| 
  • If you are citizen of an European Union member nation, you may not use this service unless you are at least 16 years old.

  • You already know Dokkio is an AI-powered assistant to organize & manage your digital files & messages. Very soon, Dokkio will support Outlook as well as One Drive. Check it out today!

View
 

02-03-2003

Page history last edited by PBworks 17 years, 1 month ago

February 3, 2003

ROMNEY PUTS FOCUS ON ECONOMIC REVITALIZATION

Welcomes Bowstreet to Mass. following cross-border move from New Hampshire

 

Governor Mitt Romney today welcomed Bowstreet to Massachusetts and invited other companies thinking of relocating to consider the benefits of doing business in the Bay State.

 

Bowstreet, a software company previously based in Portsmouth, New Hampshire, is moving to a new headquarters in Tewksbury - and taking their seventy employees with them.

 

Romney said the relocation “will help stimulate the economy and bring jobs to Massachusetts.” Next week, he promised to unveil the membership of regional economic boards that will assist the administration in bringing even more growth and new jobs to all regions of the state.

 

Bowstreet CEO Michael George cited the pool of hi-tech talent, Boston's standing as a premier academic center and the state's transportation infrastructure as critical to the decision to move here.

 

He also referred to Romney's election as “icing on the cake,” saying, “Governor Romney's leadership in creating an environment conducive to business and job growth sends a strong signal that the welcome mat is out.”

 

Robert Pozen, Romney's chief of commerce and labor, said Bowstreet is “the perfect example” of the type of business the administration “is actively reaching out to and encouraging to relocate or expand in Massachusetts.”

 

According to Pozen, “The state's natural advantages, including ample real estate options adjacent to thriving residential communities, access to highways and airports, and cultural diversity are just some of the pieces that make Massachusetts an attractive place to do business.”

 

Bowstreet, founded in 1998 in Portsmouth, is a privately held software company that has pioneered adaptive web-based applications used by dozens of leading companies, including Dupont, General Motors and State Street Bank.

 

Romney said he looks forward to meeting with his regional economic boards in March to focus on identifying other out-of-state businesses that may be amenable to relocation here.

 

“I want an economic development plan tailored to each region of the state, and I want each of those plans to concentrate on bringing more jobs to Massachusetts,” said Romney.

Comments (0)

You don't have permission to comment on this page.