Quick Summary
• Massachusetts is making a major bet on industrial 3D printing. As part of a new $52 million package of state tax credits to support business expansion, the Massachusetts Economic Assistance...
Additional Context
Massachusetts is making a major bet on industrial 3D printing. As part of a new $52 million package of state tax credits to support business expansion, the Massachusetts Economic Assistance Coordinating Council awarded more than $21.2 million to metal additive manufacturing (AM) company VulcanForms. The incentives will support the company’s plans to build a manufacturing facility of up to one million square feet in Devens, Massachusetts, where it expects to create 1,063 new jobs.
It was the largest award approved in this funding round, which included 11 business expansion projects across the state. That is what makes this announcement stand out. Massachusetts is not funding another research project or pilot program. It is investing in large-scale manufacturing built around metal 3D printi