census 2008-2012 Community Survey)

Single Sales Factor: Yes (for manufacturing companies)

Corporate Income Tax Rate: 8 percent

Sales and Use Tax: 6.25 (machinery and equipment is exempt)

Personal Property/Real Estate Tax: Levied by local authorities across the state (average rate of $16.97 per $1,000 assessed property value)

Economic Development Incentive Program

Investment Tax Credit

Tax Increment Financing

Research & Development Tax Credit

Special programs, grants, and loans provided through:
• MassDevelopment

• Mass Ventures

• Massachusetts Growth Capital Corp.

• Workforce Training Fund

• Massachusetts Life Sciences Center

• Massachusetts Clean Energy Center

Principal Manufacturing industries

  • Computer & Electronic Products
  • Fabricated Metal Products
  • Food
  • Machinery
  • Chemicals
  • Transportation Equipment
  • Plastics & Rubber Products
  • Printing & Related Support Activities
  • Electrical Equipment & Appliances
  • Other Manufacturing Industries