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| Franklin wireless-tower company borrowing $20M | | CTI Towers, a Franklin wireless-tower company, said Thursday it is borrowing $20 million from New York City financial firm CIT Group to help fuel its growth. | | Read more >> | | LCU assets reached $643M in 2016 | | Assets increased by almost 3 percent in 2016 at Leominster Credit Union, which is currently ranked as the 13th largest nonprofit financial institution in Massachusetts. | | Read more >> | | UMass Medical research provost takes WPI job | | Jean King, the current vice provost for biomedical research at the University of Massachusetts Medical School, has been named the Peterson Family Dean of Arts and Sciences at Worcester Polytechnic Institute. | | Read more >> | |
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| Week in review | |
| Out with the old, in with the new | |
Worcester's Paris Cinema is being demolishedto make way for a three-season beer garden with 320 seats and a stage. The beer garden is part of the Grid District development, which also includes coffee shop Brew on the Grid and Mediterranean grill Techni, as well as apartment buildings on Franklin Street fronting the Worcester Common.
| | Worcester to Hyannis for $99 | |
Rectrix Aviation, which operates flights out of Worcester Regional Airport, said last week that it will reduce the cost of its Worcester/Hyannis flights to $99 through Sept. 4. Flights on that route run Thursday through Monday.
| | Restaurant and bakery to close | |
Sweet Kitchen & Bar on Shrewsbury Street will close July 23 after nearly a decade in business, the restaurant's owner and executive chef said this week.
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