Press Releases

MassEcon Announces Winners of Ninth Annual Team Massachusetts Economic Impact Awards

IPG Photonics, Vecna Technologies, Savage Arms, Acme Packet and Sysco Boston are among winners that are adding jobs and investment from each region of state

WATERTOWN, Mass.--(BUSINESS WIRE)-- MassEcon (The Massachusetts Alliance for Economic Development) today announced its Ninth Annual Team Massachusetts Economic Impact Award winners in preparation for its November 20th Awards Luncheon, which will take place at the Seaport Hotel in Boston. Companies from across the Commonwealth will be recognized for their outstanding contributions to the Massachusetts economy. Over 400 are expected to attend, including featured speaker Governor Deval Patrick.

The winning companies (listed below) were selected after site visits and a reception with their competitors and judges at an afternoon event at the UMass Club with featured guest, Secretary of Housing and Economic Development, Greg Bialecki. The reception enabled senior executives from the companies to present their attributes in the categories of job growth, facility expansion, investment, and community involvement since January 1, 2011. Finalists competed on a regional basis, defined as West, Central, Southeast, Northeast, and Greater Boston.

“The key to our economic recovery is innovation, and these Team Massachusetts Impact Award winners exemplify that innovative spirit,” said Greg Bialecki, the Secretary of Housing and Economic Development. “Continuing to support and grow the innovation economy is one of the central goals of the Patrick-Murray Administration's economic development plan, and we look forward to seeing these companies continue to grow in the future.”

“MassEcon is proud to celebrate these companies for staying and growing here. We appreciate the commitment and investment these companies have made in Massachusetts. It’s especially gratifying to see growth occurring in all regions of the state,” stated Susan Houston, Executive Director of MassEcon.

Aquabotix – Fall River
Boston Heart Diagnostics – Framingham
Pharmalucence - Billerica




Gold: IPG Photonics – Oxford

Gold: Acme Packet - Bedford

Silver: Quiet Logistics – Devens

Silver: Thermo Fisher Scientific - Tewksbury

Bronze: Classic Envelope – Douglas

Bronze: Cabot Corp – Haverhill

Greater Boston


Gold: Vecna Technologies – Cambridge

Gold: Sysco Boston – Plympton

Silver: Pegasystems – Cambridge

Silver: Cheer Pack – W. Bridgewater

Bronze: Brightcove – Boston

Bronze: Lacerta Group – Mansfield


Rising Stars

Gold: Savage Arms – Westfield

Silver: Polymer Corp – Palmer

Bronze: Thing5 – Springfield

Lead sponsors of the event include WPI, Citizens Bank, Cutler Associates, NAI Hunneman, Richards Barry Joyce & Partners, and MassDevelopment.

For more information about the event, email Trina Aitken at

About MassEcon

MassEcon, founded in 1993, is a non-profit partnership of the private and public sectors dedicated to marketing Massachusetts as a competitive location for business. Its services include the state's only Site Finder Service, which helps expanding and relocating companies find appropriate sites throughout the Commonwealth; the Research & Information Service, which provides companies with the information they need to evaluate the Commonwealth as a location to grow; and the Massachusetts Ambassadors, a network of civic and corporate leaders who help market Massachusetts as a place to do business. Through these channels, and in conjunction with state, regional, and local partners, MassEcon has helped facilitate the location of over 250 companies including Bristol-Myers Squibb, Straumann USA, Merck, and American Superconductor.

Susan Houston, 617-924-4600 x 11
Executive Director

Source: The Massachusetts Alliance for Economic Development