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Fitchburg

State picks Plainville for slots license

The state gaming commission has picked Plainville over Leominster and Raynham for the one slots parlor license mandated in the 2011 gambling expansion law.

CMass life science firms land $1.54M in tax breaks

Four life science companies in Central Massachusetts received a combined $1.54 million in tax incentives to create 87 jobs in 2014, the Massachusetts Life Sciences Center (MLSC) announced Wednesday.

Unitil attributes higher earnings to natural gas demand

Unitil Corp., which provides power to business and residential customers in Ashby, Fitchburg, Lunenburg and Townsend, reported earnings of $21.6 million for the year, and $10.3 million for the fourth quarter which ended Dec. 31, representing respective increases of $3.5 million and $1.3 million.

Enterprise Bancorp reports 9% annual net income growth

Lowell-based Enterprise Bancorp Inc., which has branches in Acton, Fitchburg, Leominster and Westford, reported annual net income of $13.5 million for 2013, a 9-percent increase over 2012, in a milestone year for loan growth, according to an earnings statement.
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Renewable energy contract promises North Central Mass. savings

Manufacturers based in North Central Massachusetts will now have new access to renewable electricity, thanks to a new contract between the North Central Massachusetts Development Corp. (NCMDC) and Nugen Capital Management LLC to generate net metering credits from a new solar facility to be built in Lunenburg.

Arrhythmia Research Announces Stock Closing

Fitchburg-based Arrhythmia Research Technology Inc. announced the closing of its offering of notes and warrants to purchase $500,000 in common stock.

Fitchburg Names New Economic Development Chief

An expert in business revitalization will become Fitchburg's director of economic development and chief marketing officer next week.

Arrhythmia Revenue Dips; Quarterly Loss Plunges

Arrhythmia Research Technology of Fitchburg saw a 4.7 percent drop in revenue for the third quarter, but substantially cut its losses as the medical device manufacturer touted several victories from July through September, the company said today.
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Athol Area, North Central United Way Groups To Merge

The Athol Area United Way will become part of the United Way of North Central Massachusetts, bringing together two key charitable-giving organizations that serve the northern swath of Central Massachusetts.

UMass Memorial Plans Layoffs Amid Loss Projection

UMass Memorial Health Care is bracing for layoffs as well as other cost-cutting measures in the face of a projected $57-million operating loss for its recently completed fiscal year.
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