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Fitchburg

Movers & Shakers for March 2, 2020

MassEcon, the Family Health Center of Worcester, the Massachusetts Board of Higher Education, Reliant Medical Group, the Mass. Chapter of the National Academy of Elder Law Attorneys, and Central One Federal Credit Union all saw personnel moves.

🔒Fitchburg business leaders have come together to save St. Bernard’s school

A group made up largely of alumni has come together to ensure the school will stay open, even as it will no longer receive financial support from its longtime formal tie with the Roman Catholic Diocese of Worcester.

Leominster-Fitchburg apartment complex sells for $23M

Town & Country Apartments, a 248-unit complex on the Fitchburg-Leominster line, has sold for $23 million.

Fitchburg Rep. Hay not running for re-election

After just two full terms in the House, Rep. Stephan Hay does not plan to seek re-election in 2020, an apparent change of plans that makes him the tenth incumbent and ninth House Democrat to announce they'll retire at the end of the year.
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Fitchburg, Worcester share in $2M urban development grants

Fitchburg has received $100,000 and Worcester $95,000 to help spur economic vitality in city neighborhoods.

WBJ Podcast: Listen to all the episodes of The Weekly Business Report

Worcester Business Journal publishes a podcast every Monday called The Weekly Business Report, a forward-looking news segment designed to make Central Massachusetts business professional informed about what is going to happen in the local economy.

🔒The Boardroom Gap III: Central Mass. has regressed in the percent of women in business leadership

A 2019 WBJ investigation into the gender breakdown of the leadership at 75 Central Massachusetts prominent business organizations found 35% were women, an increase from 33% in 2018. This year, the percentage went backward.

BankHometown re-elects chairman and vice chairman to its board

Steven Duvarney, 52, of Lancaster has been re-elected as chairman and Brian Galonek of Sturbridge as vice chairman to bankHometown's board of directors.
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🔒Despite questions on Opportunity Zones, high-profile efforts have emerged in Worcester & Fitchburg

Congress enacted the Opportunity Zone program three years ago to provide tax incentives for investment in low-income communities. But will investors seize the opportunity?

Fitchburg family growing marijuana advocated for decriminalization over three generations

In 2017, Revolutionary Clinics Co-founder Ryan Ansin launched his cultivation facility in Fitchburg at the family’s 135-year-old factory. The 32-year-old entrepreneur talked with WBJ about the challenges and opportunities facing the budding industry.
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