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Chuck Brown was stuck between turning his home into a full-time business or taking out loans to push the project to the next step to open a business in a commercial space. Eventually, Brown’s connections in education led to him meeting.
Cambridge-based drug manufacturer Moderna, Inc. has purchased a 140,000-square-foot biomanufacturing facility at 149 Hayes Memorial Drive in Marlborough.
Once companies find suitable partners for mergers or acquisitions, it may seem like the hardest parts of their business deals are done. In fact, the challenges have only just begun.
Like a startup, departments need a brand. Susan Shalhoub gives advice on founding a new department as a company grows.
Workers Credit Union in Littleton's James Monette offers advice for college grads.
The City of Worcester is stepping up its commitment with an important vote of support: increasing the money behind its DEI efforts.
The New England Council firmly believes the new R&D amortization requirement will halt and harm our region’s continued growth and leadership on the global stage.
A state inspection of three Community Healthlink substance abuse programs led to their suspension and a halt of new admissions. Eighty layoffs are anticipated and the Worcester organization’s president is leaving her role.
There’s a lot to like in hobbyist-turned-entrepreneur Chuck Brown’s quest to turn his home businesses into a sustainable retail shop, particularly because he provides a product that’s seemingly everywhere but at the same time very difficult to find in high quality.
People are on the move at UMass Memorial Medical Group, the City of Worcester, and Tighe & Bond.
In an effort to increase the pace of new housing development in Massachusetts, Gov. Maura Healey has proposed streamlining the environmental review process for certain new housing projects, with the goal of reducing the time spent on the process from about one year to 30 days. Environmental reviews are a hallmark of community planning, to ensure new development doesn't negatively impact surrounding properties or natural resources, even though the process does add significant time and often cost to projects. Healey's proposal comes after Massachusetts fell behind the national average in new housing production, despite adding 90,000 new units since she became governor in 2023.
New England already averages the longest timeline in the nation to build a single-family home once the developer has been giving the authorization to move forward with construction, according to U.S. Census statistics compiled by the National Association of Home Builders. In 2023, single-family homes in New England averaged 13.9 months from permit to completion. The South Atlantic states have the lowest average of 8.9 months while the region that includes Texas, Oklahoma, Arkansas, and Louisiana is the second quickest at 9.4 months. The second-longest average after New England is the New York, New Jersey, and Pennsylvania region, which takes 13.2 months.
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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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