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Government & Politics

Worcester group calls for Commuter Rail protections amid $2B Allston project

The City of Worcester’s MBTA Working Group is calling for the city’s needs to be considered during the upcoming $2-billion Allston Multimodal Project. 
Manufacturing

Former Thermo Fisher VP joins Southborough engineering firm as COO

Block Engineering in Southborough has hired a former vice president of Thermo Fisher Scientific as its new chief operating officer.
Banking & Finance

Report: Median net wealth of Mass. families at $370K

Nearly 16% of respondents reported no wealth or "negative" wealth, in which their debts exceeded the value of their assets.
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Real Estate

🔒GFI buys 22-acre site for large planned industrial building near Fitchburg airport

GFI has been working since at least 2022 to build an industrial warehouse building at the site.
Nonprofits

Longtime Worcester business community leader passes away at 88

“We stand on his shoulders in so many ways,” Fred Misilo, Jr., president of Fletcher Tilton, said in the Tuesday statement.
Agriculture

Investment firm behind Railers, Palladium, Pulse Magazine adds executives

Beverly-based Rucker Investments, which has a substantial Worcester-based portfolio, has grown its senior leadership team.
Health Care

🔒NY firm buys site of Worcester rehab facility for $17.8M

The deal follows Vantage’s purchase of four other Central Massachusetts elder healthcare center sites from Athena for $40 million in 2022.
Health Care

UMass Memorial finalizes program transfers ahead of Community Healthlink closure

The health system is closing the affiliate due to financial and operational challenges.
Nonprofits

Two Central Mass. nonprofits granted $1M to train 122 workers

Two Central Massachusetts nonprofits received a combined $1 million in grants to boost their workforce development initiatives as part of a $5.9-million funding package.

Thought Leadership

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Career Opportunities

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Government & Politics

New home care law seeks to ensure safety for both clients and workers

The legislation directs the Executive Office of Health and Human Services to create a home care licensure structure that includes background checks and a worker's driving records if they offer transportation for clients.
Energy

🔒OPTERRA CEO: NORESCO deal driven by East Coast presence, federal work

"Part of what we liked about NORESCO is its very strong New England and East Coast presence,” Jenkins said.
Hospitality

Tennessee franchisee seeks to construct new Taco Bell in Worcester

The site was formerly permitted to be built as a Chipotle Mexican Grill location.
Banking & Finance

🔒Aspen Aerogels’ explosion cost $14.2M

The company expects to recover $8.9 million in insurance payments during the third quarter.
Life Sciences

Hopkinton’s Isto Biologics acquires Florida bonehealing firm for $60M

After being sold from one private equity firm to another in September, Hopkinton-based Isto Biologics has acquired a fellow biotech firm focused on bonehealing.
Economy

Mass. payrolls, output rise modestly as Boston CPI exceeds U.S. rate

Looking ahead, MassBenchmarks projects Massachusetts GDP growth of 2.3% in the third quarter and 2.5% in the fourth.
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Latest Poll

How has the average age of your workforce changed in the last five years?

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Regional News

Blackstone Valley

🔒McGovern Auto buys historic Uxbridge mill for $3.3M to expand municipal vehicle division

The site dates back to 1814, according to the Massachusetts Historical Commission.
Central Mass. South

Mass. biz confidence rises again amid economic anxieties

Massachusetts business confidence rose in July for the fourth month in a row.
MetroWest

🔒One year after going public, Avidia to buy back $30M in stock

About one year after its initial public offering, Hudson-based Avidia Bancorp is buying back a good chunk of its stock.
North County

British private equity firm buys Central Mass. rail line, Barre logistics site

The line is used to move waste, chemicals & plastics, and lumber products.

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Giving Guide

Discover the nonprofit organizations that have a presence in Central Massachusetts and are making a difference in our community.

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Business Profiles

Discover how Central Massachusetts's businesses and nonprofits are driving innovation, impact, and growth in our latest Business Profiles.

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