Central Mass. South

Finest Trees LLC, owned by Worcester property developers, Rebecca and Daniel Yarnie, has applied to open a cannabis dispensary in Oxford.

The Worcester Housing Authority, along with its non-profit affiliate Building Futures Inc., broke ground on a 24-unit residential building, called A Place to Live, aimed at housing members of Worcester’s homeless population.

The Quinsigamond Community College Foundation in Worcester received a pledge of $20,000 over four years from Worcester’s Cornerstone Bank to help advance the college’s offerings at its Southbridge location.

Seattle online retailer Amazon is closing its Milford facility at 8 Industrial Road, along with four other Massachusetts facilities in Dedham, Everett, Randolph, and Mansfield, according to a statement by Amazon spokesperson Caitlin McLaughlin, received by WBJ on Friday.

When Shacey Petrovic stepped down as CEO of Acton medical-device company Insulet in May for personal reasons, she left Central Massachusetts without a single public company headquartered here, traded on NASDAQ or New York Stock Exchange, with a woman as CEO.

Central Massachusetts is brimming with young talent, as scores of people have achieved much in a relatively short period of time, while scores more have the potential to do great things.

Among the companies with recent hires and promotions are MAPFRE USA, Central One Federal Credit Union, Country Bank, and Rollstone Bank & Trust.

Product lines created by IPG Photonics have been acquired by a California company in an all-cash transaction. 

Gardner-based Care Central VNA & Hospice, Inc. has named Kristin Mattson to the new position of chief clinical and development officer.

Profits at IPG Photonics fell by 18% in the second quarter, and the Oxford fiber lasers manufacturer said it is launching a new, $300 million stock repurchase program.