Learn more about relocating or expanding to Massachusetts

Massachusetts business climate, manufacturer incentives, and advantages of MA communities

Relocate or Expand to Massachusetts - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Massachusetts business climate, manufacturer incentives, and advantages of MA communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Massachusetts Business Data*

Massachusetts

Population: 6,593,587
Total Labor Force: 3,501,800
Unemployment Rate: 5.6%
Number of Manufacturers: 8,090
Manufacturing Jobs: 358,616
Right to Work: No
Unemp. Ins. Tax: 1.26–12.27%
 
Corporate Income Tax:
8%

Sales Tax:
6.25%. Exemptions include: Sales to manufacturers

Property Tax:
“Ad Valorem” Tax is assessed on real and personal property. Rates vary by county.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
14% Instruments and related products
14% Electronic and other electric equipment
13% Industrial machinery and equipment
10% Printing and publishing
8% Fabricated metal products

Largest Manufacturing Establishments:
(by number of employees)
Lake Region Medical (Wilmington) - 5,000
Raytheon Co. (Andover) - 4,500
GE Aviation (Lynn) - 3,300
Gillette Co., The (South Boston) - 3,000
Biogen Idec, Inc. (Cambridge) - 3,000
Staples, Inc. (Framingham) - 3,000
 
Counties with the Most Manufacturing Jobs:
Middlesex - 138,614
Essex - 53,923
Worcester - 51,198
Bristol - 39,780
Norfolk - 36,328

Cities with the Most Manufacturing Jobs:
Boston - 13,915
Cambridge - 13,820
Wilmington - 13,587
Andover - 11,592
Worcester - 10,710

Manufacturing Related Business Incentives:
• MassDevelopment Equipment Loans
• Brownfields Redevelopment Fund
• Emerging Technology Fund
• MassDevelopment Exporter Financing
• Southeast Regional Loan Fund (SRLF)
• Brownfields Tax Credit Program
• New Markets Tax Credit Program
• Tax Exempt Bonds
• Green Loan Program
• Pre-development Loans
• Small Business Purchasing Program (SBPP)
• Tax Increment Financing (TIF)
• Research & Development Tax Credit
• Investment Tax Credit (ITC)
• Economic Development Incentive Program (EDIP)
• Single Sales Factor (Reduces tax burden for manufacturers)




Looking to reach Massachusetts manufacturers? Access the Massachusetts Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 6/20/2014. All other stats updated on 6/20/2014. Listings updated on 7/29/2014.

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