The latest Central Massachusetts business news
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Thursday, July 12, 2018
VNA Care eliminating newborn home visits, 14 positions
VNA Care, a Worcester-based nursing agency, is eliminating at-home visits by nurses to newborns and their families amid a drop in reimbursement from insurers.
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WPI president named to National Science Foundation panel
Worcester Polytechnic Institute President Laurie Leshin has been named to a National Science Foundation advisory panel to encourage scientific and technological innovation in education.
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Acacia stock rises 3% as Chinese customers eyes resuming U.S. business
Shares of Maynard telecommunications equipment maker Acacia Communication opened Thursday up more than 3 percent after news its largest customer -- a Chinese smartphone maker -- would soon be allowed to do business in the U.S.
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Milford Federal Bank appoints new CFO
Milford Federal Bank has appointed a new CFO, and promoted a new senior vice president and vice president.
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WPI develops method to increase cancer drug production
Researchers at Worcester Polytechnic Institute have developed a more efficient way to produce a widely used cancer drug by genetically engineering cells from a tree.
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New CEO at Sudbury manufacturer anticipates strong 2019
Jerry Rex, formerly the president of Sudbury-based Methods Machine Tools, has taken on the additional role of CEO, the company announced last week.
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The Power 50: Chris Coghlin
As head of both Columbia Tech in Westborough and Cogmedix in Worcester, Coghlin is in charge of nearly 600 employees making products for both the capital equipment and medical device markets.
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The Power 50: Christopher Baldwin
Since Baldwin assumed the role of president and CEO in 2015, the retailer more than doubled its net income, from $24 million in fiscal 2016 to $50 million in fiscal 2018.
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Regional Roundup
Question of the Week
Tuesday we asked: Lakeway Commons, a Shrewsbury retail development anchored by a Whole Foods, includes residential units, something new shopping centers outside of city centers didn't have until recently. Two other area shopping centers under construction, Meadow Walk in Sudbury and Maynard Crossing in Maynard, also feature housing, and Shoppers World in Framingham has proposed housing as well.
Would you live in a development anchored by a big box store?
  • I like what they did in Northboro where Wegman's and BJ's are located. The multi-residential apartments are on the way into, but not right in, the retail area. Tastefully done.
  • I like residential living with amenities that are fairly close, however not part of the neighborhood.
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Most Read
Framingham State named New England's best fashion school
The most influential people in the Central Mass. economy
The Power 50: Robb & Madeline Ahlquist
Lettuce Be Local starts selling to individual consumers
The Power 50: Laurie Leshin
TUV Rheinland in Littleton to offer Wi-Fi testing
The Power 50: Chris Coghlin
Worcester has one full recreational marijuana applicant so far
Fallon hires chief medical officer, SVP

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