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MassDevelopment: Gloucester Manufacturer Gears Up for Growth
February 27, 2024

GLOUCESTER, Massachusetts, Feb. 27 -- MassDevelopment issued the following news release:

MassDevelopment has provided a $375,000 equipment loan, enhanced with an export guarantee, from the CARES Act Revolving Loan Fund to Fleet Machine Company Inc., an AS9100-certified advanced manufacturing company in Gloucester that specializes in precision machining for the aerospace and defense industries. Fleet Machine will use proceeds to acquire a new advanced machining cell from Haas Automat . . .

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