Business

The Devens expansion is backed by a $21.26 million state tax credit and is expected to extend the company's footprint significantly.

The advanced metal manufacturer VulcanForms is expanding its facilities in Devens, creating over 1,000 new jobs. 

VulcanForms uses industrial metal 3D printers, machining equipment, and automated production systems to produce parts for industries including aerospace, defense, healthcare, and consumer products. The company is preparing to grow further by building a one-million-square-foot facility.

Massachusetts Office of Business Development detailed the plans after the Economic Assistance Coordinating Council voted to grant VulcanForms a $21.26 million tax credit. 

The expansion will result in 1,063 new employees. 

The Council also awarded Boston Dynamics a $25 million grant to support its expansion plans. 

“Massachusetts continues to be a place where businesses choose to invest, grow, and create jobs,” Gov. Maura Healey said in a statement. 

She continued, “Through the Economic Development Incentive Program, we’re helping companies expand, strengthening local economies and creating good jobs in communities across Massachusetts.” 

VulcanForms already has two facilities located in Devens and Newburyport. 

The company secured $220 million in Series D funding at the end of January, which will also help scale its manufacturing platform and strengthen domestic manufacturing.

“This financing enables us to meet surging demand and expand our role as a critical partner to companies rebuilding resilient domestic supply chains,” Kevin Kassekert, CEO of VulcanForms, said in a statement at the time.