Friday, October 31, 2008
Town wins $5.2M for Genzyme expansion
Boston Business Journal
The town of Framingham, Mass., has nailed down a $5.2 million state grant to help pay for upgrades to its infrastructure crucial to a Genzyme Corp. expansion project.
The Massachusetts Life Sciences Center board of directors announced the grant on Friday.
The money, approved as part of the $1 billion life sciences economic development bill signed into law over the summer, will allow the town upgrade its wastewater projection system.
Genzyme Corp. is expanding there in a project that will create 300 new manufacturing jobs within the next year.
Overall, including the initial grant, the new law will commit nearly $13 million for a multi-phased wastewater system to serve Framingham’s Technology Park.
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