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» Evergreen Quarterly Loss Hits $98M (posted Today at 11:29am)
Evergreen Solar Inc. said it lost $98.1 million in the fourth quarter compared to a $53.8 million loss in the same period a year ago and a $82.4 million loss in the third quarter.
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» And The Winner Is… (posted Today at 11:27am)
Google's "search on" ad and Denny's series of ads featuring the screaming chickens tied as the most valuable ads, according to respondents to the WBJ's poll. Here's a sample of comments from readers:
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» SeraCare Turns Around Losses (posted Today at 11:26am)
Life science products and services company SeraCare reported a $1.3 million profit for the fourth quarter on $11.3 million in revenue.
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» Holliston Pharmacy Firm Begins Liquidation (posted Today at 11:25am)
The Nyer Medical Group Inc. has voluntarily delisted itself from the Nasdaq stock market and intends to be completely liquidated within 90 days.
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» Spilka Takes Aim At Economic Development (posted Today at 11:23am)
State Sen. Karen Spilka, D-Ashland, proposed a reorganization of the state's business development and marketing offices in broad legislation she filed that aims to foster economic development around the state.
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» Charles River Cuts Its Way To Q4 Profit (posted Today at 11:22am)
Charles River Laboratories International Inc. said its fourth quarter profit improved to $17.6 million from a $663 million loss a year ago.
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In recent years, the notion of buying local food has gained popularity, so it’s no surprise to see the Maine-based Hannaford Bros. grocery chain sign on to a campaign by the New England dairy industry to draw attention to — and raise money for — local dairy farms.
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How Much Affordable Housing Is Too Much?
The latest mess involving the prospective development of significant properties in Worcester can be summed up as a competition between two well-worn clichés.
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Littleton Firm Helps Construction Stay Clean
Jeff Barrett, the founder, president and CEO of Eggrock Inc. took a risk when he started his business, but it has since paid off.
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Contents Of The February 1, 2010 Issue Of The WBJ
Check out the January 18, 2010 Issue of the WBJ.
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Shop Talk: Q&A With Louis Ciavarra, Bowditch & Dewey
Louis Ciavarra, senior partner at Bowditch & Dewey, talks about the law firm's success and his new role.
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Events
Tuesday, February 09
Inbound Marketing Techniques Seminar
Sponsor: Corridor Nine Chamber of Commerce
Time: 8:30 to 11:30 a.m.
Place: Corridor Nine Chamber of Commerce, 30 Lyman St., Westborough
Cost: $50 for chamber members ($35 for each additional member from same company); $80 non-members
Contact: Corridor Nine Chamber of Commerce, 508-836-4444
Inside the Worcester Business Journal
Local dairy farms strategize to survive
In recent years, the notion of buying local food has gained popularity, so it’s no surprise to see the Maine-based Hannaford Bros. grocery chain sign on to a campaign by the New England dairy industry to draw attention to — and raise money for — local dairy farms.
Debate Rages Between Banks, Credit Unions
Legislation that could give credit unions more lending freedom fires up animosity
Tension has existed between community banks and credit unions since credit unions began emerging from their industry-specific enclaves and into the general banking market with their tax exempt status intact.
Hyperlocal News Sites Targeting Central Mass.
With print newspapers looking more and more like a relic of a previous age and the news industry struggling to find a way to make money online, a local startup is jumping into the world of online news with both feet.
Regional Construction Still In Holding Pattern
Public education projects buoy Central Mass. builders
Take one look at the Worcester Business Journal’s annual list of the largest construction projects on the facing page and you’ll notice an awful lot of projects stuck in the planning or permitting stages.
How Much Affordable Housing Is Too Much?
Worcester bristles at low-cost apartment developments in downtown
The latest mess involving the prospective development of significant properties in Worcester can be summed up as a competition between two well-worn clichés.
Green Gathers Momentum Despite Recession
Construction firms say interest is still high in LEED certification
Americans did not spend as much on construction in 2009 compared to previous years. In fact, spending hit a six-year low of $900 billion last year, according to the Associated General Contractors of America.
Local Staffing Firms See ‘Rising Tide’
As demand for temps increase, some are optimistic about a recovery
The construction sector lost 53,000 jobs between November and December last year. Manufacturing shed 27,000. Wholesale trade lost another 18,000 positions. But at least one sector grew, and it’s got local businesses and economists feeling optimistic about the future.
Marlborough 2010 Announces New Name
Marlborough 2010 held its annual meeting Jan. 27 and voted to change the organization’s working name to the Marlborough Economic Development Corp.
Remember that book “The World is Flat” by Thomas L. Friedman? Well, it just got a little flatter. At least that’s how I felt recently as I interviewed Mandy Nelson, a voiceover artist based in Worcester, who’s seeing her business evolve in an interesting direction as the demand for online video increases in the business world.
Getting Ahead Of The Advertising Curve
New technology brings new opportunities and challenges to marketing efforts
As millions of people gather around television sets to watch the 44th Super Bowl on Feb. 7, one thing will be missing: Pepsi commercials.
Littleton Firm Helps Construction Stay Clean
Eggrock Inc. brings bathrooms-in-a-box stateside
Jeff Barrett, the founder, president and CEO of Eggrock Inc. took a risk when he started his business, but it has since paid off.
Movers & Shakers from the February 1, 2010 Issue
The latest hirings and promotions in Central Mass.
How emotional intelligence can help you get ahead
Daniel Goleman, in the Harvard Business Review, proposed that IQ and technical knowledge are mainly “threshold capabilities” and simply exist as entry level requirements for key positions.
10 Things I Know About...Hiring Employees
10 tips to help you make the right decisions when hiring future employees
Inevitably, making unsolicited sales calls is awkward and uncomfortable. It comes with the territory, and there’s no avoiding it. But that doesn’t mean you can’t excel at it.
Massachusetts Needs To Embrace School Choice
On Martin Luther King Jr. day, Gov. Deval Patrick signed into law a bill that has been hailed as the most significant step in education reform the state has taken since 1993’s comprehensive Education Reform Act. In addition to giving superintendents new powers to overhaul failing schools, the law raises the cap on charter school spending from the current 9 percent to 18 percent in low performing districts.
A recent story out of Washington highlighted the compromise spending bill (HR 3288). This bill allocates $163.6 billion for education, health and labor programs and includes much-needed increases to Pell Grants and programs for disadvantaged and first-generation college students. Hopefully, this bill will be passed by the House and the Senate and signed by the president in the near future.
If there’s one thing the special election to replace the late U.S. Sen. Ted Kennedy taught us, it’s that conventional wisdom is sometimes less wise than it is dumb.
Photo Finish From The February 1, 2010 Issue Of The WBJ
Familiar faces from the Central Mass business community.
Contents Of The February 1, 2010 Issue Of The WBJ
Check out the January 18, 2010 Issue of the WBJ.
Briefing: Infrastructure Funding
Gov. Deval Patrick, along with members of the congressional delegation, recently released $185 million in federal recovery funds to be used on water infrastructure improvement projects across the state. The funds are a combination of American Recovery and Reinvestment Act (ARRA) grants and State Revolving Fund (SRF) financing.
Acquisition Leaves Worcester’s Telecast Fiber Systems Untouched
Why a shoot-from-the-hip fiber optics firm cozied up to its new corporate parent
Entrepreneurial companies tend to enjoy their status as the economy’s independent thinkers. They’re nimble, driven and creative.
Shop Talk: Q&A With Louis Ciavarra, Bowditch & Dewey
Louis Ciavarra, senior partner at Bowditch & Dewey, talks about the law firm's success and his new role.