May 15, 2023Edition

🔒Q&A: Cold Harbor stays small in the beer market, and likes it

Will Oliveira has done this largely on his own. He got financing through Hudson-based Avidia Bank and built the state-of-the-art facility the way he wanted.

🔒Editorial: Worcester steps up funding on diversity initiatives

The City of Worcester is stepping up its commitment with an important vote of support: increasing the money behind its DEI efforts.

🔒Viewpoint: Tax code is stifling R&D

The New England Council firmly believes the new R&D amortization requirement will halt and harm our region’s continued growth and leadership on the global stage.

🔒A Thousand Words: Community Healthlink closures

A state inspection of three Community Healthlink substance abuse programs led to their suspension and a halt of new admissions. Eighty layoffs are anticipated and the Worcester organization’s president is leaving her role.
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Movers & Shakers for May 15, 2023

People are on the move at UMass Memorial Medical Group, the City of Worcester, and Tighe & Bond.

🔒101: Founding a department

Like a startup, departments need a brand. Susan Shalhoub gives advice on founding a new department as a company grows.

🔒Let’s make a deal: The fine art of negotiating business acquisitions

Once companies find suitable partners for mergers or acquisitions, it may seem like the hardest parts of their business deals are done. In fact, the challenges have only just begun.

🔒10 things I know about … Financial literacy for college grads

Workers Credit Union in Littleton's James Monette offers advice for college grads.
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🔒‘Our loss is GFA’s gain’

As the third leader to take over GFA Federal Credit Union in three years, Mark Hettinger brings a track record of asset growth and technological innovation.

🔒Getting out of the kitchen: A Grafton baker found an unusual partner in growing his home business

Chuck Brown was stuck between turning his home into a full-time business or taking out loans to push the project to the next step to open a business in a commercial space. Eventually, Brown’s connections in education led to him meeting.

🔒Nonprofits battle against rising food insecurity as pandemic era assistance comes to an end

Community Harvest Project’s food donations have become more critical than ever during the COVID-19 pandemic, and they remain so now as pandemic emergency declaration-related federal and state emergency allotments end and the costs of food continue to rise.

🔒Brokers and property owners use innovative thinking in seeking to keep plazas full

Local brokers are optimistic they can fill that space as the industry experiences a post-COVID resurgence and innovative new concepts for retail space are hitting the marketplace.
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🔒From the Editor: Noah, the devourer of carbs

There’s a lot to like in hobbyist-turned-entrepreneur Chuck Brown’s quest to turn his home businesses into a sustainable retail shop, particularly because he provides a product that’s seemingly everywhere but at the same time very difficult to find in high quality.

Moderna expanding to Marlborough, investing $322M in biomanufacturing facility

Cambridge-based drug manufacturer Moderna, Inc. has purchased a 140,000-square-foot biomanufacturing facility at 149 Hayes Memorial Drive in Marlborough.
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