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North County
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Unemployment 30% or higher in some Worcester, Fitchburg neighborhoods
Grant Welker August 10, 2020The recession has erased roughly 24 years of job growth in the Worcester area. Some neighborhoods, particularly in Worcester and Fitchburg have been hit especially hard, with unemployment rates estimated at 30% or more.
Leominster’s Rye & Thyme to close, be replaced by Fix Burger Bar
Monica Benevides August 10, 2020Rye & Thyme, an upscale comfort food restaurant stationed in the heart of Leominster’s downtown, will not reopen following a closure began in March due to the coronavirus, Niche Hospitality Group of Worcester announced. Instead, it will be…
Wheelabrator buys Fitchburg trash, recycling facility for $1M
Grant Welker August 7, 2020A 7.5-acre trash and recycling facility in Fitchburg has sold to a waste-to-energy company with a facility in Millbury.
Gardner hotel faces fines after wedding, reception events host 500 people in violation of COVID-19 restrictions
Grant Welker August 6, 2020The Colonial Hotel in Gardner allegedly held two events last weekend exceeding Massachusetts state guidelines meant to keep people safe during the coronavirus pandemic.
Revolutionary Clinics slapped with $120K fine, probation
State House News Service August 6, 2020After imposing a cumulative $800,000 in fines last month, the Cannabis Control Commission slapped a $120,000 fine Thursday on a cultivator and manufacturer that sold vaporizer cartridges that exceeded allowed state limits for ethanol to marijuana…
AMSC reports another $3M loss, even as revenues rise 54%
Monica Benevides August 6, 2020Energy technology company AMSC of Ayer reported increased revenues of $21.2 million for the company’s first quarter of fiscal 2020, according to an earnings report released Wednesday, even as its net loss remained steady at $3.4 million.
Pepperell office complex receives $4.5M MassDevelopment loan
Monica Benevides August 5, 2020MassDevelopment, the state’s finance and development agency, announced Wednesday it has provided a $4.5-million loan for the continued redevelopment of Pepperell Place.
Women's Institute nonprofit opens 58-unit Devens affordable senior housing facility
A 58-unit affordable living facility has opened in Devens to seniors 62 and up.
Mass. launches financing program for business energy projects
MassDevelopment and the Massachusetts Department of Energy Resources announced last week financing is now available for funding energy improvements on commercial, industrial and multi-family buildings, as well as buildings owned by nonprofits.
Boston preservation group acquires 296-acre property in Fitchburg, Ashby and Ashburnham
Boston preservation group The Trustees has acquired the 296-acre Jewell Hill Farm, which spans Ashby, Ashburnham and Fitchburg to protect the drinking water supply, the organization announced on Wednesday.
Today's Poll
While shifting cultural norms in the business community have found hiring managers outwardly working toward hiring a more diverse staff, studies in the last few years by organizations like McKinsey & Co. and Regent University found women and people of color are promoted less frequently than their white male counterparts. This produces a dynamic where company leadership at many organizations remains dominated by white males even as the company's employees become more diversified.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
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Worcester 300, City of Innovators
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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Get the Daily Report
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
-
Subscribe
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
-
Worcester 300, City of Innovators
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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