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F & M Tool & Plastics president sells property in $25M leaseback deal

A corporation registered to the co-founders of Concord’s Arris Partners, LLC has purchased two properties, comprising 16 acres, along Pioneer Drive on the Leominster, Lunenburg border from the president of F & M Tool & Plastics, Inc. in Leominster for $25 million.

L.S. Starrett profits dropped 4.2% in fiscal 2022, as sales rise

Athol tool manufacturer The L.S. Starrett Co. reported $14.9 million in net income for the fiscal year ending in June 2022, down from $15.5 million in the fiscal year ending in June 2021.

Following Insulet resignation, no Central Mass. public companies are led by a female CEO

When Shacey Petrovic stepped down as CEO of Acton medical-device company Insulet in May for personal reasons, she left Central Massachusetts without a single public company headquartered here, traded on NASDAQ or New York Stock Exchange, with a woman as CEO.

Heywood Healthcare property The Quabbin Retreat in Petersham sold for $3.3M

The Petersham location of Gardner-based Heywood Healthcare’s addiction treatment facility The Quabbin Retreat has sold to development company, Waterstone Properties Group, Inc. of Needham for $3.3 million, according to the Worcester District Registry of Deeds.
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Greater Worcester unemployment remains flat at 3.7%

The Worcester Metropolitan Statistical Area seasonally unadjusted unemployment rate remained at 3.7% in July.

Fitchburg Redevelopment Authority improves energy efficiency at Putnam Place

The Fitchburg Redevelopment Authority replaced 300 light fixtures with LEDs at its business center, Putnam Place in Fitchburg, which along with other changes will save 113,000 kilowatt hours annually.

🔒WBJ announces the 40 Under Forty, Class of 2022

Central Massachusetts is brimming with young talent, as scores of people have achieved much in a relatively short period of time, while scores more have the potential to do great things.

🔒Movers & Shakers for Aug. 22, 2022

Among the companies with recent hires and promotions are MAPFRE USA, Central One Federal Credit Union, Country Bank, and Rollstone Bank & Trust.
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Care Central VNA names first chief clinical & development officer

Gardner-based Care Central VNA & Hospice, Inc. has named Kristin Mattson to the new position of chief clinical and development officer.

Gannett layoffs hit smaller Central Mass. newsrooms, MetroWest Daily

Gannett, the nation's largest newspaper chain and owner of Worcester’s Telegram & Gazette, Framingham’s MetroWest Daily News as well as several other local papers, has laid off personnel across its publishing empire.
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