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That lack of advance planning makes a difference to the bottom line.
Family businesses likely don't see themselves as dictatorships, but to be multi-generational businesses, they've survived by adapting and looking ahead instead of how things have been done in previous generations.
Fidelity Bank grew by 5 percent in 2017, reaching total assets of $819 million while investing in more than 145 local businesses.
Worcester Polytechnic Institute has set its own new record for number of patents in the past year, with 16 issued.
Slowey/McManus Communications, a strategic communications firm based in Boston, has opened a small Worcester office in an effort to branch out to clients in Central Massachusetts.
GateHouse Media, the New York-based owners of the Telegram & Gazette and a host of other daily and weekly newspapers in Massachusetts, spent $300,000 to purchase the Gardner News.
Daily newspapers in Fitchburg and Lowell and a related weekly publication earned a $5-million profit and a 26-percent profit margin in the last budget year.
A historic hotel in Groton, once the site of the oldest hotel in the United States, has been rebuilt seven years after the historic structure was destroyed by a fire.
Massachusetts has chosen Worcester and Fitchburg among 10 cities to receive help in downtown redevelopment initiatives.
Nurses who support mandatory staffing ratios are keeping their powder dry for a ballot fight they expect to wage this fall, a union chief told lawmakers on Monday.
In September, The Hanover Theatre and Conservatory for the Performing Arts announced comedians Jerry Seinfeld and Marlon Wayans are set to perform standup shows at the Worcester theater early next year. The Hanover and the DCU Center are the two main indoor venues for entertainment events in Worcester over the cold months and offer a variety of shows.
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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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