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Primetals Technologies, which has offices in Worcester and is building a research and office center in Sutton, signed a contract with HBIS Shijiazhuang Iron & Steel Co. for a new steel rod mill in China, the company announced in a press release.
With events canceled across the state and most hospitality businesses considered non-essential, the Central Massachusetts tourism industry is anticipating major losses due to the efforts to stem the coronavirus pandemic.
As COVID-19 continues to spread, Milford Regional Medical Center has strictly designated its Northbridge and Franklin Urgent Care offices as care locations for those experiencing coronavirus-like symptoms, the healthcare provider announced on…
New hires and promotions at companies like AAFCPAs in Westborough, Bryley Sytems in Clinton, Concierge Physical Therapy in Sutton, Reliant Medical Group and Framingham State University.
Hopedale marijuana accessory company Green Goddess Supply has launched an enclosed marijuana home grow system.
The Harvard Pilgrim Health Care Foundation awarded nearly $70,000 to three Central Massachusetts nonprofits to provide healthy food to the community.
Worcester Business Journal publishes a podcast every Monday called The Weekly Business Report, a forward-looking news segment designed to make Central Massachusetts business professional informed about what is going to happen in the local economy.
A corporation registered to the address of a Woonsocket, R.I., property management firm has paid $3 million for a Northbridge site where it plans a 104-unit senior residential community.
A&J Industries, an engineering and manufacturing company, has sold its Uxbridge facility for $2 million.
Of all the people with associations to marijuana, only one person may come close to Cheech & Chong: Snoop Dogg. The rapper-turned-cannabis entrepreneur will stop by Caroline's Cannabis, a pot shop in Uxbridge, from 4 to 5 p.m. on Tuesday for a…
When City of Worcester and Worcester Red Sox officials announced in 2018 the plan to construct the Polar Park baseball stadium in the Canal District, a key part of the economic development effort was a partnership with Boston developer Madison Properties to redevelop five properties around the ballpark into residences, hotels, and office buildings, with openings scheduled to begin in 2021 when the stadium opened.
All five of those Madison projects are significantly behind schedule and only one has come to fruition -- the high-end 228-apartment complex The Revington -- although the Canal District has seen other non-Madison developments come online, including The Cove and District 120 apartment complexes. All developments in Central Massachusetts have faced headwinds since the start of the COVID-19 pandemic, including trouble obtaining affordable financing, shortage of materials and labor, and downturns in the commercial real estate and life sciences industries.
The slow development of the Madison properties was the main reason cited by City officials for why the City's plan to not use general taxpayer funds to pay for the $160-million Polar Park has failed. Members of the City Council have gone as far as to call for one key Madison property to perhaps be seized by eminent domain to make way for a new developer.
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SubscribeWorcester 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.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
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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