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

Charlton auto dealership sold to partnership backed by $2M WBDC small business loan

Worcester Business Development Corp. has added Butler GMC to its Small Business Administration 504 Loan portfolio.

Health Care

Southborough firm buys Northborough nursing home property for $6M

Alliance’s existing facilities are located in Marlborough, Templeton, Braintree, Brockton, Foxborough, Peabody, Quincy, and Wrentham.

Economy

Milford cannabis cultivation facility closing, 157 workers impacted

A cultivation facility owned by what was once considered to be one of the most prominent cannabis...

Banking & Finance

Avidia Bank fully completes transition to public company, begins trading on NYSE

Shares began trading at an initial price of $10, climbing to around $14.30 as of late Monday morning.

Arts & Entertainment

New $84M youth athletic academy at former Bose campus in Stow to be site of USA Fencing center

A former Bose Corp. campus in Stow is set to be the site of an $83.8-million private boarding academy focused on developing students into elite athletes.

Arts & Entertainment

Hanover Theatre taking over management and programming of JMAC

The change in control was made following votes of approval last year of the boards of both the Hanover and WCC.

Energy

Westborough energy firm lands $252M contract for Army depot upgrades

Equipment maintained and repaired at the site includes M1 Abrams tanks and Stryker armored fighting vehicles.

Manufacturing

Chacharone buys Northborough flex building for $8.4M

The two-story building was sold for $8.4 million by an entity managed by AllCare Plus Pharmacy.

Banking & Finance

bankHometown consolidating Webster branches

The country has lost about 1,646 bank branches every year since 2018, according to credit-building platform Self Financial.

Real Estate

Worcester elderly apartments sold for $17M to Tennessee firm

Housing Preservation is a Memphis-based organization that acquires and preserves affordable housing communities originally developed by the U.S. Department of Housing and Urban Development.

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