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AMSC expands into Brazil with acquisition worth $133M

Ayer-based energy solutions company AMSC has acquired ️Comtrafo Indústria de Transformadores Elétricos S.A., a Brazilian transformer manufacturer.

🔒Framingham firm lands $36M contract to construct tool and die facility for Army

Work on the project began in November, with an expected completion in June 2027.

Raising Cane’s opening Worcester location next week

The new location is part of a company effort to open 100 new restaurants in 2025.
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Latest Stories

CCC approves rules for cannabis social consumption businesses

The Cannabis Control Commission unanimously approved regulations governing sites where people could consume marijuana products in social settings but it may take a while...

Delayed September report shows decline in Greater Worcester unemployment, feds cancel October rates release

Greater Worcester has finally received its September unemployment rate, after the federal government shutdown left states unsure whether they would receive their monthly unemployment data at all.

CHIA: Mass. uninsured rate is far lower than nation’s average

The overwhelming majority of Bay Staters continue to have health insurance coverage, but a new survey highlights nagging challenges in accessing care and affordability woes exacerbated by high-deductible plans.

Marlborough brewery to close at end of year

Flying Dreams is the latest Central Massachusetts craft brewery to cease operation.

UMass Memorial Health approved to bring first proton beam to Central Mass.

A promising type of cancer care that's largely been available only in Boston is coming to central Massachusetts.

Merger between DCU and California credit union finalized, Miyashiro to helm merged firm

The merger between Marlborough-based Digital Federal Credit Union and California-based First Tech Federal Credit Union will go into effect on Jan. 1, after First...

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U.S. News: UMass Memorial Medical Center named #1 maternity hospital in Central Mass.

On Tuesday, U.S. News released its 2026 Best Hospitals for Maternity Care for uncomplicated pregnancy, with UMMC being the region’s only hospital to be named amongst the state’s top 10 facilities.

🔒Worcester City Council sets 2026 tax rates

Mayor and Councilor-at-Large Joseph Petty said the City’s lower rate increases this year in comparison to cities like Boston and Cambridge will help drive business activity west.

🔒After losing state contract, dental insurance firm to shutter Worcester office

The layoffs come after the state announced in October it would transition back to Wellesley-based DentaQuest as its third-party administrator for dental services.

SideChannel appoints former IBM director to board of directors

SideChannel, a Worcester-based cybersecurity tech firm, has named Anna Seacat to its board of directors.

🔒Worcester nonprofit to close, transition to legacy fund following leader’s departure

ONE Worcester, a nonprofit offering free consulting and coaching services to fellow Worcester-area nonprofits, is closing as the organization has decided to shift to a legacy fund model.

🔒Holy Cross buys off-campus student rental house for $2.2M with plans for faculty housing

The property at 50 College St. will remain on the City’s tax rolls, said Holy Cross Director of Public Relations Nicoleta Jordan. 
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Latest Poll

Do you view Greater Worcester as a healthcare innovation hub?

UMass Chan Medical School, home to two Nobel Prize winners, Craig Mello in 2006 and Victor Ambros in 2024 just announced it has been selected to participate in a U.S. Department of Defense trial for a non-drug therapy for treatment resistant postpartum depression. In fiscal year 2024, the medical school received $200.75 million in research funding from the National Institutes of Health, while Worcester Polytechnic Institute received $4.96 million and Helixbind Inc. in Marlborough received $7.98 million in NIH funding.

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Regional News

Blackstone Valley

Koopman Lumber CEO’s sister to take over top role of family business from her brother

Dirk Koopman is stepping down as CEO of Koopman Lumber, with his sister Denise Brookhouse taking over the role.
Central Mass. South

How’s the economy? Let WBJ know by taking the 2026 Economic Forecast survey

Worcester Business Journal is asking its readers to give their opinions on how the Central Massachusetts economy will fare in 2026. The results will...
MetroWest

🔒Marlborough 140-unit apartment complex opens first building, starts accepting residents

Vesa Apartments were built on the former site of the McGee Farm and Jordan Stables.
North County

🔒Bay State Bank names new CFO

Bay State Bank has tapped former Clinton Savings Bank executive Richard Hayward to be the Worcester-based institutions’ new chief financial officer.

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