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Hopedale board rescinds support for Draper factory revitalization project 

An Urban Renewal Plan aimed to redevelop a vacant 1-million-square-foot factory in Hopedale is now in limbo after a partial court settlement in a lawsuit brought by the property’s owner. 

Fallon reports $1.3M second-quarter profit

Fallon Health brought in $1.3 million in operating income in the second quarter, the Worcester health insurer announced Thursday.

Marijuana cultivator & retailer propose Framingham operations

Proposals for two Framingham cannabis-related developments, a 112,000-square-foot cultivation facility and a retail store, are seeking city permitting approval.

Health insurers Tufts, Harvard Pilgrim to merge

Tufts Health Plan and Harvard Pilgrim Health Care on Wednesday announced plans to combine their two organizations into a new company that will serve nearly 2.4 million members.
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Medical device firm to expand in $6.9M Northborough facility

STERIS Corp., a surgical device firm, has paid $6.9 million for a building next to its existing Northborough facility for a planned expansion.

State: Overcrowding in hospital ERs leads to increased violence

Overcrowding of hospital emergency departments has become a major factor in safety problems or potential ones, according to a new Massachusetts government report.

Telegram lays off longtime columnist McFarlane, several others

The Worcester Telegram & Gazette laid off a longtime columnist and several other employees Tuesday roughly a week after its parent company announced a potential agreement for a major acquisition to create by far the media industry's largest company.

N.Y. firm pays $44M for Central Mass. senior living centers

A New York investment firm has bought five Central Massachusetts senior living facilities as a new investor partner with facility operator Benchmark.
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Westborough firm begins $33M Mississippi Air Force project

NORESCO, a Westborough energy efficiency and infrastructure firm, has begun work on a solar-power system at a U.S. Air Force base in Mississippi as part of a larger efficiency project.

Biz groups bracing against push for tax increases

Citing the state's recent economic performance, a tech sector business organization focused on state tax policy said the state's fiscal disciple is improving, but warned of long-term stability risks if the state pursues "over taxation."
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