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After
37 years of software innovation and growth, MEDITECH
recently broke new ground in a more literal sense, laying
the foundation for its sixth facility in Fall River,
Massachusetts. A ceremony, held on September 21st, was
attended by MEDITECH's senior management team, as well as
Fall River officials and representatives from the
Massachusetts Development Finance Agency and the
Massachusetts Department of Business and Technology.
MEDITECH
currently operates five facilities located in the
Metro-Boston area, where technology jobs are plentiful and
housing costs are high. But the decision to build a new
facility in Fall River, an area hit hard in recent years by
the decline of U.S. manufacturing, was simply common sense
to Chairman & CEO A. Neil Pappalardo.
"We began this process more than a year ago, when we
first identified this terrific site," he says. "It
made sense for me to expand in Fall River, where the median
price of housing is maybe $260,000 and unemployment is
perhaps double what it is around Greater Boston, making it
easier to attract staff there."
The new building will be located at the site of the former
Kerr Mill, which was destroyed by fire in 1987, putting some
1,000 people out of work. Fall River Mayor Edward Lambert
was quoted at the groundbreaking as saying, "this is
the most exciting economic development the Fall River area
has seen in decades."

The
120-square-foot building will eventually employ 600 people,
adding to company's current roster of 2,500. For now,
MEDITECH is renting office space at South Coast Research and
Technology Park in Fall River, with a staff of approximately
60 people. The company is expected to maintain this presence
in the area until the new building is ready to be occupied
in late 2007.
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