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North County

  • IC Federal expands in Worcester

    February 19, 2015

    Fitchburg-based IC Federal Credit Union will hold a grand opening for its new Worcester branch at 947 West Boylston St. next month. The office opened Thursday.

  • Precision Optics reports 3% revenue slip

    Rick Saia February 18, 2015

    Optical instruments maker Precision Optics of Gardner reported a 3-percent year-over-year drop in revenue for its most recently competed quarter, but cited increased interest in the company's products.

  • Presenting our Business Leaders of the Year

    February 16, 2015

    It's our annual look at three business executives in Central Massachusetts - and one organization - that have made big differences. This year's honorees come from four distinct industries. Here are their stories.

  • After latest quarterly loss, can AMSC come back?

    Sam Bonacci February 16, 2015

    It was a company that was flying high until, rather suddenly, its numbers began taking a southward dive.

  • 2015 Business Leaders of the Year: Hamid Mohaghegh, Family Pharmacy Inc. & Medserv International

    Emily Micucci February 16, 2015

    Hamid Mohaghegh has successfully stood up to the big-pharmacy players in growing his independent Central Massachusetts chain, Family Pharmacy Inc., over the last 15 years. While independent pharmacies have struggled to keep their doors open,…

  • We're all in this together, says new North Central chamber president

    Genevieve Dinatale Special To The Worcester Business Journal February 16, 2015

    Roy M. Nascimento believes a regional approach can pave the way for economic growth in Fitchburg, Leominster and the towns surrounding those two cities.

  • Starrett reports strong quarter

    February 6, 2015

    Toolmaker L.S. Starrett recorded net income of $2.4 million, or 35 cents per share, in the second quarter of its 2015 fiscal year, the Athol-based company announced Thursday.

  • AMSC losses continue

    Sam Bonacci February 5, 2015

    AMSC of Devens continued to lose money in the most recent fiscal quarter that ended Dec. 31, despite increasing revenue over the previous year.

  • Had enough? Another storm bears down on Central Mass.

    Rick Saia February 2, 2015

    Here we go again! Less than a week after a monster blizzard dropped about three feet of snow on Central Massachusetts – including a record in Worcester – the region was braced for another foot or so of snow today as schools canceled classes and many…

  • Net income up for Unitil Corp. in 2014

    January 28, 2015

    Annual net income increased 14 percent for New Hampshire-based power company Unitil Corp., driven by higher natural gas and electric sales, according to an earnings statement released Wednesday.

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Today's Poll

Should Massachusetts significantly reduce the environmental review time for new housing projects?
Choices
Poll Description

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.