Framingham

Central Massachusetts has experienced a decrease in unemployment rates from February to March as the four local metropolitan areas reported on by the Massachusetts Executive Office of Labor and Workforce Development all saw drops. 

Overall, this $6.9-million pool of funds will be used to redevelop or rehabilitate 37 homes across the state. 

Current rules require two employees to be in any vehicle that is transporting cannabis, but commissioners voted in December three to one to approve a change to eliminate that requirement. Business owners are waiting for the commission to formally rewrite and approve the regulations, a process that has taken four months.

Prospective home buyers in Central Massachusetts are still largely dealing with record high prices and limited inventory, as the average cost of a home purchase in Middlesex and Worcester counties is up around 10% in the last year. 

Jeffrey Thomas has been named as the new chief financial officer of the Massachusetts market of Tenet Healthcare. 

People are moving up at Cornerstone Bank, the Marlborough Economic Development Council, and bankHometown.

An industrial flex building in Holliston has been sold for $3.15 million to Quilling Card, a Framingham-based producer of greeting cards.

Ameresco has entered into a $140-million contract to build a biogas cogeneration facility for the Sacramento Area Sewer District located at the EchoWater Resource Recovery Facility near Elk Grove, California. 

The Massachusetts unemployment rate in February fell for the second month in a row, after a slight uptick to end 2023.

The price of single-family homes in Central Massachusetts continues to climb, as median sales prices increased again in Worcester and Middlesex Counties during February. This is largely a continuation of trends seen in January and during the whole of 2023.