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Aspen Aerogels
Aspen Aerogels, Inc.Industrial Development
Aspen Aerogels, Inc. (Aspen), a nanotechnology company headquartered outside Boston, selected a property in the Dexter Road portion of the Waterfront District as the site of its new manufacturing facility. Aspen spent $30 million to retrofit a 140,000 square feet, formerly abandoned industrial plant to meet the needs of its commercial, military and aerospace customers. Aspen is a leading manufacturer of high performance insulating materials known as aerogels. Aspen employs approximately 80 persons at salaries ranging from $50,000-$80,000. The Commission approved the project in March 2005 and construction has been completed.
An article about Aspen Aerogel's ribbon-cutting is here.
