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Central Massachusetts businesses in Worcester, Natick, and Hudson are among those benefiting from a Gov. Maura Healey Administration grant injecting $3.14 million into the state’s manufacturing industry.
United Stretch Design in Hudson, Busek in Natick and Kinefac Corp in Worcester each received $200,000 from the Massachusetts Manufacturing Accelerate Program, a project seeking to help small to mid-sized manufacturers in the state have access to new supply chain connections, opportunities, and growth.
In total, 17 new grantees across the state were awarded funds from the program run by the Center for Advanced Manufacturing at MassTech Collaborative, a Westborough-based public agency that seeks to support the state’s manufacturing sector.
Busek, a company manufacturing hardware used by spacecraft, will utilize the funds to purchase additional equipment, including a 3D printer and a precision coordinate measuring machine used to inspect parts.
United Stretch Design, a manufacturer of elastics used in the textile industry, will use its $200,000 grant to purchase new bobbin winding and braiding machines, allowing it to create higher quality products at a greater capacity.
Kinefac Corp., a firm that specializes in precision metal forming and processing technology, will use its grant to buy a new large format thread grinder that will replace antiquated equipment, increasing reliability and improving precision in the process.
“These grants will continue to improve manufacturing production and are a recognition that manufacturing contributes significantly to the state’s economy and plays a vital role in driving innovation and technological advancements,” State Rep. Jeffrey Roy (D-Franklin,) House chair of the legislature’s manufacturing caucus, said in a Monday release announcing the grants. “Manufacturing provides high paying jobs for the residents of the Commonwealth and these grants will further the focus on innovation and sustainability, with companies investing in research and development to create new products and processes that reduce waste, conserve resources, and improve energy efficiency.”
Busek, United Stretch, and Kinefac each expect one to three employees to be upskilled as a result of these purchases.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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