Monica Benevides

Energy

Ameresco secures $43M Coast Guard contract for California microgrid

Clean energy company Ameresco, headquartered in Framingham, announced on Tuesday it has entered into a $43-million energy performance contract with the U.S. Coast Guard for a battery energy storage system project at Training Center Petaluma in California.

Diversity & Inclusion

Renaissance Medical Group teams up with Worcester Housing Authority for meals program

Renaissance Medical Group of Southbridge, a healthcare company specifically focusing on the region’s Latino population, announced on Monday it is teaming up with the Worcester Housing Authority to launch a new meal delivery program for WHA residents.

Banking & Finance

🔒Facing a labor shortage, employers in low-wage industries may be forced to raise their salaries

When employers set wages, a lot of factors go into the decision. They ask themselves a variety of questions, including what they can afford, what is industry standard, what’s the market rate for the position, and, in some cases: Is this a living wage?

Outstanding Women in Business: For Wu, neurology is a puzzle

For Stacy Wu, MD, vice president and head of global central nervous system clinical research at Sunovion, the switch from clinical practice to clinical research was all about impact.

Outstanding Women in Business: Shaw-Reid brings balanced leadership to biologics

Cathryn A. Shaw-Reid, Ph.D. did not find her way to her position as vice president of global drug substance biologics operations at Bristol Myers Squibb by accident.

Manufacturing

Central Mass. collaborative workspaces receive $209K in state grants

Collaborative workspace in Central Massachusetts cumulatively received more than $209,000 in grants through the latest round of funding from the state’s Collaborative Workspace Program.

Health Care

Boston Scientific to acquire Canadian medical device company for $1.75B

Marlborough medical device manufacturer Boston Scientific announced on Wednesday it has entered into an agreement to buy Baylis Medical Company Inc. for an upfront payment of $1.75 billion.

Banking & Finance

Bank of America raises its minimum hourly wage to $21

Bank of America, which is the largest bank in Central Massachusetts when ranked by deposits, announced on Wednesday it has raised its U.S. minimum hourly wage to $21.

Hospitality

Wormtown taps Tree House officer manager as first-ever company president

Wormtown Brewery in Worcester named in August the first-ever president in the company’s 12-year history, former Tree House Brewing Co. officer manager Kimberly Golinski.

Manufacturing