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Monday, July 24, 2017

Despite company shortcomings, Worcester kept tax breaks in place

In the last five years, 75% of Worcester tax breaks were successful, but the city kept the benefits even for almost all missing their goals.

A brewery and taproom will open in downtown Marlborough later this year with the help of financing from the city's economic development agency.

The Queen’s Cups bakery has officially closed its Millbury store and plans to welcome customers to its new Canal District location next month.

Movers & Shakers

Millbury Savings Bank, Worcester Polytechnic Institute, UniBank and others all announced recent promotions or hires.

Tegra Medical names new general manager

Franklin-based Tegra Medical on Monday announced John Rieth is now the company’s general manager, responsible for the Franklin management team and plant operations.

Attorney General Maura Healey on Friday plans to ask state regulators to not only reject Eversource's request to boost its electric rates by $96 million but to also order that the utility decrease the rates it charges customers.

State tax collections for the fiscal year that ended June 30 rose only 1.4 percent from fiscal 2016, but were up 3.1 percent in June compared to June 2016, the Department of Revenue reported on Friday.

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