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Greater Worcester

🔒Q&A: Marlborough fire protection firm makes Inc. 5000

Platinum Fire was founded in 2010 by Robert Pereria, who built his career in fire protection systems. In the wake of the Great Recession, businesses started to reemerge, and construction became revitalized, opening the door for new structures in need of fire protection systems.

Movers & Shakers for Sept. 2, 2024

Employees at Leominster Credit Union, MetroWest Medical Center in Framingham, and Mirick O’Connell in Worcester are making strides in their careers.

🔒Acquiring S&G: The road to acquisition for a leading Central Mass. accounting firm centered growth and core values

More than four decades after opening their Worcester accounting firm S&G LLP in 1980, Carl Goldstein and Terry Shepherd knew it was time for a change.

🔒Why a Boston firm wanted Bowditch’s lawyers

Three entrenched Worcester law firms received news of a new challenger arriving from the east in July, when high-profile, Boston-based Prince Lobel Tye announced it would open a Worcester office, convincing about a dozen Bowditch lawyers to join the firm in the process.
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🔒Time away from work: No longer limited to the higher ed industry, sabbaticals are becoming more common among business executives

An extended leave enables people to find their identities and focus on personal health, something they can not do in shorter chunks of time off, according to a lecturer at Harvard Business School.

🔒Hospital closure impact: As the final days for Nashoba Valley Medical Center ticked down, a community forsees a looming healthcare crisis

For this rural Massachusetts area, the hospital’s closure will mean extended ER wait times at neighboring hospitals already pushing capacity, quadrupled ambulance turnaround times, and ultimately, the potential collapse of a healthcare system already spread thin.

Central Mass. nonprofits receive cut of $8.5M in capital funding for early education facilities

Three Worcester County nonprofits have been awarded a combined $1.49 million in capital funding to refurbish their early education and out-of-school time program facilities predominantly serving low-income families. 

Former Helfand’s Deli, Sahara Restaurant site sold for $1.2M

The former site of both Helfand's Deli and the Sahara Restaurant in Worcester has been sold for $1.2 million. 
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IPG Photonics sells Russian assets for $51M, ending 34-year presence in country where it was founded

Marlborough-based IPG Photonics Corp., a global laser manufacturing company founded in a Moscow basement laboratory in 1990, has sold its remaining assets in Russia, citing the impact of ongoing sanctions related to the country’s invasion of Ukraine.

Steward Health finalizes four of six Mass. hospital sales

Steward Health Care has signed "definitive agreements" to sell four of the six Massachusetts hospitals it has been working to offload since filing for bankruptcy in May.
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