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Greater Worcester

Movers & Shakers for Aug. 21, 2023

A number of local companies have announced new hires and promotions, including bankHometown in Oxford, SALMON Health and Retirement in Milford, NAI Glickman Kovago & Jacobs in Worcester, and Rollstone Bank & Trust in Fitchburg

🔒The high cost of delivering babies: Leominster maternity center battle part of national struggle

The saga over the proposed closure of the Leominster maternity center is part of a national struggle beset by doctor shortages, rising maternal morbidity, and money-losing operations.

🔒A dedicated scientist’s dedication to DEI

Mary Munson, a UMass Chan Medical School professor, is an accomplished scientist and a champion for women in science.
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🔒Branding the sky: Developers and tenants find value in putting their names on Worcester office buildings

Worcester has a hodgepodge of branded office towers resulting from the shifting office market, acquisitions, and a move to work-from-home policies.

State adjusts approach to new housing in MBTA communities

The state on Thursday gave more flexibility to cities and towns required to have at least one zone in which denser, multi-family housing is permitted, but also expanded the list of state grant opportunities that can be denied to any town that does not comply with the law meant to spur badly-needed housing production.

Report: Mass. near bottom of pack for housing production

Massachusetts lags behind 40 other states when it comes to increasing its housing stock, a new report said this week, and the pace of new construction last year was just barely ahead of where it was in the depths of the pandemic in 2020.

Record Mass. jobless rate sinks even lower

The Massachusetts unemployment rate dipped even lower in July after establishing a record low point in June.
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Hanover Insurance promotes veteran executive to division president

The Hanover Insurance Group in Worcester promoted Charles Hamann to the role of president of small commercial.

Three Central Mass. multifamily complexes sold in massive $360M affordable housing deal

Utah real estate giant The Bridge Investment Group has acquired six Massachusetts multifamily developments, including two in Marlborough and one in Shrewsbury from Virginia-based Harbor Group International, totaling 1,722 units.
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