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Manufacturing is a $6.5-billion industry in Central Massachusetts, with multiple sectors experiencing upheaval in 2021. Here’s what is on tap for next year.
Biotechnology in Central Massachusetts is a rapidly growing industry, characterized as much by its big players as its nascent, up-and-coming companies. Together, players old and new stand to define what biotech in and around Worcester will look like…
Beyond his business success, Aaron Birt is giving back to the community, helping to support the Central Mass. entrepreneurial ecosystem
Rollstone Bank & Trust of Fitchburg has promoted senior vice president of human resources Amy Bonilla to the newly created position of chief diversity officer, according to a Thursday announcement.
A 90,000-square-foot office building in Westborough with financial and healthcare tenants sold for $10 million on Monday, according to real estate database CoStar.
Bisousweet Confections, a Shirley-based wholesale bakery supplying baked goods to retailers nationwide, is expanding into a new facility in Leominster.
Eleven Central Massachusetts communities are receiving a portion of the 2.1-million at-home COVID tests set to be distributed by the Gov. Charlie Baker administration, per a Monday announcement.
The Strand in Clinton announced Thursday the historic theater will close permanently at the end of December.
A nearly 346,000-square-foot Clinton warehouse sold for $55.8 million as part of a four-building, $173-million investment sale, according to the real estate database CoStar.
UMass Memorial-Harrington will not allow visitors in the emergency departments of its Webster and Southbridge campuses, the hospital announced Friday afternoon, citing an increase in COVID-19 cases.
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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