The latest Central Massachusetts business news
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Thursday, November 3, 2016
 
Auburn Mall ditches theater for medical center
 
If Simon Properties Group has its way, the Auburn Mall could soon be home to a new 62,940-square-foot medical facility, replacing previous plans for a movie theater.
 
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UMass Medical receives $1.5M to research suicide prevention
 
A UMass Medical School professor is the recipient of nearly $1.5 million that will be used in conjunction with two other researchers to study ways to reduce short-term risk of suicide for those who have been evaluated and treated by the hospital.
 
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St. V, Harrington, Heywood, Nashoba hospitals tops for safety
 
Hospitals in Worcester, Southbridge, Gardner and Ayer led Central Massachusetts in hospital safety grades.
 
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Central Mass firms granted $300K for food recycling
 
Two Central Massachusetts businesses have received $300,000 in grants from the commonwealth’s Recycling Business Development Grant program that will enable them to better process and manage packaged food material.
 
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Losses up for ReWalk in third quarter
 
Despite an increase in revenue by 20 percent, net losses hit $7.9 million for the Marlborough medical device firm ReWalk Robotics in the third quarter.
 
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Goldberg faces uncharted waters in push to bring lottery online
 
In the face of stagnant profit growth at the Massachusetts Lottery and local officials clamoring for the funding the Lottery provides them, Treasurer Deborah Goldberg on Wednesday filed a bill to allow the Lottery to expand into the online marketplace.
 
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Optimism that October surge will put state revenues in the black
 
Tax collections over the first half of October were up substantially and House budget chief Rep. Brian Dempsey is optimistic that receipts for the full month will push the state's lagging fiscal 2017 tax revenues into the black when compared with budget benchmarks.
 
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Regional Roundup
 
 
Question of the Week
 
Tuesday we asked: The Massachusetts Department of Transportation switched over to electronic tolling in the state over the last weekend in October. The new technology enables drivers to travel at speed onto roads like the Massachusetts Turnpike and through toll gantries, which will either directly charge a driver's E-ZPass account or send a bill to the owner of the vehicle.
With all electronic tolling now in place on Massachusetts roads, how do you think it will impact your business?
  • We all know the old told taker system costs 80 cents for every dollar collected. Funny, I've seen no cost figures for the new gantry system. A painless taxing system, I predict there will be more gantries with higher toll rates. If they just added a nickel to the gas tax and "only"
  • People that do this commute occasionally do not have a lot to say or offer. Do this horrid commute on a daily basis and let me know your opinion on what a time and stressor it is. It is just awful We need better trains to ease this congestion from Worcester.
  • Tolls on the Mass Pike should have been eliminated and revenue replaced with a higher gas tax. The tolls are an inefficient revenue source and unfair to a select few traveling on one road.
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Mass Pike electronic tolling starts tomorrow
 
 
MassDOT offering tolling grace period
 
 
Harvard Bioscience sells German subsidiary for $1.7M
 
 
Solect opening 7,000sf Holliston warehouse
 
 
Online gaming commission to start deliberations
 
 
Mass. selects CT solar over Maine wind
 
 
A "major" pharma employer could fill Devens site
 
 
 
 
 
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