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The Corridor 9/495 Regional Chamber of Commerce named the president and CEO of UMass Memorial Health-Marlborough Hospital and UMass Memorial HealthAlliance-Clinton Hospital in Leominster as the chamber’s new board chair for a two year term.
Worcester Business Journal has published its Book of Lists, the annual publication and directory full of the main movers and shakers in the Central Massachusetts business community.
Two class-A warehouses in The Crossroads Industrial Park at 495 on the Marlborough-Northborough border sold for a combined $78.9 million on July 11, according to the Worcester District Registry of Deeds.
The second-largest credit union in Central Massachusetts, Littleton’s Workers Credit Union, will have a new leader, as longtime President and CEO Doug Petersen retired on Friday.
New Jersey-based Seabra Foods has purchased a former Salvation Army location at 35 Concord St. in Framingham for a new supermarket location, across from the newly-constructed 196-apartment Union House.
Framingham firm Ameresco, which specializes in clean and renewable energy, has completed the installation of a solar field which will power a utility-structure manufacturing plant in Bristol, Indiana.
Milford life sciences firm Waters Corp. will lay off about 4% of its 8,200 employees worldwide, and most of the impacted Massachusetts employees will be at the Milford headquarters.
House Democrats rolled out a major new spending initiative Wednesday, outlining a $693 million supplemental budget packed with funding for hospitals, collective bargaining agreements, special education and workers in the state's safety net system.
Atlanta-based developer Wood Partners, which is constructing a high-profile apartment complex in Worcester, completed the purchase of a downtown block in Marlborough for another project – its planned Alta Marlborough mixed-use development.
Framingham clean energy company Ameresco has signed a 20-year, eight-site contract with Colorado electric utility United Power to install a large battery system designed to improve the power grid.
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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