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.
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.
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.
As leaders, they ably represented two of Central Massachusetts’ longest-running institutions: each intricately tied to Isaiah Thomas. One turned his bequeathed library into the world’s preeminent repository of pre-20th-century print materials in what is now the United States. The other invoked the patriot printer’s name for its annual award to citizens who serve Worcester with distinction.
Like so many of the nation’s indoor shopping centers, the Galleria slowly died over the 20 years after it opened. Today, the former mall space is known as CitySquare.
Tracking Central Massachusetts tourist locations’ decisions and challenges – and how they handled them over the last three decades – is an exercise in business strategy. How do you get people to keep coming to your attraction?
They say you can't judge a book by its cover. But newspapers — what choice do you have? Here are some of the best, most interesting, most important, most impactful — and hopefully most enjoyable — Worcester Business Journal covers over the last 35 years, starting with the first one.
Central Massachusetts is a region that likes to wax nostalgic about bustling main streets and tight-knit mill communities. A lot has changed over the decades, with shifts in the way people do their shopping, the decline of traditional manufacturing, and the rise in tech industries. And our communities have shifted with the times.
In 2016, 53.6% of Massachusetts voters cast a ballot in favor of legalizing marijuana like alcohol, kicking off the creation of an industry that has so far led to more than $6 billion in sales.
The proliferation of artificial intelligence and home health care, and the introduction of delivery drones are just some of the tools expected to change the future of medicine in Central Massachusetts and beyond.
It’s been 35 years since Worcester Regional Airport saw its passenger traffic peak when 354,000 travelers passed through the airport’s terminal in 1989.
The coming years aren’t just about attracting laboratory and white-collar workers. More opportunities and training options will be needed for the region’s immigrant and lower-income populations to thrive.
As the biomanufacturing sector continues to expand into a wide range of applications, billions of dollars are being spent on biomedical research, targeting diseases and improving patient outcomes with technology.