Archive for the ‘Boston’ Category

Spotlight on Business in Boston

February 12th, 2015

The city of Boston has histrorically had a reputation for its international ports and its textile manufacturing industry. Manufacturing in general has dropped in the US over the years, however while the textile manufacturing industry still remains very strong in Boston, other industries have become more dominant in the last 20 years, and Boston continues to be a viable economic center that is still experiencing growth.

Major Industries in Boston

The economy in Boston has seen a shift away from textile manufacturing and more towards technology manufacturing and service industry jobs. The major industries in Boston can be broken down into the urban industries and the suburban industries. In the city of Boston itself, the primary industries are finance and professional services. The city also contains much of Boston’s technology manufacturing as well.

The suburban areas of Boston rely primarily on technology manufacturing and national defense. The outlying areas of Boston are populated with a wide variety of skilled technical workers and military bases. Read the rest of this entry »

Boston’s Most Famous Business Men and Women

July 5th, 2012
Famous Family Members of the Boston Brahmin

Boston has long been famous for political personalities and the changes they brought about in America as a whole. Another group has also brought notoriety to this city throughout its history. These families began as the Boston Brahmin, a group of influential industrialists who formed the city’s philosophical atmosphere.

The Adams family was one of these families. Charles Francis Adams IV was born in Boston, graduated from Harvard in 1932 and attended Harvard Graduate School of Business Administration. In later life he was awarded honorary degrees from Bates College, Northeastern University, Suffolk University and Tufts University. He spent his working life in industrial electronics and was the first president of the Raytheon Company.

Boston’s Lowell family was another of the Brahmins. The Honorable John Amory Lowell became first Treasurer of both the Merrimack Manufacturing Company and Boott Cotton Textile Mills. He acted as Director of the Winnipiseogee Lake Cotton and Woolen Manufacturing Company. Lowell was a Fellow of the American Academy of Arts and Sciences and Harvard College. He was a member of the Linnean Society of London and Harvard honored him with an LLD. His financial acumen and high intellect allowed the Lowell Institute to flourish, supporting celebrated personalities in science, literature, politics, economics, theology and philosophy. Read the rest of this entry »