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Central Mass. South

🔒2021 Power 50: The most influential people in the Central Mass. economy

Power dynamics in the Central Massachusetts business community made two major shifts in 2021, due to the two major events upending the entire global community.

Primerica to acquire senior health insurance distributor for $600M

Primerica, Inc., a Georgia-based financial-services company with several outposts in Central Mass., including Oxford and Millbury, plans to acquire 80% of Florida firm e-TeleQuote Limited, a senior health insurance distributor of Medicare-related insurance policies for $600 million.

🔒Movers & Shakers for April 26, 2021

People are on the move at Community Harvest Project, Nichols College, Country Bank and more.

Webster Five hires Springfield banker as chief information officer

Webster Five Cents Savings bank has hired Kathryn Megraw as senior vice president and chief information officer, the Central Mass. South financial institution announced on Wednesday.
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Baker Administration awards $1.1M to Central Mass. regional programs

The Gov. Charlie Baker Administration has awarded $1.1 million to Central Massachusetts municipalities and nonprofits as part of a new Regional Pilot Project Grant Program aimed at helping bolster economic recovery by supporting uniquely regional challenges, according to a Thursday announcement. 

Landmark Brookfield restaurant buys site in auction

The Clam Box, a landmark restaurant on Route 9 in Brookfield, now owns the land where it had long leased. Tim Dugas and his wife, Cynthia, bought the site at 53 S. Maple St. in an auction April 12 for $310,000.

State board gives positive reviews to UMass Memorial-Harrington acquisition

The Massachusetts Health Policy Commission will not conduct a detailed review of market costs for a proposed merger between UMass Memorial Health and Harrington Hospital, based on preliminary findings the deal isn't likely to lead to additional costs for patients.

Nichols surpasses fundraising goal at $66M

When Nichols College launched a fundraising campaign in 2015, it set a goal of $45 million. It surpassed that in just two years, and six years later, the campaign is wrapping up with a total of $66 million.
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IPG billionaire nearly doubled his net worth last year

Valentin Gapontsev, founder of Oxford laser manufacturer IPG Photonics, is worth $2.8 billion, according to the 2021 Forbes billionaire list, which circulated last week.

🔒Movers & Shakers for April 12, 2021

People are on the move at Summit ElderCare, Cornerstone Bank, Quinsigamond Community College and more.
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