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Net income for Hampton, N.H.-based utility company Unitil Corp. increased by $1.2 million, or 9 cents per share, in the second quarter, compared with 2013.
Unemployment rates in Central Massachusetts worsened in June but are still down considerably from June of last year, the Patrick administration said Tuesday.
Galaxy Development of Auburn said it's looking to turn an abandoned industrial site along Fitchburg's Water Street into a 21,650-square-foot shopping center.
Ten Central Massachusetts communities will receive federal community development block grants that total about $6.6 million for a variety of uses, notably housing and infrastructure upgrades.
A Leominster attorney has purchased downtown Worcester's Guaranty Building for $9.93 million.
From minor scrapes and sprains to broken bones and animal bites, non-life threatening emergencies often lead patients to higher-cost visits to hospital emergency rooms.
In a deal announced Wednesday that could be worth up to $60 million, Devens-based energy technology company AMSC has agreed to develop a plan to build a superconducting cable system that it said will strengthen Chicago's electric grid.
Lowell-based Enterprise Bancorp, which has branches in Acton, Fitchburg, Leominster and Westford, declared a quarterly dividend of 12 cents per share in the second quarter that ended June 30.
A group of seven friends were charged by federal regulators Friday of illegally making more than $550,000 through insider trading of Devens-based AMSC stock.
As health care facilities continue to ramp up advanced technology, HealthAlliance Hospital in Leominster continues to keep pace, making the list of Health Care's Most Wired hospitals in the country for a seventh straight year, it announced.
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 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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