Greater Worcester

Several Central Massachusetts schools saw their endowment funds dip in fiscal year 2012, according to a study released today.

Worcester Polytechnic Institute's WPI Venture Forum has shortened its name to The Venture Forum to reflect what it hopes will be an expanded geographic reach.

The Worcester Art Museum is creating three new positions but will lay off six employees in a restructuring, as the 115-year-old nonprofit aims to broaden its audience and boost attendance.

The office markets in Worcester and the Interstate 495 area made gains in the fourth quarter of 2012, although the vacancy rate ranged between 20 and 25 percent, according to a report released today.

Nypro Inc. of Clinton is being sold to a Florida-based provider of manufactured precision plastics products for an estimated $665 million, according to a statement from that company.

Downtown Worcester has been full of development activity for the past few years, as the city focuses on revitalizing the area and moving it away from only being a bustling place during office hours.

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Columbia Tech, a subsidiary of Coghlin Cos. Inc., of Worcester, has expanded with a new facility in Westborough that adds 68,000 square feet of warehouse, distribution, manufacturing and office space, the company announced.

The owner of a Central Massachusetts limousine service has bought the Leitrim Pub on Park Avenue, according to a firm that helped broker the sale for owners Michael Coonan and Kevin Lenihan.