Greater Worcester is a good place for businesses to operate, but a looser regulatory environment could make the region even better, especially in the face of an increasingly competitive global marketplace, according to four business leaders who engaged in a panel discussion Wednesday morning.
The owner of Polar Beverages' warehouse properties in Worcester and Auburn has sold them to Gramercy Property Trust Inc. (NYSE:GPT), a real estate investment trust, for $21.5 million, according to Massachusetts land records.
Worcester-based Polar Beverages has entered into a new distribution partnership with the maker of energy drink Xenergy, the company, Las Vegas-based Xyience Xenergy, announced this week.
Worcester-based Polar Beverages has landed a five-year distribution agreement with a California beverage provider for one of its products, according to a statement from that company.
Announcing the first major initiative under new leader, Timothy Murray, the Worcester Regional Chamber of Commerce said it plans to raise $1.2 million for business development in the region over the next two years.
About half a year after a dramatic debate over whether to expand the state's bottle deposit law, a group backed by the food and beverage industry is seeking to scrap the whole deposit law in favor of a new recycling program.