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Gardner

🔒WBJ Hall of Fame inducts three new members

Four years ago, WBJ created its Hall of Fame, designed to recognize businesses professionals who have made significant contributions to the Central Massachusetts community and economy over their lifetimes.

Precision Optics increases revenue 89% and losses 337%

Gardner optical equipment manufacturer Precision Optics reported a second-quarter revenue increase of 89%, but losses topped $500,000 amid stock-based compensation.

Fitchburg, Gardner get $100K for remediation 

Two Central Massachusetts share in more than $2.6 million in Massachusetts Brownfields Redevelopment Fund awards to support the environmental cleanup of three contaminated parcels.

San Diego investment firm buys Gardner Price Chopper property for $11M

The property housing a Price Chopper grocery store in Gardner has been bought for $11.4 million by a San Diego investment firm.
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🔒Leading healthcare organizations in Central Mass. cutting total executive pay

Faced with declining patient discharge numbers and seeing a chance to pare costs that didn’t directly affect patients, UMass Memorial Health Care leaders in Worcester made a tough financial choice to cut much of its executive ranks.

Telegram’s parent $1.4B purchase of USA Today publisher to be final on Tuesday

The shareholders of the two largest U.S. newspaper publishers – including the Worcester Telegram & Gazette and the MetroWest Daily News – approved their planned $1.4-billion purchase, the companies jointly announced Thursday.

Olympia Sports to close five Central Mass. stores

Olympia Sports has begun the closing sales of 76 stores with $44 million in inventory, including five in Central Massachusetts, as the acquisition of the Maine company by sports retailer JackRabbit moves forward.

Wellesley equity firm buys majority of Gardner biotech

Gardner biomanufacturer New England Peptide has received a majority recapitalization from Wellesley private equity firm Ampersand Capital Partners, as the company sets its sights on continued expansion.
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Abandoned Central Mass. homes set for rehab in $7.5M state program

Five towns central Massachusetts towns hit hard by foreclosures after the 2008 recession stand to benefit from a multi-agency program that aims to rehab blighted properties, incorporating energy efficiency measures, and to sell the newly-efficient homes to low- and moderate-income families.

Precision Optics’ 2019 revenue up 69%, but losses worsen

Gardner optical equipment manufacturer Precision Optics said its fourth quarter and fiscal year revenue each rose by at least 63%,
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