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DRS Power Technology, Inc., which operates a machinery manufacturing facility at 166 Boulder Dr. in Fitchburg, will provide over $6,000 worth of energy-efficient lighting to the YMCA of Central Massachusetts as part of a violation settlement with…
A series of strong sales from energy company AMSC in the last few months seem like good signals from the Devens-based company, but analysts are still looking for more as the organization continues to work toward profitability. AMSC has been burning…
Mount Wachusett Community College (MWCC) has partnered with Clark University in Worcester to facilitate transfer opportunities for MWCC students, the community college in Gardner announced Thursday.
Michael W. Ames has been named the seventh executive director and CEO of Perkins, the Lancaster-based human services agency that includes the Doctor Franklin Perkins School.
Video software manufacturer SeaChange International of Acton saw a second-quarter loss of $4.8 million, or 14 cents per share, the company reported Wednesday. Its revenue for the quarter, which ended July 31, was $27.9 million.
Fidelity Bank is set to become the second-largest mutual community bank in Worcester County by agreeing to take over Barre Savings Bank as the two institutions announced a merger accord Wednesday.
All Points Limousine of Leominster has acquired All Seasons Limousine of Boxborough. The deal nearly doubles the size of All Points, and the company said it expects to add a half-dozen or so new employees to its 25-member workforce over the next…
Power grid and wind energy equipment manufacturer AMSC said Monday it has received a $40 million order from Inox Wind Limited for wind turbine electrical control systems (ECS).
To hear Spectrum Health Systems CEO Chuck Faris tell it, Massachusetts is a relatively good place to be in the addiction treatment services industry, and to receive treatment if you need it.
Devens-based power grid and wind energy equipment manufacturer AMSC announced $6 million in orders Wednesday morning.
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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