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Re-Opening Plan an Encouraging First Step

Budget, Tax, & Finance Economy News | May 18, 2020

Associated Industries of Massachusetts said today that Governor Charlie Baker’s four-phase plan marks an encouraging first step to re-opening state economy in a safe and efficient manner. The first phase of the four-stage re-opening plan will allow manufacturing and construction companies, along with houses of worship, to resume operations under a strict set of safety […]

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Governor to Detail Re-Opening Plan; Manufacturing, Construction to Get Green Light

Economy HR & Employment Law News | May 15, 2020

The journey of a thousand miles begins with a single step. That’s what Massachusetts employers can expect today as Governor Charlie Baker announces details of a four-stage re-opening plan designed to allow the economy to get back up and running after the COVID-19 shutdown. The Baker Administration has been circumspect about what the governor will […]

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A Different One-Year Anniversary

News | May 15, 2020

Forsan et haec olim meminisse iuvabit (A joy it will be one day, perhaps, to remember even this.) The Aeneid Wednesday marks one year since the Associated Industries of Massachusetts Board of Directors entrusted me to lead the commonwealth’s largest business association. The Board promised me on May 20, 2019 that my tenure would be […]

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Company Invokes Rosie the Riveter for Mask Project

Economy News | May 12, 2020

Bruce Platzman is not one to sit back in a crisis. In 2001, the CEO of office-furniture manufacturer AIS in Leominster ramped up to make hundreds of workstations for the Pentagon in the days following 9/11. Now, Platzman and his team at AIS are thinking big to address the persistent shortage of personal protective equipment […]

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Governor Says Economy Will Re-Open in Four Phases

Economy News | May 11, 2020

Governor Charlie Baker said today that Massachusetts will re-open its economy in four phases beginning on May 18 as long as COVID-19 infections and hospitalizations continue to trend in a positive direction. The four phases – called Start, Cautious, Vigilant and the New Normal – are designed to methodically allow certain businesses, services, and activities […]

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AIM Members Lead Extraordinary Sprint Towards COVID Vaccine

Economy News | May 6, 2020

Longtime AIM member Pfizer Inc. announced yesterday that it has begun human clinical trials of a potential COVID-19 vaccine that could be available in October and would be made at the company’s facility in Andover. The company says the accelerated trials of its BNT162 vaccine should allow production of millions of vaccine doses in 2020, […]

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Proposed Stormwater Rules Have Outsized Effect on Massachusetts

News | May 5, 2020

Many Massachusetts manufacturing companies struggling with the effects of the COVID-19 crisis now face another challenge – the US Environmental Protection Agency (EPA) is proposing updated stormwater regulations that could impose economically damaging new regulations on hundreds of businesses. With Massachusetts home to nearly 33 percent of all the facilities in the country directly under the purview of EPA, these changes could have widespread […]

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Employer Confidence Continues Slide

Economy News | May 5, 2020

Confidence among Massachusetts employers continued to erode during April as the commonwealth became a hotspot for COVID-19 and Governor Baker extended the closing of non-essential businesses until mid-May. The Associated Industries of Massachusetts Business Confidence Index fell 1.8 points after suffering its largest monthly decline ever during March. The Index ended April at 38.4, nearly […]

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Closure of Non-Essential Businesses Extended Until May 18

Budget, Tax, & Finance News | April 28, 2020

Governor Charlie Baker today extended until May 18 the order requiring non-essential Massachusetts businesses to close their physical operations to limit the spread of COVID-19. It marked the second time the governor has extended the shutdown as the commonwealth continues to confront a surge of novel coronavirus cases and a simultaneous economic crisis that has […]

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You’ve Been Approved for a Paycheck Protection Program Loan. Now What?

Budget, Tax, & Finance Economy News | April 28, 2020

The Paycheck Protection Program, enacted under the Coronavirus Aid, Relief and Economic Security Act (CARES Act), is an extension of the Small Business Administration (SBA) 7(a) loan program, allowing financial institutions to provide federally backed, forgivable loans to eligible businesses.  The Paycheck Protection Program and loan forgiveness are intended to provide economic relief to small […]

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