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A 1.2-acre industrial property in Littleton was sold to a limited liability corporation registered to the owners of Ferreira’s Towing in Chelmsford.
BPI Construction Management, a Framingham-based company, has been fined $926,898 by the Massachusetts Office of the Attorney General for violations of the Massachusetts False Claims Acts.
Eric Casey, a Worcester-based reporter who most recently founded the publication Burn After Reading to cover the cannabis industry, has been hired as the newest staff writer at Worcester Business Journal.
Dean College, a private college located in Franklin, is using a $600,000 grant from the Massachusetts Life Sciences Center in Waltham to fund new scientific equipment.
IPG Photonics, a global manufacturer of optical fiber lasers headquartered in Marlborough, on Tuesday reported $55 million in profits for its third quarter.
Prime Power Rentals of Millbury led the Central Massachusetts contingency of the Inc. 5000, Inc. magazine’s annual list of the fastest-growing companies in the nation.
United Medical Systems, a Westborough-based provider of mobile urology services to hospitals, has named Matthew Gattuso as the company’s new president.
How much is each town in Central Massachusetts charging in property taxes?
Which communities are the largest? The fastest growing? Which have lost population?
A breakdown of the Massachusetts and Greater Worcester real GDP by industry.
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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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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