Forty years ago, the U.S. was a global leader in manufacturing semiconductors and microelectronics. We not only invented the technology, we invested in research and produced 40% of the world’s chips. Today, the U.S. makes just 10%.
It is no longer an added benefit to have and sustain a diverse workforce; it is a necessity in our ever-growing, ever changing national and global economy.
It may be every small business owner’s dream: attract the attention of a major company and get acquired for millions of dollars. But before too many dollar signs start dancing in owners’ heads, they need to take some critical steps, or else their business dreams could easily turn into nightmares.
I am often contacted by aggrieved homeowners, who have retained a home improvement contractor and find themselves in a difficult situation: Project deadlines have past, costs have soared, and phone calls are unanswered.
Groton Hill is the largest arts and culture nonprofit in Central Massachusetts, with more than $181 million in assets, according to its 2021 filing with the U.S. Internal Revenue Service.
With this April 3 edition, we arrive at another set of awards, the third of five WBJ will publish this year. The Manufacturing Excellence Awards remains our only sector-specific award and honors accomplishments in one of the foundational industries in Central Mass.
The federal government responded to the failures of SVB and Signature Bank by wiping out their shareholders and replacing their management. Those moves punish the appropriate parties without creating the moral hazard of incentivizing risky behavior in the future.Â
There’s much to love about what Central Massachusetts venues and attractions have to offer businesses, visitors, and residents. They may not jump out at you the way Boston or Cape Cod do, but this region’s offerings have substance and plenty to explore.