Governor Deval Patrick today toured Advanced MFG. Co., Inc. in Westfield, a leading manufacturing company, to discuss the importance of transforming the manufacturing industry to meet the needs of the 21st century economy.
"Advanced MFG. Co. is a testament to how the Commonwealth's traditional industries are adapting to meet the needs of a 21st century global economy," said Governor Patrick. "I thank Advanced MFG. for the continued commitment to strengthening the local economy and training the next generation of workers."
One of the state's premier manufacturing companies, Advanced MFG. Co. was founded in Westfield in 1962 by President and CEO Tony Amanti. For over 50 years, the family-owned company has been providing superior precision machining for the aircraft industry to leading companies such as General Electric, Pratt & Whitney and General Dynamics.
In 2007, the company invested $1.75 million to expand their operations by adding 6,000 square feet to their facility, creating new jobs and retaining their 185 member workforce. In November 2007, the Patrick Administration's Economic Assistance Coordinating Council (EACC) supported the company's expansion by approving it as a certified project, making it eligible to claim up to a 5 percent Economic Development Incentive Program (EDIP) Investment Tax Credit. Additionally, the City of Westfield supported the expansion with a five-year Tax Increment Financing (TIF) Agreement valued at $3,998.
The Patrick Administration is committed to supporting the growth of advanced manufacturing in Massachusetts, an industry that is expected to fill 100,000 jobs in the next decade and offers careers in a sector with an average annual salary of $75,000. In 2011, Governor Patrick created the Advanced Manufacturing Collaborative, a group comprised of leaders from industry, academia and government working together to enhance the competitiveness of Massachusetts manufacturing in 2011. Most recently, the Administration announced four awards totaling more than $1.3 million to support regional programs to train unemployed and underemployed individuals, including veterans, for careers in the state's advanced manufacturing industry.
In November, in recognition of National Manufacturing Day, Governor Patrick announced the MIT-Community College Pilot Project, where the state's community colleges and the Massachusetts Institute of Technology are partnering to develop and implement state-of-the-art online learning and training resources to allow the Commonwealth's community colleges to reach more students and expand lab space for hands-on teaching, an essential component of manufacturing training. By connecting MIT's strength in online learning, simulation and gaming technology with the hands-on classroom instruction at community colleges, the Project will transform how manufacturing education is delivered and enhance and expand the state's ability to train students from high school through college for advanced manufacturing careers. In addition, Governor Patrick announced the second round of funding under the AMP it Up! program, which works to increase awareness among young adults and their families on the opportunities for good jobs and careers in manufacturing.
These latest announcements build on the record investments in workforce training and education made by the Administration in recent years, including the creation of the Advanced Manufacturing Regional Partnership Academy, a first-in-the-nation program designed to meet the manufacturing industry's future workforce needs. The Academy will provide hands-on learning opportunities, and tool and peer-education to regional leaders, helping eliminate one of the industry's chief concerns of finding well-trained employees to fill available jobs in manufacturing. Through the EDIP, the Administration has approved 175 projects, leading to the creation of 12,666 new jobs, the retention of 38,901 jobs, and the leveraging of $4.6 billion in private investment since 2009. During this time, 97 manufacturers received assistance through the program to help expand their businesses in Massachusetts.
For more on the Advanced Manufacturing Collaborative and its work to support the manufacturing industry and workforce, visit www.mass.gov/hed/manufacturing.