Banking & Finance

While Central Massachusetts business leaders have seen substantial diversification among small business owners in the past three decades, the same cannot be said for those among the area’s highest-paid.

How do you whittle 35 years of headlining business news down to a couple thousand words and a few pages? You don't. But here, we take our best shot to highlight the companies, individuals, and moments that left a lasting impression.

You can define success in myriad ways: holding your ground; uncompromising ambition; the relentless pursuit of excellence; steady as she goes; staying a step ahead. The one thing shared in common by the most-heralded and well-run companies Worcester Business Journal has chronicled over 35 years is a bit of all these things.

As a 1979 Holy Cross graduate, I returned to Worcester in September of 1980 to start my publishing career in advertising sales.

In its second effort in October to boost working capital, Northborough-based manufacturer Aspen Aerogels is seeking to raise $85 million by putting an additional 4.25 million shares of its stock on the market. 

The Worcester Business Development Corp., a nonprofit working to support small business owners, has granted U.S. Small Business Administration 504 loans to three companies looking to expand throughout the Northeast.  

Two Central Massachusetts life sciences companies are expanding their presence in the state, committing to a total of 130 new jobs as part of a state tax incentive program designed to bolster the life sciences industry.

Savers Bank has promoted employee Keri Gonzalez to executive vice president, chief operating officer of the Southbridge-based financial institution.

Retirement is the well-deserved break all employees strive for at the end of a hard-worked career. While that respite sounds great in concept, the reality is retirees nationwide are reversing their decision and re-entering the workforce.

Savers Bank has named Gregory Vilardo as the Southbridge-based financial institution’s new vice president and chief financial officer.