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North Central United Way, Community Foundation CEO to retire

Philip Grzewinski, the head of both the United Way of North Central Massachusetts and the Community Foundation of North Central Massachusetts, will step down this summer.

Aubuchon Hardware to buy and close Lynde Hardware in Gardner

Aubuchon Hardware said Tuesday it is acquiring and closing the only store operated by Lynde Hardware & Supply Inc., a family-owned operation purchased by the Drake family in 1982.

Biomedical Polymers could double production in Sterling

Biomedical Polymers and its division BMP Medical has officially opened its 80,000-square-foot facility in Sterling after moving from Gardner.

Precision Optics losing $425K for the year despite 82% Q2 revenue bump

Optical instrument manufacturer Precision Optics said it raised quarterly revenues by 82 percent and 65 percent through two quarters, but the company was not able to turn a profit.
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Rome Furniture in Gardner to close, sell 60K-sf building

A 74-year-old furniture store in Gardner is selling its 60,000-square-foot building as the company is going out of business.

Central Mass. communities have different philosophies for tax breaks

A Worcester Business Journal investigation shows a broad range of practices in how communities use — or don't — tax breaks for development.

GFA first in Mass. to offer marijuana banking services

GFA is the first to serve the state's recreational marijuana industry, putting the institution at the forefront of a market with tens of millions in sales.

CCC issues 100th marijuana license

Marijuana regulators licensed the 100th cannabis business in Massachusetts on Thursday and voted to move three retail stores closer to being allowed to open their doors.
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Central Mass. officials pushing federal opportunity zones incentive

For neighborhoods in Central Massachusetts overlooked by developers, there's a potential salvation: a new federal tax incentive program.

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