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Nick Tucci has been named as senior vice president and CFO of Flexcon Holdings Trust, the Spencer-based parent company of Flexcon Co.
After previous Nichols College President Glenn Sulmasy resigned amid a sex and academic scandal, the Dudley-based school named William Pieczynski at its ninth president.
Current rules require two employees to be in any vehicle that is transporting cannabis, but commissioners voted in December three to one to approve a change to eliminate that requirement. Business owners are waiting for the commission to formally…
Under Lussier’s watch, Webster First grew from $87 million in assets in 1987 to $1.4 billion in assets in 2024. In 1995, he helped the credit union transition from a state charter to a federal charter.
Just as cannabis businesses are gearing up for the holiday known as 4/20, an unofficial celebration of marijuana where dispensaries see some of their largest crowds of the year, nine companies in Central Massachusetts received $430,000 from the…
The honor is granted by the College of Ministers & Laity at Morehouse College, a private Georgia HBCU and the largest men’s liberal arts college in the country.
People are moving up at Cornerstone Bank, the Marlborough Economic Development Council, and bankHometown.
Employees at the Curaleaf dispensary in Oxford have joined a number of Massachusetts cannabis industry workers who have become members of labor unions since the state legalized adult-use cannabis i
Inspired by the hit ABC television show “Shark Tank”, the competition had collegiate entrepreneurs make a pitch for their businesses in front of a live studio audience.
In January, more businesses were incorporated in Central Massachusetts than in any other month since at least January 2017, outpacing the state as a whole, which also set a record for new business starts.
Massachusetts has the second smallest percentage of family-owned businesses in the country, according to an OnDeck analysis of the U.S. Census Bureau’s 2023 Annual Business Survey. The analysis showed 21.87% of Massachusetts businesses are family-owned.
The power of family-owned operations is found in the numbers. Research performed by Family Enterprise USA reports 74% of family-owned businesses have been operating for more than 30 years.
Even when families don’t work together running a business, many professionals hope to see their children following in their career footsteps, creating a lineage of those in the same profession and fostering the camaraderie that comes with.
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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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