Worcester Business Journal Special Editions

www.wbjournal.com Book Of Lists 2016 • Worcester Business Journal 101 Central Mass. 100 Top employers ranked by number of Central Massachusetts employees Employer Local employees/ statewide/ worldwide Revenue Industry Top executive Year founded Company footnotes 1 UMass Memorial Health Care Inc. 306 Belmont St., Worcester 01604 508-334-0496 • www.umassmemorialhealthcare.org 13,473 13,473 13,473 NA Health care Eric Dickson 1998 Employee data cover the four Central Mass. hospitals that are part of the system: UMass Memorial Medical Center, Marlborough Hospital, Clinton Hospital and HealthAlliance Hospital. 2 EMC Corp. 176 South St., Hopkinton 01748 508-435-1000 • www.emc.com 9,000 9,000 70,000 $24 billion Network storage hardware, software and services Joseph M. Tucci 1979 The acquisition by Texas- based Dell Inc. received Federal Trade Commission approval on Feb. 22, 2016; shareholder vote pending; combined company would be private and led by current chairman and CEO of Dell Inc., Michael Dell. 3 Staples Inc. 500 Staples Drive, Framingham 01702 508-253-5000 • www.staples.com ~5,000 NA 42,554 $21 billion Office supplies Shira Goodman 1986 Ronald Sargent stepped down as CEO on June 14, 2016; local employee figure falls within a range of 5,000-9,999 according to data published by the Executive Office of Labor and Workforce Development. 4 University of Massachusetts Medical School 55 Lake Ave. North, Worcester 01655 508-856-8989 • www.umassmed.edu 4,741 6,056 6,083 $774 million Medical school Michael F. Collins 1962 Number of employees in Central Mass. was updated since this list's latest printing on May 23, 2016. 5 The TJX Cos. Inc. 770 Cochituate Road, Framingham 01701 508-390-1000 • www.tjx.com 3,536 14,277 216,000 $30.9 billion Retail Ernie Herrman 1976 6 Walmart 702 SW 8th St., Bentonville, AR 72716 479-273-4000 • www.walmart.com 3,000 11,940 2,200,000 $482.1 billion Retail Doug McMillon 1962 7 Reliant Medical Group 630 Plantation St., Worcester 01605 508-852-0600 • www.reliantmedicalgroup.org 2,600 2,600 2,600 $670 million Health care Tarek Elsawy 1929 8 Stop & Shop New England Division 1385 Hancock St., Quincy 02169 800-767-7772 • www.stopandshop.com 2,313 21,000 227,000 NA Grocery retailer Mark McGowan 1914 $10.4 billion acquisition of Hannaford Supermarkets (Delhaize) by Stop & Shop's parent company, Royal Ahold NV, pending. 9 MetroWest Medical Center 115 Lincoln St., Framingham 01702 508-383-1000 • www.mwmc.com 2,300 NA NA NA Hospital Barbara Doyle 1992 Address for Framingham Union Hospital. MetroWest Medical Center includes one other campus at Leonard Morse Hospital in Natick. 10 Saint Vincent Hospital 123 Summer St., Worcester 01608 508-363-5000 • www.stvincenthospital.com 2,269 NA NA NA Hospital Steven MacLauchlan 1893 11 Shaw's Supermarkets 750 W. Center St., West Bridgewater 02379 508-313-4000 • www.shaws.com 2,101 10,714 19,079 NA Retail grocery Paul Gossett 1860 12 MathWorks 3 Apple Hill Drive, Natick 01760 508-647-7000 • www.mathworks.com 2,100 2,100 3,500 $800 million Software Jack Little 1984 13 MAPFRE USA 211 Main St., Webster 01570 508-943-9000 • www.mapfreinsurance.com 2,050 2,050 38,405 NA Insurance Jaime Tamayo 1972 14 Genzyme Corp. 200 Staples Drive, Framingham 01702 508-271-2080 • www.genzyme.com 2,000 5,000 12,000 $4.14 billion Biotechnology company David Meeker 1981 15 Milford Regional Medical Center 14 Prospect St., Milford 01757 508-473-1190 • www.milfordregional.org 1,853 NA NA $250 million Hospital Edward J. Kelly 1903 16 The Hanover Insurance Group Inc. 440 Lincoln St., Worcester 01653 508-855-1000 • www.hanover.com 1,850 1,900 4,800 $5 billion Property & casualty insurer Frederick H. Eppinger 1852 Joseph M. Zubretsky will take over as president and CEO in June 2016. 17 CVS Health 1 CVS Drive, Woonsocket, RI 02895 401-765-1500 • www.cvshealth.com 1,800 11,000 243,000 $153.3 billion Retail & health care Larry Merlo 1963 18 Price Chopper Market 32 461 Nott St., Schenectady, NY 12308 1,706 2,531 $3.48 billion Retail grocery Scott Grimmett 1932 63 84 Waterford Drive, Marlborough 01752 508-481-6700 • www.sunovion.com 579 1,500 64 Framingham State University 100 State St., Framingham 01701 508-620-1220 • www.framingham.edu 576 576 576 $126.7 million University F. Javier Cevallos 1839 65 The L.S. Starrett Co. 121 Crescent St., Athol 01331 978-249-3551 • www.starrett.com 570 570 1,725 $241.6 million Tools Douglas A. Starrett 1880 66 YMCA of Central Massachusetts 766 Main St., Worcester 01610 508-755-6101 • ymcaofcm.org 567 NA NA $16 million Human services Kathryn Zingg Hunter 1864 Headcount increases by approximately 125 during the summer months. 67 Bristol-Myers Squibb Co. 38 Jackson Road, Devens 01434 978-784-6001 • www.bms.com 565 NA 25,000 $16.6 billion Diversified specialty biopharmaceuticals Giovanni Caforio 1858 68 Middlesex Savings Bank 6 Main St., Natick 01760 508-653-0300 • www.middlesexbank.com 560 560 560 $25 - $30 million Bank Michael G. McAuliffe 1835 69 Wyman-Gordon Co. 244 Worcester Road, North Grafton 01536 508-839-4441 • www.wymangordon- grafton.com 555 555 30,500 $10 billion Forgings Mark Donegan 1883 Precision Castparts Corp., the parent of Wyman-Gordon Co., was acquired by Berkshire Hathaway Inc. on Jan. 29, 2016 for $37.2 billion; worldwide employee and revenue figures for Precision Castparts Corp. 70 The Bridge of Central Massachusetts Inc. 4 Mann St., Worcester 01602 508-755-0333 • thebridgecm.org 550 600 600 $30.5 million Human services Kenneth J. Bates 1973 71 Garelick Farms Inc. 1199 W. Central St., Franklin 02038 508-528-9000 • www.garelickfarms.com 547 982 1,600 $8.1 billion Dairy products Gregg Tanner 1931 Employee data from 2015; revenue is net sales for parent company Dean Foods. 72 Fitchburg State University 160 Pearl St., Fitchburg 01420 978-665-3000 • www.fitchburgstate.edu 546 546 546 $94.7 million University Richard S. Lapidus 1894 73 AA Transportation Co. Inc. 605 Hartford Turnpike, Shrewsbury 01545 508-791-9100 • www.aatransportation.com 502 502 502 $25 million Transportation Ron E. Ernenwein 1996 74 Cummings School of Veterinary Medicine, Tufts University 200 Westboro Road, North Grafton 01536 508-839-5302 • vet.tufts.edu 501 NA NA NA Veterinary school Deborah T. Kochevar 1978 Data are from 2015. 75 Babcock Power Services 5 Neponset St., Worcester 01606 508-852-7100 • www.babcockpower.com ~500 NA NA NA Power generation Edward Dean 1913 Local employee figure falls within a range of 500-999 according to data published by the Executive Office of Labor and Workforce Development. 75 Metso Automation USA Inc. 44 Bowditch Drive, Shrewsbury 01545 508-852-0200 • www.metso.com ~500 NA 12,375 3 billion EUR $2.81 billion Manufacturing Matti Kahkonen 1954 Local employee figure falls within a range of 500-999 according to data published by the Executive Office of Labor and Workforce Development; conversion of revenue into dollars by the 2015 yearly average exchange rate of .937 used by the IRS. 75 Philips Lifeline 111 Lawrence St., Framingham 01701 800-380-3111 • www.lifelinesys.com ~500 NA 114,021 24.2 billion EUR $22.7 billion Monitoring systems Frans van Houten 1974 Local employee figure falls within a range of 500-999 according to data published by the Executive Office of Labor and Workforce Development; conversion of revenue into dollars by the 2015 yearly average exchange rate of .937 used by the IRS. 75 St. Patrick's Manor 863 Central St., Framingham 01701 508-879-8000 • www.stpatricksmanor.org ~500 NA NA $29.1 million Skilled nursing, rehabilitation & memory care Maureen McDonough 1953 Local employee figure falls within a range of 500-999 according to data published by the Executive Office of Labor and Workforce Development; revenue taken from FY 2014 Form 990. 75 Worcester Telegram & Gazette 100 Front St., Worcester 01615 508-793-9100 • www.telegram.com ~500 NA NA NA News Paul Provost 1866 Local employee figure falls within a range of 500-999 according to data published by the Executive Office of Labor and Workforce Development. 80 AdCare Hospital of Worcester Inc. 107 Lincoln St., Worcester 01605 508-799-9000 • www.adcare.com 464 NA NA NA Specialty hospital David W. Hillis 1947 81 Nashoba Valley Medical Center, a Steward Health Care Hospital 200 Groton Road, Ayer 01432 978-784-9000 • www.nashobamed.org 461 461 461 $49.2 million Hospital Salvatore Perla 1964 Employee data from February 2015; revenue from Mass. Center for Health Information and Analysis (CHIA) for FY 2014 82 R H White Cos. 41 Central St., Auburn 01501 508-832-3295 • www.rhwhite.com 460 460 575 $124 million General contractor David H. White 1923 83 Citizens Bank 420 NA Bank Bruce Van Saun 1828 Local employee count is an Massachusetts is definitely in a prolonged growth period and that has not changed," said Elizabeth Steele, MassBio's economic development director. "Central Massachusetts and Worcester are growing clusters, too. As of our last snapshot, there were over 30 biotech companies in Worcester alone." Developing the culture Kevin O'Sullivan, president and CEO of Massachusetts Biomedical Initiatives, which operates an incubator for seed-stage biotech companies at Gateway Park in Worcester, said the area is a breeding ground for startups. That's partly because of the presence of larger biotech employers, as well as institutions like Worcester Polytechnic Institute and UMass Medical School. O'Sullivan said the most successful entrepreneurs tend to work for a large firm for a few years after college, learning about business strategies and markets, before striking out on their own. "Those guys came out of Pfizer," he said. "They understood the market for protein synthesis." Part of the state's strength for biotech companies comes from the industry corridor running from Greater Boston to Worcester, O'Sullivan said. Cambridge remains a world center for biotech science, but companies that want to avoid that city's high costs and traffic can still find a place nearby with a highly educated workforce. Marlborough, which is home to a number of companies including the new GE Healthcare Life Sciences headquarters, is a particular success story, O'Sullivan said Among Marlborough's employers in the industry is Sunovion Pharmaceuticals Inc., which has grown its headcount in the region more than 15 percent, to 579, over the past year. That represents more than a third of the total workforce for the company, which specializes in drugs to help people with central nervous system and respiratory illnesses. - Livia Gershon Kevin O'Sullivan, president and CEO of Massachusetts Biomedical Initiatives Continued from previous page

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