What: Harmonic Drive headquarters 

Where: Dunham Ridge, Beverly 

Built: 2018-2019 

Owner: Harmonic Drive LLC 

Construction of a new 100,000-square-foot headquarters for manufacturer Harmonic Drive LLC is under way in preparation for a summer 2019 opening. 

In September, the company acquired a 5-acre parcel from Woburn-based Cummings Properties for $6 million. A former division of United Shoe Machinery Corp., Harmonic Drive produces components used in the robotics and semiconductor manufacturing industries. 

The move from a two-building headquarters in Peabody will enable Harmonic Drive to hire an additional 60 employees, the company said. Beverly-based Connolly Brothers is the general contractor. 

 

They Said It:  

“Given Harmonic Drive’s impressive growth, its record of success and innovation, and its historical ties to Beverly, we could not be more pleased to welcome this firm back home.” −Steve Drohosky, vice president, Cummings Properties

Hot Property: Harmonic Drive Headquarters

by Banker & Tradesman time to read: 1 min
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