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Boston Business Journal 40 Under 40: Tim Cummings

BOSTON BUSINESS JOURNAL – When Tim Cummings took the job as executive director at the Marlborough Economic Development Corp. in January 2012, he knew he had his work cut out for him.

The MetroWest city had been reeling from the departure of heavyweight anchors such as Hewlett-Packard and Fidelity Investments. Marlborough had just developed a new master plan to help fill some of those empty spaces, and it would be Cummings’ job to ensure that plan didn’t just sit gathering dust on a bookshelf somewhere.

Boston Business Journal 40 Under 40 honoree Tim Cummings

After two-and-a-half years, Cummings has made significant progress, with a number of key victories. There was Boston Scientific’s decision to relocate its headquarters there from Natick, and Framingham-based TJX’s move to expand dramatically in the city. Quest Diagnosticsis consolidating its New England operations in Marlborough, and GE Healthcare just announced that it would move its U.S. headquarters to the same property where Quest has set up shop.

 

Cummings is quick to share the credit for this success. He says these big companies wouldn’t be expanding here if not for the combined efforts of the city’s political and corporate leaders to market the city and make it business-friendly, including the aggressive use of local property tax incentives. His organization is essentially an arm of city government, largely funded by local hotel taxes, with a board stacked with many of Marlborough’s prominent executives.

“My office is only as successful as the city leadership, coming together to work in unison,” he said. “No individual in my type of position … wants to work where there’s too much controversy or too much differing opinion. Smaller communities that can’t come together and work cooperatively can’t reap the benefits.”

This article originally appeared here.