REPORT OF THE - Massachusetts General Court -- MCRC 39th report.pdf · Appex Lunayach Systems 1,450,000 0 29 29 Waltham Aqualine Resources, Inc. 1,500,000 0 23 23 Waltham ... Dorman-Bogdanoff

REPORT OF THE MASSACHUSETTS CAPITAL RESOURCE COMPANY

PURSUANT TO SECTION 20 OF CHAPTER 816 OF THE ACTS OF 1977

This report of the Massachusetts Capital Resource Company (the "MCRC") is filed with the Clerk ofthe Senate pursuant to Section 20 of Chapter 816 of the Acts and Resolves of the General Court of Massachusetts for 1977 (the "Act") and is being filed for the taxable year for domestic life insurance companies ended December 31, 2015.

1. Aggregate Cumulative Investment. MCRC was organized as a limited partnership in accordance with the provisions of the Act in December of 1977 and, as required, was originally funded by capital contributions aggregating $20 million. In accordance with the Act and Partnership Agreement, additional contributions to the capital ofMCRC of$20 million were made in December of 1978, December of 1979, December of 1980 and December of 1981. As ofDecember 31,2015 the aggregate cumulative investment ofthe Partners was $100 million.

2. Qualified Investments. Aggregate qualified investments of the MCRC actually made as ofDecember 31, 2015 totaled $678,504,258. A detailed list is presented in Appendix A.

3. Employment Considerations. MCRC expects that its aggregate investment activities as ofDecember 31, 2015 will permit eligible companies to create 12,289 positions in the Commonwealth and preserve 6,691 existing jobs. Adetailed list is presented in Appendix A.

MASSACHUSETTS CAPITAL RESOURCE COMPANY

By: (i;e &ol~L Paul Bolger, Presid t

March 1, 2016

REPORT OF THE MASSACHUSETTS CAPITAL RESOURCE COMPANY

PURSUANT TO SECTION 12 OF CHAPTER 816 OF THE ACTS OF 1977

As of December 31, 2015

Appendix A

Investment Jobs Jobs Total Company /Location Amount Maintained Created Jobs

Adams Print Works, Inc 200,000 15 0 15 Adams

Adams Russell Co., Inc. 5,000,000 0 5 5 Waltham

Adcole Corporation 1,000,000 0 10 10 Marlborough

ADE Corporation 1,750,000 0 50 50 Newton

Adden Fumiture 1;750,000 22 12 34 Lowell

Advanced Practice Strategies 1,500,000 0 0 0 Boston

Advantage Systems, Inc. 1,000,000 0 25 25 Marlborough

Aeonic Systems 1,000,000 0 45 45 Billerica

Agromarine Industries, Inc., d/b/a Bluewater Seafood < 350,000 0 67 67 New Bedford

All Seasons Services 1,833,000 24 23 47 No. Quincy

Allen & Gerritsen 2,000,000 0 40 40 Boston

Alpha Software Corporation 1,250,000 0 96 96 Burlington

Altemate Circuit Technology 500,000 0 100 100 Haverhill

Massachusetts Capital Resource Co. December 31,2015

APPENDIX A

Amicon Corporation 2,000,000 0 24 24 Lexington

Amp 3,599,047 0 5 5 Boston

Analytical Systems Engineering Corp. 5,000,000 93 75 168 Burlington

Appex Lunayach Systems 1,450,000 0 29 29 Waltham

Aqualine Resources, Inc. 1,500,000 0 23 23 Waltham

Aquent, Inc. 5,850,191 0 25 25 Boston

Arley Corporation 4,995,000 27 3 30 Taunton

Armatron International 5,000,000 0 97 97 Melrose

Artel Video Systems, Inc. 2,302,000 0 14 14 Marlborough

Aspen Technology, Inc. 4,500,000 0 59 59 Cambridge

Autographix, Inc. 2,400,000 0 58 58 Waltham

Bainbridge International 1,500,000 15 0 15 Canton

Baird Corporation ·1,579,985 0 159 159 Bedford

L.G. Balfour Company 3,000,000 0 168 168 North Attleboro

Banyan Systems Corp. 2,500,000 0 74 - 74 Westboro


APPENDIX A

Barnes Worsteds, Inc. 150,000 42 6 48 Kingston

Basic Health Management, Inc. 150,000 0 12 12 Boston

Beacon Partners, Inc. 4,000,000 0 20 20 · Weymouth

Rudolph Beaver Company 1,500,000 0 55 55 Waltham

Berkshire Corporation 1,700,000 0 36 36 Great Barrington

Biodevelopment Labs 1,,000,000 38 0 38 Cambridge

BioFertec, LTD (Medelle) 1,470,250 0 10 10 Cambridge

Bitstream Inc. 1,350,100 0 53 53 Cambridge

BIW Cable Systems 2,500,000 100 0 100 Boston

Blue Fang Games 3,000,000 40 20 60 Waltham

Boston Copico, Inc. 1,350,000 0 14 14 Canton

Braxton Electronics 150,000 14 0 14 Chicopee

BTU Engineering Corporation 1,500,000 88 0 88 Billerica

Burt Printing Co., Inc. 300,000 55 0 55


APPENDJXA

Chicopee

Business Research Corp. 1,000,000 0 12 12 Boston

Butcher Polish Co. 4,750,000 0 50 50 Marlboro

Butler Automatic, Inc. 3,000,000 0 112 112 Canton

Buxton, Inc. 6,134,091 97 0 97 Agawam

Cadec Systems, Inc. 437,000 0 8 8 Littleton

Cambridge NanoTech 2,000,000 0 13 13 Cambridge

Cambridge Research 3,000,000 55 79 134 Woburn

Candela Laser Corp. 4,707,600 0 41 41 Wayland

Carlisle Group Instruments, Inc. 312,500 0 0 0 Waltham

John R. Casey, Inc. 500,000 15 0 15 Cambridge

Catamount Manufacturing 1,500,000 0 21 21 Orange

Charles River Media 166,667 0 0 0 Rockland

Chatham Partners, Inc. 2,250,000 31 0 31 Waltham

ChemDesign Corporation 5,338,366 0 80 80 Fitchburg


APPENDIX A

Civigenics, Inc. 2,170,200 0 101 101 Westboro

Clarity Imaging Technologies 169,474 0 7 7 Wobum

Clean Harbors, Inc. 5,000,000 0 30 30 Quincy

Clearpoint Inc. 1,000,000 0 42 42 Hopkinton

Coca-Cola Bottling Company ofN01thampton 1,000,000 0 37 37 Northampton

Color-Tex International 4,000,000 32 0 32 South Boston

Commodore Foods, Inc. 600,000 0 62 62 Lowell

Communications General Corp. 200,000 7 0 7 Acton

Community Care Systems 2,000,007 0 84 84 Boston

Computer Corporation of America 1,500,000 0 69 69 Cambridge

Computer-Link Corporation 342,000 0 20 20 Burlington

Connective. Commerce Inc. 125,000 0 0 0 Pittsfield

Conversion Devices, Inc. 600,000 0 63 63 Brockton

Coppus Engineering Corp. 6,187,500 0 102 102

Massachusetts Capital Resource Co. December 3 I; 2015

APPENDIX A

Worcester

COREX Teclmologies, Corp. 1,500,000 0 11 11 Cambridge

Course Teclmology 750,000 0 11 11 Cambridge

Cranbarry Incorporated 1,000,000 19 0 19

East Boston

Creative. Packaging, Inc. 2,500,000 0 65 65 Worcester

Crosby Vandenburgh Group 1,100,000 0 0 0

Boston

Crystal Systems, Inc. 622,808 0 34 34 Salem

C.S. Pierce Companies 1,000,000 0 25 25

Brockton

Curaspan, Inc. 1,501,300 100 26 126 Newton

Custom Silicon, Inc. 500,000 0 20 20

Lowell

Cybex 5,000,000 0 16 16 Medway

CyTerra Corp 1,500,000 0 70 70

Waltham

Datamarine International, Inc. 1,800,000 0 34 34 Pocasset

Data-Signal Corporation 100,000 6 13 19 Watertown

Data Terminal Systems, Inc. 4,000,000 0 82 82

Massachusetts Capital Resource Co. December 31, 2015

APPENDIX A

Maynard

Datawatch Corporation 4,000,000 0 11 11 Chelmsford

DBS, Inc., d/b/a Farrington Business Systems, Inc. 4,019,669 100 0 100 Randolph

Design Components 350,000 0 0 0 Medfield

Diagnostic Aids Co., Inc. 325,000 0 8 8 Nm1h Billerica

Diano Corporation 275,000 34 0 34 Woburn

Dorman-Bogdanoff Corporation 650,000 24 24 48 Andover

Dynasil Corporation 3,000,000 0 10 10 Watertown

Electronic Designs, Inc. 1,500,000 0 21 21 Hopkinton

Emulogic, Inc. 681,716 0 53 53 Westwood

Epsco, Inc. 3,500,000 33 63 96 Westwood

Essense Systems, Inc. 2,303,315 0 128 128 Peabody

EtchLogic 166,667 0 0 0 Boston

E-Travel 2,127,000 0 65 65 Concord

EuroGauging Corp 1,885,000 0 18 18 Billerica


APPENDIX A

EXA Corporation 2,185,000 0 45 45 Cambridge

Exergen Corporation 1,110,000 0 25 25 Newton

Extraction Systems, Inc. 3,000,000 0 20 20 Franklin

Extrude Hone Corporation 4,000,000 124 0 124 Woburn

FastChannel Network, Inc .. 3,500,000 0 113 113 Needham

F AS Tech Integration, Inc. 2,000,000 0 59 59 Lincoln

Fetco International, Inc. 2,750,000 0 45 45 Randolph

Fiberspar & Tube Corporation 4,835,621 0 40 40 West ·Wareham

Fire Control Instrwnents 2,158,100 62 10 72 Newton

First Security Services Corp. , 400,000 9 360 360 Boston

Fitcorp Healthcare Centers, Inc. 2,475,640 0 63 63 Boston

Fletcher Granite 2,100,000 44 0 44 Chelmsford

FormaTech, Inc. 166,667 0 0 0 Lowell

Foster Medical 2,550,000 . 46 0 46 Dedham

Massachusetts Capi~l Resource Co. December 31, 2015

APPENDIX A

Foster-Miller Associates, Inc. 4,750,000 0 147 147 Waltham

Fruit Salad, Inc. 500,000 0 50 50 Lawrence

Garlock Printing Corp. 1,000,000 0 17 17 Gardner

Gamera BioScience 29,440 0 0 0 Cambridge

Gem Group, The 10,600,000 18 86 104 Lawrence

GeNOLLC 257,835 3 1 4 Boston/Cape Canaveral

Louis M. Gerson Co., Inc. 2,100,000 0 55 55 Middleboro

Genzyme Corporation 118,345 0 0 0 Cambridge

Genzyme Transgenics 189,042 0 0 0 Framingham

GlobalWare Solutions, Inc. 4,000,000 25 0 25 Haverhill

The Gloucester Corporation 300,000 0 63 . 63 Lynn

Graphique de France 2,000,000 43 0 43 Woburn

Harbar Corporation 3,250,000 40 0 40 Canton


APPENDIX. A.

Hannonix Music Systems 2,000,000 0 20 20 Cambridge

Haskon, Inc. 1,500,000 329 0 329 Taunton

Hazen Paper ·2,391,236 . 194 15 209 Holyoke

Heffernan Press, Inc. 250,000 145 0 145 Worcester

.Henco Software, Inc. 1,000,000 0 80 80 Waltham

Herzog-Hart Group 600,000 24 20 44 Boston

HighRoads 3,000,000 0 6 6 Woburn

Hologic 1,000,000 0 42 42 Waltham

Homemaker Industries, Inc. . 3,500,000 12 0 12 Brockton

Hyannis Harbor Tours, Inc. 4,200,000 0 20 20 Hyannis

iKnowMed 5,500 0 0 0 Sudbury

Independent Cable 1,000,000 0 18 18 Hudson

Infocom, Inc. 2,000,000 0 0 0 Cambridge

Innov-X Systems 4,000,000 0 15 15 Woburn

Mass~chusetts Capital Resource Co. December 31,2015

APPENDIX A

Input Output Computer Services, Inc. 1,450,000 b 185 185 Waltham

Instron Corporation 4,000,000 0 19 19 Canton

INSYTE 300,000 0 12 12 Newton

Intelco Corporation 1,000,000 0 32 32 Acton

Interactive ImageS' 550,000 0 13 13 Woburn

Interactive Management Systems, Inc. 449,833 0 0 0 Belmont

Interactive Training Systems, Iric. 2,100,000 0 55 55 Cambridge

Intermetrics, Inc. 1,000,000 0 151 151 Cambridge

International Health Specialists 2,000,000 0 215 215 Newton

International Power Devices, Inc. 2,000,000 0 154 154 Allston

Internet Securities 1,526,250 0 45 45 Boston

Jasco Aluminum Products, Inc. 200,000 100 0 100 Peabody

J & S Caterers, Inc. 125,000 80 0 80 Boston


APPENDIX A

Joan and David, Inc. 5,500,000 36 15 51 Everett

Jones and Bartlett Publishers 2,375,000 0 30 30 Boston

Kaye Insb.uments, Inc. 2,575,000 0 118 118 Bedford

Kervick Enterprises, Inc. 2,500,000 0 52 52 Worcester & Springfield

Keydata Corporation 1,000,000 0 59 59 Watertown

KeyTek Instruments 1,000,000 0 77 77 Burlington

K.inefac Corporation 1,050,000 0 20 20 Worcester

Kybe Corporation 1,000,000 3 1 7 38 Waltham

Laserdata 1,073,000 0 14 14 Tyngsboro

Liant Software Corporation 2,300,000 0 78 78 Framingham

Lightbridge, Inc. 2,750,000 0 223 223 Waltham

Linius Technologies Inc. 1,717,647 14 0 14 Westborough

Liquid Metronics, Inc. 750,000 0 34 34 Acton

Litecontrol Corporation 2,000,000 18 10 28 · Hanson


APPENDIX A

LSE Corporation 450,000 42 0 42 Woburn

Ludlow Textiles Co:, Inc. 600,000 60 27 87 Ludlow

Lund International Corp. 2,050,000 0 27 27 Hudson

Lytron, Inc. 4,000,000 150 33 183 Woburn

Mac-Gray 4',000,000 22 0 22 Cambridge

MagneMotion, Inc, 1,500,000 33 19 52 Acton

Malden Mills, Inc. 4,000,000 0 200 200 Lawrence

Marine Optical, Inc. 2,393,548 0 28 28 Easton

Marian Heath Co. 5,100,000 23 0 23 Wareham

Market Forge Company 350,000 134 0 134 Everett

L.E.Mason 2,562,500 0 24 24 Hyde Park

Mass Park, Inc. dba Valet Park of America 1,250,000 145 145 Springfield

Marcou Transportation Group. 3,000,000 0 80 80 Waltham .

MA TEC Corporation 2,000,000 0 14 14 Hopkinton


APPENDIX A

MediaCom Corporation 1,584,035 0 41 41 Bedford

Medimaging Technology 3,000,000 0 10 10 Wilmington

MedTouch LLC 4,000,000 33 33 Cambridge

Metritape, Inc. 422,000 0 48 48 Concord

MICOP 3,000,000 0 6 6 Au bum

MicroCal Scientific 4,000,000 12 0 12 Northampton

Microcom, Inc. 750,002 0 45 45 Norwood

Microsense LLC 800,000 7 0 7 Westwood

Microwave Device Technologies 133,333 0 1 1 Westford

Microwave Logic 812,000 0 25 25 Chelmsford

Miller Golf, Inc. 300,000 12 3 15 Randolph

Millitech Corporation 2,150,000 0 35 35 So. Deerfield

Motion Recruitment Partners Inc. 3,000,000 0 91 91 Boston

MPM Corporation 2,000,000 0 41 41 Franklin


APPENDIX A

Multisystems, Inc. 500,000 0 40 40 Cambridge

National Mentor, Inc. 600,000 0 25 25 Boston

New England Mackintosh 1,260,000 224 44 268 Brockton

Nantucket Harvest Company 2,500,000 50 25 75 Fall River

New Media Graphics 1,277,516 41 137 178 Billerica

Newton Foods, Inc. 750,000 0 15 15 Canton and Taunton

W.H. Nichols Company 4,000,000 0 144 144 Waltham

Northeast Energy Services 4,012,000 0 23 23 Framingham

North Shore Weeklies 3,741,034 85 53 138 Ipswich

Northstar Industries Inc. 1,000,000 0 15 15 Metheun

Nypro, Inc. 2,000,000 0 205 205 Clinton

NWN Corporation 3,000,000 0 20 20 Waltham

Office Unlimited, Inc. 1,000,000 0 41 41 Boston

Optical Corp. of America 2,550,000 55 0 55 Marlborough


APPENDIX A

One To One Interactive, Inc. 3,009,000 91 25 116 Charlestown

Optical Publishing Co., Inc. 100,000 0 15 15 Pittsfield

Optronics International Inc. '750,000 0 73 73 Chelmsford

Original Rangoon Company 1,500,000 0 10 10 Needham

Organizational Dynamics, Inc. 5,500,000 0 26 26 Bmlington

Organogenesis, Inc. 5,000,000 0 44 44 Canton

Orion ~esearch Incorporated 2,000,000 0 190 190 Cambridge

Oyo Sportstoys 2,000,000 0 44 44 ·Acton

Pagg Corporation 4,000,000 0 76 76 Hopedale

Parks Corporation 1,900,000 0 30 30 Somerset

Pathway Designs 800,004 0 36 36 Wellesley

John I. Paulding Co. 600,000 92 18 110 New Bedford

PCI Group, Inc. 2,000,000 81 0 81 New Bedford

PCI Services, Inc 3,000,000 0 61 61 Boston


APPENDIX A

Pencept, Inc. 500,869 0 21 21 Waltham

Perception Tehnology, Inc. 400,000 0 32 32 Canton

Peritus Software Services 1,750,002 0 16 16 Billerica

Charles A. Perkins 800,000 0 0 0 Lancaster

PetEdge, Inc. 4,200,000 134 0 134 Beverly

Phillips Screw Co. 3,182,593 24 24 Burlington

Phoenix Controls Corporation 750,000 0 2 1 21 Newton

Physical Sciences, Inc. 1,000,000 0 24 24 Andover

Pilot Software, Inc. 1,225,000 0 20 20 Boston

Pixley Richards, Inc. 3,650,000 157 38 195 Plymouth

PointRight 1,500,000 0 10 . 10 Lexington

Polar Corp. 14,000,000 118 105 223 Worcester

Pottery Collaborative, Inc.· 2,000,000 65 13 78 Haverhill

Powell Advertising and Design 100,000 0 0 0 Boston

Precast Specialties Corp 113,500 0 0 0 Abington


APPENDIX A

Precision Robots, Inc. 2,000,000 0 47 47 Billerica

Production Assistants 50,000 8 7 15 Waltham

Professional Development Group, Inc. 1,134,366 0 25 25 Framingham

Project Software & Development 2,000,000 0 70 70 Cambridge

Protocare, Inc. 1,184,326 0 16 16 Waltham

P&W Railroad 5,000,000 0 23 23 Worcester

Quadrant (QSI) 4,552,794 4 2 6 Mansfield

Quabbin Industries, Inc. 200,000 25 0 25 Chicopee

Rapid Processing Co., Inc. 500,000 0 6 6 Haverhill

Research Plastics, Inc. 250,000 0 12 12 Salem

Remediation Technologies, Inc. 5,500,000 0 32 32 Concord

Repromedix!MBDC 125,000 0 0 0 Boston

Rex Cut Products, Inc. 400,000 39 9 48 Fall River

Rising Paper Company 500,000 0 10 10 Housatonic


APPENDIX A

Roll Systems, Inc. 4,002,000 0 35 35 Burlington

Royal Institutional Services, Inc. 2,000,000 0 114 114

Somerville/Worcester

Sanitoy, Inc. 1,000,000 0 46 46 Fitchburg

Scott & Duncan 335,000 32 0 32 Boston

Seaman Paper Company 8,900,000 336 25 361 Otter River

Security Source, Inc. 166,667 0 0 0 Peabody

Seahorse Power Company 1,500,000 16 8 24 Needham

Sea Star Seafood Corporation 1,750,000 12 38 50 Marlborough

Segue Manufacturing 4,250,000 110 27 137 Lowell

Semicon, Inc. 1,000,000 0 182 182 Burlington

Sensarray Corporation 83,333 0 1 1 Burlington

Signal Teclmology 1,625,000 0 119 119 Weymouth

Silver Oak Solutions, Inc. 1,500,000 35 15 50 Boston

Simonds Cutting Tools 7,300,000 258 35 293 Fitchburg

Sinicon Pl!i$tics Pittsfield

Sippican, Inc. Marion

SleepMed Peabody

Solar-X Corporation Newton

Source Code Waltham

Southworth Company West Springfield

Spire Corporation Bedford

Springboard Technology Springfield

Steffian Bradley Boston

Steinbrecher Corporation Woburn

Sterlingwale Corporation Fall River

Steven Paper Mills, Inc. Westfield

Stull & Lee Boston

T.B. Sugrue, Inc. Belche11own

Massachusetts Capital Resource Co. · December 31,2015

APPENDIX A

100,000

10,000,000

5,000,000

350,000

1,500,000

8,412,500

3,000,000

714,286

2,000,000

1,000,000

1,000,000

250,000

150,000

300,000

12 0 12

208 34 242

0 8 8

50 0 50

0 10 10

0 109 109

0 45 45

0 7 7

0 16 16

0 62 62

97 40 137

173 30 203

0 21 21

38 0 38


APPENDIX A

Paul Sullivan Tennis Sportsware, Inc. 300,000 0 64 64 Methuen

TACC lntemational Corp. 5,000,000 0 29 29 Rockland

Tad Technical Services Corp. 2,000,000 0 150 150 Cambridge

Taunton Silversmiths 640,000 3 0 3 Taunton

Tech Pak, Inc. 2,750,000 0 15 15 Peabody

Telechron, Inc. 500,000 103 29 132 Ashland

Thermo Cardiosystems, Inc. 3,000,000 0 35 35 Waltham

Thermo Electron Corporation 10,000,000 0 300 300 Waltham

Town & Country J~welry Mfg. Corp. 4,000,000 0 100 100 Chelsea

TracRac, Inc. 2,600,000 45 10 55 Fall River

Trina, Inc. 2,196,574 68 10 78 Fall River

Tripod, Inc. 499,992 0 11 11 Williamstown

Triumvirate Environmental, Inc. 5,000,000 173 173 Somerville

United Medical Systems, Inc. 3,000,000 55 10 65 Westborough


APPENDIX. A

United Technical Product, Inc. 600,000 5 0 5 Canton

Universal Industries 2,015,000 94 0 94 Mattapoisett

Unnico Service Company 5,000,000 0 14 14 Boston

Valkyrie Company, Inc. 1,000,000 0 66 66 Worcester

Vested Development, Iric 1,500,000 0 11 11 Woburn .

Vicar Corp. 500,000 0 26 26 Andover

Visual Technology, Inc. 5,000,000 0 46 46 Andover

Vivid, Inc. 1,050,875 0 48 48 Waltham

VoiceTek Corporation 3,000,000 0 79 79 Chehnsford

Waltham Grinding Wheels, Inc. 500,000 28 27 55 Westfield

Wang Laboratories, Inc. 5,000,000 0 380 380 Lowell

B.T. Wagner 200,000 46 0 46 Stockbridge

W.A. Wilde Company 1,750,000 30 51 81 Holliston

WaJ.Ten Pump, Inc. 3,000,000 80 0 80 Warren


APPENDIX A

Webster Spring Co., Inc. 3,500,000 0 82 82 Oxford

Weston & Sampson 3,000,000 0 35 35 Peabody

Whitesmiths, Ltd. . 250,000 4 4 Concord

World Energy 6,180,000 0 20 20 Worcester

E.T. Wright 1,750,000 113 0 113 Rockland

wTe Corporation 5,125,000 20 39 59 Bedford

Xylogics, Inc. 1,000,000 0 26 26 Burlington

Zaiq Technologies, Inc. 4,400,000 0 179 179 Woburn

Z Corporation 4,000,000 0 81 81 Burlington

Z-Medinc. 2,250,000 0 15 15 Ashland

Zoll Medical Corporation 1,000,000 0 43 43 Woburn

I $678,504,25811 6,691 1 12,2891 I 18,980 1

Documents

REPORT OF THE - Massachusetts General Court -- MCRC 39th report.pdf · Appex Lunayach Systems 1,450,000 0 29 29 Waltham Aqualine Resources, Inc. 1,500,000 0 23 23 Waltham ... Dorman-Bogdanoff