Economy

The lab is expected to open for more than 250 employees in early 2028, the Healey administration said. The Marlborough site will consolidate existing facilities in Maynard and Sudbury under one roof.

The 20-member committee will be led by UMass Chan Trustee David Brunelle, co-founder and managing director of Worcester-based North Pointe Wealth Management. 

Ascend Elements has signed a memorandum of understanding with a firm based in China to explore potential collaboration in Europe.

Senecal joined PeoplesBank, parent company of Worcester-based Cornerstone Bank, in 1995. Cornerstone and PeoplesBank completed the $6-billion merger of their parent companies in February.

Gas in Worcester County has risen 5 cents from last week’s price of $3.06.

Ed Manzi has announced his retirement as Chairman & CEO of Fidelity Bank, after having led the Leominster-based financial institution for over 28 years.

Ernst replaces interim chief operating officer Kathy Mills, who filled the role in January following the retirement of longtime RFK executive Cindy Wing.

Stimpson, who worked in Worcester for Morgan Stanley at 100 Front St. from 2008 to 2012, is now planning on expanding one of his businesses into Central Massachusetts.

The past few years have seen some lessening of the national CPA shortage, but local experts warn not to be so hasty in declaring the crisis over, especially in Central Massachusetts.

Its first programming since its official launch in June, Auxilium’s three-month accelerator program is designed to help early startups.