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Fitchburg

Workers Credit Union long-time CEO Doug Petersen retires

The second-largest credit union in Central Massachusetts, Littleton’s Workers Credit Union, will have a new leader, as longtime President and CEO Doug Petersen retired on Friday.

MassDevelopment expands clean energy financing program to include new construction

MassDevelopment has expanded its Property Assessed Clean Energy Massachusetts program, once available only to existing buildings, to include new construction projects.

Construction complete on new Downtown Fitchburg apartment complex

The redevelopment of Downtown Fitchburg continues with the completion of a 44-unit mixed-income development at 10 Main St. The project also has 8,400 square-feet of commercial space on the first floor.

Fitchburg library receives additional funding to offset rising cost of $40M renovation

The Fitchburg Public Library will receive $1.5 million from the Massachusetts Board of Library Commissioners to help offset rising construction costs on the $40-million construction and renovation project.
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Fitchburg State signs transfer agreement with German sister-city university

Students at Fitchburg State University will soon be able to complete a bachelor of arts in international business at Rhein-Waal University of Applied Sciences in Kleve, Germany.

🔒Late spring: The bottom has dropped out of the single-family housing market, but real estate agents see things warming up

The first half of 2023 was a difficult one for home buyers and for real estate agents as single-family home sales cratered and home prices plateaued high above pre-COVID levels.

🔒Waiting game: After early 2023 rocked the financial system, Central Mass. bankers are staying the course toward an uncertain future

After the first half of 2023 rocked the banking world and as uncertainty clouds the economic future, Central Mass. bankers are staying the course.

National Grid grants $100K to North Central chamber to support small businesses

Waltham-based utility National Grid will donate $800,000 to eight chambers of commerce in Massachusetts, including $100,000 to the North Central Massachusetts Chamber of Commerce in Fitchburg.
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UMass Memorial plans closure of Leominster maternity ward amid protests

UMass Memorial Health intends to shut down its maternity ward at the HealthAlliance-Clinton Hospital, Leominster Campus this fall. Legislators and the nurses union oppose the proposal.

Movers & Shakers for May 29, 2023

People are on the move at ERA Key Realty, Cunningham Equities, and more Central Massachusetts businesses.
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