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Milford

Movers & Shakers for Feb. 20, 2023

People are on the moved at Fidelity Bank, GFA Federal Credit Union, and Waters Corp.

Waters Corp. to acquire California medical tech company for $1.4B

Waters Corp. in Milford plans to acquire light scattering technology company Wyatt Technology Corp. for $1.36 billion in cash. The deal is expected to close in the second quarter of 2023.

Hopkinton apartment complex sold for $82.5M

A Hopkinton apartment complex sold on Monday for $82.5 million to a Boston investment firm.

Two more Central Mass. Bed Bath & Beyond stores to close

Two Central Massachusetts locations of Bed Bath & Beyond were among 149 to be shuttered in the latest round of closures announced by the company on Tuesday.
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Rockland Trust names new CEO

Rockland Trust Co., which has nine branches in Central Massachusetts, and its parent company Independent Bank Corp. appointed Jeffrey Tengel as the new CEO, replacing Christopher Oddleifson, who has been serving in the position for 2003.

🔒The beer challenges of 2023

Beer has become big business. In Massachusetts, the industry supports more than 14,000 employees and, according to the Brewers Association, had an economic impact of more than $1.6 billion in 2021.

🔒WBJ’s editorial staff predicts these 10 news events will happen in 2023

Every December, the WBJ Editorial staff predicts possible news events for the coming year. Here are our predictions and why they will happen.

UMass Memorial reports $38M loss in FY22

UMass Memorial Health Care, Inc. in Worcester reported a $38 million operating loss in fiscal 2022.
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Worcester County home sales down 35% while price hikes slow

The number of Worcester County home sales saw a 35% decline year-over-year in November while there was a 30% decline in the number of sales statewide, as Massachusetts prices hit their lowest level of increase in two years.

Converted mill in Gateway Park resold at 130% price increase after five years

An 87,564-square-foot office building and associated parking lots in Worcester were sold for $18.3 million on Friday, according to the Worcester District Registry of Deeds.
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