The latest Central Massachusetts business news
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Wednesday, June 14, 2017
 
Worcester starting eminent domain process to seize restaurant, cell phone store
 
The Worcester Redevelopment Authority is moving toward taking two properties valued at more than $500,000 as the first step of a sprawling revitalization effort, planning to use eminent domain if necessary.
 
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Canal District parking lot to become $20M development
 
The vacant dirt lot in Kelley Square, which has largely served as a parking lot for Crompton Place in the Canal District, will become a four-story building with 48 apartments, a diner and a public market in late 2018, according to the property owner.
 
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Nichols launches counterterrorism grad degree
 
Nichols College in Dudley has launched a master's degree in counterterrorism as a way to help the U.S. Department of Homeland Security offset violent extremism.
 
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Bill calls for 28% marijuana tax
 
A key House committee that for months has been vetting the marijuana legalization ballot law will propose to more than double the tax rate on the sale of pot in Massachusetts from what was approved by voters in 2016.
 
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Avidia Bank opening Framingham location
 
Avidia Bank plans to open a full-service location in Framingham this summer, and on Wednesday announced the new branch’s leadership team.
 
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Nonprofits speak out against property tax legislation
 
Hospitals, human service providers, churches, YMCAs and land conservation groups turned out Tuesday to try to sink pieces of legislation that call for some non-profits to pay more in property taxes or community payments.
 
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IPG Photonics buys Florida company
 
IPG Photonics has purchased one of its suppliers, a Florida manufacturer of chirped volume Bragg gratings.
 
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Regional Roundup
 
 
The List: Top incubators
 
Ranked by number of incubating companies
 
Name Number of incubating companies Head of incubator
Massachusetts Biomedical Initiatives
27 Kevin O'Sullivan, president and CEO
ABI Lab 12 Gary Kaufman and Raphael Nir, managing partners
TechSandBox Inc. 10 Barbara Finer, CEO
Worcester CleanTech Incubator 10 Joseph Bush, executive director
Tufts Biotechnology Transfer Center
6 Joseph McManus, executive director
Sources: Each facility via survey.
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Most Read
 
Holy Cross, Clark, FSU rebuff Trump, commit to climate accord
 
 
Former Pepperell businessman sentenced for concealing $3-4M in funds
 
 
Assisted suicide case to move forward after judge rejects dismissal
 
 
McGovern 'ashamed' of low SNAP benefits
 
 
New beer laws needed this saison
 
 
TJX rises, Staples falls on Fortune 500 list
 
 
BJ's enters South Carolina, its 16th state
 
 
Harvard Bioscience elects new board chair
 
 
Boylston starting to unleash sleeping giant of development
 
 
 
 

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