2024 Power 100: Eric Busenburg
Photo | Courtesy of Euro-American Worldwide Logistics
Eric Busenburg, president of Euro-American Worldwide Logistics
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Eric Busenburg leads the family business founded in 1966 by his grandfather, Neil Lucey, expanding the focus of the original manufacturing exports company to provide logistics, storage, and global trade compliance services to pharmaceutical and life sciences manufacturers. As the Central Mass. life sciences industry looks to grow, Busenburg and Euro-American provide an important link to the rest of the world.
Busenburg started as a client representative and learned from the ground up.
“Very early in my career, I was lucky enough to be given the opportunity to assist with process improvements, quality audits, and writing standard operational procedures,” he said.
Headquartered on Airport Drive at Worcester Regional Airport, Euro-American can ship by air from either Worcester or Boston Logan International Airport, as well as by sea in Boston and New York, acting as a key hub for companies needing climate-controlled storage and specialty shipping services to ensure the integrity of their products. The business acts as a third-party satellite for clients’ materials management and has worked with clients from other life sciences hubs, including those in California and Canada. In the last year, Busenburg and Euro-American completed a 20,000-square-foot expansion of its existing 45,000-square-foot life sciences warehouse facility, providing a cluster of manufacturers of pharmaceuticals from Worcester to Boston with much-needed space when scaling up production.
The investment is part of a long-term plan begun in 2015 when the company saw revenue decline. After extensive analysis, the company realized the potential of the life sciences sector and immediately began making investments to accommodate. Euro-American obtained the needed certification and ensured regulatory compliance in less than a year, allowing it to attract new long-term customers.
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