When her predecessor retired last year, Karen Chapman had already been well established at the Corridor Nine Area Chamber of Commerce, having been its vice president for 12 years. At the time of her promotion, the chamber's chairman said Chapman has “a keen understanding of Corridor Nine's past, as well as proven experience in bringing innovative and visionary ideas for the future.”
United Bank has announced it will close branches in Northborough and Whitinsville as part of a restructuring that will save it approximately $3 million annually, the Connecticut-based bank said.
Three area companies were among seven in New England that paid penalties ranging from $3,000 to $9,500 to the U.S. Environmental Protection Agency (EPA) last month to settle claims that they violated federal laws meant to prevent oil spills, the agency said.
Despite what it said were high vacancy rates in the area, Greater Boston Commercial Properties (GBCP) recently brokered leases for seven properties in the MetroWest area.
The real estate arm of America's largest mutual life insurance company purchased warehouses in Northborough and Franklin for $50.54 million.
Deed records indicate that Reep-Ind, affiliated with New York Life Real Estate Investors, bought the fully occupied buildings at 55 Lyman St. in Northborough and 20 Freedom Way in Franklin on July 24 from The Realty Associates Fund, an affiliate of Boston-based TA Associates Realty.