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Expand or Relocate to Massachusetts
      

Massachusetts Business Data

Relocate or Expand to Massachusetts

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

Business Data for Massachusetts


Population
6,593,587

Total Labor Force
3,669,704

Unemployment Rate
3.9%

# Manufacturers
7,188

Manufacturing Jobs
338,481

Right to Work
No

Unemp. Insurance Tax
1.26–12.27%


Manufacturing stats updated on 11/13/2017. All other data updated on 11/13/2017. IndustryNet is not responsible for errors or omissions.
 
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 Mfg. Industries
(by # of employees)
15% Industrial machinery and equipment
13% Electronic and other electric equipment
13% Instruments and related products
10% Printing and publishing
8% Chemicals and allied products

Largest Mfg. Employers
(by # of employees)
Dell EMC (Hopkinton) - 10,000
Raytheon Co. (Andover) - 4,000
Biogen, Inc. (Cambridge) - 3,000
Gillette Co., The (South Boston) - 3,000
EBSCO Information Technologies, Inc. (Ipswich) - 3,000
Staples, Inc. (Framingham) - 3,000
 
Counties with the Most Mfg. Jobs
Middlesex - 137,893
Essex - 52,035
Worcester - 50,087
Bristol - 35,717
Norfolk - 35,601

Cities with the Most Mfg. Jobs
Boston - 16,392
Andover - 12,722
Cambridge - 12,248
Waltham - 11,456
Hopkinton - 11,280

Mfg. 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)

Economic development agencies, chambers of commerce, and other organizations & businesses available to assist with your relocation to or from Massachusetts

Topeka, KS
Striving to recruit new business & help companies expand in Kansas
Are you an economic development agency, chamber of commerce, or other organization in the business of helping companies relocate or expand? List your organization here and connect with growing businesses!
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