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Fallon Health to expand PACE services

Worcester insurer Fallon Health announced on Tuesday it was expanding the areas of availability for its Program of All-Inclusive Care for the Elderly, or PACE, which is now available to adults in over 270 zip codes 10 counties.

Stagnant Gardner properties sell for $1M to become commercial, residential space

Two properties in Gardner’s downtown sold for $926,000 to an investment firm with a history of redevelopment projects in the city, according to a Friday release from the Gardner mayor's office.

Movers & Shakers for May 16, 2022

Among the organizations making recent hires and promotions are Fidelity Bank, Berkshire Bank, UMass Memorial Health, and AdCare Hospital.

🔒Looking back at PPP’s legacy in Central Mass.

Overall, more than 20,000 PPP loans for a total of $1.8 billion were given out to businesses across Worcester County, with more than 4,800 and $450 million of those loans going to businesses within the city of Worcester, according to data from the SBA.
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WBJ event: Manufacturers discuss meeting crises with innovation

Central Massachusetts manufacturers must rise to meet demand and the challenges of the current crisis, using innovation and partners, according to a slate of experts at Worcester Business Journal's Central Mass Manufacturing Summit & Awards event Thursday at the College of the Holy Cross in Worcester.

Fidelity Bank reports asset growth of $100M for 2021

The bank’s growth in assets mainly came from securities, which rose $84 million from the 2020 fiscal year, and net loans, which increased by $48 million.

Developers receive $315K grant for vacant Fitchburg property

MassDevelopment, the state’s economic development financing agency, awarded $315,175 to a developer planning to redevelop a vacant three-story building in downtown Fitchburg.

Three Central Mass. health centers included in $1M MassDevelopment program

Three community health centers in Central Massachusetts have been selected among 22 centers across the state by MassDevelopment for its Community Health Center Grant Program. 
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WBJ honored for history, diversity reporting among nine New England journalism awards

The New England Newspaper & Press Association has given nine journalism awards to Worcester Business Journal at part of the 2021 Better Newspaper Competition, honoring stories on the legacy of slavery in Central Massachusetts, housing discrimination in Worcester, and attempts to narrow racial and gender pay gaps.

Lunenburg apartments sell for $76M

Emerald Place, a roughly 26-acre apartment complex on Lake Whalom in Lunenburg, sold for $76 million on Friday, according to the Worcester North District Registry of Deeds.
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