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After private equity buyout, fifth-generation leader exits L.S. Starrett Co. as new executive leadership team takes over

The Athol company will be led by someone outside the Starrett family for the first time in its 145-year-old history.

Movers & Shakers for Feb. 24, 2025

Professionals at Fletcher Tilton, ERA Key Realty Services, and Clinton Savings Bank are taking on new opportunities in their careers.

Worcester County single-family home median price nears $440K, as trends continue

The new year has yet to bring any relief to prospective Central Massachusetts homeowners.

Athol floral shop employee purchases business with $150K NCMDC loan

A veteran employee of the former Brooks-MacMannis Florist and Greenhouse in Athol has purchased her long-time employer.
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Joann to close three Central Mass. locations as part of second bankruptcy in a year

Fabric and crafts retailer Joann will shutter four of its Central Massachusetts locations in the latest development of the strained Ohio-based company’s ongoing bankruptcy proceedings. 

Commonwealth Fusion inks nuclear tech deal with Tennessee firm

The agreement will allow Type One Energy to access demonstrated technologies while expanding the market for CFS’ magnet business.

Central Mass. unemployment rose in December, remained higher than in 2023

Central Massachusetts ended 2024 with increased unemployment in December and rates higher than the same time in 2023.

UMass Memorial sought to buy shuttered Nashoba Valley Medical Center for new ER, but the hospital’s property owner declined

UMass Memorial Health’s first choice to open a standalone emergency room to partially replace the shuttered Nashoba Valley Medical Center was to purchase the closed facility.
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🔒Movers & Shakers for Feb. 10, 2025

Employees at Dean College, Bowditch & Dewey, and Milford Regional Physician Group are advancing in their professional careers.

Shirley-based manufacturer to open Devens office, R&D space after $720K purchase

“We're thrilled to be expanding our operation to Devens and look forward to becoming a part of this exciting community filled with innovative business leaders,” Jonas Angus, TPE Solutions president, said in the release.
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