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Banking & Finance

Maynard school-to-housing project receives $3M from Clinton Savings Bank, MassDevelopment

An effort to convert a historic Maynard schoolhouse into a 12-unit, mixed-income apartment building has received $3 million in loan financing.

Ashland life sciences firm granted $2M from Bill & Melinda Gates Foundation

The Bill & Melinda Gates Foundation, a nonprofit addressing inequities on a global scale, has extended its reach to Central Massachusetts, awarding Ashland-based BioSurfaces a $2.06 million grant.

Bollus Lynch merges with other long-time Worcester accounting firm

“While we are excited to offer our clients many new benefits, we’re also pleased to have the continuity of our entire team being part of this merger,” Maryann Copeland, co-managing partner of Singer & Lusardi, said.

BJ’s to raise membership fees for the first time in seven years

BJ’s Wholesale Club shoppers can soon expect to see an increase in their yearly billing statements as the Marlborough-based retailer plans on raising membership fees in the new year.
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Gov. Healey signs long-awaited $4B life sciences, climatech bill into law

Gov. Maura Healey spent months clamoring for lawmakers to finish work on a sweeping jobs package she filed in March, and she wound up needing only about 60 percent of the time allotted for her review before making it law.

Milford Regional annual gala breaks fundraising record

The Milford Regional Healthcare Foundation has raised $1.3 million for hospital renovations through its annual Mélange Gala and Live Auction, setting a record for the event’s 20-year history.

Interest-rate relief leads to rise in Central Mass. home sales, as median price tops $400K in Fitchburg

With the October sales increase, Massachusetts is now on track to slightly eclipse the total sales seen in 2023.

Boston Scientific completes $3.7B purchase of California bowel dysfunction company

Boston Scientific, a Marlborough medical device manufacturer, has officially closed its acquisition of Axonics Inc. after entering into a purchase agreement in January. 
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Assumption University names former WPI controller as new chief financial officer

Assumption University in Worcester has appointed E. Jane Clapp as its new vice president for finance and administration and chief financial officer.

Mass. launches tax incentive for businesses hiring National Guard members

Massachusetts businesses hiring members of the National Guard will now receive a $2,000 tax credit as part of the state’s initiative to expand economic opportunities for those serving in the military. 
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