SPRINGFIELD — Senators Eric P. Lesser and James T. Welch praised MassMutual’s announcement on Thursday that it will be adding 1,500 positions in its Springfield headquarters and building a Boston campus over the next four years.
“This is very good news, to see MassMutual doubling down on its investment in Massachusetts. MassMutual is a proud Springfield company founded here nearly 200 years ago, and its decision announced today sends a clear signal that Springfield and Western Massachusetts are open for business!” said Sen. Lesser, who serves as Chairman of the Joint Committee on Economic Development and Emerging Technologies.
“MassMutual’s announcement is a sign of just how strong and business friendly the economy is here in the Commonwealth. As talks about companies moving jobs to Massachusetts continually center around Boston, it is refreshing to see a company reinforce its Western Mass roots,” said Sen. Welch, who serves as the Chairman of the Joint Committee on Health Care Financing.
MassMutual announced a major expansion in Massachusetts on Thursday, first reported by Masslive/The Republican. The expansion includes adding 2,000 jobs to the Commonwealth and building a new campus in Boston’s Seaport District over the next four years.
Those 2,000 jobs include 1,500 at corporate headquarters in Springfield and 500 at the new Boston campus. The company will also be closing offices in Enfield, Connecticut, Charlotte, North Carolina, Somerset, New Jersey, Memphis, Tenn., and Johnstown, Pennsylvania, and moving many of those jobs back to Massachusetts.
MassMutual was founded in Springfield on May 15, 1851. It is listed 77 on the Fortune 500 list.