Devens

🔒Boston firm spends $15M for Ayer warehouse leased by Commonwealth Fusion

The building sits on a 5.35-acre site and was constructed in 1971. It features 15 docks and one drive-in bay. 

MassDevelopment taps former Fletcher Tilton executive to lead Devens efforts

The former executive director of Worcester law firm Fletcher Tilton and the Massachusetts State Lottery has been...

🔒The $575M idea: VulcanForms expands as Devens firm works to streamline U.S. manufacturing

Since launching VulcanForms in 2015, Hart and the Devens-based manufacturer’s leaders have raised $575 million through six funding rounds, including $220 million from two venture capital firms in January.

🔒Jabil to shutter Clinton facility after 60% companywide workforce reduction

Jabil is closing operations at its Clinton facility this year, marking the end to what has been decades of significant employment in the region.
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🔒American Eagle Outfitters to close Devens fulfillment center, lay off 100+ employees

AE Regional Distribution Co., a subsidiary of apparel company American Eagle Outfitters, is closing its Devens fulfillment facility, laying off 103 employees in the process.

🔒Devens manufacturer raises $220M, including from Trump Jr.’s VC firm

VulcanForms, a Devens-based metal manufacturing company, has secured its second-largest funding round to date, raising $220 million to expand the company’s manufacturing facilities. 

Following shutdown attempt, Job Corps in Devens calls for new applicants

The center is actively enrolling students ages 16-24 seeking technical skills training across a variety of fields.

🔒Commonwealth Fusion teams with world’s most valuable company to use AI to advance fusion tech

CFS says the use of this digital twin will help accelerate its efforts to commercialize fusion energy, the same source of energy powering the sun. 
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🔒Devens seeks developers to build on 69 acres

The MassDevelopment request for proposals seeks to build on the regional enterprise zone’s growth through the development of two separate sites for residential uses.

Devens firm meets with DOE to accelerate fusion energy development

Devens-based Commonwealth Fusion Systems and other fusion-focused firms have met with U.S. Department of Energy leadership to...
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