Healey-Driscoll Administration Awards $4.45 Million to Expand Advanced Manufacturing, Create Jobs Across Massachusetts

Healey-Driscoll Administration Awards $4.45 Million to Expand Advanced Manufacturing, Create Jobs Across Massachusetts 
Grants will support three high-growth projects, creating 90 new jobs and leveraging more than $52 million in private investment. 

BOSTON - The Healey-Driscoll administration announced $4.45 million in awards to three transformative projects through the Business Builds Capital Grant Program, which supports business expansion, job creation, and investment across Massachusetts. These projects, led by Boston Metal in Woburn, Commonwealth Fusion Systems in Devens, and Urthpact Innovations LLC in Leominster, are expected to create 90 net new jobs and leverage more than $52 million in private investment.  

“Massachusetts is where the technologies of the future get built and where good jobs come with them,” said Governor 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.” 

“Business Builds is about helping communities win, whether that means new jobs in a Gateway City, upgrades to an aging facility, or new life in an underused site,” said Lieutenant Governor Kim Driscoll. “These grants will deliver real benefits for residents in every region.” 

“Massachusetts is competing and leading in the industries that will define the next century,” said Economic Development Secretary Eric Paley. “These grants support companies advancing fusion energy, sustainable manufacturing, and next-generation materials, while creating new jobs statewide. Business Builds helps ensure that as these companies scale, they do it here in Massachusetts” 

Created through the Mass Leads Act and administered by the Massachusetts Office of Business Development (MOBD) within the Executive Office of Economic Development, Business Builds provides strategic grants to businesses relocating to, expanding in, or creating new jobs in Massachusetts. The program advances the Healey-Driscoll Administration’s commitment to increasing Massachusetts’ economic competitiveness while ensuring that public investments deliver meaningful public value. Business Builds also complements existing tools such as the Economic Development Incentive Program to spur job creation, strengthen regional economies, and support capital investments in facilities and equipment. Through Business Builds, EOED aims to attract and retain businesses across Massachusetts, including in Gateway Cities, rural towns, and underutilized or redevelopment areas. 
 

The awarded projects include:  

 

Boston Metal, Woburn - $950,308 
Boston Metal has developed a patented technology that can be used to recover critical metals from mining and industrial waste and produce steel with more than 90 percent reduction in lifecycle carbon dioxide emissions. The company will use the grant to support facility upgrades, which will allow it to recover critical materials at commercial-grade purity and yield while significantly increasing energy efficiency. 

Commonwealth Fusion Systems, Devens – $2.5 million 

Commonwealth Fusion Systems operates a 57-acre commercial fusion energy campus that includes the company’s global headquarters and corporate offices, a manufacturing facility for high temperature superconducting fusion magnets, and the SPARC facility - the world’s first commercially relevant fusion energy machine. The $2.5 million grant award will allow the company to install high energy and high-density battery storage systems and complete construction of the SPARC facility. 

 

Urthpact Innovations LLC, Leominster - $999,692 

Urthpact designs, engineers, and produces sustainable products using renewable resources such as compostable coffee pads, straws, and cutlery. The $999,692 grant award will allow Urthpact to create 75 new jobs and upgrade production lines for straws, cutlery, coffee pods and degassing valves, resulting in the replacement of more than 500 million petroleum-based plastic items per year.