FY18 Award: Development Loan, $500,000
STARC Systems is a fast-growing, innovative building materials manufacturer in Brunswick. MTI has been part of the STARC Systems story from the beginning. In fact, the two co-founders met at an MTI event. Now in a high-growth phase, STARC has hired more employees, increased the quality of its highly competitive benefits package and is bringing Maine-made building products to the national and international stage.
“If you look at all the ways MTI is fostering the entrepreneurial community, they’re really putting a stake in the ground around innovation.”
-Bruce Bickford, COO & Co-Founder, STARC Systems
The most recent award from MTI allowed STARC to purchase more machinery to increase capacity and add an additional manufacturing shift. This directly led to hiring staff for these high-quality manufacturing jobs. Like MTI, STARC is committed to quality jobs in the state and provides a competitive benefits package for their employees and seeks to improve it each year. STARC expects to employ 25 people for its manufacturing team by the end of 2019.