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Sterling fiber optics manufacturer Fiberoptic Components LLC has changed its name to Innofiber.
WBJ is conducting its annual Economic Forecast survey, gauging readers' opinions about what 2023 will bring. Those who fill out the survey by Dec. 19 will be eligible to win one of three $50 gift cards.
As the cost of leased housing has risen and wages have stayed relatively stagnant, the portion of Worcester renters who are overburdened by the cost of their homes has risen to 51%.
People are on the move at MutualOne Bank, Friendly House, and more.
After winning a long fight to impose a surtax on the state's highest earners designed to fund education and transportation, unions and educators from across Massachusetts are making it clear that public higher education is on the top of their…
MassDevelopment made 18 grants totalling more than $1.5 million to businesses, cities, towns, and nonprofit organizations in Central Mass.
The UMass Donahue Institute’s Economic and Public Policy Research group, has completed a study exploring solutions for a worker shortage in Northern Worcester County.
A 68-unit multifamily apartment complex at 75 Groton School Road in Ayer was sold for $7.7 million.
The North Central Massachusetts Development Corp. granted $10,000 to the City of Fitchburg for the development of pop-up shops for local artisans, crafters, and entrepreneurs.
Herlihy Insurance Group, Workers Credit Union, Community Foundation of North Central Massachusetts, and UMass Memorial Health are among the Central Mass. organizations with recent hires and promotions.
In April 2020 during the onslaught of the COVID-19 pandemic, the United States lost 20.5 million jobs, skyrocketing unemployment to 14.7%, according to the U.S. Bureau of Labor Statistics. During the next few years/years, reflecting a tight labor market, wages increased while the remote workforce more than tripled. Today, with some employers making a renewed push for employees to be back in the office, many current and potential employees still want the flexibility to work from home, along with other benefits.
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.
Sign upWorcester 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.
SubscribeWorcester 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.
See Digital EditionStay 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.
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 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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