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Banking & Finance

Wall Street firm gives highest-possible rating to Town of Hopkinton

The Town of Hopkinton said it has maintained its AAA bond rating from S&P Global Ratings. 

Marlborough construction firm acquired by Ohio company

J. Lee Associates, Inc., a Marlborough company providing construction services for the wireless communications industry, has been acquired.

Former Uxbridge town accountant sentenced for stealing $900K

A man who formerly served as an accountant for the town of Uxbridge was sentenced to three years in jail for stealing more than $900,000 from multiple municipalities in Central Mass. South.

Movers & Shakers for May 30, 2022

Milford Federal Bank, UniBank, UMass Memorial Health, and GFA Federal Credit Union are among those with recent hires and promotions.
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ReWalk Robotics revenue drops in first quarter

ReWalk Robotics reported decreases in revenue and losses in the first quarter, driven in part by COVID-related processing limitations.

Fitchburg packaging manufacturer acquired by Midwest firm

A Fitchburg company producing high-precision molding for medical and consumer packaging has been acquired by a Michigan-based industrial technology company.

Venture Forum to host five-minute pitch competition at BrickBox Theater

Aspiring entrepreneurs from Central Massachusetts will have the opportunity to pitch their idea in front of a live audience on May 31 to seek additional funding for their start-up venture.

MBI incubator to expand again, following $7M Briden St. purchase

Massachusetts Biomedical Initiatives will break ground Wednesday morning on an expanded biomanufacturing center in Worcester after purchasing the property for more than $7.1 million.
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Bank of America raises its minimum wage to $22 per hour

Bank of America announced on Monday it is raising its minimum hourly wage to $22 an hour, a move likely to affect the rate of pay at other financial firms in Massachusetts and across the state.

Movers & Shakers for May 16, 2022

Among the organizations making recent hires and promotions are Fidelity Bank, Berkshire Bank, UMass Memorial Health, and AdCare Hospital.
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