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Aerospace Company Moving to Haverhill
More Great news for Haverhill: 150-200 new manufacturing jobs

Mayor Fiorentini was joined last week by Lt. Governor Healey to announce that the Magellan Aerospace Company will move to Haverhill. Magellan Aerospace is an international company with offices in Toronto, Canada, England and Middleton, Massachusetts.

Magellan will consolidate its Middleton and Peabody facilities to the industrial park on Computer Drive, off of Route 97.

They will employ 150 people in Haverhill to start, and hope to expand by another fifty to 100 people. They will be operational by the end of 2006.

The mayor and the Economic Development Office of the city of Haverhill have been meeting with Magellan officials for months to persuade them to move to Haverhill.

The company had considered moving out of Massachusetts.

It took a great bipartisan team effort of state, local and private industry people to persuade them to locate here. Here are a few people who deserve credit for this great news for our city.

* Governor Mitt Romney personally called the CEO of Magellan Aerospace and asked the company to remain in Massachusetts.

* Economic Development Director Bill Pillsbury went personally to the Magellan offices in Middleton, and met with key company officials to persuade them to come to Haverhill. Bill is the former economic development director for the state of New Hampshire, and was able to outline for the company the benefits of staying in Massachusetts. Bill and I met personally several times with Magellan officials to persuade them to locate here.

When I asked the company executives some of the factors which persuaded them to come to Haverhill - when so many communities were recruiting them - they specifically cited the personal efforts of Bill Pillsbury.

* The state office of MassDevelopment secured a low interest loan to enable Magellan to locate here.

* The Greater Haverhill Chamber of Commerce - which held open houses and worked hard to help promote this property for reuse.

“Companies like Magellan drive economic growth here in the Commonwealth,” Lt. Governor Kerry Healey said of the successful effort to keep Magellan Aerospace in Massachusetts.

Landing Magellan Aerospace is great economic news for Haverhill. Magellan Aerospace will generate new tax revenues, and will mean 150-200 new manufacturing jobs for the city.


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The May, 2006 Edition of the Valley Patriot
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