Marlborough Business Gets Nearly $1M to Create Jobs

MARLBOROUGH, MA — The Healey-Driscoll Administration and the Massachusetts Life Sciences Center announced more than $17 million in tax incentive awards on Thursday.

IPG Medical Corporation, a Marlborough-based company that makes fiber lasers, received $975,000 to create 50 new jobs. The company was among the 25 life science companies that received awards.

IPG Medical Corporation is a division of IPG Photonics, which specializes in the design and manufacturing of laser-based medical devices. The company is based at 377 Simarano Dr.

“The breakthroughs happening here in Massachusetts don’t just strengthen our local innovation economy — they’re saving lives and changing the world,” said Governor Maura Healey. “These tax incentive awards build on that momentum and show why Massachusetts is the best place to innovate, work and grow.”

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