WESTBORO, MA-Completing what vice president of corporate communications Jeff Nestel-Patt tells Globest.com is the “only facility of its kind in the world”, American Superconductor Corp. is preparing to begin production of its high-efficiency electrical wire sometime in the first quarter of 2002 at its brand new, $85-million plant.

To date no other company is capable of manufacturing the wire on such a grand scale. The 345,000-sf plant located on the old Ft. Devens Army base was designed by the Worcester, MA architectural firm of Cutler Associates Inc. Cutler also served as the general contractor for construction of the plant along with the engineering design firm of Fluor Daniels.

Groundbreaking on the project was in August of 2000 and the building was completed in only 15 months. According to Nestel-Patt, construction came in exactly on budget. The bulk of the 345,000 sf will be used for manufacturing with office space limited to about 100 people. The company was attracted to the Fort Devens Industrial complex by a combination of state incentives and a desire to keep the headquarter building in its current Westboro location. The Devens Enterprise Commission, which was unavailable for comment, reacted enthusiastically to the finished building in a statement given prior to the opening.

Nestel-Patt tells Globest.com that with low finance rates and the availability of the site the company decided to go ahead and build the new plant rather than look for a lease deal. The new plant will eventually have the capability of producing 20,000 kilometers of wire per year as opposed to the 500 kilometers of wire that the company can manufacture at the existing Westboro plant. American Superconductor hopes to have about 220 people working at the largely automated plant by the year 2003.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.