The latest Central Massachusetts business news
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Thursday, May 17, 2018
 
BJs seeks to go public again
 
Westborough bulk retailer BJ's Wholesale Club has filed papers to go public, the company announced Thursday.
 
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IPG Photonics eyes $215M expansion, 500 new jobs
 
Oxford fiber laser equipment manufacturer IPG Photonics is planning at least $215 million in expansions and new buildings at two different sites in town.
 
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WCCA TV lands $200K grant for 9M project
 
Worcester Community Cable Access (WCCA) has been awarded a $200,000 grant from MassDevelopment to support the local channel’s improvement project at its Main Street facility.
 
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Fallon, Tufts report losses; BCBS, Harvard Pilgrim gain
 
Fallon Health lost $4.4 million in the first quarter of the year, while Tufts Health Plan lost nearly $27 million as both insurers began operating as part of accountable care organizations.
 
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IC Federal names new CFO
 
Fitchburg-based IC Federal Credit Union has promoted its former vice president of finance to senior vice president and CFO.
 
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Mass., Worcester opioid programs get $11.7M
 
Massachusetts is getting another public funding boost to combat the opioid epidemic, this time in the form of an $11.7 million federal grant.
 
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House passes life science bill
 
The Massachusetts House on Wednesday nearly unanimously approved a bill to support the state's life sciences industry.
 
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Regional Roundup
 
 
Question of the Week
 
Tuesday we asked: At the request of a citizen petition, Worcester City Council on May 9 asked the Hanover Insurance Group to delay demolition of the Notre Dame des Canadiens church as a preservation group seeks a willing developer to repurpose the building and a $6-million subsidy to make it financially viable.
At what point should historic buildings in Worcester be demolished?
  • The character of a city is often illustrated by its taste and appreciation of architecture. We have plenty of newer "boxes"
  • We can't keep asking for investment in our city and then delay those investors from getting the full return on their investment.
  • This parcel is such a prime location it is hard to justify locking it up without a patron or use case. It should not become a burden to the tax payers when it could be such an asset.
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Most Read
 
Survey: Nurses care for too many patients
 
 
Boston Scientific responds to '60 Minutes' episode on transvaginal mesh allegations
 
 
Millbury family-owned plumbing firm was front for drug operation
 
 
Sanofi lays off 95 Framingham workers
 
 
Saint-Gobain opens life science facility at UMMS
 
 
A year after a Harrington incident, few hospitals have implemented enhanced security
 
 
Maynard Crossing project to bring life back to vacant Digital Equipment Corp. site
 
 
Study: WPI is fifth-best value for colleges in Mass.
 
 
Fallon, Tufts report losses; BCBS, Harvard Pilgrim gain
 
 
 
 

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Worcester MA, 01604