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Greater Worcester

Cornerstone Bank’s chief information officer to retire

Veteran Cornerstone Bank employee Thomas Dufresne will retire from his position as executive vice president, chief information officer following a 27-year career with the Worcester institution.

Biopharma industry claims sector could grow Mass. economy by $1B over five years if stalled economic development bill is passed

The biopharma sector could grow the state's GDP by $1 billion over the next five years, though the head of an influential trade group says that boost is contingent on the Legislature approving public aid for the life sciences that's hung up in a stalled economic development bill. 

Report: $5.2B Mass. housing law will lead to relatively modest increase in investment

Lawmakers and Gov. Maura Healey are optimistic that a major increase in borrowing authorization will begin to chip away at a statewide housing affordability crisis, but a new report warned that the actual spending impact could be smaller than the bond bill's bottom line.

Milford Regional Medical Center officially joins UMass Memorial system

Milford Regional Medical Center is officially a member of Worcester healthcare provider system UMass Memorial Health.
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Former St. Gobain campus redevelopment granted $2.6M for infrastructure upgrades

The U.S. Department of Commerce has awarded a $2.6-million grant to support infrastructure improvements at the site.

New home construction has fallen 40% in Greater Worcester since 2008, with 2023 representing a 10-year low

Last year saw 1,349 privately-owned housing units housing permits issued in Greater Worcester, the fewest number of permits issued since 2013.

Worcester seeks to add 10K jobs by 2030 as City releases five-year strategic plan

The City of Worcester has released its five-year strategic plan, a document seeking to guide the city’s operations and development through fiscal 2029 and calls for the creation of 10,000 jobs over the next five years.  

Steward CEO resigns as Markey calls for accountability from firm’s senior leadership, private equity investor

The oft-maligned Ralph de la Torre is headed for the exits at Steward Health Care, resigning Tuesday as CEO of the company he founded here in 2010.
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🔒Q&A: Harrington’s journey took her from Manhattan to Harvard to Bowditch

Harrington joined Bowditch in 2022 after starting off her legal career in the public sector.

Movers & Shakers for Sept. 30, 2024

Central Massachusetts professionals are being hired and promoted at organizations including bankHometown, Vision Advertising, and Webster Five.
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