Worcester Business Journal

11/22/2024

The merger, effective Nov. 1, saw the combined firm operate under the Bollus Lynch name, according to a press release from the firm issued the day the merger went into effect. The combined firm will operate from Bollus Lynch’s existing headquarters at 89 Shrewsbury St.

“While we are excited to offer our clients many new benefits, we’re also pleased to have the continuity of our entire team being part of this merger,” Maryann Copeland, co-managing partner of Singer & Lusardi, said.

11/22/2024

BioSurfaces’ Bio-Spun Cell Chamber aims to treat illnesses including diabetes, liver disease, and rare and transmittable diseases, by delivering needed proteins to the body through an implantable device made from living cells.

The Bill & Melinda Gates Foundation, a nonprofit addressing inequities on a global scale, has extended its reach to Central Massachusetts, awarding Ashland-based BioSurfaces a $2.06 million grant.

11/22/2024

Downtown Worcester BID will utilize the awarded funds to enhance its annual festival through initiatives such as expanding its market staffing and campaigning, increasing its talent and production budget, and installing new equipment to process SNAP-EBT benefits.

The Out to Lunch Festival & Farmers' Market series in Worcester will offer extended dates and an expanded vendor lineup in 2025, as program administrator Downtown Worcester Business Improvement District has received a $100,000 grant through the Massachusetts Urban Agenda Grant Program.

11/22/2024

An effort to convert a historic Maynard schoolhouse into a 12-unit, mixed-income apartment building has received a combined $3 million in loan financing from MassDevelopment and Clinton Savings Bank.

An effort to convert a historic Maynard schoolhouse into a 12-unit, mixed-income apartment building has received $3 million in loan financing.

11/22/2024

The new 63,000-square-foot facility located at 200 Donald Lynch Blvd. houses research and service laboratories, offices, and facilities for customer demonstrations and training.

After three years of work and nearly $100 million in investments, Sartorius opened its Center for BioProcess Innovation in Marlborough on Thursday.

11/22/2024

Unlock the latest in Central Mass real estate! Sign up now for the WBJ Real Estate Insider.
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11/21/2024

Nominate top business leaders in Central Massachusetts for their companies’ successes and contributions to the community.
Use this link to submit your nomination today: https://www.wbjournal.com/businessleaders

Special thanks to our Presenting Sponsor Country Bank

11/21/2024

Healey on Wednesday signed her approval on almost the entirety of the 319-page, roughly $4 billion package that offers hundreds of millions of dollars of long-term state support to the life sciences and climate technology industries, clears the way for development of a professional soccer stadium in Everett, controversially shields a nonprofit accused of predatory lending, and more.

Gov. Maura Healey spent months clamoring for lawmakers to finish work on a sweeping jobs package she filed in March, and she wound up needing only about 60 percent of the time allotted for her review before making it law.

11/21/2024

Unemployment throughout Central Massachusetts in October either rose or held consistent with September’s rates while all four of the region’s metro areas experienced higher rates than in October 2023.

Unemployment throughout Central Massachusetts in October either rose or held consistent with September’s rates while all four of the region’s metro areas experienced higher rates than in October 2023.

11/21/2024

BJ’s Wholesale Club shoppers can soon expect to see an increase in their yearly billing statements as the Marlborough-based retailer plans on raising membership fees in the new year.

BJ’s Wholesale Club shoppers can soon expect to see an increase in their yearly billing statements as the Marlborough-based retailer plans on raising membership fees in the new year.

11/21/2024

David Crowley, a prominent member of the family which runs both Polar Beverages and Wachusett Mountain Ski Area, has passed away at age 69 following a fight with a rare brain disease.

David Crowley, a prominent member of the family which runs both Polar Beverages and Wachusett Mountain Ski Area, has passed away.

11/21/2024

Two days after several members of the Worcester City Council criticized Madison Properties for pulling out of a key tax-break deal in the district surrounding Polar Park and a lack of communication from the Boston-based development firm, the Worcester Redevelopment Authority attempted to get answers from Madison regarding the status of several properties key to the plan to fund the $160-million public ballpark.

Madison Properties President Denis Dowdle was in attendance but declined to speak during the Thursday hearing

11/20/2024

Several members of the Worcester City Council speaking at the body's Tuesday meeting had harsh words for Madison Properties, a key developer in the City of Worcester’s plan to revitalize the Canal District and help pay the cost of the $160-million Polar Park, after a letter from City Manager Eric Batista revealed the Boston-based developer had terminated a tax-break deal in the district.

Candy Mero-Carlson, District 2 city councilor and head of the council’s Economic Development Committee, said the City’s redevelopment authority should consider taking the Left Field parcel by eminent domain.

11/20/2024

Whether in life or in the workplace, transformations are bound to happen. How managers lead and communicate change will define the success of the new operations and how employees respond.

Whether in life or in the workplace, transformations are bound to happen. How managers lead and communicate change will define the success of the new operations and how employees respond.

11/20/2024

Navigating Challenges, Embracing Opportunities, and Transforming Healthcare

Please join us for this special two-part event - a lively discussion of important industry trends that are driving change throughout our region’s Healthcare system, and a special awards ceremony thanking and celebrating our community’s everyday champions.

Register here: https://ow.ly/jfY350Ub5QT

Thank you to our presenting sponsor UMass Memorial Health, corporate sponsor Point32Health and supporting sponsor Hospital for Behavioral Medicine

11/20/2024

With nearly 400 in attendance, the foundation’s Nov. 2 gala aimed to raise funds for the second phase of a major renovation to Milford Regional’s suite of eight operating rooms, according to a Tuesday press release. The Milford Regional Healthcare Foundation manages the hospital’s fundraising and event efforts.

https://www.wbjournal.com/article/milford-regional-annual-gala-breaks-fundraising-record

11/20/2024

Agostinelli, who has been with DAVIS for all of his professional career, most recently served as the company’s executive vice president. In his newly minted role, Agostinelli will work to drive strategic growth and promote innovation, according to a Tuesday press release.

The DAVIS Cos., a Marlborough-based staffing and talent advisory firm, has appointed a new president for the first time in a decade, promoting employee Mark Agostinelli following the departure of the CEO’s son from the role.

11/19/2024

The latest test, building off the testing of a different electromagnet in 2021, is an important milestone in the company’s quest to commercialize fusion energy creation, a technology previously limited to small-scale academic research.

Commonwealth Fusion Systems has taken another small step toward a big technological breakthrough.