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Worcester City Council to debate proposals for 2025 property tax rates

Last year, the council voted to enact a commercial, industrial, and personal property tax rate of $30.04 per $1,000 assessed valuation for 2024.

Movers & Shakers for Dec. 9, 2024

Employees at Milford Regional Physician Group, bankHometown, and Vision Advertising are moving up in their careers.

🔒How to set a fundraising record: Q&A with Milford Regional

On Nov. 2, the Milford Regional Healthcare Foundation raised $1.3 million at its annual Mélange Gala and Live Auction, the most the foundation had ever raised in the event’s 20-year history.

🔒The next strategic plan: With a new board chair, Family Health Center of Worcester looks to sustain its financial recovery while ensuring quality, equitable...

Spiliotes comes into the volunteer role as the community health center has just emerged from a financial crisis and is looking to forge a strategic plan for a sustainable future.
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Insulet awarded $450M from federal jury in intellectual property dispute with Korean firm

Insulet, an Acton medical device manufacturer, has been awarded $452 million in total damages by a federal jury.

Worcester nonprofit starts urban mushroom farm to address food insecurity

Taking a unique approach to addressing the mounting issue of food insecurity throughout the state, Worcester-based nonprofit Southeast Asian Coalition of Central Massachusetts has launched an urban mushroom-growing farm.

State higher ed board seeks to keep up funding momentum with more investments

"It's important that we focus our resources and concentrate on things that are going to have an impact," said Commissioner of Higher Education Noe Ortega during Tuesday's Board of Higher Education meeting.

Project New Hope granted $50K as this year’s Neighborhood Champion from Bank of America

Project New Hope in Worcester has been named among this year’s Neighborhood Champions by Bank of America for the nonprofit’s work supporting veterans in Central Massachusetts.
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IPG Photonics acquires German laser firm for $75M

IPG Photonics Corp., a global laser manufacturing firm headquartered in Marlborough, has acquired German firm cleanLASER for approximately $75 million. 

For Giving Tuesday, WBJ’s Giving Guide offers list of Central Mass. nonprofits

Looking to participate in this year’s GivingTuesday by giving local? WBJ’s 2024 Giving Guide includes a comprehensive list of all Central Massachusetts nonprofits with more than $500,000 in annual review.
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