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International Trade

  • TJX's Canadian strength leads to 5% sales jump

    Sam Bonacci November 17, 2015

    TJX announced a 5-percent gain in sales in the third quarter, with its Canadian division leading the way as the company continues to stress international expansion.

    Sam Bonacci November 17, 2015
  • Movers & Shakers

    November 9, 2015

    GLEN MARTIN was promoted at Continental Woodcraft, a millwork subsidiary of BlueHive Strategic Environments of Worcester, to vice president. He was previously manufacturing manager for the company. Martin, who joined BlueHive in 2012, formerly

    November 9, 2015
  • Worcester needs $50M to entice baseball team

    Sam Bonacci November 9, 2015

    In order to get a baseball team like the Pawtucket Red Sox to make Central Massachusetts its home base, Worcester would have to find at least $50 million to invest in a stadium development as well as encourage businesses to become major supporters

    Sam Bonacci November 9, 2015
  • Incorporations from Aug. 1-15, 2015

    November 9, 2015

    These businesses filed incorporation papers with the Massachusetts Secretary of State's Office from Aug. 1-15. Listed below are the corporate name, address, ZIP and president.

    November 9, 2015
  • Front Street developer seeks to improve Worcester's value

    Sam Bonacci November 9, 2015

    When Chip Norton set out to purchase two office towers in downtown Worcester, he knew modernizing the buildings and the adjoining property that includes a portion of a former mall would be key to the equation.

    Sam Bonacci November 9, 2015
  • The end of the nuclear age

    Livia Gershon Special To The Worcester Business Journal November 9, 2015

    As president and CEO of the North Central Chamber of Commerce, Roy M. Nascimento hears a lot from local businesses about the cost of electricity.

    Livia Gershon Special To The Worcester Business Journal November 9, 2015
  • State money for Worcester stadium

    November 9, 2015

    Standing in front of a crowd of cheerful onlookers on Oct. 26 at the announcements of a $36-million renovation to two downtown Worcester office towers and of 500 UMass Memorial Health Care workers relocating downtown, Lt. Gov. Karen Polito was all

    November 9, 2015
  • Not your grandfather's marketing: 10 new ways to build your brands

    Christine Tieri Special To The Worcester Business Journal November 9, 2015

    We are in a conversation culture. No longer can companies throw money at mass media to make their message heard. To remain competitive, brands need to learn how to engage and connect with today's savvy consumers.

    Christine Tieri Special To The Worcester Business Journal November 9, 2015
  • Hospitals oppose price disparity fixes

    Emily Micucci November 9, 2015

    Even though they may benefit financially, Central Massachusetts hospitals have joined together with their brethren from around the Bay State to oppose efforts to limit the pricing disparity between healthcare providers.

    Emily Micucci November 9, 2015
  • Accolades & Honors

    November 9, 2015

    Tim Garvin, CEO of the United Way of Central Massachusetts, won the Lifetime Achievement Award from the Massachusetts Nonprofit Network, at its annual conference. He was honored for his "thoughtful approach to philanthropy" in forging partnerships

    November 9, 2015
  • Virtusa plans $270M India acquisition

    Emily Micucci November 5, 2015

    Westborough information-technology consultant Virtusa Corp. announced Thursday its plan to pay $270 million for a majority interest in an India IT company that serves the banking industry.

    Emily Micucci November 5, 2015
  • ReWalk grows revenue; continues to build market

    November 5, 2015

    Exoskeleton maker ReWalk Robotics saw third-quarter revenue climb substantially from the second quarter, although revenue was still down from the same quarter in the previous year.

    November 5, 2015
  • eClinicalWorks secures $100M in international business

    Sam Bonacci November 2, 2015

    Westborough-based eClinicalWorks will enter the international market after securing Specsavers as its first United Kingdom customer in a deal that brings overall international business for the company to $100 million for the year.

    Sam Bonacci November 2, 2015
  • N. England unemployment rate unchanged in Sept.

    October 27, 2015

    The New England unemployment rate was unchanged at 4.6 percent in September from August, although the figure is down more than a full percent from the region's rate a year earlier, according to the New England Information Office of the U.S. Bureau

    October 27, 2015
  • Energy Council: Efficiency plan savings to total $8B

    State House News Service October 27, 2015

    A week after being named the most energy efficient state in the country, Massachusetts took an additional step Monday to set ambitious, nation-leading energy efficiency goals for the next three years.

    State House News Service October 27, 2015
  • Accolades & Honors

    October 26, 2015

    Dick Fiske Sr. and his Heart to Heart Foundation of North Brookfield was honored by the Children's Smile Coalition at Hanover Theatre in Worcester last month.

    October 26, 2015

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Today's Poll

As housing prices spike, do you raise your employees' compensation to ensure they can afford to live in Central Mass.?
Choices
Poll Description

In June, the median single-family home price in Worcester County rose by 2.6% to $513,000 while the median home price in Middlesex County climbed by 2.2% to a $905,000. These increased prices have not deterred buyers, as the counties saw a 10.8% and a 6.2% increase in transactions over-the-year from last June, respectively. 

Despite the increase in sales, Massachusetts is experiencing an unhealthy house-price-to-income ratio, with the typical home in Massachusetts costing six times the average annual household income, according to The Boston Globe.