Issue link: https://nebusinessmedia.uberflip.com/i/1181010
wbjournal.com | November 4, 2019 | Worcester Business Journal 37 Get the Financing Your Business Needs. To learn more about our Business Banking services call us at 774.402.0301 or email us at bes@saversbank.com. Simply Beter. saversbank.com • 800.649.3036 Member FDIC Member SIF Equal Housing Lender Whether you are looking to finance working capital, buy equipment and inventory or add new products and services, we have the Commercial Loan or Line of Credit that will meet your specific business needs. Worcester County National employment employment Year growth growth Annual growth in manufacturing employment 2009 -11.08% -11.75% 2010 -1.82% -2.73% 2011 -1.56% 1.86% 2012 -2.89% 1.74% 2013 0.45% 0.76% 2014 1.63% 1.35% 2015 1.10% 1.11% 2016 0.91% 0.04% 2017 0.63% 0.90% 2018 1.24% 1.94% Note: Figures are for private manufacturing only Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages efforts – said the robust initiative leverages the state's superior academics and deep, innovative ecosystem in a unique, multifaceted way, joining labs, new ventures, community colleges, state government, vocational high schools and other players to intersect wherever possible. "No other state has a program like this," he said. "We are propelling manu- facturing through these ecosystems and their connectivity." e UMass Lowell Fabric Discovery Center is the first and only site in the nation integrating discoveries from three Manufacturing USA Innovation Institutes, said Moscowitz. M2I2 works with the federal pro- gram, the U.S. Department of Defense and other partners, said Moscowitz, with innovations line with the national Manufacturing USA mission. Federal cost-share dollars pay for Massachusetts projects, in many cases. "We bring companies into these communities, where they can connect and be part of the national community driving the country's technology," he said, giving an example of Billerica's SI2 Technologies winning a U.S. Depart- ment of Defense award to produce M A N U F A C T U R I N G I N D U S T R I E S hypersonic missile antennas last year via the NextFlex Manufacturing Institute. "New York is spending more than we do, but I'm not aware of anyone with a structured program like Massachusetts has," said Moscowitz. FB Workers at Stow communications manu- facturer CPI Radant Technologies Division assemble a radome. PHOTO/CPI RADANT