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Templeton restaurant Baldwinville Station received a $67,000 loan from the North Central Massachusetts Development Corp. to purchase the encompassing real estate of the restaurant, the small business financing organization announced Tuesday.
Fitchburg has been selected as one of three cities to be included in MassDevelopment’s Transformative Development Initiative Creative Cities program, which supports arts and culture partnerships in TDI districts.
Acton company Lyla Beauty Bar was granted a $50,000 loan from the North Central Massachusetts Development Corp. to support the purchase of new laser system equipment, the small business financing organization announced Monday.
The City of Gardner announced on Thursday it was receiving $650,000 in grants in order to help small business and economic development, using federal funds meant to provide relief from the effects of the COVID-19 pandemic.
The labor force in the Greater Worcester metropolitan area continued to grow in March, with the unemployment rate in the region dropping to 3.9%.
The move applies to all Reliant locations, which span across Worcester County and the MetroWest area. The move comes in the wake of staffing shortages at the group, a problem augmented across the healthcare industry by the COVID-19 pandemic.
Fitchburg transportation company R.A. Aldrich Trucking received a $44,000 loan from the North Central Massachusetts Development Corp. to assist with the purchase of a new semi-truck.
Bruce Platzman, the co-founder and CEO of Leominster-based furniture manufacturer AIS, will step down from his CEO role in June.
The founding director of the Museum of Russian Icons in Clinton announced plans to retire in May after more than 16 years of leadership.
The honors include Family Owned Business of the Year, Minority Owned Business of the Year, Women Owned Business of the Year, Young Entrepreneur of the Year, and Small Manufacturer of the Year.
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.
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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.
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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