This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

MassEcon Announces Finalists For Ninth Annual Team Massachusetts Economic Impact Awards

MassEcon has announced that Cabot Corporation (NYSE: CBT), a global specialty chemicals and performance materials company, has been named among nineteen finalists from across the state for the Team Massachusetts Economic Impact Awards, awarded annually by MassEcon. The awards celebrate companies that have made an outstanding contribution to the Massachusetts economy. These finalists, representing companies from the Merrimack Valley to the Pioneer Valley, presented one-minute elevator pitches describing their growth in the Bay State to a panel of judges and business leaders on September 12, 2012 at the UMass Club in Boston. Secretary of Housing and Economic Development, Greg Bialecki, was the featured guest at the event.

“As the state makes its way through economic recovery, we’re thrilled to recognize the businesses in Massachusetts that are expanding such as Cabot Corporation,” said Susan Houston, Executive Director, MassEcon. “Our finalists demonstrate that growth in the Commonwealth is not limited to one region or one industry. We are fortunate to have such a diverse group of companies contributing to the prosperity of Massachusetts.”

Cabot Corporation was chosen because of its recent $10 million capacity expansion project at its Haverhill, Massachusetts, inkjet facility. This expansion resulted in a 30 percent increase in production staff and doubles the production capacity of Cabot’s CAB-O-JET® small molecule color and polymer-attached pigment dispersion lines. The project further supports Cabot’s growth in the emerging office segment of inkjet printing, and the commercial inkjet printing market.

“We are proud that our plant expansion and job creation have helped support Massachusetts’ economic health and has been recognized by MassEcon,” said Julie Planchet, general manager, Cabot inkjet colorants. “This expansion presents a new opportunity to further grow our inkjet business and meet our customers’ needs in growing markets such as commercial printing. It also showcases our commitment to continuing to grow in Massachusetts.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs