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A professional recording studio, which has done work with major Hollywood stars and productions, is establishing its headquarters in Millbury.
Fidelity Bank has named its first new president in nearly 10 years, promoting executive employee Joseph Silva to the Leominster-based institution’s leadership role.
The party is over for Party City, as leases for the company's five Central Massachusetts locations are heading to the auction block.
This second round of funding awarded on Dec. 23 followed an application process announced in September.
This directory is a list of business and industrial park throughout Central Mass. including in Devens, Framingham, and Grafton.
Six years after purchasing more than 200 acres of property bisected by the municipal border of Grafton and Shrewsbury, a developer has won approvals to construct a 845,000-square-foot distribution center for delivery company UPS.
In this new role, Eric Casey will help set newsroom policy and strategy, and he will be directly in charge of administering all the advice and opinion columns submitted by community contributors.
Employees at Milford Regional Physician Group, bankHometown, and Vision Advertising are moving up in their careers.
Vaillancourt Folk Art is a tourist destination known for its handcrafted Christmas collectibles, but before becoming a well-recognized brand, the company had much humbler beginnings starting off in the Vaillancourt family basement.
The Rockdale Mills site, a 95-acre complex in Northbridge home to a cotton mill first built in the 1850s, has been sold for $1.1 million following an October auction to a Brookline-based entity.
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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