Economic Development

Leominster’s success in maintaining that solid economic base stems from a combination of strategies. The city offers a broad range of economic development resources, from Tax Increment Financing (TIF) program, Special Tax Assessment (STA) program, Abandoned Building Renovation Tax Deduction (ABRTD), Housing Development Incentive Program (HDIP) Leominster-based North Central MA Career Center and Workforce Investment Board, Gateway Community Status, and more.

More than 120 Leominster companies are tied to the manufacturing industry with production ranging in medical, military, household, and life science. With a blend of municipal and private services, Leominster is Ready to promote economic development opportunities for businesses of all sizes.

The City of Leominster is a business-friendly community as proven by its customer service efforts and technical support to all companies. We provide assistance to our employers through a collaborative effort of local agencies, state offices, and municipal services.

A few of the Technical Support Services for business:

  • Chamber of Commerce
  • Workforce Investment Board
  • North Central MA Career Center
  • MA Office of Business Development
  • MA Development
  • MA Bio-Tech Council
  • MA marketing Partnership
  • MA Office of Travel & Tourism

Transportation

Location & Logistics / Employers & Workforce

Leominster is easily accessible for workforce commuters and delivery logistics. From Route 2, Leominster has six exits in our city as well as two exits from Interstate 190. Our community also has Route 12, Route 13, Route 117, and Route 2A directly mapped through it.

Leominster is host to the Intermodal Transportation Center which is located on the MBTA commuter line in North Leominster on Route 13 and within one mile of intersection between Route 2 and Interstate 190. Offering 350 parking spaces, 13 daily times for commuter inbound/outbound trains, and 7 inbound/outbound trains matching schedules with local MART public busing provides workforce support for employers and residents. Leominster is within 46 miles of Logan International Airport in Boston. We are 72 miles from T.F. Green Airport in Providence RI and 42 miles from Manchester Airport in NH. In addition to these three popular air routes, the abutting community of Fitchburg has a small local airport for private passenger planes as well.

Gateway Community Status

Being a Gateway Community, the City of Leominster actively participates with the State of MA to utilize the EDIP (Economic Development Incentive Program) in providing local and state tax abatements. Of the 351 towns and cities in MA, there are only 26 Gateway Communities. See the state website's Gateway Cities and Program Information page for more details on the qualifications for Gateway status.

Gateway status combined with our low single-rate tax provides an affordable option for growing companies. Offering tax incentives is an additional bonus for choosing Leominster as your company’s home-base.

Downtown Historic Leominster: Vibrant & Active

An indication of a City’s wellness is full and vibrant downtown. Leominster downtown is located physically in the center of our City and literally the heart of our community. We encourage you to spend some time strolling through our downtown. Please stop in our locally owned boutiques, shops, bakeries, art galleries and restaurants. You will enjoy meeting business owners on-site and a small sampling of what Leominster is all about. Try our self-guided historic downtown walking tour to learn all about years passed and our beautiful monuments. Year-round events and festivities bring thousands of people from the region into our downtown. Experience our hometown feel of parades, no-cost activities, and family fun for all!

Leominster is Ready for You!