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Greater Worcester

World Energy appoints new board members following investor’s request

Worcester-based energy procurement firm World Energy Solutions said it has appointed two new, independent members to its board of directors, increasing the size of the board from five to seven members, under an agreement with its investor, asset management firm Ardsley Advisory Partners.

CEO: UMMMC adjusting to higher costs, declining caseload

The CEO of Central Massachusetts' largest health-care provider says government and business need to come together to push down rising health insurance costs.

WPI receives $1M to study green fire safety

Worcester Polytechnic Institute (WPI) has been awarded $1 million over the next three years to study the fire hazards and risks associated with green building elements.

Clinton Savings opens branch at Tahanto

Clinton Savings Bank has opened a new in-school branch at Tahanto Regional High School in Boylston.
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Unemployment rises in Central Mass.

Unemployment in Central Massachusetts jumped significantly in January but is down from January of last year, the Patrick administration said today.

Restaurant chain expanding to Shrewsbury

A national restaurant chain specializing in noodles from around the globe, as well as sandwiches, salads and soups, is expanding into Massachusetts and New Hampshire, beginning at White City Shopping Center in Shrewsbury, the chain, Noodles & Co., announced.

WBDC loans $1.8M to new businesses

The Worcester Business Development Corp. said two companies establishing operations in Central Massachusetts have taken out nearly $1.8 million in loans from the agency.

Moody’s downgrades UMass Memorial again

For the second time in less than three months, UMass Memorial Health Care has received a credit downgrade by Moody's Investors Service. Moody's cited ongoing challenges in UMass's core operations, including declining admission volumes and “constrained” revenue growth, as reasons for the downgrade.
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QCC to receive $500k for STEM activities

Quinsigamond Community College (QCC) will receive a $500,000 grant for their engineering, science and technology center, the school announced.

WPI to receive $2.1M to improve army vehicles

Worcester Polytechnic Institute (WPI) will receive $2.1 million over the next two years to develop more effective and durable army vehicles and systems.
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