Businesses and Organizations Located in Devens, Massachusetts: Profile and Economic Contributions for 2016
From the report's key findings:
- As home to a thriving community of high-tech and related businesses, Devens, Massachusetts, is a significant employment center and contributor to the Commonwealth’s high-tech economy. Advanced Manufacturing, Professional Scientific and Technical Services, Wholesale Trade, and Transportation and Warehousing are all strongly represented in Devens.
- In 2016, 4,977 people were employed in Devens, and the economic activities of private firms and nonprofit organizations in Devens support employment of another 5,857 people in Massachusetts.
- An estimated $1.5 billion in direct economic activity by private and nonprofit organizations in Devens supports additional spending of $1 billion in local supply chains for a total contribution of nearly $2.5 billion to the Massachusetts economy in 2016. 2
MassDevelopment manages the 4000-plus acre property. This is the fourth such report the Institute has provided MassDevelopment about Devens.
MassDevelopment is the state’s finance and development agency that works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth.