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.

Diversity & Inclusion

Worcester uses $500K Polar Park settlement to launch grant program for minority- and woman-owned construction firms

The City of Worcester is offering grants of up to $25,000 for certified minority- and woman-owned businesses to help expand their capacity for contracting opportunities.

Health Care

Gardner optics manufacturer to move HQ to Littleton, receives $1.3M tax credit

Medical and defense optics manufacturer Precision Optics is relocating its corporate headquarters from Gardner to a larger site at the King Street Common mixed-use development in Littleton.

Banking & Finance

Commonwealth Fusion inks $1B power deal with longtime shareholder after $863M fundraising round

After inking a similar deal with Google in June, Commonwealth Fusion has signed a power purchase agreement with a longtime investor.

Economy

Aspen Aerogels hires Braintree executive to lead HR, compliance efforts

Deegan joins the firm from Altra Industrial Motion, a Braintree-based manufacturer of power transmissions.

Diversity & Inclusion

🔒Preparing for disaster: With nonprofits teetering following federal cuts, the United Way has set aside $500K for the next crisis

Realizing federal cuts will impede nonprofits’ ability to respond in time of crisis, the United Way of Central Massachusetts launched the United Response Fund in August.

Arts & Entertainment

🔒A gathering place for marijuana: Designed to diversify the industry, cannabis cafes are close to reality, although the finances are challenging

Law enforcement and some municipal voices have called for strict regulations for consumption sites. But advocates warn overregulating these businesses will make them stiff and sterile, killing their viability and leaving social equity participants out in the cold

Health Care

Milford medical office park near hospital sells for $4.1M

The building is 76% occupied with 12 tenants, including Milford Regional Medical Center, Metrowest Oral Surgery, and Asthma & Allergy Physicians.

Health Care

Ascentria Care Alliance to move Worcester HQ to downtown

The new 24,615-square-foot facility will be located at 18 Chestnut St. in a building owned by Commerce Associates of Worcester, part of a larger effort to establish the building as a nonprofit center.

Nonprofits

Businesses paint the town green in support of Big Brothers Big Sisters campaign

A number of Central Massachusetts businesses are finding ways to feature the color green as part of the Paint the Town Green campaign in support of Worcester-based Big Brothers Big Sisters of Central Mass & MetroWest.

Environment

Marlborough startup opens new research lab

The lab, located at 260 Cedar Hill St., will serve as a hub for the company’s research efforts as it works to convert carbon dioxide into degradable, high-performance polymers.

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