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While the U.S. Senate narrowly defeated the proposed Keystone pipeline expansion from Canada to the Gulf Coast earlier this week, another pipeline project with local impact is still pending, and it's creating controversy for the Nashoba Valley…
Fitchburg State University graduates who plan to pursue studies in osteopathic medicine will be able to take advantage of a program with a Pennsylvania school after the two institutions signed an agreement.
Despite the launch of new contracts for some of its products, Precision Optics of Gardner reported a net loss of more than $296,000 in its latest fiscal quarter, deeper than the $211,000 it lost in the same quarter last year.
Leominster officials this week approved a tax increment financing deal with plastics manufacturer Easy Pak. The privately held company plans an expansion that will add at least 15 new jobs.
In an ongoing fight over proposed staffing cuts, nurses at HealthAlliance Hospital in Leominster will picket Wednesday, according to the Massachusetts Nurses Association (MNA), the union representing the nurses.
Medical device manufacturer Arrhythmia Research Technology of Fitchburg (NYSE:HRT) turned in its third straight profitable quarter as revenue jumped nearly 28 percent over the third quarter of 2013, the company announced Wednesday.
Who are some of the organizations in Central Massachusetts that do good things for their employees? In this, the third consecutive year in which we've honored them, we shine the spotlight on nine.
It was a closer race than expected, but in the end, much of the business community got the governor it wanted with the election of Charlie Baker, putting a Republican in the corner office after eig
Solid North American business helped offset lower international sales for Athol-based tool manufacturer L.S. Starrett for its first quarter of 2015, which ended on October 30.
Losses climbed and revenue plummeted for Devens-based AMSC as both its wind and grid segment struggled in the second quarter, the company said.
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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