Healey admin announces $4.45M manufacturing investment to create 90 jobs

Three manufacturing projects will receive $4.45 million in state funding, an award expected to create 90 jobs across Massachusetts towns, the Healey-Driscoll administration announced Wednesday.

“Massachusetts is where the technologies of the future get built and where good jobs come with them,” said Gov. Maura Healey. “These Business Builds awards will help companies expand and modernize their facilities and create jobs while keeping Massachusetts competitive in the industries driving the next generation of economic growth.”

Boston Metal in Woburn, Commonwealth Fusion Systems in Devens, and Urthpact Innovations LLC in Leominster will each receive state funding through the Business Builds Capital Grant Program for facilities’ construction and upgrades, according to state officials.

The round of grants are expected to spur $52 million in private investment and create 90 net new jobs.

The Business Builds grant program was launched by the administration in December with the stated purpose to “support business expansion, job creation, and climate-friendly investment across Massachusetts,” with the first deadline for grants passing on Feb. 4.

The grants are aimed to “attract and retain businesses across Massachusetts, including in Gateway Cities, rural towns, and underutilized or redevelopment areas.”

The $4.45 million round of awards comes as some critics have raised concerns about business closures in the state, including a recent announcement from a Smithfield Packaged Meats facility in Springfield.

Of the Business Builds awards, Economic Development Secretary Eric Paley said Massachusetts is leading in “industries that will define the next century.”

“These grants support companies advancing fusion energy, sustainable manufacturing, and next-generation materials, while creating new jobs statewide,” said Paley. “Business Builds helps ensure that as these companies scale, they do it here in Massachusetts.”

Commonwealth Fusion Systems will receive the largest grant at $2.5 million, the state said, allowing the company to “install high energy and high-density battery storage systems and complete construction of the SPARC facility,” set to be the first commercially relevant fusion energy machine in the world.

With the SPARC facility, the Devens company operates a 57-acre commercial fusion energy campus including the global headquarters and a facility to manufacture high temperature superconducting fusion magnets.

Urthpact Innovations, which designs and makes sustainable products like compostable straws and cutlery, will receive $999,692. The award, the state said, will allow the company to create 75 new jobs and upgrade certain production lines, replacing “more than 500 million petroleum-based plastic items per year.”

Woburn-based Boston Metal will receive $950,308 for facility upgrades allowing for the recovery of minerals at “commercial-grade purity” and greater energy efficiency, the release stated. The company currently recovers metals from mining and industrial waste, along with producing steel “with more than 90 percent reduction in lifecycle carbon dioxide emissions.”