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Jabil Circuit Inc., the parent company of Clinton-based Nypro Inc., reported net revenue of $4.3 billion for the quarter, a 20 percent jump from the second quarter of 2014.
Three Central Massachusetts life sciences companies, including one that's moving its headquarters to the region, will receive nearly $5 million in state tax incentives toward the creation of 275 jobs.
Education reformer and former Democratic gubernatorial candidate Chris Gabrieli has been tapped by Gov. Charlie Baker to chair the Board of Higher Education replacing Charles Desmond. Baker on Tuesday afternoon also announced that Sheila Harrity,…
(Updated Friday at 6:15 p.m.) A plan to consolidate two patient-care units at Clinton Hospital is meeting with opposition from the union that represents its nurses.
Four public institutions of higher education in Central Massachusetts are collaborating to guarantee qualifying students four years of post-secondary schooling for $30,000.
After years of failed proposals by other developers throughout the state, New England Studios in Devens became the first film studio to open doors in March 2014, and the owners had high hopes for attracting major movie productions to Central…
Webster First Federal Credit Union (WFFCU), which is based in Worcester, is merging with Boston-based Industrial Credit Union (ICU), the two institutions announced.
With its customers hampered by prolonged train delays and cancellations that began during the recent wave of snowstorms, the company that runs the Massachusetts commuter rail system said Thursday it will operate at full service by March 30.
In a back room of the American Antiquarian Society in Worcester, teams work at cataloging and digitizing the organization's collection of American printed artifacts. It's just one example of a group of Central Massachusetts nonprofits that use…
Biomedical firm New England Peptide (NEP) will expand its Gardner facility to create additional research and production space, the company announced Tuesday.
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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