jueves, 7 de junio de 2012

Some find room to grow even as economy contracts - Boston Business Journal:

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“In certain sectors of the economg it’s hard to find much good news saysGreg Bialecki, the commonwealth’s secretary of housing and economifc development. “But in the life sciences, and IT sectorsx especially, we are seein some good news stories.” So who’s findinbg room to grow in Massachusetts? Waltham-based (NYSE: RTN) recently won a $246 million contractt to provide spare parts and related service for Patriotf missile systems owned by the UnitedArab Emirates. “The resurgence of the Patriotr missilesystem — that has been a driver of locao employment,” said Raytheon spokesman John Kasle.
“We added 200 jobs in and we expect to add another 200this year.” , another tech-basee manufacturer, is expanding by 40,000p square feet as it relocates to 90,0090 square feet in Bedford. Founded in 2002 in response to the governmentg mandate for aviationsecurity screening, the company produces bomb-detection products for the U.S. federal government and internationap airports, and is experiencing tremendous growthu despitethe downturn. “We grew about 20 percent in and (will expand our workforce) by 30 percenty in 2009,” said Michael Ellenbogen, the firm’s president and CEO.
Othetr companies with government contracts that are expandingbinclude L-1 , whicyh is expanding by 90,000 square feet in and , which signed a lease for 63,710 square feet in Last September, (Nasdaq: GENZ) unveiled its new Science Center, a $125 millionj “green” laboratory in Framingham, which will add 350 jobs when at full The biotechnology firm’s revenue increased 21 percenft to $4.
6 billion in and fourth-quarter revenue rose 13 In addition, a $150 million expansion of the company’w cell-culture manufacturing facility in Allston is expected to be completec in 2009 and create approximately 90 new jobs, and a $250 millionn cell culture manufacturing facility is under construction in The 230,000-square-foot site is expectedc to be completed in 2011 and create approximately 300 new Canton-based , the first company to successfully mass producwe living regenerative medicine products, is expanding operations as Organogenesis’ plans include the construction and renovationh of two recently purchased buildings bringing the campus size to a 250,000-square-foo total.
CEO and Presideny Geoff McKay said it will be the largestr cell therapy manufacturing facility in the Organogenesis will more than double its existing workforcr by adding 280new “The skill set of the employeesx in this sector are the least outsource-able,” said “And they live here.” Solar panel makefr was saddled with the costs of operating a plantg in Marlborough and their new facility in where the company is looking to consolidate operations. The seconfd phase of the 450,000-square-foot facility should be fully operationak by summer and will eventually house 800 new according to Evergreen spokespersonChris Lawson.
“We continus to execute as planned, as we are on trac k to reaching our target of approximately 40 megawatts per said Lawson. “We will be positionecd to take advantage of an industry that is poiserd to return to significant growth once the creditmarkets

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