Eric Casey

Eric Casey covers manufacturing and real estate for the Worcester Business Journal. He previously ran Burn After Reading, an online publication focusing on the cannabis industry. He has also formerly had freelance work published in outlets including Worcester Magazine and Different Leaf Magazine. Eric is a graduate of the University of Rhode Island, where he studied history and political science. He grew up in Marlborough and is currently a resident of Worcester.

Banking & Finance

Shrewsbury apartment project receives $49M in MassHousing financing, low-income tax credits

MassHousing will provide approximately $21 million in financing to support the development of The Pointe at Hill Farms, a new 93-unit apartment complex in Shrewsbury

Technology

Southborough IT firm collaborates with Amazon to open generative AI labs

Virtusa has signed a multi-year collaboration agreement with Seattle-based Amazon Web Services to allow Virtusa to open four artificial intelligence and data labs.

Real Estate

Massachusetts again ranked 7th in most moved-out-of states

Of those leaving Massachusetts, 75.3% have annual incomes more than $100,000, but 77.1% of inbound residents also fell in this income range.

Arts & Entertainment

West Boylston pickleball facility to open in late January

RT. 12 Pickle, an indoor pickleball facility located in West Boylston, will open its door for the first time on Jan. 25.

Health Care

Acton-based drug testing company moving headquarters to Texas after turbulent 2023

After hinting at a corporate restructuring in November, Psychemedics, an Acton-based manufacturer of hair drug testing kits, has announced it is moving their corporate headquarters to Dallas, Texas.

Environment

Engineering firm Tighe & Bond expands with acquisition of Cape-based company

Tighe & Bond is expanding its reach by acquiring Cape Cod-based Coastal Engineering.

Agriculture

Tree House fires back against minority owner’s lawsuit, saying he made $850K off $10K investment

The majority owners of Charlton-based Tree House Brewing have responded to a November lawsuit filed by an individual with a minority stake in the company, claiming the passive investor has been well compensated for his initial $10,000 investment and denying allegations of wrongdoing made in his lawsuit.

Energy

Central Mass. gas prices drop further despite holiday travel, Middle East tensions

The average price for a gallon of unleaded regular gasoline on Thursday in Worcester sits at $3.19, lower than the statewide average of $3.23 and lower than this time last year, where the price in Worcester stood at $3.37.

News