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The Boston Globe

Business

UMass says building projects will boost economy

The University of Massachusetts on Thursday hailed the sale of $284 million in construction bonds as a boost to the state economy, saying the building projects the bonds will fund on all five campuses will be “a catalyst for innovation and economic development.”

Bonds sold this week will help fund projects with a collective price tag of $1.2 billion, including the new Emerging Technologies and Innovation Center at UMass Lowell and a biomanufacturing facility at UMass Dartmouth expected to open this summer.

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