North Central Massachusetts Development Corporation approves financing for Butler Machine and Prototype in Gardner
The North Central Massachusetts Development Corporation (NCMDC), the economic development arm of the North Central Massachusetts Chamber of Commerce, recently approved $70,000 in financing to Butler Machine and Prototype, located at 400 Matthews Street in Gardner. The funding will support the purchase of various pieces of equipment, tooling and working capital while also creating one job with two additional jobs planned within the next year. NewVue Communities of Fitchburg assisted with the development of the company’s business plan.
Founded by David Butler, Butler Machine and Prototype is a custom machine shop for small lots and prototype design for machine shops. A graduate of Montachusett Regional Vocational Technical High School, Butler earned a two-year apprenticeship certificate and has worked at various machine shops gaining professional and leadership experience over the past 30 years. Most recently, he worked for a machine company prototyping and fixturing for medical devices.
“With over 30 years of experience as a Class A Machinist and more than 15 years of experience as a tool and die maker in metal stamping and cold metal framing, I am excited to bring my years of knowledge and experience to my customers,” said Butler. “With the collaboration of the North Central Massachusetts Development Corporation and NewVue Communities, I am able to do what I love to do while achieving the dream of entrepreneurship.”
As a microloan lender, NCMDC can provide loans to small businesses up to $250,000 for working capital, real estate, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project.
For more information about the NCMDC loan programs, please call 978.353.7607 or visit NorthCentralMass.com or ChooseNorthCentral.com.
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