Marlborough, MA is rapidly becoming known as a small city with a competitive edge. The Boston Globe Magazine named Marlborough among its 2016 Game Changers—the only community on the list of 46 “innovators, who had the leadership, vision and determination to make a difference in the lives of people.”
The main drivers of Marlborough’s economy are the large regional, national and global headquarters of leading corporations, including GE Healthcare Life Sciences, Boston Scientific, Quest Diagnostics, Sunovion, Hologic, SanDisk, TJX Companies, Raytheon and many more major companies from the life sciences, manufacturing, high tech, financial services, and other industries. Still, small and local businesses—service providers, small manufacturers and retailers—make up the majority of Marlborough’s business community and provide a strong base for the local economy.
Through the Marlborough Economic Development Corporation, the city continues to aggressively focus on economic development and community revitalization, with an eye on improving the quality of life and stabilizing the residential tax rate. As of 2015, approximately 2,450 business establishments in Marlborough provided 31,434 jobs and generated annual sales estimated at roughly $3.6 billion.
There are a dozen banks located in Marlborough, MA, three of which are headquartered in the city—Marlborough Savings Bank, St. Mary’s Credit Union and Digital Federal Credit Union, which is one of the largest employers in the city. Founded by local shoe barons as a way for their factory workers to save money, Marlborough Savings Bank is the city’s oldest bank, having celebrated its 350th anniversary in 2010. MSB recently constructed a new headquarters in the downtown area, adding tremendous value to the city. Here are the banks currently doing business in Marlborough:
256 Maple Street, Marlborough, MA • 508-303-0330
Bank of America
223 East Main Street, Marlborough, MA • 508-485-8768
190 Boston Post Road West, Marlborough, MA • 508-485-8903
601 Donald Lynch Boulevard, Marlborough, MA • 508-303-0737
96 South Bolton Street, Marlborough, MA • 508-485-5003
322 Maple Street, Marlborough, MA • 508-303-3399
Digital Federal Credit Union
800-328-8797 • 508-263-6700
220 Donald Lynch Boulevard, Marlborough, MA
279 East Main Street, Marlborough, MA
865 Donald Lynch Boulevard, Marlborough, MA
Marlborough Savings Bank
81 Granger Boulevard, Marlborough, MA • 508-481-8300
71 Boston Post Road East, Marlborough, MA • 508-460-4142
People’s United Bank
234 East Main Street, Marlborough, MA • 508-229-0800
RTN Federal Credit Union
451 Boston Post Road East, Marlborough, MA • 508-480-0500
181 Main Street, Marlborough, MA • 508-485-2898
St. Mary’s Credit Union
866-585-7628 • 508-490-8000
46 Lizotte Drive, Marlborough, MA
133 South Bolton Street, Marlborough, MA
133 West Main Street, Marlborough, MA
1 Northborough Road, Marlborough, MA
133 East Main Street, Marlborough, MA • 508-786-9720
Marlborough’s most enviable asset is its uniquely central location. Positioned at the heart of Massachusetts with direct access to major interstate highways, and close proximity to regional rail services and international airports, the city serves as a destination for thousands of commuters from all over New England. Many companies locate their offices in Marlborough specifically because it offers them access to a highly skilled regional labor pool.
Logan International Airport – 40-minute drive from Marlborough
Worcester Airport – 35-minute drive from Marlborough
Manchester-Boston Regional Airport – 55- minute drive from Marlborough
T.F. Green Airport, Providence – 65- minute drive from Marlborough
Marlborough Airport – in community
I-495 – the outer beltway around Boston
I-290 – a continuation of I-395, connecting I-495 in Marlborough to Worcester, MA
U.S Route 20 – a coast-to-coast east-west highway that spans 3,365 miles across the country
Route 85 – a Massachusetts north–south highway that runs parallel to I-495 through Boston’s MetroWest region
Marlborough Also Has Easy Access To:
I-90 (Mass Pike) – the longest transcontinental freeway in the U.S., running from Boston to Seattle
Route 9 – a major east–west Massachusetts state highway that offers a toll-free alternative to I-90
LOCAL BUS SERVICE
The MetroWest Regional Transit Authority (MWRTA) provides bus service for the City of Marlborough, connecting it to Framingham and Southborough, as well as various local points of interest, including the Marlborough Hospital, Solomon Pond Mall and the Post Road Shopping Center.
COMMUTING TO BOSTON
Commuter rail service to Boston and Worcester is available in Marlborough’s neighboring towns of Southborough and Westborough.
In 1836, Samuel Boyd, known as the “father of the city,” opened the first shoe manufacturing business in Marlborough. By 1890, with the establishment of The Frye Boot Company, the city was a major shoe-manufacturing center, producing footwear for Union soldiers and local citizens. This continued well into the 1970s, when the Rockport Company was founded in the city.
In the 1980s, manufacturing gave way to high technology and other specialized industries. With the construction of the Mass Turnpike and Routes 495 and 290 opening up easy access to the city, Marlborough solidified its position as the crossroads of New England.