Learn more about relocating or expanding to Massachusetts

Massachusetts business climate, manufacturer incentives, and advantages of MA communities

Relocate or Expand to Massachusetts - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Massachusetts business climate, manufacturer incentives, and advantages of MA communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Massachusetts Business Data*

Massachusetts

Population: 6,593,587
Total Labor Force: 3,473,200
Unemployment Rate: 6.4%
Number of Manufacturers: 8,303
Manufacturing Jobs: 347,770
Right to Work: No
Unemp. Ins. Tax: 1.26–12.27%
 
Corporate Income Tax:
8%

Sales Tax:
6.25%. Exemptions include: Sales to manufacturers

Property Tax:
“Ad Valorem” Tax is assessed on real and personal property. Rates vary by county.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
14% Electronic and other electric equipment
14% Instruments and related products
13% Industrial machinery and equipment
10% Printing and publishing
8% Fabricated metal products

Largest Manufacturing Establishments:
(by number of employees)
Raytheon Co. (Andover) - 4,500
GE Aviation Systems, LLC (Lynn) - 3,300
Gillette Co., The (South Boston) - 3,000
Staples, Inc. (Framingham) - 3,000
UNFI Specialty Distribution Services (Leicester) - 2,500
IBM Corp. (Littleton) - 2,500
 
Counties with the Most Manufacturing Jobs:
Middlesex - 127,842
Essex - 54,271
Worcester - 49,332
Bristol - 39,317
Norfolk - 36,906

Cities with the Most Manufacturing Jobs:
Boston - 13,548
Andover - 12,095
Waltham - 10,864
Worcester - 10,138
Wilmington - 9,097

Manufacturing Related Business Incentives:
• MassDevelopment Equipment Loans
• Brownfields Redevelopment Fund
• Emerging Technology Fund
• MassDevelopment Exporter Financing
• Southeast Regional Loan Fund (SRLF)
• Brownfields Tax Credit Program
• New Markets Tax Credit Program
• Tax Exempt Bonds
• Green Loan Program
• Pre-development Loans
• Small Business Purchasing Program (SBPP)
• Tax Increment Financing (TIF)
• Research & Development Tax Credit
• Investment Tax Credit (ITC)
• Economic Development Incentive Program (EDIP)
• Single Sales Factor (Reduces tax burden for manufacturers)


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Massachusetts Office of Business Development
This office seeks to help companies create and retain jobs, as well as promote private investment in the state. Helps facilitate simplified, timely access to a host of governmental and non-governmental resources and incentive programs that will help businesses grow faster and stronger.
One Ashburton Place, Suite 2101, Boston, MA 02108 (Map & Aerial View)
(617) 788-3670
www.mass.gov

Boston Redevelopment Authority
In partnership with communities, the BRA plans Boston's future while respecting its past. It prepares residents for new opportunities through training, human service and job creation, and guides physical, social, and economic change in Boston's neighborhoods and its downtown.
One City Hall Square, Boston, MA 02201 (Map & Aerial View)
(617) 722-4300
www.bostonredevelopmentauthority.org

City of Boston Business Development
The OBD provides entrepreneurs and existing businesses with access to financial and technical resources. OBD also supports the nationally recognized Boston Main Streets program, designed to promote the continued revitalization of the City's neighborhood commercial districts through public/private partnerships.
26 Court Street, Boston, MA 02108 (Map & Aerial View)
(617) 635-0403
www.cityofboston.gov/dnd

Greater Boston Chamber of Commerce
The Greater Boston Chamber is a broad-based association representing more than 1,500 businesses of all sizes from virtually every industry and profession in the region. It provides leadership in creating a healthy climate for economic development and job creation.
265 Franklin Street, 12th Floor, Boston, MA 02110 (Map & Aerial View)
(617) 227-4500
www.bostonchamber.com

MassDevelopment
Massachusetts Development Finance Agency provides financial tools and real estate services in Massachusetts.
160 Federal Street, Boston, MA 02110 (Map & Aerial View)
(800) 445-8030
www.massdevelopment.com

Merrimack Valley Economic Development Council Incorporated
The Council was created to advance the economic interests of the Merrimack Valley of Massachusetts. It encourages greater communication between the public and private sectors and fosters collaborative efforts between and among communities, leading to sustainable economic growth and prosperity.
1600 Osgood Street, North Andover, MA 01845 (Map & Aerial View)
(978) 975-8787
www.merrimackvalley.info


Northern Middlesex Council of Governments
NMCOG serves as the economic development partner of the Economic Dev. Admin. of the U.S. Dept. of Commerce for the Greater Lowell region. As part of this arrangement, NMCOG develops the 5-year and annual updates for the Comprehensive Economic Development Strategy and provides staff support for the Greater Lowell CEDS Committee.
40 Church Street, Suite 200, Lowell, MA 01852 (Map & Aerial View)
(987) 454-8021
www.nmcog.org/neweconomicdevelopment




Looking to reach Massachusetts manufacturers? Access the Massachusetts Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 5/17/2013. All other stats updated on 5/17/2013. Listings updated on 5/21/2013.

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