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Boston economy is super diverse. That’s why it’s insulated form recessions and crime waves. Textiles/apparel Healthcare(world leader), Biopharma(world leader), Education (world leader, non profits, tech, finance, hospitality/tourism
Amazing that in 10 years Boston gone from the very fringes of tech to known as singularly tech apparently. It was like a whisper/rumor in 2010.
Shoes, you forgot shoes. Reebok, New Balance and Converse are all headquartered here. Puma recently opened their North American headquarters in Somerville and Asics, Sperry, and Saucony are in Waltham.
I don’t think route 128 is synonyms with Boston because it referred to a place and towns that really explicitly aren’t in Boston. Had it had a different name even that might have changed at least my perception. No company in the Boston carries same notoriety as Microsoft or Ford.
The only brand carrying that much name association are Harvard and MIT which are considerably closer to Boston than 128 office parks. Neither is “tech” But I digress.
EMC is a prime example, at least in the world of tech. Fortune 250, one of the largest and most successful technology companies on the planet.
Everyone not from New England viewed EMC as a Boston based company, even though they were west on 495 Hopkinton/Franklin.
It's the same way that the world viewed Oracle as a San Francisco company, when in reality, the corporate HQ was in Redwood City.
Shoes, you forgot shoes. Reebok, New Balance and Converse are all headquartered here. Puma recently opened their North American headquarters in Somerville and Asics, Sperry, and Saucony are in Waltham.
Yep that’s what I meant by apparel. But for sure 47 brand and LRG are apparel but not shoes. It’s mostly shoes. Remember “Bostonian” dress shoe brand?
Employment markets and big tech clusters don't care about municipal boundaries. It's all greater Seattle, greater Boston, greater SF (aka the Bay Area), etc.
And don't forget the two national rubber shoe companies from Malden (and into Melrose) back in the day: Boston Rubber Shoe Company (founded by Elisha Converse) and, two generations later, the Converse Rubber Shoe Company (founded by Marquis Mills Converse). Charles Goodyear first discovered the vulcanization of rubber in a village of southeast Stoneham called Haywardville- located in what is now Virginia Woods in the Middlesex Fells, though this discovery was later first extensively developed commercially in the Naugatuck Valley of western Connecticut.
One mark of a lot of people from eastern Massachusetts was the longtime use of rubber to protect footwear here. If you went to the financial district of Boston 30-40 years, you'd still see a lot of people wearing galoshes of divers sorts to protect their shoes in the winter and during rainstorms, very much including executives. The practice has ebbed as people treat shoes as disposable, but formerly New England manufactured shoes were regarded well for durability and taken care of. My parents were from New England, I certainly remember shining and trimming not only my own shoes but those of my father every Saturday, and taking them to the cobbler periodically to get half or full soles, et cet. Nowadays, it's sad to see so many men treat their shoes like crap. The proper care of shoes used to be one of the first things that might be noticed about someone.
EMC is a prime example, at least in the world of tech. Fortune 250, one of the largest and most successful technology companies on the planet.
Everyone not from New England viewed EMC as a Boston based company, even though they were west on 495 Hopkinton/Franklin.
It's the same way that the world viewed Oracle as a San Francisco company, when in reality, the corporate HQ was in Redwood City.
And EMC spun out of a development group at Data General back in the day. It's in Hopkinton because the original team used to work in Westborough. An example of a critical mass of talent with subject matter expertise spawning a giant tech company. There's a reason why EMC had the most draconian anti-compete agreement on the planet and enforced it. Their roots were an enormous talent raid on a strong development group at another company.
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