OwlStamp Visual Solutions Expands Lowell, Massachusetts, Operations With State Loan
07/05/2016
As an incentive, MassDevelopment issued a $50,000 loan to help the company with its expansion plans. OwlStamp plans to utilize loan proceeds to buy new printing and binding equipment for its location at 142 Middle Street.
“We are delighted to once again help provide OwlStamp with the resources it needs to grow as a business in the years to come,” said MassDevelopment President/CEO Mary Jones. “The Commonwealth’s manufacturers are key economic assets in our Gateway Cities, and Owl Stamp doubly fills that role by being part of the sector and supporting fellow manufacturers with its services.”
According to MassDevelopment officials, the state also provided OwlStamp a $138,000 loan in 2005. Since 1912 OwlStamp Visual Solutions has provided thousands of options to address printing and graphic product solutions across every market sector, including banking and finance, manufacturing, technology, government, nonprofit, medical, legal, retail, engineering, food manufacturing and services.
“MassDevelopment has been an important partner in continuing our growth in Massachusetts,” said OwlStamp President Peter Bergeron. “This loan will allow us to update equipment and continue providing the best graphic solutions to the clients we serve, now and in the future.”
Project Announcements
Vietnam-Based Boviet Solar Plans Greenville, North Carolina, Production Operations
05/01/2024
Nestlé Purina PetCare Company Expands Jefferson, Wisconsin, Operations
04/30/2024
Honda Motor Plans Alliston, Ontario, Canada, EV Production-Battery Operations
04/30/2024
Toyota Expand Princeton, Indiana, Assembly Operations
04/30/2024
Tradd Advisory Company Expands Mount Pleasant, South Carolina, Operations
04/29/2024
KOI Superior Walls Plans Boone County, Kentucky, Operations
04/29/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024