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FOR IMMEDIATE RELEASE: MAY 22, 2008
Massachusetts Alliance for International Business Honors Commonwealth Companies’ International Trade Leadership
2008 award-winners include Aspect Medical Systems of Norwood, Fabrico Inc. of Oxford
and Hardigg Industries of South Deerfield
Boston, Mass. – The Massachusetts Alliance for International Business (MAIB), an affiliate of Associated Industries of Massachusetts (AIM), announced today its 2008 International Trade Achievement Award honorees. The awards, in their 13th year, recognize Massachusetts firms, institutions, public agencies or individuals who have demonstrated creativity and leadership in their international trade-related activities – fueling their success as well as contributing to the statewide economy.
“Massachusetts companies have increased exports significantly in recent years, reaching more diverse markets with products and services that represent an impressive range of industries,” commented Martin Walter, Chairman of the Board for MAIB. “This year’s award-winners are truly global thinkers and have demonstrated their commitment to increasing their international business with a variety of approaches – initiating a new export management system (Aspect Medical Systems), opening a new European facility to speed distribution (Hardigg Industries), and formulating a new overseas partnership to expand their manufacturing capabilities (Fabrico). There is much to be learned from these companies’ success.”
MAIB honored the following companies at the Associated Industries of Massachusetts’ (AIM) annual meeting on Friday, May 9.
GLOBAL AWARD: ASPECT MEDICAL SYSTEMS, NORWOOD
Aspect Medical Systems is a worldwide leader in the manufacturing and distribution of the BIS® brain-monitoring system, which enables clinicians to assess and manage a patient’s level of consciousness in the operating room and administer the precise amount of anesthesia needed. All of Aspect’s products are manufactured in a new facility in Norwood. Aspect’s BIS® technology is available in more than 160 countries worldwide and has been used to assess approximately 26 million patients. The company’s 2007 international revenue increased 18% over 2006.
AMBASSADOR’S AWARD: FABRICO INC., OXFORD
Fabrico manufactures precision components from expensive alloys. These components are used wherever there is high heat or corrosive material, in industries that include aerospace, computer, chemical, food processing, marine, medical and semiconductor manufacturing. Most of Fabrico’s components are found in large, land-based gas turbines that generate clean electricity around the globe. Fabrico recently formed a joint venture with a Singapore-based company to service the growing solar cell manufacturing market. Nearly half of Fabrico’s annual sales are from exports. In the past two years, Fabrico’s revenues have increased nearly 40%, with much of the increase attributable to export growth.
CHAIRMAN’S AWARD: HARDIGG INDUSTRIES, SOUTH DEERFIELD
Hardigg Industries manufactures rotationally and injection-molded rugged containers for transporting sensitive equipment. With over 500 employees in South Deerfield, Hardigg the company has been exporting for nearly 40 years. Hardigg’s export customers are in the aerospace, defense and industrial sectors, and NATO members are major clients. The company has set up distribution and sales facilities in France, the UK and Canada and developed a proprietary system to save on international shipping costs. Hardigg sells its products in 74 countries, and exporting is one of its top five core strategies. Hardigg’s international revenue grew more than 50% from 2006 to 2007.
Since 1996, more than 50 Massachusetts companies, ranging from firms that are household names such as Raytheon and State Street, to smaller firms including Health Enterprises of North Attleboro, Heinrich Ceramic Decal of Worcester, and BTU International of Billerica, have been recognized by the MAIB International Trade Achievement awards. In addition, nonprofit organizations such as the University of Massachusetts-Boston and the Massachusetts Export Center have also been recognized for their contributions.
About Massachusetts Alliance for International Business (MAIB)
The Massachusetts Alliance for International Business was created by Associated Industries of Massachusetts (AIM) to help Massachusetts businesses identify and profit from opportunities in the global economy. Through seminars, referrals, on-line news bulletins and export trend reports, MAIB provides companies with the resources they need for successful international trade. For further information about MAIB and the International Trade Achievement Awards, visit www.aimnet.org/maib.
About Associated Industries of Massachusetts (AIM)
Established in 1915, Associated Industries of Massachusetts is the largest nonprofit, nonpartisan association of Massachusetts employers. With 7,000 member companies employing 680,000 people in Mass., AIM’s mission is to promote the well-being and prosperity of the Commonwealth by improving the State’s economic climate, proactively advocating fair and equitable public policy and providing relevant, reliable information and excellent services. For further information about Associated Industries of Massachusetts, visit www.aimnet.org.
BACKGROUND on INTERNATIONAL TRADE AWARDS
Eligibility
Any company, organization, educational institution, individual, or government agency in Massachusetts that has demonstrated creativity and leadership in international trade may be nominated.
Award Criteria for Nominees
• Increased or retained jobs in Massachusetts by entering new international markets
• Demonstrated new or creative solutions to the challenges of exporting
• Produced or adapted a product line or service for a foreign market
• Established alliances or partnerships to increase international trade
• Invested in infrastructure or manufacturing in the Commonwealth to enhance trade
Benefits for Award Winners
• Recognition and Award Ceremony at AIM’s Annual Meeting (expected attendees: 400)
• Article and photos in AIM’s Summer MassBusiness Magazine
(circulation: 13,000)
• Extensive media and press coverage
Deadline & Notification
Nominations for the 2009 MAIB International Trade Achievement Awards will.be available in January 2009.
History of MAIB International Trade Achievement Awards
Since 1996, more than 50 Massachusetts companies have been recognized by MAIB for their expertise in international business. Award winners have included manufacturers
of chemicals, specialty papers, heavy-duty cranes, pressure-sensitive and advanced films, golf balls, thermal processing equipment, puzzles, copper products, diagnostic testing equipment, textiles, personal care products, plastic molding, semi-conductor equipment, container board and saws. Awards have also been made to services providers
in health care, insurance, engineering, finance, energy, post-secondary education, logistics and consulting.
About Massachusetts Alliance for International Business (MAIB)
The Massachusetts Alliance for International Business (MAIB), affiliated with Associated Industries of Massachusetts (AIM), helps businesses identify and profit from opportunities in global commerce.
MAIB services include:
•On-Line News Bulletin: Informing the international business community about upcoming events, trade missions, trade shows, and knowledge sources
• Trade Seminars, Roundtables and Speaker Events: Educating companies and individuals by providing expertise on new market opportunities, trade regulations, and strategies for global expansion
• International Trade Achievement Awards: Recognizing excellence among businesses exemplifying leadership in international trade
• Massachusetts Export Trend Reports: Promoting export growth by tracking changes in export markets by products and destinations
• Referrals: Connecting Massachusetts businesspeople, firms, and the media to international trade experts, agencies, companies, and consultants
PREVIOUS
WINNERS
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PRODUCT EXPORT ACHIEVEMENT:
Acushnet Titleist
Footjoy, Fairhaven Advanced
Instruments, Norwood Alpha
Industries, Woburn American Saw & Mfg.
(Lenox), E. Longmeadow Bose
Corporation, Framingham BTU
International, Billerica Comverse Network
Systems, Wakefield David Clark Company,
Worcester Doble Engineering,
Watertown Dragon Systems,
Newton Flexcon Company,
Spencer Gillette Company, Boston GSI
Group (formerly General Scanning),
Billerica Hasbro Games Group,
Longmeadow
Health Enterprises, Inc., No. Attleboro
Heinrich Ceramic Decal, Inc., Worcester
International Forest Products, Inc., Foxboro
Madico, Inc. Lintec Corporation, Woburn
Meadwestvaco Corporation, South
Lee
Morgan Construction, Worcester
New England Door Corporation, Canton
North American Industries, Inc., Woburn
NYPRO Inc., Clinton
Quaker
Fabrics Corporation, Fall River
Revere Copper
Products, New Bedford
Rexam DSI, South
Hadley
Raytheon Corporation, Lexington
Solutia, Inc., Springfield
Tannin Corporation, Peabody
ZRC Worldwide, Marshfield
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SERVICES EXPORT ACHIEVEMENT:
Au Bon Pain
Corporation, Inc., Boston BankBoston,
Boston Camp, Dresser & McKee,
Boston Eagle Air Freight,
Chelsea International Data Group,
Boston INTRAL, Boston Liberty Mutual
Group, Boston Mabbett & Associates,
Inc., Bedford The Mathworks, Inc.,
Natick Randolph Engineering,
Randolph State Street Bank & Trust,
Boston TRC Process Engineering,
Braintree
NON-PROFITS: ACCION
International, Boston Boston
University, Boston China Program
Center, UMass. Boston Middlesex Comm
Coll. Intl. Bus. Center, Bedford Massachusetts
Export Center, Boston Mass. Inst. for Soc. &
Econ. Research (MISER), Amherst Mass. Ocean
Technology Network, Hingham Partners HealthCare
System, Boston Women in World Trade,
Boston Worcester Area Chamber of Commerce World
Affairs Council of Western Mass. WorldCare International,
Inc., Cambridge
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2007
Heinrich Ceramic Decal, Worcester
Health Enterprises, No. Attleboro
Solutia’s Indian Orchard Plant, Springfield
2006
BTU International,
Billerica
Liberty Mutual
Group, Boston
ACCION
International,
Boston
2005 Acushnet Titleist Footjoy
Company, Fairhaven
Flexcon Company,
Spencer
Hasbro Games Group,
Longmeadow
Madico, Inc. Lintec Corporation,
Woburn
Meadwestvaco Corporation, South Lee
2004 International Forest
Products Corporation,
Foxboro WorldCare
International, Inc., Cambridge University of
Massachusetts/Boston China Program, Boston
2003 Tannin Corporation,
Peabody Au Bon Pain Corporation, Inc.,
Boston Massachusetts Institute for Social and Economic
Research, Amherst
2002 North American Industries,
Inc., Woburn Mabbett
& Associates, Inc., Bedford Massachusetts Export Center,
Boston
2001 Revere Copper
Products, Inc., New Bedford Boston University,
Boston NYPRO, Inc.,
Clinton
2000 David Clark Company,
Inc., Worcester Partners HealthCare System,
Boston Bose
Corporation, Framingham
1999 GSI Group
(formerly General Scanning), Watertown ZRC
Worldwide, Marshfield Massachusetts Ocean
Technology Network, Hingham Raytheon
Company, Lexington
1998 Alpha
Industries, Woburn Comverse Network
Systems, Wakefield Doble Engineering
Company, Watertown Rexam DSI, South
Hadley New England Door Corporation,
Canton International Communications Camp, Dresser
& McKee, Boston Int'l. Business Center at
Middlesex Community College, Bedford State
Street Bank and Trust, Boston
1997 American Saw and
Manufacturing (Lenox), E. Longmeadow Advanced
Instruments, Inc., Norwood International Data
Group, Boston Randolph Engineering,
Randolph Eagle Air Freight, Inc.,
Chelsea INTRAL Corporation,
Boston Worcester Area Chamber of Commerce World
Affairs Council of Western Massachusetts The Gillette
Company, Boston
1996 Morgan Construction
Company, Worcester Quaker Fabrics
Corporation, Fall River Dragon Systems,
Newton The Mathworks, Inc.,
Natick Women in World Trade,
Boston The Massachusetts Export Center,
Boston Bank of Boston,
Boston TRC Process
Engineering,
Braintree
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