Worcester Business Journal - Local Business News, Analysis and Insights

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Education

🔒QCC entrepreneurship hub hires inaugural director

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

Government & Politics

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.

Health Care

🔒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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Arts & Entertainment

🔒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.

Arts & Entertainment

🔒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...

Health Care

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.

Real Estate

🔒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.

Nonprofits

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.

Banking & Finance

🔒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.

Thought Leadership

Embracing Uncertainty: Small Businesses & the Future of Banking

Customized Corporate Partnerships at The Hanover Theatre & Conservatory:...

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Digital Partners

Career Opportunities

Chief Financial Officer

The Girl Scouts of Central and Western Massachusetts

Worcester, MA

$125,000 - $135,000

Quality Engineer II – Columbia Tech

Columbia Tech

Westborough, MA

Retail and Customer Service Specialist

Girl Scouts of Central and Western Massachusetts

Worcester, MA

$20/hour

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🔒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.

Real Estate

🔒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...

Education

🔒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.

Education

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.

Diversity & Inclusion

🔒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.

Opinion

From the Editor: Defenders of the truth

The internet democratized information gathering and information sharing. Traditional gatekeepers and barriers began to erode, and eventually anybody could share any information with anybody.

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Upcoming Events

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Latest Poll

Should more skyscrapers be built in Central Mass.?

Worcester is home to the three buildings in Central Massachusetts with more than 20 stories, including the 24-story Glass Tower offices, the 21-story office complex Mercantile Center, and the 24-story residential tower The 6Hundred. However, no new skyscrapers have been built in Central Massachusetts in the last 35 years. In Boston, Mayor Michelle Wu has proposed building more residential high rises as a way to create more housing and address the affordability crisis in Eastern Massachusetts.

Yes, they would help address affordable housing.

Yes, they would create a more urban vibe.

No, high rises are no longer a practical way to build homes and offices.

No, they're eyesores.