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Central Mass. South

🔒The Boardroom Gap III: Central Mass. has regressed in the percent of women in business leadership

A 2019 WBJ investigation into the gender breakdown of the leadership at 75 Central Massachusetts prominent business organizations found 35% were women, an increase from 33% in 2018. This year, the percentage went backward.

IPG Photonics reports Q4 loss

A tough year is in the books for Oxford laser manufacturer IPG Photonics as the company reported a fourth quarter loss.

BankHometown re-elects chairman and vice chairman to its board

Steven Duvarney, 52, of Lancaster has been re-elected as chairman and Brian Galonek of Sturbridge as vice chairman to bankHometown's board of directors.

Harrington HealthCare to join UMass Memorial

Harrington HealthCare System has signed a letter of intent with UMass Memorial Health Care to join the hospital system, which is Central Massachusetts' largest employer.
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🔒Central Mass. colleges face admissions upheaval

An industry-wide spike in the number of applications from high school students has complicated the fine-tuned formula for figuring out which students – and how many – will ultimately enroll.

Southbridge dollar store property sells for $2M

The new Dollar Tree store in Southbridge means bargains for shoppers. For the new buyer of the property housing the store, it means a regular cash flow and an attractive purchase.

🔒Leading healthcare organizations in Central Mass. cutting total executive pay

Faced with declining patient discharge numbers and seeing a chance to pare costs that didn’t directly affect patients, UMass Memorial Health Care leaders in Worcester made a tough financial choice to cut much of its executive ranks.

Report: Home prices up nearly everywhere in Central Massachusetts

Home sellers in Framingham and Hudson were the big winners this year, according to new data from The Warren Group, the Peabody-based real estate market tracker. Sales volume and prices in both communities have risen for the first 11 months of this year compared to 2018.
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Auburn, Dudley car dealership properties change hands

Land parcels home to auto dealerships in Auburn and Dudley have sold for more than $10-million combined. The separate deals took place at Prime Ford Auburn and McGee Toyota in Dudley.

After hitting $45M, Nichols expands fundraising goal to $66M

After two brothers who serve on the college's board of trustees offered millions more if their donation was matched, Nichols is expanding its Securing a Legacy of Leadership campaign.
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