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Cover for issue 20251103

WPI, MBI to lead creation of $5.2M biomanufacturing hub

Two Worcester biomanufacturing leaders are teaming up to establish a $5.2-million bioindustrial manufacturing tech hub as part of a larger Massachusetts initiative to strengthen regional innovation ecosystems.

Long-awaited social consumption rules could be voted on in December

Social consumption sites were envisioned under the 2016 marijuana voter law but have yet to launch.

🔒New England-style bistro opens in Westborough plaza

The restaurant replaces Tavolino Italian Gourmet, which operated in the space for more than a decade before abruptly closing in February.
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Healey touts state as safe haven for investors from federal uncertainty

Speaking at the Thomas Menino Convention Center, Healey said her administration has worked to ensure Massachusetts remains "rock solid" amid federal headwinds. 

Voting open for WBJ’s 2026 Best of Business awards

The BOB awards recognize the best business-to-business companies in Central Massachusetts: those dedicated to excellence and delivering exceptional products.

🔒Marlborough tech firm acquires two AI companies, plans to build data center in India

Mere days after launching its subsidiary Keen Labs, Marlborough-based green tech company ConnectM Technology Solutions has acquired two new companies to support production lines under a newly created division.

🔒Aspen Aerogels stung by EV market downturn, taking $6.3M loss in third quarter, as new CFO takes over

Citing the downtown in the United States’ electric vehicle market, Aspen Aerogels said it is looking to continue diversifying into other markets.

🔒Developer plans restaurant, 44 apartments in historic Downtown Worcester building

Formerly known as the Waldo Street Police Station, the site is listed on the National Register of Historic Places.

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Unions skeptical of potential Healey plan to offer buyouts to state employees

Asked about the buyouts, Healey spokesperson Karissa Hand did not explicitly confirm that the governor's considering the option. 

🔒Worcester voters back non-binding ballot question calling for City to tap into universities’ endowments

The question asked voters if they supported requiring private colleges and universities to invest 0.5% of their endowments annually into a community impact fund.

Care Central VNA & Hospice selects new hospice medical director

Home healthcare provider Care Central VNA & Hospice has selected a professor at UMass Chan Medical School’s Springfield campus to serve as the Gardner-based organization’s new hospice medical director.

🔒German manufacturer consolidates U.S. operations into new large Shrewsbury HQ

German manufacturer Physik Instrumente has opened a new U.S. headquarters in Shrewsbury, part of an attempt to improve its operations in the Americas and adapt to tariffs.

House to tackle elder home care reform on Wednesday

The House plans to consider an elder home care reform bill during its formal session Wednesday, Speaker Ron Mariano said Monday.

🔒Worcester investor pays $17.4M for New London apartments portfolio

Worcester-based Baystate Investment Fund acquired the properties.
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Latest Poll

Will Worcester's incoming City Council be friendlier to businesses?

Worcester’s Nov. 4 municipal election saw the city reelect Mayor Joseph Petty for his eighth consecutive term in addition to some shake ups on the Worcester City Council. While at-large councilors incumbents Petty, Khrystian King, Kate Toomey, and Morris Bergman were reelected, the council welcomed new member Satya Mitra and former councilor Gary Rosen. Additionally, the five district city council members elected were former councilor Tony Economou, newcomer Robert Bilotta, newcomer John Fresolo, incumbent Luis Ojeda, and newcomer Jose Rivera.

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Regional News

Blackstone Valley

From the Editor: WBJ launches data-rich INSIGHTS special edition

This entire edition is anchored by graphics, charts, and lists full of historical and current data on the most pressing economic indicators for our business community.
Central Mass. South

🔒Money on the sidelines: Real estate is having a rough year, but premium properties are still catching the attention of investors

Uncertainty seems to be the overarching theme of business in 2025, and commercial real estate has been no exception.
MetroWest

Southborough high-end car insurer acquired by large New York firm

Hayden Wood Insurance Agency in Southborough, a firm with a specialty in insuring collector cars and motorsport vehicles, has been acquired by New York-based financial firm.
North County

🔒Running out of retail: Second-generation restaurant spaces are driving demand in Central Mass. retail real estate

Todd Alexander, an executive vice president at Worcester real estate brokerage Kelleher & Sadowsky Associates who focuses on the retail sector, has been busy...

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