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Northborough materials technology company Aspen Aerogels appointed 25-year human-resources veteran Stephanie Pittman as its chief human resources officer, effective Tuesday.
Ameresco, a clean energy company based in Framingham, closed on a $300-million loan to fund development and construction on its for clean energy projects. The loan is through HASI, a Maryland climate-positive investment firm.
People are on the move at Milford Regional Medical Center, Mirick O'Connell, and MutualOne Bank.
People with intellectual and developmental disabilities are often unnecessarily left out of the workforce because of barriers they face, including those imposed by the federal government.
The Massachusetts Department of Environmental Protection fined New Jersey-based ThermoFab Operating Co. $19,653 for violating air emission and hazardous waste storage and disposal regulations at its 76 Walker Road location in Shirley.
Natick machine-vision company Cognex agreed to purchase Japan-based Moritex Corp., a global manufacturer of optical components.
Retail real estate giant Kimco Realty Corp. of Jericho, New York, which owns Waverly Plaza in Framingham and Mill Street Plaza in Worcester, plans to acquire Northborough Crossing owner RPT Realty of New York City.
Natick machine-vision firm Cognex partnered up with OSARO, a California robotics company specializing in AI-driven fulfillment robots, to improve the robots’ efficiency in reading barcodes.
Natick-based Allurion Technologies will add a generative AI technology to its clinical offerings in the form of an artificial intelligence-powered health coach.
Farmington Manor Apartments in Marlborough was sold to a limited liability corporation registered to Bechara Fren.
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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