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100 Worcester Business Journal | Book of Lists 2017 | wbjournal.com The only AAA Four Diamond-rated Hotel in the region Voted Best Hotel for Business Clients and Best Venue for a Business Meeting, Worcester Business Journal Best of Business Award Voted Best Hotel, Telegram and Gazette Best of Central Mass Award 363 Plantation Street, Worcester, MA 01605 Phone: 508.754.5789 | BEECHWOODHOTEL.COM THE LUXURY OF BUSINESS CLASS EVEN AFTER YOU LAND. Eagle Cleaning Corporation 997 Millbury Street, Suite A Worcester, MA 01607 Toll Free: (866) 45.EAGLE Office: (508) 799-0700 Fax: (508) 799-0072 • Nightly Janitorial Service • Day Porter Service • Carpet Shampooing • Window Washing • Stripping and Refinishing Floors • Restroom Sanitation • Post Construction Cleaning • 24 Hour Emergency Service "We provide Superior Cleaning and Restoration for Commercial, Industrial and Institutional accounts. Our corporate office is located in Worcester, MA and we service accounts throughout Massachusetts. At Eagle, we continue to be one of the fastest growing companies in our industry. This is a direct result of our innovation, commitment and dedication to excellence in every building we maintain." — Jeff Johnson, President & CEO COMMERCIAL • INDUSTRIAL • INSTITUTIONAL Services Include: • Nightly Janitorial Service • 24-hr Emergency Service • Office Cleaning Proud Winner of Worcester Business Journal's 2017 Best Of Business • Day Porter Service • Carpet and Upholstery Shampoo • Restroom Sanitation • Stripping and Refinishing Floors • Post Construction Cleaning Eagle Cleaning Corporation 997 Millbury Street, Suite A Worcester, MA 01607 Toll Free: (866) 45.EAGLE Office: (508) 799-0700 Fax: (508) 799-0072 • Nightly Janitorial Service • Day Porter Service • Carpet Shampooing • Window Washing • Stripping and Refinishing Floors • Restroom Sanitation • Post Construction Cleaning • 24 Hour Emergency Service "We provide Superior Cleaning and Restoration for Commercial, Industrial and Institutional accounts. Our corporate office is located in Worcester, MA and we service accounts throughout Massachusetts. At Eagle, we continue to be one of the fastest growing companies in our industry. This is a direct result of our innovation, commitment and dedication to excellence in every building we maintain." — Jeff Johnson, President & CEO COMMERCIAL • INDUSTRIAL • INSTITUTIONAL Services Include: Information is POWER! Did you know our lists are available for download? Our lists can be your lists! • Choose the format that best meets your needs – PDF or Excel • Download any individual list or a combination of lists • Get extended lists not available anywhere else Our Lists are the only comprehensive source for information on the region's companies, executives and industries that drive Central Massachusetts' economy and market. Worcester Business Journal WBJ Questions? Want to be included on a List? Contact Stephanie R. Meagher at smeagher@nebusinessmedia.com. ACCESS THE LISTS TODAY! Order now at wbjournal.com/datacenter wbjournal.com | February 6, 2017 | Worcester Business Journal 15 Top banks Ranked by local deposits as of June 30, 2016 Bank Local deposits/ total deposits Local branches/ U.S. branches Assets/ net income (loss)/ net loans and leases No. of employees Top local executive Year founded 1 Bank of America 365 Main St., Worcester 01608 508-751-8060 • bankofamerica.com $4,736,502,000 $1.2 trillion 40 4,753 $1,659,793,000,000 $14,747,000,000 $884,222,000,000 146,255 Edwin Thomas Shea market president, Central Massachusetts 1904 2 Middlesex Savings Bank 6 Main St., Natick 01760 508-653-0300 • www.middlesexbank.com $2,732,789,000 $3.8 billion 24 31 $4,439,693,000 $22,661,000 $2,814,381,000 503 Michael G. McAuliffe president & CEO 1835 3 TD Bank 370 Main St., Worcester 01608 508-368-6529 • www.tdbank.com $2,480,697,000 $214 billion 27 1,287 $264,527,851,000 $992,044,000 $132,682,160,000 25,177 Mark Crandall regional president, Connecticut/ Massachusetts/Rhode Island 1852 4 Santander Bank 446 Main St., Worcester 01608 508-890-6810 • www.santanderbank.com $2,077,121,000 $58 billion 40 674 $85,473,923,000 $166,578,000 $52,318,011,000 8,818 Scott Powell president & CEO 1907 5 Citizens Bank 34 Main St., Natick 01760 508-653-5100 • www.citizensbank.com $1,892,964,000 $77 billion 31 851 $114,604,518,000 $635,912,000 $84,746,678,000 14,632 Bruce Van Saun chairman & CEO 2005 6 Commerce Bank & Trust Co. 386 Main St., Worcester 01608 508-797-6842 • www.bankatcommerce.com $1,750,100,000 $1.9 billion 14 17 $1,911,894,000 $9,481,000 $1,383,434,000 231 Brian W. Thompson president & CEO 1955 7 UniBank for Savings 24 Gold Star Blvd., Worcester 01605 508-756-0807 • www.unibank.com $1,567,903,000 $1.6 billion 13 13 $1,597,636,000 $7,457,000 $1,088,721,000 257 William M. Mahoney interim president & CEO 1870 8 Avidia Bank 42 Main St., Hudson 01749 978-562-2222 • www.avidiabank.com $921,808,000 $922 million 8 8 $1,342,643,000 $6,413,000 $1,053,273,000 208 Mark R. O'Connell president & CEO 1869 9 Fidelity Bank 9 Leominster Connector, Leominster 01453 978-870-1306 • www.fidelitybankonline.com $666,869,000 $667 million 10 10 $777,779,000 $2,546,000 $604,732,000 144 Edward F. Manzi, Jr. chairman & CEO 1888 10 People's United Bank 120 Front St., Worcester 01608 508-890-5199 • www.peoples.com $579,940,000 $29.1 billion 7 391 $40,278,972,000 $215,256,000 $29,228,338,000 4,984 Patrick J. Sullivan president, Massachusetts 1988 11 MutualOne Bank 828 Concord St., Framingham 01701 508-820-4000 • www.mutualone.com $538,537,000 $539 million 3 3 $696,888,000 $4,962,000 $554,448,000 82 Mark Haranas president & CEO 1889 12 Webster Five Cents Savings Bank 136 Thompson Road, Webster 01570 508-943-9401 • www.web5.com $518,827,000 $519 million 7 7 $745,858,000 $3,494,000 $575,776,000 145 Donald F. Doyle president & CEO 1868 13 Marlborough Savings Bank 81 Granger Blvd., Marlborough 01752 508-481-8300 • www.agreatbank.com $440,604,000 $441 million 7 7 $521,180,000 $1,706,000 $347,564,000 92 Rick Bennett president & CEO 1860 14 SpencerBANK 176 Main St., Spencer 01562 508-885-5313 • www.spencerbankonline.com $427,713,000 $428 million 6 6 $564,197,000 $2,191,000 $487,062,000 84 K. Michael Robbins president & CEO 1871 15 Southbridge Savings Bank 253-257 Main St., Southbridge 01550 508-765-9103 • www.southbridgesavingsbank.com $403,657,000 $404 million 9 9 $543,824,000 $1,436,000 $469,308,000 110 Todd R. Tallman president & CEO 1848 16 Clinton Savings Bank 200 Church St., Clinton 01510 978-365-3700 • www.clintonsavings.com $399,706,000 $400 million 6 6 $522,094,000 $2,288,000 $392,090,000 96 Robert J. Paulhus, Jr. president & CEO 1851 Source: Federal Deposit Insurance Corp. Notes: Local deposits represent deposits at bank locations within Central Massachusetts. Local and total deposits are as of June 30, 2016. Number of employees represents full-time equivalents. Assets, net income, net loans and leases, as well as employee data are for entire bank network as of Sept. 30, 2016. For companies based outside Central Massachusetts, the address listed is a regional headquarters or local office. Branch locations are as of January 2017. First Niagara Bank NA had $21,924,000 local deposits at a branch in Webster as of June 30, 2016. In Oct. 2016, the bank was acquired by KeyBank, and the Webster site permanently closed. - Compiled by: Heide Martin, hmartin@nebsuinessmedia.com Top banks BRINGING HEALTHCARE TO LIFE www.reliantmedicalgroup.org 16-122 WBJ Book of Lists banner ad.indd 1 5/25/2016 4:31:40 PM B A N K I N G & F I N A N C E F O C U S Top banks Ranked by local deposits as of June 30, 2016 Bank Local deposits/ total deposits Local branches/ U.S. branches Assets/ net income (loss)/ net loans and leases No. of employees Top local executive Year founded 1 Bank of America 365 Main St., Worcester 01608 508-751-8060 • bankofamerica.com $4,736,502,000 $1.2 trillion 40 4,753 $1,659,793,000,000 $14,747,000,000 $884,222,000,000 146,255 Edwin Thomas Shea market president, Central Massachusetts 1904 2 Middlesex Savings Bank 6 Main St., Natick 01760 508-653-0300 • www.middlesexbank.com $2,732,789,000 $3.8 billion 24 31 $4,439,693,000 $22,661,000 $2,814,381,000 503 Michael G. McAuliffe president & CEO 1835 3 TD Bank 370 Main St., Worcester 01608 508-368-6529 • www.tdbank.com $2,480,697,000 $214 billion 27 1,287 $264,527,851,000 $992,044,000 $132,682,160,000 25,177 Mark Crandall regional president, Connecticut/ Massachusetts/Rhode Island 1852 4 Santander Bank 446 Main St., Worcester 01608 508-890-6810 • www.santanderbank.com $2,077,121,000 $58 billion 40 674 $85,473,923,000 $166,578,000 $52,318,011,000 8,818 Scott Powell president & CEO 1907 5 Citizens Bank 34 Main St., Natick 01760 508-653-5100 • www.citizensbank.com $1,892,964,000 $77 billion 31 851 $114,604,518,000 $635,912,000 $84,746,678,000 14,632 Bruce Van Saun chairman & CEO 2005 6 Commerce Bank & Trust Co. 386 Main St., Worcester 01608 508-797-6842 • www.bankatcommerce.com $1,750,100,000 $1.9 billion 14 17 $1,911,894,000 $9,481,000 $1,383,434,000 231 Brian W. Thompson president & CEO 1955 7 UniBank for Savings 24 Gold Star Blvd., Worcester 01605 508-756-0807 • www.unibank.com $1,567,903,000 $1.6 billion 13 13 $1,597,636,000 $7,457,000 $1,088,721,000 257 William M. Mahoney interim president & CEO 1870 8 Avidia Bank 42 Main St., Hudson 01749 978-562-2222 • www.avidiabank.com $921,808,000 $922 million 8 8 $1,342,643,000 $6,413,000 $1,053,273,000 208 Mark R. O'Connell president & CEO 1869 9 Fidelity Bank 9 Leominster Connector, Leominster 01453 978-870-1306 • www.fidelitybankonline.com $666,869,000 $667 million 10 10 $777,779,000 $2,546,000 $604,732,000 144 Edward F. Manzi, Jr. chairman & CEO 1888 10 People's United Bank 120 Front St., Worcester 01608 508-890-5199 • www.peoples.com $579,940,000 $29.1 billion 7 391 $40,278,972,000 $215,256,000 $29,228,338,000 4,984 Patrick J. Sullivan president, Massachusetts 1988 11 MutualOne Bank 828 Concord St., Framingham 01701 508-820-4000 • www.mutualone.com $538,537,000 $539 million 3 3 $696,888,000 $4,962,000 $554,448,000 82 Mark Haranas president & CEO 1889 12 Webster Five Cents Savings Bank 136 Thompson Road, Webster 01570 508-943-9401 • www.web5.com $518,827,000 $519 million 7 7 $745,858,000 $3,494,000 $575,776,000 145 Donald F. Doyle president & CEO 1868 13 Marlborough Savings Bank 81 Granger Blvd., Marlborough 01752 508-481-8300 • www.agreatbank.com $440,604,000 $441 million 7 7 $521,180,000 $1,706,000 $347,564,000 92 Rick Bennett president & CEO 1860 14 SpencerBANK 176 Main St., Spencer 01562 508-885-5313 • www.spencerbankonline.com $427,713,000 $428 million 6 6 $564,197,000 $2,191,000 $487,062,000 84 K. Michael Robbins president & CEO 1871 15 Southbridge Savings Bank 253-257 Main St., Southbridge 01550 508-765-9103 • www.southbridgesavingsbank.com $403,657,000 $404 million 9 9 $543,824,000 $1,436,000 $469,308,000 110 Todd R. Tallman president & CEO 1848 Source: Federal Deposit Insurance Corp. Notes: Local deposits represent deposits at bank locations within Central Massachusetts. Local and total deposits are as of June 30, 2016. Number of employees represents full-time equivalents. Assets, net income, net loans and leases, as well as employee data are for entire bank network as of Sept. 30, 2016. For companies based outside Central Massachusetts, the address listed is a regional headquarters or local office. Branch locations are as of January 2017. First Niagara Bank NA had $21,924,000 local deposits at a branch in Webster as of June 30, 2016. In Oct. 2016, the bank was acquired by KeyBank, and the Webster site permanently closed. - Compiled by: Heide Martin, hmartin@nebsuinessmedia.com 20 Worcester Business Journal | April 3, 2017 | wbjournal.com F O C U S M A N U F A C T U R I N G BRINGING HEALTHCARE TO LIFE www.reliantmedicalgroup.org 16-122 WBJ Book of Lists banner ad.indd 1 5/25/2016 4:31:40 PM Largest local manufacturers Ranked by number of local employees as of March Name No. of local employees Annual revenue Description Head of company Year founded 1 Dell Technologies (EMC Corp.) 176 South St., Hopkinton 01748 508-435-1000 • emc.com 9,000 $72,000,000,000 Network storage hardware, software and services Michael Dell chairman & CEO 1979 1 2 IPG Photonics Corp. 50 Old Webster Road, Oxford 01540 508-373-1100 • www.ipgphotonics.com 1,500 $1,006,170,000 Fiber lasers Valentin Gapontsev CEO & founder 1990 2 Waters Corp. 34 Maple St., Milford 01757 508-482-2000 • www.waters.com 1,500 $2,200,000,000 Analytical science technologies Christopher J. O'Connell president & CEO 1958 4 Boston Scientific Corp. 300 Boston Scientific Way, Marlborough 01752 508-683-5670 • www.bostonscientific.com 1,471 $8,386,000,000 Medical devices Michael F. Mahoney president & CEO 1979 5 Saint-Gobain 1 New Bond St., Worcester 01606 508-795-5000 • www.saint-gobain.com 1,429 DND Abrasives, industrial ceramics and plastics Pierre-Andre de Chalendar president & CEO 1885 6 Metso Automation USA Inc. 44 Bowditch Drive, Shrewsbury 01545 508-852-0200 • www.metso.com 1,200 $2,430,000,000 2 Manufacturer serving mining, aggregates, recycling, oil, gas, pulp, paper and process industries John Quinlivan president, Metso Flow Control 1950 7 Bose Corp. The Mountain, Framingham 01701 508-879-7330 • www.bose.com ~1,000 3 $3,500,000,000 Audio and video equipment Bob Maresca president 1964 7 Raytheon Co. 1001 Boston Post Rd. East, Marlborough 01752 508-490-1000 • www.raytheon.com ~1,000 4 $24,069,000,000 Aerospace and defense Thomas A. Kennedy CEO 1922 9 Hologic Inc. 250 Campus Drive, Marlborough 01752 508-263-2900 • www.hologic.com 854 $2,832,700,000 Diversified diagnostic and medical device company Stephen P. MacMillan president & CEO 1987 10 KARL STORZ Endoscopy-America Inc. 5 91 Carpenter Hill Road, Charlton 01507 800-421-0837 • www.karlstorz.com 700 DND Endoscopes, medical instruments and devices Charles Wilhelm president & COO 1989 10 SimplexGrinnell LP 6 16 Brooks St., Worcester 01606 978-731-2500 • www.simplexgrinnell.com 700 $9,902,000,000 Fire alarm, sprinkler, and suppression; integrated security; emergency communications; sound and nurse call systems and services. Robert Chauvin president 1894 10 Tegra Medical 9 Forge Parkway, Franklin 02038 508-541-4200 • www.tegramedical.com 700 DND Precision machining and contract manufacturer of components for medical devices J. Mark King president & CEO 2007 13 Polar Beverages 1001 Southbridge St., Worcester 01610 508-753-4300 • www.polarbev.com 675 $465,000,000 Soft drink maker Ralph D. Crowley CEO & president 1882 14 Bristol-Myers Squibb Co. 38 Jackson Road, Devens 01434 978-784-6001 • www.bms.com 645 $19,427,000,000 Diversified specialty biopharmaceuticals Giovanni Caforio CEO 1858 15 FLEXcon 1 FLEXcon Industrial Park, Spencer 01562 508-885-8200 • www.flexcon.com 629 $300,000,000 Films and adhesives Neil McDonough CEO Lavon Winkler president 1956 16 The L.S. Starrett Co. 121 Crescent St., Athol 01331 978-249-3551 • www.starrett.com 600 $209,685,000 Precision tools Douglas A. Starrett president, CEO & director 1880 17 Nypro, a Jabil Co. 101 Union St., Clinton 01510 978-365-9721 • www.nypro.com 575 DND Plastics Steve Borges executive vice president & CEO Nypro Healthcare 1955 18 Wyman-Gordon Co. 7 244 Worcester Road, North Grafton 01536 508-839-4441 • www.pccforgedproducts.com 555 8 DND Forgings Mark Donegan chairman & CEO 1883 19 Philips Lifeline 111 Lawrence St., Framingham 01701 800-380-3111 • www.lifelinesys.com 544 $23,000,000,000 9 Monitoring systems Frans van Houten president & CEO, Phillips N.V. 1974 20 The Dow Chemical Co. 10 455 Forest St., Marlborough 01752 508-481-7950 • www.dow.com 475 $48,158,000,000 Electronic materials, microelectronic, circuit board, packaging and finishing technologies Andrew Liveris CEO 1897 21 Columbia Tech, a Coghlin Co. 11 27 Otis St., Westborough 01581 508-753-2354 • www.columbiatech.com 400 DND Contract manufacturer to bioscience, energy, defense, digital and molecular imaging, semiconductor and data storage industries Christopher Coghlin president & CEO 1885 12 22 Cognex Corp. 1 Vision Drive, Natick 01760 508-650-3000 • www.cognex.com 376 $521,000,000 Barcode readers and machine system readers manufacturer Robert Willett president & CEO 1981 23 Deluxe Corp. 500 Main St., Groton 01450 978-448-6111 • www.deluxe.com 364 8 $1,849,060,000 Business forms, marketing solutions and services to small businesses and financial institutions Lee Schram CEO 1915 24 Primetals Technologies USA LLC 13 50 Prescott St., Worcester 01605 508-755-6111 • www.primetals.com 354 DND Metals manufacturer Satoru Iijima president & CEO 2015 25 Allegro MicroSystems LLC 115 Northeast Cutoff, Worcester 01606 508-853-5000 • www.allegromicro.com 329 DND Semiconductors Ravi Vig president & COO 1990 26 Quabaug Vibram Innovation LLC (VibramUSA) 18 School St., North Brookfield 01535 508-867-7731 • www.vibram.com 325 DND World's leading supplier of Vibram soles Mike Gionfriddo president 27 Lenze Americas 630 Largest local manufacturers Ranked by number of local employees as of March