Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

MassDevelopment Loan Assists Atomic Coffee Roasters Expansion in Danvers, Massachusetts

10/30/2018
MassDevelopment issued a $350,000 equipment loan to assist in the expansion of Atomic Coffee Roasters, a family-owned coffee company in Boston, Massachusetts.

According to state officials Atomic Coffee Roasters is using loan proceeds to buy equipment for its recently opened coffee roasting and cold brew production facility in Danvers, 20.8 miles north of Boston.

Atomic Coffee Roasters Co-Founder John Mahoney said, “We’ve seen explosive growth with the Atomic Brand and our Cold Brew products are being very well received throughout Massachusetts. Growing our brand and being vertically integrated (sourcing, roasting, steeping, canning, bottling and delivery) allows us to offer ‘best in class’ products at a value added price. We just launched our Nitro Cold Brew and bottled products through Night Shift Distributing and they’re doing a great job expanding our reach throughout Massachusetts.”

“Since its first café opened in Beverly more than 20 years ago, Atomic Coffee Roasters has grown to become a household name for quality coffee in the North Shore region,” said MassDevelopment President & CEO Lauren Liss. “MassDevelopment is pleased to support this local business through its next stage of growth by providing low-cost financing for the fit-out of its new production facility in Danvers.”

Atomic Coffee Roasters was founded in 1996 by two brothers, John Mahoney and Andrew Mahoney, who fulfilled their dream to one day own and operate their own coffee shop. The brothers’ original coffee shop, Atomic Café Inc., is located on Cabot Street in Beverly and serves coffee roasted on the premises. The company expanded to open two additional cafés in Marblehead and Newburyport, but later sold those locations to focus on wholesale production. Atomic Coffee Roasters’ coffee roasting and cold brew production facility opened on June 1, 2018.

Share

Exclusive Research