PoroGen Corporation To Establish New Manufacturing Facility In Woburn, Massachusetts
The firm sells its products to original equipment manufacturers that provide oil and gas companies with reliable natural gas purification systems. PoroGen’s hollow fiber membrane filters remove multiple impurities including acid gases, heavy hydrocarbons, and water vapor. PoroGen researches, develops, and manufacturers its products at two sites in Woburn.
As an incentive, MassDevelopment provided a $1 million Emerging Technology Fund loan to finance the purchase of manufacturing equipment and provide working capital to lease its new 30,000 square foot manufacturing facility. “High-tech manufacturers like PoroGen spur economic growth in the Commonwealth,” said MassDevelopment President and CEO Marty Jones. “We’re pleased to leverage the Emerging Technology Fund loan to help PoroGen to add skilled workers.”
“To support rapid growth of worldwide sales, PoroGen has recently moved into a state-of-the-art manufacturing facility in Woburn,” said PoroGen President Ben Bikson. “The MassDevelopment loan will enable us to double the manufacturing capacity and meet the growing demand for energy efficient industrial purification equipment. We find MassDevelopment to be an invaluable resource for growth companies in Massachusetts.”
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