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Cover for issue 20251020

🔒Central Mass. firms awarded $5M in tax incentives to create 245 life sciences jobs

Five Central Massachusetts life sciences companies are splitting $5 million in tax incentives to create 245 jobs in the region.

🔒QCC entrepreneurship hub hires inaugural director

Quinsigamond Community College has hired Rocky Knight as director of its newly launched Auxilium Center for Entrepreneurship. 

🔒Insulet appoints former JP Morgan Chase executive to board of directors

Insulet, the Acton-based medical device manufacturer and public company, has named a former global chair at multinational bank JPMorgan Chase to its board of directors.
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Eleven Central Mass. manufacturers granted $1.8M to increase output

The funding was facilitated by Massachusetts Technology Collaborative’s Center for Advanced Manufacturing, part of a wider $4.6-million effort across the state.

🔒Polar Park fund shortfall expected to exceed $2M by end of fiscal year

The letter said the shortfall was caused by the postponement of construction in the district, which Batista said was the result of an unpredictable market, high construction costs, and high interest rates.

🔒From France to Philadelphia to Tom Brady: Historic fountain brought back to life at Beechwood Hotel

A cast iron fountain from the 1800s has taken a long journey of restoration to now be installed and displayed at Beechwood Hotel in...

New CEO to lead Blue Cross Blue Shield of Massachusetts Foundation

Kaitlyn Kenney Walsh will assume her leading roles as president and CEO of the BCBSMA Foundation come Jan. 1.

🔒September brings more home sales to Central Massachusetts

Cassidy Norton, associate publisher and media relations director of The Warren Group, said September’s data represents an ongoing shift in the market.

Esler Family Foundation adds $100K matching donation to United Way’s emergency fund

The United Way of Central Massachusetts’ efforts to establish an emergency fund for the region’s nonprofits have been boosted through an additional $100,000 matching donation from a charity founded by a Sutton couple.

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Career Opportunities

Production Manager – Columbia Tech

Columbia Tech
,
Westborough, MA

Retail and Customer Service Specialist

Girl Scouts of Central and Western Massachusetts
,
Worcester, MA
$20/hour

Quality Engineer II – Columbia Tech

Columbia Tech
,
Westborough, MA
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🔒Hologic to be acquired for $18.3B by Blackstone, TPG

Medical device manufacturer Hologic is going from a publicly traded company to a private business as the Marlborough-based firm is to be acquired for up to $18.3 billion.

🔒Clark receives historic $20M gift from Panera Bread founder to fund reorganization

Clark University has received the largest single gift in the Worcester school’s 138-year history, which the Worcester school will use to fund its restructuring plan announced in June that includes laying off up to 30% of its faculty.

🔒Wood Partners sells Alta on the Row in Worcester for $157M to Morgan Stanley

Alta on the Row, a 370-unit apartment community built in Worcester in 2024, has been sold to a Boston-based investment group for $157 million. An...

🔒WPI projects granted $662K through new Mass. AI Hub

Two projects led by Worcester Polytechnic Institute researchers have been awarded a combined $661,662 from the Massachusetts Technology Collaborative.

Fitchburg State picks Georgia State administrator as new CFO

Fitchburg State University has named Travis Chambers, a former assistant dean at Georgia State University, as its new CFO, starting Dec. 1.

🔒Community Legal Aid moves Fitchburg office to meet growing need

In response to growing demand, Worcester-based Community Legal Aid has moved its Fitchburg office to a new location and will soon add an additional attorney specializing in immigration.
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Latest Poll

Should a casino be built in North Central Mass.?

In October, Rep. Natalie Higgins (D-Leominster) proposed a bill to allow a casino to be built in Central Massachusetts to help fund the extension of Commuter Rail services from the Route 2 corridor into North Central Massachusetts. Current Massachusetts law splits the state into three regions, affording each a single full-service casino. The proposed legislation would create a fourth region, Region D, making the cities of Fitchburg and Leominster and the towns of Ashburnham, Lunenburg and Westminster eligible for a casino gaming license. Once a hypothetical casino were established, the state would use 25% of its gaming revenue to build out the railway. The state currently has two full-service casinos: Encore Boston Harbor in Everett and MGM Springfield.

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Regional News

Blackstone Valley

🔒Movers & Shakers for Oct. 20, 2025

Employees at ERA Key Realty Services, bankHometown, and Spectrum Health Systems are making advances in their careers.
Central Mass. South

Mass. business owners’ pessimistic view of economy worsened in September

Massachusetts’ business confidence was once again on the decline in September.
MetroWest

🔒Tech support: Community banks are partnering with fintechs to deliver a competitive mobile banking experience while keeping the human touch

In 2012, a WBJ review found less than half of Central Massachusetts banking institutions had a mobile banking app. Today, you’d be hard pressed to...
North County

🔒Diversifying business loans: Lenders and entrepreneurs of color are trying to overcome historic biases and practical barriers in commercial lending

Central Massachusetts institutions like Webster Five and St. Mary’s are working to open up the financial system by educating entrepreneurs of color.

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