Worcester Chamber Names Skyscope Creative Entrepreneur of the Year

In an announcement heralding the “overnight success” of a rapidly growing central Massachusetts-based company, The Worcester Regional Chamber of Commerce recently named Skyscope Creative as its choice for Entrepreneur of the Year. Alex Dunn, Skyscope’s Chief Operating Officer and one of its three founding...

Stop & Shop and Hannaford – The Makings of an Arranged Marriage

The parent companies of regional grocery giants Stop & Shop and Hannaford have been looking into combining their operations under one umbrella for quite some time, but they may have a small roadblock in that plan – the Commonwealth of Massachusetts. The shareholders of Royal Ahold and the Delhaize...

Top CEO Salaries in Massachusetts

A current hot topic in the media is the growing gap between CEO and average workers’ salaries. In Massachusetts, the average CEO made 97 times the average worker’s salary. This data comes from “Executive Paywatch: High Paid CEOs and the Low Wage Economy,” published by the American Federation of Labor...

New England States Explore Energy Alternatives

Energy is expensive everywhere. However, while it may not be widely known elsewhere around the country, it is certainly no secret to those of us living here in Massachusetts that the commonwealth ranks as one of the most expensive when it comes to energy costs. With this in mind, state legislators and...

Report: Massachusetts One of Top ‘Middle Market’ States

The Middle Market Power Index from American Express and Dun & Bradstreet reports that Massachusetts has 3,963 middle market companies with annual revenues between $10 million and $1 billion. This translates to just a bit over one-percent of all businesses in the Commonwealth. According to the report,...

Some MA Business Owners Urging Delay of Sick Time Law

In November of 2014, by a margin of 19 percent, voters in Massachusetts clearly expressed their wishes that a statewide provision be implemented requiring all employers to offer sick time. Every employer in the state will soon be required to offer either paid or unpaid sick time, depending on their number...

Worcester Chamber Lists Annual Business Award Winners

The Worcester Regional Chamber of Commerce announced their list of local business award winners, all of whom will be honored at a special ceremony commencing at 4:00 p.m. on May 14, 2015, at The Haven Country Club in Boylston. The Richard B. Kennedy Business of the Year award goes to Imperial Distributors,...

Massachusetts’ Unemployment Rate Lowest In 7 Years

The Executive Office of Labor and Workforce Development (EOLWD) announced Thursday that Massachusetts unemployment fell from 4.9% in February to 4.8% in March. This is the lowest unemployment figure since February of 2008. The “Great Recession” drove Massachusetts’ unemployment to a high...

Raytheon buys 80% of Websense for $1.9 billion

In an effort to improve its cyber-protection technology, Waltham-based Raytheon has reached agreement with private-equity firm Vista Equity Partners LLC  to acquire an 80 percent share of Websense Inc. for $1.9 billion. Vista acquired Websense two years ago for about $990 million. Raytheon plans to...

Advanced Manufacturing Report Urges a Change in Public Perception

The New England Council released a report on Wednesday that urged for increased training for advanced manufacturing workers throughout New England. At the same time, they recommended changing the public’s view of these industries by focusing on its safety. The report, titled “Advanced to...

Baker Being Urged to Replace MBTA Board

Based on findings recently  issued  by a panel he appointed in February to investigate blizzard-related system shutdowns, Governor Charlie Baker is now being urged to find new leadership for the beleaguered MBTA. including asking for the resignations of the entire MassDOT Board of Directors. In a press...

Spaulding Closing Salem Location

Administrators at Spaulding Hospital have announced that it will shut down The Spaulding Hospital for Continuing Medical Care North Shore’s inpatient operations by the end of September 2015, with the hospital saying that new federal regulations will severely impact patient volume. Approximately 320 people...

Boston to Investigate Gender Wage Gap

On Tuesday, Boston Mayor Martin J. Walsh jumped head first into the bickering swirling around the issue of the gender wage gap. He did so by announcing that the city is getting set  to study the wages of male and female employees at dozens of  local companies. This is the first attempt by any major U.S....

Coffee is… GOOD FOR YOU??

Over 50% of the American adult population drink coffee daily. The next time you feel bad about making your fourth trip to the break room in two hours, allow yourself to bypass the guilt of relying so heavily on the bean and remind yourself that your caffeine habit (it’s totally not an addiction) could...

Berkshire County Rep. Proposes Change to Minimum Wage for Tipped Workers

Representative Tricia Farley-Bouvier of Berkshire County, Massachusetts has presented a bill that, if passed, would gradually increase the minimum wage for tipped workers in the state until they are paid the same as other minimum wage workers. This is an addition to the current law, which will increase...

Gains Reported in State’s Human Services Sector

A new research study released by the Donahue Institute at the University of Massachusetts in conjunction with UMass Dartmouth has revealed that human services sector employment in the Bay State increased nearly 48 percent during the years spanning 2003-2011, a fact many in the industry will surely find to...

Will the MBTA Cause the Demise of 2024 Boston Olympics?

At a Suffolk University panel convened in Boston on March 17th, there was a discussion regarding two closely related subjects: improved infrastructure and the possibility of hosting the world’s Olympic Summer games in 2024. This past December, Boston Mayor Marty Walsh said that the Olympics...

Massachusetts Lighting Company Doubles LED Sales

Everyone knows that Massachusetts is a hotbed for companies in fields like biotech, research and development, medical device manufacturing, and… lighting…. uh, wait… whut? That’s right, there is a rapidly expanding market for cost-effective, energy-efficient, commercial lighting...

GE Prepares for Marlborough Site Summer Launch

General Electric’s decision to move its Healthcare Life Science division from New Jersey to Marlborough was initially met with tempered enthusiasm by those gauging its economic impact on the region. However, recent projections predict that the center will employ over 500 full time employees no later than...

Study Says a Carefully Planned Boston Olympics Could Bring in Billions

As Boston prepares its bid for the 2024 Summer Olympic Games, supporters and detractors have come out of the woodwork. However, according to a study done by The Boston Foundation and the UMass Donahue Institute, the Olympics could bring up to $4 billion to the state’s economy. According to the study, the...

A Full and Exciting Year for Harvard Bioscience

Harvard Bioscience of Holliston, a global developer, manufacturer and marketer of a range of life sciences equipment, has reported record quarterly revenues of $30.4 million for Q4-2014, an approximate 9.0 percent increase of $2.5 million in comparison to the $27.9 million earned in Q4-2013. The company...

Baker Takes $750M from MassHealth with New Budget

On Wednesday, March 4th, Governor Charlie Baker filed a $38.1 billion budget proposal which includes recommendations for increased spending on objectives like local aid, transportation and higher education. The budget also proposes cutting more than $750 million from MassHealth to help fill a projected...

Central Massachusetts Stands Out in Nursing Home Rankings

It seems that Massachusetts may be the best place to go for rehabilitation and aftercare. Eleven of Central Massachusetts’ nursing homes have received the top rating in U.S. News & World Report’s annual list of best nursing homes. The list for 2015 bestows five-star status to four Worcester...

Boston Scientific Purchases American Medical Systems Unit for 1.6 Billion

Boston Scientific, a Marlborough-based life sciences company, announced on Monday that it has agreed to acquire the urology division of American Medical Systems for $1.6 billion. Boston Scientific expects to close the acquisition in the third quarter of 2015. This will be the company’s largest acquisition...

Employee Engagement and Wellness Top Priorities

Employee engagement and wellness continues to be a hot topic in business circles, as executives look for more ways to increase productivity and boost growth. At the same time, the job market is improving enough that some managers are becoming concerned about ways to keep their best people. A recent report...

Quincy Officials See New Project Jumpstarting Downtown Redevelopment

In recent years, the city of Quincy has demonstrated an impressive commitment to its economic growth and revitalization. It was, in fact, the first city in the Commonwealth to receive District Improvement Financing (DIF), a state program that enabled the city to create a district improvement financing zone...

Worcester Chamber to Host Debate of Boston Olympics Bid

The Worcester Regional Chamber of Commerce is about to host a debate discussing the pros and cons of Boston winning its bid to host the 2024 Olympics Games. The debate will be held as two separate functions, and is intended to discuss the possible implications for Worcester should Boston become the host...

Study Foresees Continued Medical Technology Growth

The medical technology industry is growing as an increasingly significant sector of the Massachusetts economy. According to predictions from Evaluate Ltd., a market research firm, it is expected to grow at a 5 percent annual rate for the next five years. The report, entitled “EvaluateMedTech World...

Worcester Chamber Looks at Springfield Casinos as Model

  In what could soon become a blueprint for other regions to follow when planning for urban development, the proposed MGM Springfield casino is being set up to embrace its surrounding community rather than shut it out or physically divide it. According to James Murren, Chairman and CEO of MGM Resorts...

Massachusetts a Leader in LEED-certified Construction

For the third consecutive year, the Commonwealth of Massachusetts ranks among the U.S. Green Building Council’s Top 10 in the US. The rankings consider sustainable building design, construction, restoration and rehabilitation and, in terms of square feet per capita, Massachusetts is fifth-best in the...

The End of AstraZeneca in Westborough

The AstraZeneca plant in Westborough has announced it will shut its doors permanently by the end of 2015. This is the final step the company has taken to shut down the plant, having already decreased employee levels there from 800 to just 180.  More employees will be relieved by March, but others will...

Snow Throws Wet Blanket on Economy

Starting in late January, Massachusetts has been battered by major snowstorms that have blocked roads, buried parking spaces, and caused widespread power outages. MBTA service has been limited, and even shut down in places. Snow and ice continues to block roads, keeping people away from shops and...

Beaton Plans to Lower Energy Costs By Implementing Solar

With his focus on “energy justice,” the new state Energy Environmental Affairs secretary, Matthew Beaton’s main objective is reducing energy bills with a plan for installing solar power on city apartment buildings. At a roundtable meeting, Beaton said, “We need to look at the fiscal realities. A lot...

Medical Device Manufacturer Moves to Worcester

Cogmedix, a wholly owned subsidiary of Westborough-based Coghlin Companies Inc., recently announced the relocation of its world headquarters to 17 Briden Street in Worcester.  The medical device engineering and manufacturing services provider has become quite a success story in an increasingly important...

Baker Resists Tax Hike for “T”

Charlie Baker thinks the issue of the how to fix the lingering issues related to the financially-troubled MBTA transit system in Boston is still up in the air.  During a February 19 appearance on WGBH Public Radio in Boston, Governor Baker said that, while all options are being evaluated, the issue of...

Staples Acquiring Office Depot for $6.3 Billion

Options for stationery and computer accessories are set to change after Framingham-based Staples, Inc. officially merges with Office Depot next year. Staples is acquiring its major rival in a $6.3 billion deal that should be completed by the end of this year. CEO Ron Sargent aims to reinvent the brand and...

Technology Skills for Manufacturing are Lacking in Region

With recent trends toward onshoring and reshoring, manufacturing jobs are gradually returning to the USA from overseas. Most do not, however, seem to be finding their way into Central Massachusetts. While manufacturing – and the technology propelling it forward – is projected to continue to...

Home Sales End Year on Upswing

December 2014 marked the end of a better year for home and condominium sales. The market came back with both more sales and higher prices. December marked a long uphill climb of nearly two years of returning sales, with a continuing upswing over the past twenty-two months. Due to a lack of available...

Mass Revenue Gains Are Good – Not Great

With the month of January coming to a close, the Commonwealth of Massachusetts received a mixed bag of news as legislators poured over projected revenue surpluses and the instability of state, national, and world economies. Economic experts forecast an increase in state tax revenues around 4.5 percent for...

Worcester Groups Pitch Transportation Solutions – Seek Backers

In an effort to provide much-needed transportation solutions in Worcester, seven groups provided ideas for a National Science Foundation program. This program, which was also shared with the cities of San Diego and Chicago, seeks to provide solutions to the cities’ transportation issues that arose out...

Massachusetts adds 10,900 jobs in December

According to a January 22, 2015 statement from the Massachusetts Executive Office of Labor and Workforce Development (EOLWD), there were 10,900 jobs added in Massachusetts in December. The EOLWD based these figures on early estimates provided by the Federal Bureau of Labor Statistics (BLS). The largest...

UMass Amherst Replacing Campus Bookstore with Amazon

Students at the University of Massachusetts Amherst campus will no longer be buying their textbooks at the campus bookstore. That familiar on-campus amenity is being replaced by online retail giant Amazon.com. The current textbook annex operated by Follett Corp. is being replaced by an Amazon distribution...

Harvard Pilgrim Acquires TrestleTree

Wellesley, MA–based Harvard Pilgrim Health Care announced Friday that it has purchased Arkansas-based TrestleTree, Inc., provider of lifestyle health behavior change coaching. Harvard Pilgrim’s interest in TrestleTree developed because of their software, which supports and monitors patient progress in...

Baker Announces New Business Posts

Nominations for vital business posts were recently announced by the incoming Baker administration. The candidates chosen are well-known and , as a result, their nominations have been met with little fanfare but, more importantly, little protest. Baker named John Chapman as his new Undersecretary for...

Study Foresees Continued Medical Technology Growth

In recent years, the medical technology and medical device manufacturing industries have become an increasingly significant sector of the Massachusetts economy. According to predictions from Evaluate Ltd., a market research firm, it is expected to grow at a five percent annual rate for the next five years....

It’s #GivingTuesday

We just had a day of giving thanks, plus two more for getting great deals on seasonal gifts. Now, we have #GivingTuesday, a global day dedicated to giving back. Today, charities, families, businesses, community centers, and students around the world come together for one common purpose: to celebrate...

Do You Hate Your Boss?

You know the feeling! The very thought or mention of your boss causes your knuckles to turn white and your blood pressure to go through the roof. Family members and friends know to avoid mentioning his or her name unless they want the conversation to take a turn for the worse. Dealing with a bad boss can be...

Cutthroat Shopping App Lets Retailers Compete for Shoppers

With Black Friday and its shopping bonanza madness quickly approaching, big retailers are getting ready to fight each other in an effort to attract customers during the busiest shopping days of the year. In recent years, major retailers such as Target and Walmart have waged discount and inventory battles to...

Baker Chooses Lepore For Top Finance Post

Governor-elect Charlie Baker  has named Kristen Lepore as the head of his finance office. Currently, Lepore is the Vice President of Government Affairs at the Associated Industries of Massachusetts. Previously, Lepore was the Deputy Chief of Staff to Governor Cellucci and the Director of Fiscal Policy in...

Amazon Announces 100 Percent Renewable Energy Initiative

In recent years, big corporations such as Facebook, Google, and Apple have all made the push toward renewable energy. Despite these companies’ moves to more green sources for energy, Amazon failed to follow suit. On Wednesday, November 19, 2014, they finally changed their tune. Amazon Web Services was...

Burgers and Kale? – Fast Food Takes a Healthy Twist in Boston

Ever heard of a fast food burger joint that sells fruit smoothies – and kale? Well, you have now. Meet Jon Olinto and Anthony Ackil, childhood friends and co-owners of the Boston-based b.good fast food chain. Started in 2004, b.good’s goal was to sell high-quality fare, proving that fast food...

Final Weeks for Governor Patrick to be Marked by Wind Energy Auction

Massachusetts Governor Deval Patrick is not resting on his laurels for his final weeks in the corner office. On the contrary, he is advocating for a large auction for offshore wind development. Patrick has reportedly told public relations executive Helene Solomon that the federal government would be...

Eight Tips About Holiday Networking

As the holiday season approaches, professional holiday parties will also begin sprouting up. This is the perfect time to begin perfect your networking skill set. Here are a few ways in which you can master holiday networking and take new connections with you into the new year!   1. Go...

Shire Moving Headquarters to Lexington

Pharmaceutical company Shire, PLC says its plans to make Lexington, Massachusetts its U.S. operational headquarters and will begin the transfer of more than 500 jobs there from its Chesterbrook, Pennsylvania, site. The drugmaker is headquartered on the British island of Jersey and currently has about 5,000...

Great Wolf Water Park May Lose $17M in Tax Incentives

The possibility of rescinding a $17.2 million tax incentive package on a deal with Great Wolf Resorts is now being considered by Massachusetts’ Economic Assistance Coordinating Council (EACC) after it was discovered that the company selected subcontractors who didn’t use union labor for their water...

THE CHALLENGE: Keeping Our Graduates Closer to Home

The dearth of graduates from Worcester-based colleges who remain in the area recently served as the main topic of the day for the Worcester Regional Research Bureau at Assumption College. Hosting a panel discussion entitled, “Degrees of Separation: Retaining College Graduates in Greater Worcester,” the...

Aaron Portnoy to Speak at Worcester Economic Club

World-renowned computer security expert Aaron Portnoy will be the featured speaker at the Worcester Economic Club’s 533rd meeting, scheduled for Wednesday, November 19th, 2014 at the Hogan Campus Center at the College of the Holy Cross in Worcester. Portnoy graced the July 21, 2014 cover of TIME...

Clark University Receives $542K in NASA Grants

Clark University will receive $542,098 in grants from the National Atmospheric and Space Administration (NASA) to explore the carbon uptake and release in forests across the United States. The recipient is Christopher A. Williams, an associate professor in Clark’s Graduate School of Geography. Williams is...

New Wristband Claims to Shock Users Out of Bad Habits

A company in Boston called Behavioral Technology Group has created a wristband called Pavlok that shocks people with 340 volts of electric current. After putting the product on the crowd-funding site Indiegogo, the company has raised three times the amount of their original goal of $50,000. That’s...

UMMS Receives Grant of $7.5M to Fight Ebola

In an effort to help fight the spread of Ebola, The University of Massachusetts Medical School (UMMS) announced last Thursday that it received an award of $7.5 million to provide much needed resources to fight Ebola in Liberia. The generous endowment will help provide immediate assistance to the West...

New Massachusetts Energy Chief Says State Can’t Rest in Push for Renewable Energy

Bespectacled Maeve Bartlett stood behind a glossy black podium at the DCU Center and made a bold claim: The Commonwealth of Massachusetts is, she said, the national leader in meeting the challenges of climate change and adopting renewable energy technologies. Numero uno. The criteria: megawatts. In 2007,...

EnerNOC to Spend $76 Million for World Energy Solutions

Boston energy software company EnerNOC Inc. announced on Tuesday that they plan to lay out $76 million in cash for energy auction business World Energy Solutions, Inc.  This places a value of $5.50 for each share of World Energy stock, about 1/3 higher than Tuesday’s closing price of $4.15 per share...

Three Lessons Jeff Bezos Taught Me About Running a Startup

Approximately twenty years ago, serendipity helped new Seattle resident Maryam Mohit take a giant leap toward her dream to start an online bookstore. That vision helped blossom due to a friend’s suggestion that she meet with “a guy named Jeff” who had a similar outlook. That person turned out to be Amazon...

Boston’s Sapient Corp to be Sold in $3.7B deal

French advertising conglomerate Publicis Groupe has acquired independent Boston-based ad agency Sapient Corp. for $3.7 billion in a deal that was announced on Monday morning. Sapient’s current co-chairman and CEO Alan Herrick will be CEO of the new Publicis.Sapient group, which will add Razorfish Global and...

ACEEE: Massachusetts Tops California as Most Energy-Efficient State

Recently, the American Council of Energy-Efficient Economy (ACEEE) released the eighth edition of the State Energy Efficiency Scorecard. The scorecard ranks the states based on various energy-efficient metrics such as how much electricity and fuel they use and their overall carbon footprint. In 2014,...

Are Massachusetts’ Medical Records Good Enough to Help Fight Ebola?

Electronic medical records are meant to be helpful for all medical professionals. However, if we look at the case of the first person to die from Ebola in America, some of these records are clearly not up to snuff . When Thomas Eric Duncan went into the hospital complaining of not feeling well, he noted...

Is MA Real Estate Market Rebounding?

With prices stabilized and interest rates under 4.25 percent, buyers appear confident in the Massachusetts housing market. According to the Massachusetts Association of Realtors (MAR), pending sales of both single-family homes and condominiums continued rising in September. The MAR noted a 22 percent...

Apple and Bose Settle Patent Dispute

These days, as we are constantly surrounded by noise and seek personal respite, noise cancellation is an increasingly popular – sometimes necessary – technology that subtracts noise in the surroundings from what is heard through a headset. This technology has proven to be “big money.” Two...

Starting Salaries Projected to Rise 3.8 Percent in 2015

According to human resources firm Robert Half, it is expected that annual salaries for professionals in the USA will increase by 3.8 percent in 2015.  Those working in information technology (IT) and other technology fields are expected to benefit the most. New entrants in the information technology...

Massachusetts Emerging as Robotics Leader

In the Commonwealth of Massachusetts, one need not look very hard to find robots under construction, being tested or in action. The state is fast becoming the robotics capital of the country. A long list of companies make their headquarters here including iRobot Corporation, the creators of the Roomba...

Massachusetts Task Force Challenges Companies To Promote Women

A state task force was established by Massachusetts Governor Deval Patrick to encourage the hiring of female employees in the Commonwealth. The task force is suggesting that companies permit more flexible scheduling, and hire and promote female workers to higher positions. Almost half of the employees in...

Three Ways to Grow Your Business

Building a business requires hard work, determination and talent. When it comes to the methods used to build your company, there are literally hundreds of processes to choose from. In reality however, there are only three effective ways to build any business. Bringing In New Clients The only way your...

Improvements to South Station Could Boost Framingham/Worcester Rail

According to Massachusetts Transportation Secretary Richard Davey, Boston’s South Station is “becoming a choke point in the system and an obstacle to expanded service.” Davey placed a request with lawmakers on October 9 asking them for help with negotiating a deal that has the potential to allow the...

AbbVie-Shire Deal Dies, Causes Fallout for Massachusetts

Last month, the U.S. Treasury took action to make tax inversion deals less profitable. This is cited as a primary reason AbbVie reportedly dropped plans to acquire Shire. This decision calls into question another deal similarly based on tax inversion involving Medtronic and Covidien. In the wake of the...

Five Things to Know About Webster Bank’s Boston Expansion

Webster Bank history spans nearly eight decades, but was first introduced to the financial district five years ago. Since that time, their efforts to gain traction in commercial banking by targeting business owners have been quite successful and, although the bank hasn’t successfully expanded into the...

Two Atrius Health Providers Merging in 2015

Two major healthcare provider organizations will be ringing in the New Year by breaking away from Atrius Health. Worcester-based Reliant Medical Group and Southboro Medical Group have announced their merger plans will take effect on January 1, 2015.  The two will merge together into a new organization that...

MA Senate Passes $80 Million Spending Bill

An $80 million spending bill was recently approved by the Massachusetts State Senate to end the 2014 fiscal year. The bill will allow select state agencies to spend money from the 2014 fiscal year in the 2015 fiscal year. Five million dollars was also included to reimburse cities for expenditures from...

Ebola and the Economy

Unless you’ve been under quarantine for the past few weeks, you know that Ebola has once again reared its ugly head, causing widespread concern – bordering on panic in some quarters – about the possibility of a global pandemic. How realistic a possibility is this?  Could it actually happen? Frankly, it’s...

Needham wins Google’s Annual eCity Award in Massachusetts

This Wednesday Google will honor the the city of Needham, MA with the company’s annual eCity award. In an attempt to identify the “digital capitals” of America, the award (which went to Westborough last year) is meant to recognize the communities with the strongest online business presence in every...

What Caused Last Month’s Increase in the Massachusetts Jobless Rate?

Showing signs of improvement over weak August numbers that had the state losing an estimated 5,000 jobs, Massachusetts employers reported on Thursday they had added 9,400 jobs in September. The data came from the monthly jobs survey conducted by the Executive Office of Labor and Workforce...

Worcester Chamber Says ‘No’ to All Four Ballot Questions

In November, voters across the Commonwealth will have the option to cast their vote for or against four positions that could impact business across the state. Recently, the Worcester Regional Chamber of Commerce met to discuss each of these questions in detail and to develop a policy to assist its members...

Massachusetts Receives $327,000 in AT&T Settlement

Class Action Case No. CV-09-1529 SI never went to court. The two sides – the Federal Trade Commission and AT&T – settled in October, 2014. AT&T, the largest mobile phone service provider in the nation, agreed to pay $105 million for unauthorized cell phone charges in a practice known as “mobile...

Columbia Tech Names Laura Deming Senior VP Engineering

Columbia Tech, a contract engineering, design, and manufacturing services provider based in Westborough, MA has announced that Laura Deming has joined its team as Senior Vice President of Engineering. With more than 25 years of experience building and leading talented teams in delivering innovative...

Framingham Company Merges with NYC IT Provider

Framingham-based VP Solutions Inc., and another national information technology service company ComputerSupport.com, have confirmed they are merging to better capitalize on market opportunities in the the IT and digital industries. This trend of mergers continues throughout the industry as companies look to...

Candidates for Top Office Go Silent on Non-Competes

Both major-party candidates for governor,  Charlie Baker and Martha Coakley, should have been in the hot seat on non-compete clauses this past Monday. After all, they were in Cambridge speaking with an audience of young, tech-oriented, startup-minded, entrepreneurial spirits.  But if anyone was looking for...

Manufacturing Day 2014

For the past three years, the annual observance of Manufacturing Day has been a time for manufacturers from across the United States to come together as a group in a concerted effort to take charge of the nation’s perception of the industry and to demonstrate the different ways domestic manufacturing...

2014 Big E Enjoys Record Breaking Attendance

The 2014 Big E set a new attendance record of 1,498,605 as fair enthusiasts flocked to the annual regional event. Eager visitors also broke 1980’s single day attendance record on Saturday Sept. 20th when 170,612 visitors poured into the fairgrounds. This year’s attendance figures represent a healthy...

Here Come the Robots

A new type of worker is being introduced in factories across the United States: small collaborative robots. These machines can increase a factory’s production output while simultaneously lowering production costs. Less costly than more bulky and complex machines, collaborative robots are most often being...

Cuban’s 12 Rules for Startups

In the modern American business landscape, few have been more successful – and outspoken – than Mark Cuban. If his $2.7 Billion net worth isn’t impressive enough for you, a quick glance at the list of companies with which he is involved is truly staggering.  (For those who may be...

GOP’s Baker Unveils Economic Development Plan

Charlie Baker, Republican candidate for governor of Massachusetts, unveiled his economic and development plan Wednesday. The candidate claims that the plan will help build better schools, create jobs, and help to strengthen local communities. Included in the plan are several proposals that would use tax...

No Room for an Education?

A recent study by Northeastern University Law School yielded an unexpected tidbit of information; many vocational and technical high schools in Massachusetts have a significant waiting list for admissions. What was once a path chosen primarily by those unable or unwilling to go to college, gaining admission...

3D Printing – Not for the Masses?

Somerville, MA-based Formlabs, a relatively new company on the scene of 3D printing, stands poised and ready to revolutionize the market. The driving force behind the company’s advancement, Colin Raney, has some ideas about how the technology will change industry in the future, and not all of them are...

Two MA Tech IPOs to Watch

Buzz surrounding the local tech community has been perking up lately with the recent announcement of two IPOs. Just last week, Boston-based online retailer Wayfair announced plans to raise $350 million in an IPO scheduled for the fall.  Now, Cambridge-based HubSpot has indicated that they also have plans to...

Are Occupational License Requirements Stifling Competition?

Thanks to established corporations trying to prevent their customers from jumping ship, U.S. entrepreneurs are facing a barrage of stifling occupational licensing requirements that raise the threshold expense of launching their own business. These requirements effectively curb competition through the...

Staples to Close 140 Units – Sign of Trouble Ahead?

As more people enjoy the convenience of online shopping and fewer people are using paper office supplies, Framingham-based office retail giant Staples has announced it’s well on its way to closing 140 stores this year in its effort to save over $500 million within two years. The announcement provides...

TGP Northeast Energy Direct Pipeline – Will it Help or Harm?

There’s a proposal in place to build a high-pressure natural gas pipeline to run from Pennsylvania through New York state into Massachusetts, where it would join with existing pipelines that connect to the Massachusetts and Canadian coasts. This controversial pipeline is intended to carry natural gas...

Worcester, MA Ranked Among Nation’s Worst for Small Business

Popular Science writer George Iles once said that hope is like faith holding out its hand in the dark. That is pretty much how the small business community of Worcester feels after two recent surveys. One of the surveys, which was conducted by the Ewing Marion Kauffman Foundation in partnership with...

Aaron Portnoy to Speak at Worcester Economic Club

The Worcester Economic Club (WEC) announced today that Aaron Portnoy, a world-renowned computer security expert, has been booked as one of its speakers of the 2014-2015 WEC Speaker Series. Portnoy is featured on the July 21, 2014 cover of TIME Magazine’s “World War Zero: How Hackers Fight to Steal Your...

Are Employee-Owned Companies the Future of Business in MA?

Boston-based Harpoon Brewery announced last week that 48% of the company will be sold back to its employees by August 1st, forming an Employee Stock Ownership Plan (ESOP) that will act as a trust for all of Harpoon Brewery’s employees. Harpoon is one of the larger craft breweries and, with a steady...

Has the Massachusetts Economy Turned the Corner?

With one of the worst hit economies in the United States during the banking crisis of 2008, Massachusetts has had a long slog of it during recent years. However, certain statistics seem to indicate that the economy of the state is turning around. Currently under 6%, Massachusetts has one of the lowest...

Boston’s Real Estate Market – Too Hot for Startups?

As far as commercial real estate markets go, Boston is among the best in the country. According to real estate research firm Reis Inc., the retail-vacancy rate fell 10 basis points in the past three months, and the city is now tied with Austin as the 12th best in the nation. What does this mean for...

Massachusetts Tax Holiday – Setting Up for Boom or Bust?

A two day tax holiday is being promoted in Massachusetts in an attempt to increase sales and drive the economy. It is the belief of many, both in government and in the business community, that this small break in taxes will increase sales and be beneficial to the economy. However, not all business owners...

Are Non-Compete Clauses Fair?

An increasing number of employment contracts are including a non-compete clause, and that has sparked a legitimate debate. Most non-compete clauses say that a person cannot work for a company in a similar industry for one to two years after leaving their employment. Is that fair? Let’s look at both...

Should Cape Wind Receive $150 million Federal Loan Guarantee?

The U.S. Department of Energy has announced that it will grant a $150 million loan to advance the Cape Wind energy project in Massachusetts, provided backers can secure an additional $2.6 billion in financing. If successfully built, Cape Wind will consist of 130 wind turbines capable of producing 360...

Should Partners HealthCare System be Allowed to Acquire More Boston-area Hospitals?

A three week comment period has been ordered by a Suffolk Superior Court Judge before a final ruling permitting or denying a settlement between Massachusetts Attorney General Martha Coakley and the giant Partners Healthcare System. The proposed deal allows Partners Healthcare to expand in size by acquiring...

Did the $525,000,000 Massachusetts Poured Into Biotech Generate 571 or 17,994 Jobs?

Yes? No? Maybe? The state of Massachusetts has spent $525 million encouraging the development of the state’s biotech industry, just over half of the $1 billion budgeted for this purpose. This public investment is being applied to grants, tax breaks and business loans for companies planning on moving...

Is Refugee Resettlement Good for Mass. Businesses?

There has been a lot of controversy lately about the effectiveness of refugee resettlement programs that the federal government employs to settle refugees in the United States. Earlier this month, Dominic Sarno, mayor of the Massachusetts city of Springfield, wrote to prominent Massachusetts politicians...

Should the New Pro Soccer Stadium be in Boston?

The New England Revolution is on the search for a new stadium to call home, and Boston might just be it. While some soccer fans are eager to see this stadium come to town, especially as the sport becomes increasingly popular in American society, others are saying that the city already has enough traffic and...

Mass Raises Minimum Wage to Highest in U.S.

In the aftermath of the Obama administration’s failure to garner sufficient support for a federal minimum wage increase, some states are taking action on their own – including Massachusetts. State Governor Patrick has signed a measure that would raise the state’s minimum wage to eleven USD...

Northborough-based Aspen Aerogels (ASPN) Closes Above IPO Price

Aspen Aerogels, a Northborough-based company specializing in aerogel insulation, has had their stock price rebound. With products used throughout the energy sector for everything from heat buffering to cryogenic insulation, Aspen Aerogels put out an initial public offering (IPO) on June 13th, 2014. Their...

Massachusetts Named in Top 3 Lowest CO2 Emitters per Unit of Economic Output

Massachusetts, Connecticut and New York were named the three lowest emitters of CO2 per unit of economic output this month by the U.S. Energy Information Administration. The announcement was made in conjunction with the release by the Environmental Protection Agency of new rules designed to encourage states...

President Obama to Speak at High School Graduation

In an effort to draw attention to an educational success story as well as highlight the need for continuing development of a manufacturing and technical workforce, President Barack Obama will be speaking to this year’s Worcester Technical High School graduating class this afternoon. “The school’s...

Great Wolf Lodge Provides Jobs for Central Mass

Great Wolf Resorts’ first New England Location will be one of the biggest providers of new jobs in the region, reported the Boston Business Journal. The Wisconsin-based operator of hotels with indoor water parks is targeted to open its Fitchburg location on June 1. Great Wolf invested $66 million in the...

A Snapshot of Mass. Manufacturing Translates Across State

By Bill DiBenedetto, President, Lampin Corporation In October the Pittsfield Economic Revitalization Corporation released a study on advanced manufacturing in the Berkshire region of the Commonwealth. Although Lampin is located in nearby Blackstone Valley, the birthplace of the industrial revolution, the...

Ivy Corset Building in Worcester Increases Energy Efficiency

With lighting costs being a significant percentage of energy costs, it’s important for buildings to update outdated and energy-wasting luminaires. Access Fixtures achieved energy savings for the historical Ivy Corset building in Worcester, Mass by retrofitting six wall packs on the front of the building....

What are the latest internet scams to beware of and how can you avoid them?

Guest Post From Sarah Hewitt Be sure to follow Sarah on twitter @SarahHewitt52 Internet scams will exist as long as scammers continue to be inventive. Fraud prevention teams work extremely hard investigating internet fraud but once one scam has been brought under control a new, more inventive one will...

Coghlin Companies Manufacturers Explosive Detector

Implant Sciences Corporation contracted Coghlin Companies to manufacture a handheld explosive detector. The Quantum Sniffer QS-H150 was used at Queen Elizabeth II birthday party in Riyadh, Saudi Arabia this June. Coghlin Companies was chosen because of their ability to scale production and test highly...

220% Revenue Increase of Access Fixtures LED Products

LED lighting is continuing to grow. Access Fixtures reports LED products sales are up 220% year over year compared to the first half of 2013. While the price of LED lighting is decreasing, LEDs are simultaneously advancing in energy efficiency, light output, module life, and versatility. The rapid...

New Balance Expands Footprint in Brighton

New Balance has started construction to place a new headquarters in Brighton, MA. Adding to the widespread sport and health district along the Massachusetts Turnpike, the $500 million project will be called the Boston Landing. Previously the land was to be used for a Lowe’s home improvement store but due to...

Worcester Pride Parade and Festival September 7th

Tim Murray, President and CEO of the Worcester Regional Chamber of Commerce will be the first ever grand marshal at the annual Gay Pride Parade in Worcester. The parade in scheduled for Saturday, September 7, 2013. Worcester Pride is organizing the event which unifies the Central Massachusetts LGBTQ...

Creating Jobs in August

While August created a lower number of jobs than July, an addition of 176,000 is still a step in the right direction. According to payroll processor ADP, which measures employment using payroll data, jobs have been created largely in the goods producing and manufacturing industries. Yahoo Finance had...

2013 Worcester Pride Parade and Festival

President and CEO of Worcester Regional Chamber of Commerce, Lt. Gov. Tim Murray, will be attending this year’s annual Gay Pride Parade in Worcester on Saturday, September 7, 2013. Tim Murray is the first grand marshall to ever attend the annual parade. Worcester Pride, an organization who recognizes,...

The Importance of Online Marketing Partners

A key component for small businesses to grow its market share and bottom line is online marketing. Small businesses must decide whether to embark on online marketing internally or to have a partner take over. Many small businesses become frustrated with the process of online marketing even though they see...

Mass Business Blog Announces the Launch of their Website

Mass Business Blog announced the launch of their new website for Massachusetts Businesses and consumers. The website allows Massachusetts businesses to post guest blogs about the latest activities of their business, trends in their industry or other relevant news about their business or industry. Submitting...

Worcester on the Affordable Care Act

Recently a panel was held in Worcester to discuss health care reform. Secretary of administration and finance, Glen Shor acted as the keynote speaker and spoke positively on the Affordable Care Act (ACA). He claimed it would help break down barriers to health care, along with assisting Massachusetts in...

Millbury competes for state’s only casino

Recently, representatives from Mass Gaming & Entertainment LLC (MGE) unveiled their plans for a $200-million slots parlor on McCracken Road in Millbury. The plan will compete with other towns in Massachusetts for the state’s only slots parlor, including nearby Leominster. With traffic already a major...

Massachusetts Firms Look to WIN-911 to Raise the Alarm

Austin, Texas is pretty far away from the rolling hills and rocky shores of Massachusetts, but a Texas firm is supplying some of the top Massachusetts companies with a software product that protects their assets and, in some cases, even saves lives. Companies such as Raytheon, EMC, Boston Scientific, Thermo...

Millions in Massachusetts State Tax Credits To Life Science Companies

The 2012 Mass Tax Credit Transparency report revealed that about $17 million was awarded to life science companies. In total $159.2 million in state tax credits were issued this year, with 11% going to life science companies. The $17 million was distributed to 28 different companies to improve life science...

MassWorks Infrastructure Program Enters New Round

Applications opened earlier this summer for the MassWorks Infrastructure Program – a program available for eligible public entities in need of funding to support economic development and job creation. The program opens a short window (September 3, 2013 – September 13, 2013) for entities to...

A Family Legacy Drives the Future

After 128 years in business, the contract manufacturing firm, the Coghlin Companies knows what they are doing. Four generations of the firms have dedicated themselves to meeting the needs of companies bringing products to market quickly and cost-effectively. As a global source for contract manufacturing,...

Offshoring vs. Reshoring

Choosing where to manufacture your goods is an important part of a company’s business model. Many companies choose to to manufacture their products offshore in Asia because low labor rates made offset the increased transportation costs. However, labor prices across Asia, especially in China, are rising,...

Access Fixtures Q&A: Is LED Lighting Worth It?

Imagine every application that requires lighting in your commercial facility. Can’t wrap your head around it? Needless to say, lighting can be a huge percentage of your annual energy costs. Energy efficient lighting like LED wall packs or LED bollard lights from Access Fixtures can make a significant...

Synthetic Slate Roofing Maintains Curb Appeal of Classic Mass Homes

Neponset Valley Construction, a leading roofing company based in Norwood, Mass., recently completed a new roofing project on a Natick home. After the homeowners and their roof battled the harsh winter storms, they wanted a new roof that would stand up to the toughest and harshest conditions, that’s when...

Show Buttons
Hide Buttons