When it comes to the Massachusetts tech industry, several places comes to mind – university campuses in Cambridge, Kendall Square, Downtown Boston, the Seaport. How about… Lowell?
Last week, Mass tech giant Kronos celebrated it’s 40th anniversary and the launch of its new global headquarters at the Cross Point complex in Lowell with a festive community event, complete with the UMass Lowell marching band and orange balloons galore. The company’s 1,500 employees completed the move from Chelmsford to Lowell over the summer.
The location makes sense for Kronos, which has spent it’s entire history outside of the city. Shorter commutes make it easier for employees to see their families, and rent is much lower compared to popular urban areas. And with UMass Lowell nearby, there’s no shortage of talent.
Kronos’ CEO Aron Ain, named MassTLC CEO of the year in 2016, is recognized as a pioneer in workplace management. Ain recently published an article on unlimited vacation policy in the Harvard Business Review. His $1.3 billion company, which employs more than 5,300 people across the world, reported it’s best year ever in 2016.
Read more about the launch event here. Congratulations, Kronos!