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Greater Worcester

Manufacturing

🔒German manufacturer consolidates U.S. operations into new large Shrewsbury HQ

German manufacturer Physik Instrumente has opened a new U.S. headquarters in Shrewsbury, part of an attempt to improve its operations in the Americas and adapt to tariffs.
Banking & Finance

🔒Worcester investor pays $17.4M for New London apartments portfolio

Worcester-based Baystate Investment Fund acquired the properties.
Economy

🔒Mass. business confidence remained pessimistic for eight consecutive month in October

Massachusetts’ Business Confidence Index continued to tumble in October, reaching its third-lowest score in the past year.
News

From the Editor: WBJ launches data-rich INSIGHTS special edition

This entire edition is anchored by graphics, charts, and lists full of historical and current data on the most pressing economic indicators for our business community.
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Real Estate

🔒Money on the sidelines: Real estate is having a rough year, but premium properties are still catching the attention of investors

Uncertainty seems to be the overarching theme of business in 2025, and commercial real estate has been no exception.
Real Estate

🔒Running out of retail: Second-generation restaurant spaces are driving demand in Central Mass. retail real estate

Todd Alexander, an executive vice president at Worcester real estate brokerage Kelleher & Sadowsky Associates who focuses...
Real Estate

🔒Are more skyscrapers coming to Worcester?

With housing a top-of-mind concern in urban areas today, developers and city leaders are looking to tall apartment buildings.
Economy

🔒When a hospital closes: Central Mass. ER visits rose after Nashoba Valley shuttered, as hospital finances are increasingly strained

The volume in Central Massachusetts ERs is still expected to grow, exacerbated by a primary care shortage and incoming $1 trillion in cuts nationally to Medicaid.
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Banking & Finance

🔒Taxes in Worcester: Businesses are the top tax contributors to the City, but exemptions and the dual rates are leading to calls for reform

In a city with high-profile industries like higher education and health care, the biggest businesses tend to be tax-exempt.
Professional Services

🔒SideChannel appoints first chief marketing officer

Cybersecurity tech firm SideChannel has welcomed a new member to its C-suite as the Worcester-based firm has named Jamie Wolf its inaugural chief marketing officer.
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