Westborough added 710 jobs in 2016
GE Healthcare Life Sciences announced a $7 million expansion of its Westborough facility. The company's Marlborough facility is pictured here.
During its annual year in review event, the Westborough Economic Development Committee detailed the community’s gains in the past year that include the addition of 710 jobs.
The annual meeting on Monday was attended by more than 160 business people, elected officials and municipal officials. At the meeting, the growth of Westborough in the last year was detailed. That includes 710 new jobs added since January, according to a release, as well as the retention of over 1,800 jobs in the town, as a direct result of EDC outreach.
According to Westborough EDC Chairman Deborah Penta, CEO of PENTA Communications, the EDC has contributed to 540,377 square feet of expansion in the last year as well that is contributing $9.6 million to the town’s tax base.
“Westborough has become a sought-after hot spot for companies to move, grow, incubate and succeed,” Penta said in a statement. “In addition, over 750,000 square feet of commercial space has been retained, which is equal to $13,448,478 in collected tax revenue.”
Lt. Governor Karyn Polito, who attended the event, characterized the organization as understanding what it takes to keep and attract businesses to the community.
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