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Precision Optics Corp., Inc., a Gardner-based optical instrument manufacturer, announced its acquisition of Lighthouse Imaging, an optical imaging company located in Maine, in a Tuesday press release.
After 14 years with GFA Federal Credit Union in Gardner, David Bojarczuk announced Wednesday his retirement as executive vice president and chief financial officer.
Beacon Manufacturing Group of Lancaster announced Monday it has acquired Acromatic Plastics of Leominster, a precision molded products company.
A Leominster-based construction company purchased a 13,500-square-foot warehouse at 305 Leominster Shirley Road in Lunenburg for $1.1 million, according to the Worcester North District Registry of Deeds.
A seven-plot parcel of the 311-acre Westminster Business Park sold for $6.75 million to Quincy real estate agency Jumbo Capital Management LLC, according to the Worcester Northern Registry of Deeds.
People are on the move at Adcare Hospital, ERA Key Spencer, Savers Bank, and more.
Located adjacent to the Polar Park baseball stadium in Worcester, the planned Left Field Building is a $16-million symbol of the ambitious plans in the city for the life sciences as a catalyst for its ever-evolving development efforts.
MassDevelopment has awarded $150,200 from the Brownfields Redevelopment Fund to the Town of Winchendon to help remediate 1.333 acres at 4 Summer Drive, where Bull Spit Brewing Co. of Lancaster hopes to open a second location.
Songs include "Vogue" by Madonna, "Sweet Jane" by The Velvet Underground, "Return of the Mack" by Mark Morrison, "Whatta Man" by Salt-N-Pepa, and "All I Do Is Win" by DJ Khaled.
Mount Wachusett Community College in Gardner and Quinsigamond Community College in Worcester will require students, faculty, and staff to have been vaccinated against COVID-19, starting in January.
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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