New Balance Expands with a new facility in Methuen
New England Council member, New Balance, is expanding with a new facility in Methuen, Massachusetts. This factory was opened with Governor Charlie Baker, U.S. Rep. Lori Trahan, and local leaders, to participate in the grand opening of New Balance’s newest manufacturing hub.
The 80,000 square-foot facility opened for business in January after undergoing $20 million in renovations, according to the company. The factory currently employs more than 90 associates producing the brand’s MADE 990v5 running shoe, with plans to more than double the current workforce and production capabilities by the end of the year. Including the new New Balance factory in Methuen, New Balance owns five manufacturing facilities in Maine and Massachusetts where approximately 1,000 U.S. workers prepare, cut and mold athletic shoe materials and components and then sew, press, and assemble into the final product.
“Manufacturing has always been an important part of our company culture,” said Joe Preston, New Balance President and CEO. “Our associates have proven that high-quality athletic footwear can be produced in the U.S. Their skilled craftsmanship and dedication to continuous improvement will help us meet our significant U.S. and global consumer demand and drive our continued business growth.”
The New England Council congratulates New Balance on the opening of a new factory providing many more jobs, specifically for skilled labor within New England.
Read more from the Boston Herald.