The latest Central Massachusetts business news
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Wednesday, December 6, 2017
 
Worcester increases tax burden on businesses
 
Despite urging from the business community and Worcester Regional Chamber of Commerce, the City Council on Tuesday night adopted tax rates shifing more of the tax burden to commercial properties.
 
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Astellas Institute to relocate to Westborough
 
The Astellas Institute for Regenerative Medicine, based in Marlborough, is moving to the Westborough Technology Park, according to the Westborough Economic Development Committee.
 
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Staples, Rotman's warehouse in Clinton sells for $20M
 
Wakefield real estate investment firm NorthBridge Partners has purchased a 345,000-square-foot industrial building in Clinton for $20.4 million.
 
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Rutland solar firm completes $100M in projects
 
Rutland solar project developer Zero-Point Development and a New Jersey energy services firm have completed the construction of 31 megawatts of solar energy projects across Central and Southeast Massachusetts.
 
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Rand-Whitney plans 45,000sf Worcester expansion
 
Worcester-based Rand-Whitney, a corrugated packaging manufacturer owned by the Kraft Group, is expanding its Worcester facility by adding 45,000-square feet to its current headquarters at 1 Agrand St.
 
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10 Things I know about... Why you should start a Worcester business
 
10) Diverse and stable economy. Worcester is home to companies of all sizes from various industries including manufacturing, life sciences, education, healthcare and financial services.
 
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Health agency to pay $14M for MassHealth fraud
 
A home health agency that operated in Worcester and other locations will pay more than $14 million to settle allegations it overcharged for services from MassHealth, the state Attorney General’s office announced Tuesday.
 
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Regional Roundup
 
 
The List: Largest Private Foundations
 
Ranked by assets
 
George I. Allen Trust, Worcester $179,786,442
MetroWest Health Foundation, Framingham $98,208,066
Stoddard Charitable Trust, Worcester $82,517,965
TJX Foundation Inc., Framingham $65,443,983
Hermann Foundation, Inc.  $60, 783,837
Source: foundationcenter.org and GuideStar
To view more data, visit WBJournal.com
 
 
Most Read
 
First Worcester County pot dispensary opens in Leicester
 
 
Worcester approves $1.3M courthouse sale
 
 
NYC executive opens Worcester marketing agency
 
 
Athol hopes for new life with marijuana facility
 
 
MAPFRE Insurance restructures, ceases operation in five states
 
 
Worcester Sun acquires Mass Foodies print rights
 
 
Milford Regional back in black with financial turnaround
 
 
Saint-Gobain acquires Pennsylvania manufacturer
 
 
Consigli, Framingham firm to pay $275K in asbestos settlement
 
 
 
 

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