2007 MVEDC Annual Report
Transcription
2007 MVEDC Annual Report
Annual Report 2007 Made in the Merrimack Valley M ERRIMACK VALLEY E CONOMIC DEVELOPMENT C OUNCIL, INC. Mission “…to advance the economic interests of the Merrimack Valley of Massachusetts. The Council encourages greater communication and cooperation between the public and private sectors, and fosters collaborative efforts between and among communities, leading to sustainable economic growth and prosperity for all.” On the Cover Congratulations and thank you to the following companies, represented on this year’s cover, who prove every day that Smart Companies succeed in the Merrimack Valley. Left to right: MVEDC President & CEO Robert J. Halpin, Executive Assistant Mary Cuticchia and General Counsel David A. Tibbetts Getting in Touch If you have questions, suggestions, or would like to become more involved with the MVEDC, please contact: Merrimack Valley Economic Development Council, Inc. Heritage Place 439 South Union Street, Suite 211 Lawrence MA 01843-2800 Tel: (978) 975-8787 Fax: (978) 975-8811 www.merrimackvalley.info -2- Robert J. Halpin, President & CEO 978.975.8787, x 12 rhalpin@mvcouncil.com David A. Tibbetts, General Counsel 978.975.8787, x 11 dtibbetts@mvcouncil.com Mary Cuticchia, Executive Assistant 978.975.8787, x 10 mcuticchia@mvcouncil.com Merrimack Valley Economic Development Council, Inc. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1.Old Newbury Crafters (Amesbury) 2. New Balance (Lawrence) 3.Luminus Devices (Billerica) 4. Lowell’s Boat Shop (Amesbury) 5. Mason & Hamlin (Haverhill) 6. Nexamp (North Andover) 7. Mark Richey Woodworking and Design, Inc. (Newburyport) 8. Konarka (Lowell) 9. Cedar’s Mediterranean Foods, Inc. (Haverhill) 10. NxStage Medical (Lawrence) 11. Zoll (Chelmsford) 12. Raytheon (Andover/Tewksbury) 13. Alden Merrell (Newburyport) 14. Nuvera Fuel Cells (Billerica) Executive Committee 2007-2008 Kendall M. Wallace, Chairman, Lowell Sun Publishing Company (Council Co-Chair) Vincent C. Manzi, Jr., Esq., Manzi and McCann (Council Co-Chair) Robert D. Ansin, Founder & CEO, MassInnovation LLC The Hon. Steven A. Baddour, Massachusetts State Senate Gary Campbell, CEO, Gilbert S. Campbell John Chemaly, President, Trinity E.M.S., Inc. Dr. Carole A. Cowan, President, Middlesex Community College Normand E. Deschene, President, Lowell General Hospital The Hon. James J. Fiorentini, Mayor of Haverhill David J. Gendall, Vice President, National Grid Al Getler, President & Publisher, Eagle-Tribune Publishing Company Orit Goldstein, President, Ozzy Properties, Inc. Dr. David Hartleb, President, Northern Essex Community College The Hon. Thomas A. Golden, Jr., Massachusetts House of Representatives Elkin B. McCallum, Chairman & CEO, Joan Fabrics Corp. The Hon. William M. Manzi, III, Mayor of Methuen The Hon. William F. Martin, Jr., Mayor of Lowell The Hon. Martin T. Meehan, Chancellor, University of Massachusetts/Lowell Thomas J. Minichiello, Jr., President, Minichiello Insurance Agency The Hon. Kevin J. Murphy, Massachusetts House of Representatives Richard D. Murphy, Vice President, KeySpan Energy Delivery New England The Hon. Steven C. Panagiotakos, Massachusetts State Senate James C. Powell, Vice President/Relationship Manager Commercial Lending, TDBanknorth The Hon. Harriett L. Stanley, Massachusetts House of Representatives The Hon. John F. Tierney, Member of Congress The Hon. David M. Torrisi, Massachusetts House of Representatives The Hon. Susan C. Tucker, Massachusetts State Senate Board of Directors Peter Abair, Economic Development Director, Newburyport Sam Ambra, Jr., Sales/Marketing Director, Simply Elegant Catering, Inc. Pedro L. Arce, Principal, Emerging Markets Consulting Rep. Cory Atkins, Massachusetts House of Representatives Peter Aucella, Assistant Superintendent, Lowell National Historical Park Adam Baacke, Assistant City Manager/DPD Director, City of Lowell Deborah A. Belanger, Executive Director, Merrimack Valley Convention & Visitors Bureau Curt T. Bellavance, Director of Community Development, North Andover Joseph J. Bevilacqua, President, Merrimack Valley Chamber of Commerce Rep. Linda Dean Campbell, Massachusetts House of Representatives Frederick T. Carberry, Executive Director, Merrimack Valley Workforce Investment Board Robert Caruso, President, Lowell Five Cent Savings Bank Rosemary Cashman, Town Manager, Tyngsborough Timothy Coco, COCO+CO., Ward Hill Paul Cohen, Town Manager, Chelmsford James J. Cook, Executive Director, Lowell Plan David L. Costello, Managing Partner, ADS Ventures Rep. Michael Costello, Massachusetts House of Representatives David G. Cressman, Town Manager, Tewksbury Charles R. Cullen, President & CEO, The Provident Bank Charles Daher, President, Commonwealth Motors James D’Angelo, Principal, TEC Transportation Stephen Delaney, Town Manager, Georgetown Rep. Brian S. Dempsey, Massachusetts House of Representatives Dalia Diaz, Publisher, Rumbo News Dennis DiZoglio, Executive Director, Merrimack Valley Planning Commission Mark S. DiSalvo, Semaphore USA, Methuen Angela Dushane, Vice President, Commercial Banking, The Savings Bank David Earl, Vice President, Business Development, Venture Technologies, Inc. Scott Emerson, General Manager, Wheelabrator North Andover Sen. Susan C. Fargo, Massachusetts State Senate Joseph W. Fahey, Community Development Director, Amesbury Fred Faust, President, The Edge Group, Lowell Elaine Finbury, President, Rufus Choate Group Rep. Barry R. Finegold, Massachusetts House of Representatives John S. Fouhy, Vice President, Government & Community Relations, Comcast Northern New England Rep. Colleen M. Garry, Massachusetts House of Representatives Pamela Goodman, President, Beacon Communities, LLC Rep. William G. Greene, Massachusetts House of Representatives Rep. Geoffrey D. Hall, Massachusetts House of Representatives Robert B. Hanson, Town Administrator, Pepperell Laurence Harrington, Senior Vice President, Bank of America Neil Harrington, Town Manager, Salisbury Rep. Bradford Hill, Massachusetts House of Representatives Thatcher W. Kezer, III, Mayor of Amesbury James P. Jajuga, President, Greater Haverhill Chamber of Commerce Hooks K. Johnston, Jr, Senior VP (Retired), Smith & Nephew Rep. William Lantigua, Massachusetts House of Representatives Robert A. LaRochelle, President, Andover Strategic Alliances Steven Larochelle, Senior Vice President Commercial Lending, Enterprise Bank and Trust Company Robert W. Lavoie, Esq., Devine, Millimet & Branch Steven Ledoux, Town Manager, Westford David B. L’Heureux, S enior VP & Commercial Regional Executive, Sovereign Bank Rep. Barbara L’Italien, Massachusetts House of Representatives Rocco Longo, Town Manager, Billerica Sal Lupoli, President & CEO, Sal’s Just Pizza Bernard F. Lynch, City Manager, Lowell Sen. James Marzilli, Massachusetts State Senate Paul T. Materazzo, Director of Planning, Andover Julie McConchie, Executive Director, North of Boston Convention & Visitors Bureau Stefanie McCowan, Executive Director, Amesbury Chamber of Commerce & Industrial Foundation Joseph S. McManus, President, Lawrence General Hospital Michelle Hatem Meehan, Executive Director, Boys & Girls Club of Greater Lowell Rep. James R. Miceli, Massachusetts House of Representatives Maria Miles, President, Salisbury Chamber of Commerce John F. Moak, Mayor of Newburyport Rep. David M. Nangle, Massachusetts House of Representatives Barbara O’Neil, Director, Greater Lowell Workforce Investment Board Ann Ormond, President, Greater Newburyport Chamber of Commerce Jeanne Osborn, President, Greater Lowell Chamber of Commerce Christopher Perley, Managing Director, Wyeth BioPharma Dennis Piendak, Town Manager, Dracut William K. Piercey, Chase & Lunt Insurance William Pillsbury, Director of Economic Development, Haverhill Glenn Prezzano, Publisher, Merrimack Valley Magazine Mark Rees, Town Manager, North Andover Christopher Reilly, Economic Development Director, Salisbury Joel Rosen, Esq. Shaw M. Rosen, Chief Operating Officer, MassInnovation, LLC Richard J. Santagati, President, Merrimack College Karen Sawyer, Economic Development Director, Methuen Richard Scanlon, Principal Assessor, Billerica John R. Schneider, Executive Vice President, MassINC Dr. Mahesh C. Sharma, President, Cambridge College Chet Sidell, KGR, Inc., Lawrence Reginald Stapczynski, Town Manager, Andover Christopher Starr, Vice President, WinnDevelopment Michael J. Sullivan, Mayor of Lawrence Michael Sweeney, Director of Planning & Development, Lawrence Sen. Bruce Tarr, Massachusettts State Senate David A. Tibbetts Esq., Smith & Sowalsky William Traynor, Executive Director, Lawrence CommunityWorks, Inc. Stanley J. Usovicz, Regional Director, External Affairs, Verizon David J. Wahr, The C.W. Companies Dennis Warren, President, Merrimack Valley Venture Forum Mark F. Welch, President & CEO, Institution for Savings Leonard A. Wilson, Sovereign Bank Beverly Woods, Executive Director, Northern Middlesex Council of Governments Patricia Zapert, Executive Director, Billerica Plan Annual Report 2007 -3- Co-Chairs’ Message Lowell Population: 105,167 Land Area: 12.78 square miles Median Family Income: $52,938 Median Home Price: $205,000 Average 2007 Single Family Tax Bill: $2,887 Land Use Summary: 26.7% forest, wetlands & open space 0.9% agriculture 48.5% residential 18.6% commercial, industrial & transportation 5.3% water Tyngsborough Population: 11,081 Land Area: 17.86 square miles Median Family Income: 78,680 Median Home Price: $281,775 Average 2007 Single Family Tax Bill: $4,332 Land Use Summary: 57.8% forest, wetlands & open space 3.8% agriculture 26.7% residential 5.1% commercial, industrial & transportation 6.6% water Left to right: MVEDC Co-Chairs Vincent C. Manzi Jr., Manzi & McCann and Kendall M. Wallace, Chairman, Lowell Sun Publishing with MVEDC President & CEO Robert J. Halpin Spring 2008 T he Merrimack Valley Economic Development Council is now in its ninth year of bringing together business, government and community leaders “from Greater Lowell to the sea” with a shared vision and mission: “...to advance the economic interests of the entire Merrimack Valley by fostering greater communication and cooperation between the public and private sectors, and by encouraging collaborative efforts between and among individual communities, leading to sustainable economic growth and prosperity for every community in the Merrimack Valley.” Lawrence Population: 72,043 Land Area: 6.97 square miles Median Family Income: $31,276 Median Home Price: $204,000 Average 2007 Single Family Tax Bill: $2,133 21% forest, wetlands & open space 0.2% agriculture 50.1% residential 28.6% commercial, industrial & transportation 0.1% water -4- The economic challenges facing Massachusetts and the Merrimack Valley economy in the 21st century are complex and daunting. They cannot be addressed effectively by any single community, by any single public official, or by any single business. But these challenges can be addressed successfully by all of those leaders working together. Business and community government leaders throughout the Valley know where to turn for help in addressing complex economic development challenges, because they have seen the results. The Council brings together members of Congress, state officials, business professionals, communitybased organizations and municipal government officials. Individual agendas are set aside and people make the effort to communicate, cooperate and collaborate. The Council is uniquely positioned to provide the forum for such communication, cooperation and collaboration. We look forward to even greater success in the years ahead. Kendall M. Wallace Chairman, Lowell Sun Publishing Merrimack Valley Economic Development Council, Inc. Vincent C. Manzi, Jr. Manzi & McCann President’s Message T he Merrimack Valley Economic Development Council has completed its eighth full year of operation since it began representing the economic interests of the Merrimack Valley through the four “C”s – communication, collaboration, cooperation and coordination. More than 100 public and private sector leaders serve on the Council’s Board of Directors. These leaders have embraced the collaborative approach to economic development challenges and opportunities, and provide a fresh and creative approach to problem solving. Because of their commitment, the Merrimack Valley is better poised than ever to leverage and focus our region’s resources and institutions to overcome challenges and take advantage of opportunities. One project serves as a prime example of the power of improved communication and coordination: the new interchange proposed for Route I-93 in the Andover, Tewksbury and Wilmington area. The so-called “Junction/Route 93 Development Area” is currently the location of more than 6,500 jobs at globally recognized companies such as Wyeth, Procter and Gamble and Charles River Labs. The MVEDC first became involved in this project late in 2001 at the request of the Town of Andover and Wyeth. Because of the inadequacy of existing highway access, Wyeth had endured unacceptable delays in the expansion of its Andover campus, and residents of nearby neighborhoods had been frustrated by increased commuter traffic caused by drivers looking for alternate routes. Finding a solution was complicated by the large number of stakeholders involved: major employers and owners of vacant undeveloped land; the towns of Andover, Tewksbury and Wilmington and the three different regional planning agencies to which they belong; state and federal transportation officials; and elected officials at all levels of government. The collaborative efforts of all of these parties to work together towards ‘win – win’ solutions to decade old problems and challenges was rewarded this year when Massachusetts Governor Deval Patrick announced funding to begin permitting and designing a new interchange from the Junction Development area directly onto Interstate 93. As 2007 came to a close, the construction of this long-awaited interchange was several significant steps closer. The MVEDC will continue to provide the support necessary to keep everyone “at the table” until the interchange becomes a reality. The Environmental Impact Review process, which will begin in early 2008, will require continued cooperation and understanding among the stakeholders. And as the design of the interchange moves forward, the three communities will turn their attention to issues of zoning and permitting for the unified, tri-town development vision which was developed in 2007 in consultation with a leading land use consulting firm. It is a vision that knits together hundreds of acres of new development as a single, sustainable economic development project, rather than three separate, uncoordinated projects in each of the three communities. Westford Population: 20,754 Land Area: 30.61 square miles Median Family Income: 104,029 Median Home Price: $375,000 Average 2007 Single Family Tax Bill: $6,629 Land Use Summary: 56.9% forest, wetlands & open space 3.1% agriculture 31.1% residential 5.9% commercial, industrial & transportation 3.1% water Georgetown Population: 7,377 Land Area:16.55 square miles Median Family Income: $79,649 Median Home Price: $399,900 Average 2007 Single Family Tax Bill: $4,118 Land Use Summary: 65% forest, wetlands & open space 3.1% agriculture 25.9% residential 4.5% commercial, industrial & transportation 1.4% water The Merrimack Valley is fortunate to have such a powerful array of leaders and resources. When those leaders and resources are on the same page, as in the case of the Junction/ Route 93 Development Area, they are even more powerful and achieve goals that had been long unattainable. The Merrimack Valley will be successful in confronting challenges and seizing these types of opportunities only if we recognize the strength that we possess when we are united as a region, and we continue to practice the four “C”s – communication, collaboration, cooperation and coordination. I want to thank all who have supported the Council’s efforts in 2007. Our Co-Chairs Kendall Wallace and Vin Manzi, our Executive Committee and Board of Directors, our sponsors, and all of the individuals who have come to the Council’s table to help us move the Merrimack Valley forward. Sincerely, Robert J. Halpin President & CEO Amesbury Population: 16,542 Land Area: 12.65 square miles Median Family Income: $62,875 Median Home Price: $268,750 Average 2007 Single Family Tax Bill: $5,029 Land Use Summary: 47.9% forest, wetlands & open space 13.2% agriculture 25.8% residential 7.1% commercial, industrial & transportation 5.9% water Annual Report 2007 -5- Saturday Chat: Well worth the wait on this project Kendall Wallace is chairman of Lowell Publishing Co. He has more than 45 years of newspaper experience, starting as a reporter at The Sun in 1959. L OWELL — As co-chairman of the Merrimack Valley Economic Development Council, I have to brag a little bit today about the major step by the Federal Highway Administration this week to give preliminary approval for a new interchange off Interstate 93 that could pave the way for up to 9,000 new jobs for the region and the potential development of an upscale shopping/business mall. I’ve been an optimist all my life, particularly when it involves governments doing the right thing, in the best interest of the majority. Sometimes you need to be patient, and sometimes you need to light a fire under people in the power structure, but eventually things come together. Kendall M. Wallace Chairman, Lowell Sun Publishing Co-founder and Co-Chair, MVEDC Haverhill Population: 58,969 Land Area: 33.33 square miles Median Family Income: $59,772 Median Home Price: $240,000 Average 2007 Single Family Tax Bill: $3,294 Land Use Summary: 49% forest, wetlands & open space 9.9% agriculture 29.6% residential 8.1% commercial, industrial & transportation 3.3% water Newbury Population: 6,717 Land Area: 24.25 square miles Median Family Income: $83,428 Median Home Price: $438,500 Average 2007 Single Family Tax Bill: $4,136 Land Use Summary: 44.8% forest, wetlands & open space 4.7% agriculture 41.2% residential 8.7% commercial, industrial, transportation 0.6% water -6- But this was one project I thought would never get resolved. There just seemed to be too many hurdles. Three towns — Andover, Tewksbury and Wilmington — had to agree to work with one other. Several state agencies had to agree, and ultimately the federal government had to sign off on the project. Whenever you have that many entities involved, each one blames the other and nothing happens. And that has been the case for many years. While a lot of people deserve credit, I’d like to single out the council because it is the agency that kept people at the table and the agency that kept a focus on the huge potential of this project. Dave Tibbetts and Bob Halpin, who were founders and daily managers of the council, deserve most of the credit, but they quickly defer to others such as Sen. Ted Kennedy, Rep. Marty Meehan and, particularly, Sen. Steve Baddour (D-Methuen), who is the state chairman of transportation, and Sen. Sue Tucker, who was trying to solve traffic issues in the towns affected and to seek more economic growth. But they also recognize the entire legislative delegation from Greater Lowell, Lawrence and Haverhill played key roles in this truly regional project. Most members of the delegations also sit on the council board. They also heap praise on the administration of Gov. Deval Patrick, who ultimately jumped into the issue that was ignored for so long by the Gov. Mitt Romney crowd. Nothing disappointed me more than Romney’s pro-business crowd not moving on this project for four years because it didn’t meet all the criteria of their so-called smart growth. As one of the few states losing population and jobs, finding ways to accommodate industrial job growth in Massachusetts should have been a top priority. Lt. Gov. Tim Murray, who understands regional economic issues, jumped in quickly and helped coordinate the state and federal approvals. Unlike the Romney administration, when the Patrick/Murray administration term ends in four years, they will be able to point to the fact they added thousands of jobs for folks in the Merrimack Valley, the only area of the state, by the way, in which Patrick didn’t do well in the election. Great companies including Gillette, Agfa and Charles River Laboratories and most important, Wyeth, are all affected by the interchange. The companies are practically landlocked and without the interchange can’t expand because of access and disruption of neighborhood streets. With the interchange, Wyeth and the others now have the opportunity to grow. Wyeth has a huge investment in Massachusetts and has been very patient in waiting for the government bureaucracy to resolve the issues surrounding the interchange. Hopefully the big step by the federal highway people will now allow them and the other companies to move forward with expansion plans. On a smaller scale, I’ve watched with great pleasure as the city of Lowell worked its way through tough issues and ultimately came together for the common good. That’s sort of what happened on the interchange issue, when all these groups came together on a bigger scale. Ultimately the entire Merrimack Valley will benefit with new jobs available to folks who live in Greater Lowell, Greater Lawrence and Greater Haverhill. So thanks to all who helped, particularly my friends at the Merrimack Valley Council. Kendall Wallace The Lowell Sun, April 21, 2007 Merrimack Valley Economic Development Council, Inc. Works in Progress The Junction@Rte. 93 Interchange A new interchange on Interstate 93 between the Dascomb Road and Route 125 exits would generate millions of dollars in tax revenue and thousands of new jobs for the region, while retaining thousands of existing jobs at valued employers like Wyeth and Gillette/Procter & Gamble. The interchange would open 700 acres in Andover, Wilmington and Tewksbury to industrial, commercial, retail and residential development. The project involves many different stakeholders whose needs and concerns must be addressed. The MVEDC serves as the central point of contact for businesses, employers and The MVEDC continues to serve as the central point of contact for businesses, residents involved with the proposed employers and residents involved in the proposed new interchange on Interstate 93 between the Dascomb Road and Route 125 exits, which would new interchange. MVEDC President generate millions of dollars in tax revenue and create thousands of new jobs. Bob Halpin coordinated and facilitated numerous Tri-town Task Force meetings, and participated in meetings of an I-93 Advisory Committee organized by the EOHED and EOT to coordinate the start of the Environmental Impact Review process, required prior to design and construction of the interchange. The MVEDC also participated in meetings between the Mass. Highway Department and the Federal Highway Administration regional director to coordinate the MEPA process with the continued process by which alternative interchange designs that will be more acceptable to the FHWA are being developed and refined. The Merrimack Valley legislative delegation deserves enormous credit for its unrelenting advocacy for the interchange, which secured a visit from Governor Patrick in September with a $2.4 million grant. The delegation has also indicated that it will include support for the project in any legislation to promote the state’s life sciences industries. Osgood Landing, North Andover The MVEDC continued its efforts to promote the redevelopment of the former Lucent facility at 1600 Osgood Street – now known as Osgood Landing - as a central part of the regional development strategy for the Merrimack Valley. The MVEDC has worked closely with the property owners and the Town of North Andover to bring about the local planning and zoning changes required to fully realize the development potential of the property, consistent with “smart growth” principles. The MVEDC also works closely with Ozzy Properties to market the site as a location for technology-related manufacturing. In June, North Andover Town Meeting approved a “smart growth” rezoning of Osgood Landing, enabling a mixed use development including residences, shops and restaurants, while gaining the Town a $600,000 grant from the state. By the end of 2007, the 1.5 million-square-foot main building was 60 percent occupied, with a diverse range of tenants including defense The MVEDC continued its efforts to promote the redevelopment of Osgood contractor Ophir Optics and renewable Landing – the former Lucent facility at 1600 Osgood Street. By the end of energy company Nexamp. 2007, the 1.5 million square-foot main building was 60 percent occupied, with North Andover Population: 27,202 Land Area: 26.67 square miles Median Family Income: $91,105 Median Home Price: $321,500 Average 2007 Single Family Tax Bill: $5,867 Land Use Summary: 55% forest, wetlands & open space 6.3% agriculture 28.1% residential 6.6% commercial, industrial & transportation 4.1% water Methuen Population: 43,789 Land Area: 22.41 square miles Median Family Income: 59,831 Median Home Price: $260,000 Average 2007 Single Family Tax Bill: $3,219 Land Use Summary: 44.8% forest, wetlands & open space 4.7% agriculture 41.2% residential 8.7% commercial, industrial & transportation 0.6% water Boxford Population: 7,921 Land Area: 23.79 square miles Median Family Income: $119,491 Median Home Price: $560,000 Average 2007 Single Family Tax Bill: $7,423 Land Use Summary: 66.6% forest, wetlands & open space 4.6% agriculture 24.5% residential 1.8% commercial, industrial & transportation 2.7% water a diverse range of tenants. Annual Report 2007 -7- Andover Population: 31,247 Land Area: 31.01 square miles Median Family Income: $104,820 Median Home Price: $475,000 Average 2007 Single Family Tax Bill: $3,962 Land Use Summary: 49.9% forest, wetlands & open space 2.5% agriculture 36.1% residential 8.8% commercial, industrial & transportation 2.7% water Salisbury Population: 7,827 Land Area: 15.43 square miles Median Family Income: 56,327 Median Home Price: $259,000 Average 2007 Single Family Tax Bill: $3,005 Land Use Summary: 70.9% forest, wetlands & open space 5.7% agriculture 16.5% residential 6.8% commercial, industrial & transportation 0% water Groveland Population: 6,038 Land Area: 8.94 square miles Median Family Income: 73,996 Median Home Price: $319,791 Average 2007 Single Family Tax Bill: $4,037 Land Use Summary: 61% forest, wetlands & open space 5.1% agriculture 27.4% residential 3.4% commercial, industrial & transportation 3% water Analytical Industry Initiative The analytical instrumentation industry is one of the largest clusters of technology based employment in Massachusetts. In the northeast region of the state alone, this industry employs approximately 10,000 people. The industry is heavily concentrated in Massachusetts and is growing faster than the national average. The reason, in the words of one of our industry partners, is that cutting edge developers of instruments and tools want to be near the cutting edge users of those instruments and tools. And today that means biotechnology, biopharmaceutical, and life sciences companies with increasingly complex testing, measurement, and process control needs. The Merrimack Valley Economic Former Congressman and now Chancellor of the University of Massachusetts Development Council, with support Lowell spoke to the MVEDC Board of Directors meeting in September, from the University of Massachusetts at emphasizing UMass Lowell’s importance to the economic vitality of the Lowell and the John Adams Innovation Merrimack Valley and outlining his ambitious vision for the University. Institute, worked with a number of industry leaders in Massachusetts, including Wyeth Pharmaceuticals, Millipore, Thermo Scientific and Parexel Consulting, to host a forum on April 11, 2007. Approximately 100 executives from biopharmaceutical and analytical instruments companies in Massachusetts participated in a discussion of the challenges and opportunities of the Quality by Design/Process Analytical Technologies initiative. This initiative seeks to leverage the capabilities of the analytical instrumentation industry – most notably process measurement and control technologies – to better understand the underlying processes in drug production as the key to better managing the quality of production and eliminate waste and inefficiency. The process measurement and control sector considers the Quality by Design movement to be a major driver of growth in its industry globally. Massachusetts has the second highest number of process measurement and control jobs in the United States. This event began a sustained dialogue with the www.massinstrumentation.com instrumentation industry. Life Science Workforce Development Initiative Newburyport Population: 17,189 Land Area: 8.38 square miles Median Family Income: $73,306 Median Home Price: $365,000 Average 2007 Single Family Tax Bill: $4,933 Land Use Summary: 39.6% forest, wetlands & open space 13.2% agriculture 32.6% residential 14% commercial, industrial & transportation 0.6% water The MVEDC has convened a work group consisting of representatives of the University of Massachusetts at Lowell, Cambridge College, Middlesex Community College, Northern Essex Community College, the Greater Lowell Workforce Investment Board, and the Merrimack Valley Workforce Investment Board. The group is evaluating current programs and assets available to meet the workforce development needs of the life sciences industry and preparing a strategy to fill gaps and improve the utilization of those assets by the industry in the Merrimack Valley. Merrimack Valley Creative Economy Initiative The MVEDC, the Cultural Organization of Lowell and the University of Massachusetts Lowell are working together to identify and promote the “Creative Economy” cluster in the Merrimack Valley, with support from the Massachusetts Cultural Council. The kick-off forum took place on November 3, 2007 at the Revolving Museum in Lowell, with more than -8- Merrimack Valley Economic Development Council, Inc. 100 local artists and cultural leaders. A second forum was conducted on January 16, 2008 at Northern Essex Community College’s Haverhill Campus. The “Creative Economy” – made up of both non-profit and commercial organizations, as well as a significant population of individuals engaged in or trained in artistic or cultural fields - is an essential force in maintaining the region’s economic competitiveness in the 21st century. Mass. Medical Device Development Center The MVEDC has played a supporting role in the creation of the new Mass. Medical Device Development Center (M2D2) within the University of Massachusetts system. The president serves on the advisory committee. A collaboration between the UMass Lowell campus and the UMass Medical Center in Worcester, the M2D2 Center figures prominently in the 2008 Life Sciences stimulus legislation. Clean Tech Initiative and Green Chemistry Summit The MVEDC continues to work with the University of Massachusetts at Lowell to advance a Clean Tech and Alternative Fuels Initiative in the Merrimack Valley. Through funding from the Massachusetts Technology Collaborative a successful conference was held at Northern Essex Community College on October 31, 2007, which included industrial leaders, scientists and financiers interested in harnessing the global business opportunities for nontoxic manufacturing through Green Chemistry. Chelmsford Population: 33,858 Land Area: 22.65 square miles Median Family Income: $82,676 Median Home Price: $299,000 Average 2007 Single Family Tax Bill: $3,962 Land Use Summary: 33.5% forest, wetland & open space 3% agriculture 49.4% residential 11.5% commercial, industrial & transportation 2.6% water Merrimac Pictured at the MVEDC’s Annual Meeting in May are MVEDC Co-Founder and Co-Chair Kendall M. Wallace, Chairman, Lowell Sun Publishing; Leslie A. Kirwan, Massachusetts Secretary of Administration and Finance; MVEDC CoFounder and General Counsel David A. Tibbetts and MVEDC Co-Chair Vincent C. Manzi, Jr., Manzi & McCann. The 2007 annual meeting was held at Cross Point Towers in Lowell, and heard a keynote address from Motorola’s Vincent Bisceglia, General Manager, On Demand Solutions. EMD Serono/Town of Billerica – Water Supply EMD Serono operates a biopharmaceutical research center and pilot manufacturing plant in Billerica, on the Burlington line. Because the plant is at the ‘end of the line’ for Billerica’s municipal water supply, it needs a backup source in order to expand. The MVEDC commissioned a study by the engineering firm that has worked with both EMD Serono and the towns of Burlington and Billerica in the past. BSC determined that a cost-effective option would be to secure a second municipal water service from the town of Burlington. The MVEDC is assisting in discussions between Billerica and Burlington to execute this idea. Population: 6,138 Land Area: 8.53 square miles Median Family Income: $69,118 Median Home Price: $299,000 Average 2007 Single Family Tax Bill: $3,962 Land Use Summary: 57.2% forest, wetlands & open space 10.6% agriculture 26.2% residential 4.3% commercial, industrial & transportation 1.7% water Dracut Population: 28,562 Land Area: 20.9 square miles Median Family Income: $66,633 Median Home Price: $224,950 Average 2007 Single Family Tax Bill: $3,206 Land Use Summary: 44.2% forest, wetlands & open space 12.3% agriculture 35.6% residential 5.3% commercial, industrial & transportation 2.7% water Westford Former state Senator Jim Jajuga, (left) now the President of the Greater Haverhill Chamber of Commerce, is joined by State Representative Harriett L. Stanley and MVEDC Treasurer Tom Minichiello, President of Minichiello Insurance Agency in Bradford. Population: 20,754 Land Area: 30.61 square miles Median Family Income: 104,029 Median Home Price: $375,000 Average 2007 Single Family Tax Bill: $6,629 Land Use Summary: 56.9% forest, wetlands & open space 3.1% agriculture 31.1% residential 5.9% commercial, industrial & transportation 3.1% water Annual Report 2007 -9- Marketing the Merrimack Valley Billerica Population: 38,981 Land Area: 25.89 square miles Median Family Income: $72,104 Median Home Price: $313,000 Average 2007 Single Family Tax Bill: $3,873 Land Use Summary: 42.5% forest, wetlands & open space 1.9% agriculture 41.8% residential 11.7% commercial, industrial & transportation 2% water Marketing – BIO 2007 MVEDC participated as a member of the Mass. Business Resource Team at the Biotechnology Industry Organization’s (BIO) Annual Conference, held in Boston from May 6 – 9, 2007. The MVEDC assisted in staffing the Mass. pavilion and making floor calls to life sciences companies located in Massachusetts. The MVEDC sponsored the Mass. Office of International Trade and Investment (MOITI) International Reception immediately prior to opening of BIO. The sponsorship put the Merrimack Valley in front of more than 100 international life sciences companies and service providers. During the course of BIO 2007, MVEDC President Bob Halpin made floor calls to approximately 25 companies. Marketing – Massachusetts Alliance for Economic Development The MVEDC was a sponsor of the Massachusetts Alliance for Economic Development’s “Team Massachusetts” Economic Impact Awards luncheon on November 22, 2007. Ten companies, one established company and one emerging company from each region of the state, were honored. Billericabased Millipore was selected for the honor in northeast Massachusetts. Marketing – MAED - Priority Development Sites Tewksbury Population: 28,851 Land Area: 20.72 square miles Median Family Income: 76,443 Median Home Price: $298,750 Average 2007 Single Family Tax Bill: $3,850 Land Use Summary: 47.3% forest, wetlands & open space 3.5% agriculture 39.3% residential 8.5% commercial, industrial & transportation 1.4% water The Mass. Alliance for Economic Development (MAED) retained a site-selector consulting firm to develop a state-wide marketing program for “Priority Development Sites.” The MVEDC organized a roundtable forum of economic development professionals from the Merrimack Valley to meet with the consultant and assist him in developing the marketing profile for the Merrimack Valley. Marketing – CORENET Billerica-based Millipore Corporation received the Team Massachusetts Economic Impact award for Northeast The MVEDC participated for the first time in Massachusetts in November 2007. Left to right: Massachusetts the fall CoreNet Global Summit in Atlanta, GA. Alliance for Economic Development (MAED) Executive Director CoreNet Global is the world’s leading professional Susan Houston; MAED Chairman Michael DiGiano; Millipore CEO Dr. Martin Madaus; Massachusetts Secretary of Housing and Economic association for corporate real estate and workplace executives serving leading multinational companies Development Daniel O’Connell. from the Fortune and Global 1000. More than 7,000 members manage more than $1.2 trillion in real estate and workplace assets in Asia, Australia, Europe, Latin America and North America. Dunstable Population:2,829 Land Area:16.74 square miles Median Family Income: $92,270 Median Home Price: $413,000 Average 2007 Single Family Tax Bill: $5,344 Land Use Summary: 73% forest, wetlands & open space 10.5% agriculture, 14.2% residential 0.8% commercial, industrial & transportation 1.5% water - 10 - Marketing – MassMEDIC and Mass. Biotech. Council To enhance the visibility of the Merrimack Valley and promote it as a business location for life sciences companies, the MVEDC will once again join in sponsoring a portion of the annual meetings for the Mass. Medical Device Industry Council and the Mass. Biotechnology Council in the spring of 2008. Marketing – North of Boston Business Plan Competition The MVEDC has partnered with the Enterprise Center of Salem State College to expand the North of Boston Business Plan Competition in to the Merrimack Valley. The MVEDC worked closely with the University of Massachusetts at Lowell and the Merrimack Valley Venture Forum to publicize and increase participation in this effort. The winning business plan will be announced in May 2008. Merrimack Valley Economic Development Council, Inc. Pepperell Marketing – Web site and e-Newsletter Web site: www.MerrimackValley.info The MVEDC continues to improve the design and content of its Web site: www.merrimackvalley.info. The Web site has become a focal point for information on economic development efforts and opportunities, as well as on arts and cultural events in the Merrimack Valley. The MVEDC’s goal for the Web site is for it to be a useful source of information for any individual or any business seeking information about what the Merrimack Valley has to offer. The MVEDC retained COCO+CO. to reconstruct and redesign the existing Web site, making it easier for companies and individuals to obtain information about all that the Merrimack Valley has to offer. The new Web site will be online by May 2008. The MVEDC continues to promote the highly successful online ticketing Web site, www.mvarts. info, and continues to conduct a marketing effort to improve awareness of the site and brand the Merrimack Valley as the home of quality arts destinations North of Boston. The MVEDC continues to publish a weekly electronic newsletter, “Merrimack Valley happenings …” distributed via e-mail to more than 700 recipients, including the Council’s full Board of Directors, as well as to key business, government and community leaders both in the Merrimack Valley and across the state. “Merrimack Valley happenings …” contains news about companies in the Merrimack Valley, the region’s colleges and universities, and business Merrimack Valley happenings... organizations. It also offers an extensive list of arts, cultural and recreational events. Population: 11,142 Land Area: 22.56 square miles Median Family Income: 73,967 Median Home Price: $286,825 Average 2007 Single Family Tax Bill: $3,486 Land Use Summary: 58.7% forest, wetlands & open space 13.9% agriculture 22.8% residential 1.8% commercial, industrial & transportation 2.7% water Rowley Population: 5,500 Land Area: 18.72 square miles Median Family Income: $75,527 Median Home Price: $354,000 Average 2007 Single Family Tax Bill: $4,425 Land Use Summary: 74.1% forest, wetlands & open space 7.2% agriculture 15.6% residential 2.4% commercial, industrial & transportation 0.7% water Excerpts from Merrimack Valley Promotional Video “We watch the marketplace carefully. If trends change, we adapt to those trends.” Carole Cowan President Middlesex Community College “We offer (employers) customized education and training, which can consist of an afternoon, a full semester to a full year.” David Hartleb President Northern Essex Community College West Newbury Population: 4,149 Land Area: 13.52 square miles Median Family Income: 99,050 Median Home Price: $457,500 Average 2007 Single Family Tax Bill: $6,068 Land Use Summary: 55.5% forest, wetlands & open space 19.7% agriculture 21.3% residential 0.5% commercial, industrial & transportation 3% water Annual Report 2007 - 11 - Thank You! The Merrimack Valley Economic Development Council, Inc. Thanks its Major Sponsors for Calendar Year 2007 Platinum Sponsors $25,000+ Commonwealth of Massachusetts Gold Sponsors $10,000+ Silver Sponsors $5,000+ Bronze Sponsors $2,500 to $4,999 Lawrence General Hospital COCO+CO. Wyeth BioPharma Citizens Bank Institution for Savings The Savings Bank The Provident Bank Trinity EMS Friend $1,000 to $2,499 Beacon Communities Development, LLC Fred C. Church Insurance RiverBank CW Companies Gilbert Campbell/Builder-Realtor TEC, Inc. M ERRIMACK VALLEY E CONOMIC DEVELOPMENT C OUNCIL, INC. Merrimack Valley Economic Development Council, Inc. Heritage Place 439 South Union Street, Suite 211 Lawrence MA 01843-2800 Tel: (978) 975-8787 Fax: (978) 975-8811 www.merrimackvalley.info
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