Aved Electronics, a New England maker of custom battery packs and electro-mechanical assemblies, has traded its smaller Billerica base for a far larger footprint in Lowell, shifting its U.S. operations into a roughly 80,000-square-foot facility and planning to add 76 jobs as part of the expansion. The company will keep about 172 positions in Massachusetts as it relocates from the Billerica site.
New Lowell Facility at 1001 Pawtucket Blvd
Aved’s new home base is 1001 Pawtucket Boulevard in Lowell, listed at roughly 79,000 to 80,000 square feet, configured for battery assembly, engineering and testing. Those project details appear in a recent Boston industrial market report by Cresa.
State Incentives and Job Commitments
The move was signed off through the state’s Economic Development Incentive Program, which provided $1,125,000 in tax credits and was paired with a roughly $75,000 permitting-fee waiver from the City of Lowell to support the relocation. According to the Massachusetts Office of Business Development, Aved plans to invest about $5 million in the project and committed to creating 76 new full-time jobs while retaining 172 existing positions in the state.
Hiring Push Already Underway
Aved has been recruiting locally as it prepares the Lowell site, and its name showed up on the Greater Lowell job fair roster this spring. The company has also posted openings for NPI and Tulip application developer roles tied to its Lowell operations. The job-fair listing and the company’s hiring notices are visible on the Greater Lowell job fair page and on LinkedIn, signaling hiring for both engineering and production roles.
Local Economic Angle
City and regional officials have framed the relocation as a solid win for industrial reuse and steady manufacturing payroll in Lowell, which has been working to attract advanced manufacturers into renovated mill and flex space. The relocation and hiring plan were first reported by the Boston Business Journal, which outlined the company’s job commitments and facility details.
Company Background
Aved supplies battery packs and interconnect assemblies for medical devices, robotics and industrial customers and was acquired by Lithion Power Group in 2019, part of a broader consolidation in battery-supply chains. The acquisition and ownership history are documented in the company’s 2019 transaction announcement via PR Newswire.
For Lowell, the payoff comes if those promised manufacturing and technical roles actually land in the city as Aved brings the new facility online. The company’s immediate recruiting will show whether the announced positions translate into hires in the city, and Aved’s job postings and local workforce reports will be the place to watch as the site ramps up to full production.
