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Masy Systems To Expand Pepperell Facility

Feb 6, 2013 | Reprints | Unlock Link | Print

Masy Systems Inc. of Pepperell will use a $1.4 million loan from MassDevelopment expand its biopharmaceutical storage operations in Pepperell.

The company has used the funds to expand its biorepository facility space at 10 Lomar Park Drive in Pepperell, the majority of which will be used for -75° Celsius storage so that area companies and research institutions can maintain biologic compounds used in research and development, according to Kelsey Abbruzzese, spokesperson for MassDevelopment.

In 2009, MassDevelopment provided $700,000 in financing for the first phase of the company’s biorepository; the latest expansion will make the Masy facility one of the largest commercial biorepositories in the Northeast, according to a statement.

Commercial & Industrial