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The property was sold by Scannell Properties, an Indiana-based real estate firm that purchased the then-undeveloped parcel for $3 million in December 2021 from MassDevelopment.
A clean hydrogen facility under construction in Devens has been awarded a $46.3-million federal grant, weeks after the company behind the project raised $50 million in private financing.
Central Massachusetts professionals are being hired and promoted at organizations like ERA Key Realty Services, Fidelity Bank, and Rollstone Bank & Trust.
Local unemployment rates throughout Central Massachusetts climbed to begin 2024, although the January figures are still lower than the rate seen at that time last year.
The L.S. Starrett Co., a publicly traded tool manufacturing company founded 144 years ago, plans to merge with a private equity firm and become a privately-held company.
The unemployment rate in Massachusetts fell in January, with large job gains in the professional, scientific and business services sector.
Clark University, the Leominster East Side Community Center, and the MetroWest YMCA Regional Early Learning Center are among the 20 Central Massachusetts entities slated to benefit from $23.08 million in federal funding pending final approval by the…
An industrial logistics park has received approval from the Town of Pepperell Planning Board, setting the stage for the creation for what developers are calling the largest industrial development in the town’s history.
Electric Hydrogen, a company with headquarters in Natick and California specializing in the clean production of hydrogen, has received $50 million in financing for a 187,000-square-foot production
Following a 17-year career at a national certified public accountant and advisory firm, Richard Fay has been named as senior vice president and CFO for Leominster-based Fidelity Bank.
Although used in technology like Google searches for decades, the buzz around the use of artificial intelligence in business has soared in the last year, largely due to advances from the company OpenAI and its AI system ChatGPT. Companies have explored using AI to automate more processes, although fears around the technology's use are rampant, too. For example, part of the Hollywood writers' strike centered around using AI to develop scripts, and part of the new union contract included guarantees against certain uses of AI in moviemaking and television.
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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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