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Worcester Business Journal

@wbjournal.bsky.social
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Your business news source for Central Massachusetts. Available in print, online, and in person.

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Worcester Business Journal @wbjournal.bsky.social · 09/10/2026
A global investment firm based in Bahrain has purchased five industrial sites in Westborough and Franklin for a combined $42.7 million. buff.ly/JEOrcYi
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Five Central Mass. industrial sites bought by investment firm based in Bahrain for $42.7M
A global investment firm based in Bahrain has purchased five industrial sites in Westborough and Franklin for a combined $42.7 million.
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Worcester Business Journal @wbjournal.bsky.social · 08/10/2026
The Sterling Airport has been sold for $3.14 million to a Cambridge-based buyer who plans to keep the airport operating while he determines his long-term plans for the property. buff.ly/u1l8UoP
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Sterling Airport sold for $3.14M to Cambridge-based pilot
The new owner said the airport will continue to operate and early conversations with Sterling Fair organizers have been positive.
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Worcester Business Journal @wbjournal.bsky.social · 08/10/2026
The students are long gone, but the wide hallways, large windows, classroom doors and even some of the blackboards remain. Inside the former Baldwinville Elementary School in Templeton, classrooms are becoming apartments. buff.ly/0cfzqiN
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Templeton school project is one of many housing transformations across Central Mass.
The students are long gone, but the wide hallways, large windows, classroom doors and even some of the blackboards remain. Inside the former Baldwinville Elementary School in Templeton, classrooms…
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Worcester Business Journal @wbjournal.bsky.social · 08/10/2026
2026 Outstanding Women in Business: Via Bennett De León is senior vice president of retail banking at Workers Credit Union. buff.ly/psSULX5
wbjournal.com
Outstanding Women in Business: Via Bennett De León
Via Bennett De León is senior vice president of retail banking at Workers Credit Union. With nearly two decades of financial services and leadership experience, she is known for developing people,…
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Worcester Business Journal @wbjournal.bsky.social · 08/10/2026
A state office has launched a new stipend program meant to assist business owners who are considering transitioning to an employee-owned model. buff.ly/cStQEMp
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New state program helps business owners explore employee ownership
Feasibility studies and valuations are a key first step in converting a business to an ESOP model.
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Worcester Business Journal @wbjournal.bsky.social · 07/10/2026
Marlborough medical device manufacturer Boston Scientific has appointed Joseph Fitzgerald as executive vice president and chief operating officer as part of a reorganization of its business segments. buff.ly/lyq8FJx
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Boston Scientific promotes Fitzgerald to COO, reorganizes business segments
Alongside Fitzgerald’s promotion, Boston Scientific will establish three reportable business segments.
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Worcester Business Journal @wbjournal.bsky.social · 07/10/2026
Healthcare spending growth at the state’s largest commercial insurer surged by nearly 12% in fiscal 2025, according to a new study that offers a jarring account of healthcare affordability woes partly driven by pricey drugs. buff.ly/O6wY1MX
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Blue Cross spending jumped nearly 12% in fiscal 2025, study finds
GLP-1 spending rose 84%, as Blue Cross health care costs surged.
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Worcester Business Journal @wbjournal.bsky.social · 07/10/2026
2026 Outstanding Women in Business: Debra Rivera is the founder and owner/bookseller of Little Bee Bookshop, a bookstore focused primarily on literature for children ages infant through young adult. buff.ly/LvrUuSl
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Outstanding Women in Business: Debra Rivera
Debra Rivera is the founder and owner/bookseller of Little Bee Bookshop.
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Worcester Business Journal @wbjournal.bsky.social · 07/10/2026
David Aitken was named president of the Worcester Railers in April and has set ambitious goals for the hockey team. buff.ly/SkDej2z
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Q&A: Worcester Railers president sets big goals for hockey team
David Aitken was named president of the Worcester Railers in April and has set ambitious goals for the hockey team. In addition to helping the team make the playoffs, Aitken […]
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Worcester Business Journal @wbjournal.bsky.social · 06/10/2026
Opportunity zones offer federal tax benefits to investors who reinvest capital gains through qualified opportunity funds in designated low-income census tracts. buff.ly/zCvUfED
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Central Mass. would lose nine opportunity zones under new state map
Worcester would gain one zone and account for nearly half of the region’s proposed designations.
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Worcester Business Journal @wbjournal.bsky.social · 06/10/2026
The drywall firm Optiline Enterprises filed suit Friday against the City of Worcester, Benjamin on Franklin apartment project owner Benjamin Associates LLC, and Seekonk-based general contractor D.F. Pray Inc. buff.ly/e06OOiP
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Judge refuses to block company’s removal from work at Worcester apartment
Michael Strauss, an attorney representing Optiline, said the company plans to move ahead with the lawsuit.
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Worcester Business Journal @wbjournal.bsky.social · 06/10/2026
Gov. Maura Healey declared a “state of energy emergency” Monday as she announced increased home heating assistance for tens of thousands of Bay Staters in the midst of rising oil costs this winter. wbjournal.com/article/heal...
wbjournal.com
Healey targets heating costs with emergency order, expanded household aid
Healey said an executive order will also remove the SMART program charge from residential electric bills for three months.
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Worcester Business Journal @wbjournal.bsky.social · 06/10/2026
Massachusetts business confidence rose modestly in September after a sharp decline in August, though employers remained pessimistic overall amid higher interest rates, inflation and rising operating costs. buff.ly/T3GDRSp
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Mass. business confidence rises in September but remains pessimistic
Massachusetts business confidence rose modestly in September after a sharp decline in August.
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Worcester Business Journal @wbjournal.bsky.social · 06/10/2026
2026 Outstanding Women in Business: Claire M. O’Neill has spent more than a decade at MassDevelopment leading complex redevelopment initiatives. buff.ly/SHYWPvb
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Outstanding Women in Business: Claire M. O’Neill
Claire M. O’Neill has spent more than a decade at MassDevelopment leading complex redevelopment initiatives.
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Worcester Business Journal @wbjournal.bsky.social · 06/10/2026
Central Massachusetts municipalities and firms have been awarded a total of $58 million to boost economic development through the state’s Community One Stop for Growth, a portal streamlining the application process for 12 state grant programs. buff.ly/eZBvKtd
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Downtown Fitchburg revitalization, Denholm Building demolition among Central Mass. economic projects to receive $58M in state funding
The Central Massachusetts awards were part of a larger statewide issuance of $330 million in funding through 402 awards.
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Worcester Business Journal @wbjournal.bsky.social · 06/10/2026
Good Feels founder and CEO Jason Reposa discusses expansion plans, the fight against the ballot initiative to repeal recreational cannabis, and his growing role as a public voice for the industry. buff.ly/o2pNXV9
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Q&A: Good Feels grows amid cannabis industry uncertainty
Good Feels has grown from a Medway cannabis startup into a market leader in tinctures, even as price pressures and business failures continue to strain Massachusetts’ adult-use cannabis space.
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Worcester Business Journal @wbjournal.bsky.social · 05/10/2026
Here's a roundup of real estate news from across Central Massachusetts. buff.ly/AsBwwst
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Real Estate Insider Briefs for Oct. 5
Here's a round up of the latest real estate and development news from Central Massachusetts.
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Worcester Business Journal @wbjournal.bsky.social · 05/10/2026
The 77 Central Massachusetts awards issued to 52 municipalities and organizations included $3 million for the demolition of the Denholm Building in Downtown Worcester, and $2.5 million for infrastructure improvements in relation to the 240-unit Eleanor’s Lofts apartments. buff.ly/1Lfs2BR
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Downtown Fitchburg revitalization, Denholm Building demolition among Central Mass. economic projects to receive $58M in state funding
The Central Massachusetts awards were part of a larger statewide issuance of $330 million in funding through 402 awards.
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Worcester Business Journal @wbjournal.bsky.social · 05/10/2026
Central Mass. professionals are on the move at Green Leaf Construction, Rockland Trust, and more. buff.ly/TybgWWI
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Movers & Shakers for Oct. 5, 2026
Central Mass. professionals are on the move at Green Leaf Construction, Rockland Trust, and more.
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Worcester Business Journal @wbjournal.bsky.social · 05/10/2026
Here is a selection of some of the 209 new Central Massachusetts companies. buff.ly/ggrBPvo
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Business Starts for Oct. 5, 2026
In June, 1,412 new businesses filed InCorporation paperwork with the Massachusetts Secretary of the State in order to do business in the state.
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Worcester Business Journal @wbjournal.bsky.social · 05/10/2026
2026 Outstanding Women in Business: Barto has led LUK since 2017, overseeing strategic planning, fiscal management and compliance, and serving as the agency’s primary spokesperson on advocacy. buff.ly/MzI8Xmx
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Outstanding Women in Business: Beth Barto
Beth Barto, LMHC, is president of LUK Inc., a nonprofit human services agency in Fitchburg serving families across Central Massachusetts through programs in mental health, trauma, addiction and…
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Worcester Business Journal @wbjournal.bsky.social · 04/10/2026
40 Under Forty 2026: Kwasi Acheampong spent nearly a decade running youth programs out of borrowed and rented spaces. Now, the nonprofit he founded has a 10,600-square-foot Southbridge facility of its own. wbjournal.com/honoree/40-u...
wbjournal.com
40 Under Forty 2026: Kwasi Acheampong
Kwasi Acheampong spent nearly a decade running youth programs out of borrowed and rented spaces. Now, the nonprofit he founded has a 10,600-square-foot Southbridge facility of its own.
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Worcester Business Journal @wbjournal.bsky.social · 03/10/2026
40 Under Forty 2026: Akosua Agyepong’s commitment to ensuring access to justice extends well beyond her family law practice at Turco Legal. buff.ly/At9vFhy
wbjournal.com
40 Under Forty 2026: Akosua Agyepong
Akosua Agyepong’s commitment to ensuring access to justice extends well beyond her family law practice at Turco Legal.
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Worcester Business Journal @wbjournal.bsky.social · 02/10/2026
40 Under Forty 2026: Michael Bollus Jr. is helping a Worcester accounting firm embrace new ways of working while building his reputation as a trusted advisor. buff.ly/4b5TPG5
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40 Under Forty 2026: Michael Bollus Jr.
Michael Bollus Jr. is helping a Worcester accounting firm embrace new ways of working while building his reputation as a trusted advisor.
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Worcester Business Journal @wbjournal.bsky.social · 02/10/2026
40 Under Forty 2026: John Andreoli began building his insurance career while still pursuing another one: professional baseball. buff.ly/SJ22vQj
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40 Under Forty 2026: John Andreoli
John Andreoli began building his insurance career while still pursuing another one: professional baseball.
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Worcester Business Journal @wbjournal.bsky.social · 02/10/2026
40 Under Forty 2026: Sixteen years after joining DAVIS as a recruiter, Ashley Barry has become a key player in managing some of the staffing firm’s most complex accounts. buff.ly/pwu6CTj
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40 Under Forty 2026: Ashley Barry
Sixteen years after joining DAVIS as a recruiter, Ashley Barry has become a key player in managing some of the staffing firm’s most complex accounts.
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Worcester Business Journal @wbjournal.bsky.social · 02/10/2026
The organization formerly known as the Center for Living & Working rebranded earlier this year, adopting an identity its leaders hope better captures work that includes preparing young people with disabilities to enter the workforce. buff.ly/kAtpQtQ
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This organization helps people with disabilities clear barriers to entering the workforce
After 50 years of helping people with disabilities live and work independently, Your Access Advocates is entering its next chapter with a new name and an old challenge.
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Worcester Business Journal @wbjournal.bsky.social · 02/10/2026
Framingham’s Bose Corp. has acquired an Australian firm focused on software that lets video game developers create sound and music that change in real time as a player moves through a virtual environment. buff.ly/7Iwyxut
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Bose makes second acquisition of year with deal for game-audio developer
Firelight is the creator of FMOD, a package of audio tools and technologies utilized by the video game industry.
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Worcester Business Journal @wbjournal.bsky.social · 01/10/2026
A former HarborOne Bank executive is to take helm of Marlborough’s St. Mary Credit Union, making her the third CEO the firm has had this year. buff.ly/InDugEt
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St. Mary’s names former HarborOne executive as third CEO this year
Brenda Diepold will take over as president and CEO of the credit union on Oct. 5.
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Worcester Business Journal @wbjournal.bsky.social · 01/10/2026
UMass Memorial Health has named Jeff Biesczat as its next CFO, bringing in a former Chicago-area health executive to succeed Sergio Melgar, who plans to retire in January. buff.ly/8fkjiJh
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UMass Memorial hires Chicago-area health executive as CFO
Biesczat spent 14 years with the organization now known as Endeavor Health, a nonprofit health system operating nine hospitals in and around Chicago.
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Worcester Business Journal @wbjournal.bsky.social · 01/10/2026
40 Under Forty 2026: Jose Castro joined incubator Entrepreneurship for All during his final semester at Clark University in 2022. buff.ly/u7Bg91b
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40 Under Forty 2026: Jose Castro
Jose Castro joined incubator Entrepreneurship for All during his final semester at Clark University in 2022. Four years later, he is helping shape the region’s entrepreneurial ecosystem.
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Worcester Business Journal @wbjournal.bsky.social · 01/10/2026
40 Under Forty 2026: Jamie Conaghan has helped Main Street Bank pair new technology with a focus on customer experience. buff.ly/bfkZywI
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40 Under Forty 2026: Jamie Conaghan
Jamie Conaghan has helped Main Street Bank pair new technology with a focus on customer experience.
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Worcester Business Journal @wbjournal.bsky.social · 01/10/2026
The governor sent a letter to U.S. Energy Secretary Chris Wright on Thursday, urging the administration to move quickly on the federal reviews and permits required for the expansion of the Algonquin gas pipeline. buff.ly/uDEs9Eq
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Healey asks Trump administration to clear path for more natural gas
During her tenure as attorney general, Healey opposed new natural gas pipeline construction.
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Worcester Business Journal @wbjournal.bsky.social · 01/10/2026
A Boston-based hedge fund manager has purchased an office building in the former Washburn and Moen North Works complex for $16 million, with plans to renovate it to attract more tenants. buff.ly/eRHYW5s
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Prescott Street office building sells for $16M
The new owner plans to invest around $2 million in the site to upgrade the vacant spaces.
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Worcester Business Journal @wbjournal.bsky.social · 30/09/2026
The inspector general’s report makes clear that he is unsure about MassDOT’s ability to have new service plaza operators in place by July 1, 2027 when the existing leases expire. buff.ly/8D7Gjw1
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Inspector general says MassDOT plaza procurement improved, but behind schedule
Having dinged the first go-around for having "too many flaws," the state inspector general said the second attempt to find operators for highway service plazas is on a better footing.
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Worcester Business Journal @wbjournal.bsky.social · 30/09/2026
40 Under Forty 2026: James Cunningham is preserving Central Massachusetts’ industrial history while turning long-vacant properties into places to live and work. buff.ly/RpunrCI
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Worcester Business Journal @wbjournal.bsky.social · 30/09/2026
Commonwealth Fusion Systems in Devens has signed a supply agreement with Tokyo-based Fujikura Ltd to buy 10,000km (6,213.7 miles) of high-temperature superconducting tape for use in its planned fusion power plant. buff.ly/7CoHAA1
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Commonwealth Fusion inks deal for over 6,200 miles of high-tech tape critical to operating fusion power plants
The 10,000 kilometers of tape would stretch just under one-quarter of the Earth’s circumference.
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Worcester Business Journal @wbjournal.bsky.social · 30/09/2026
40 Under Forty 2026: James Cunningham is preserving Central Massachusetts’ industrial history while turning long-vacant properties into places to live and work. buff.ly/RpunrCI
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40 Under Forty 2026: James Cunningham
James Cunningham is preserving Central Massachusetts’ industrial history while turning long-vacant properties into places to live and work.
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Worcester Business Journal @wbjournal.bsky.social · 30/09/2026
A statewide housing production tracker shows Massachusetts is about 15.6% of the way to reaching its goal of 222,000 units by 2035. buff.ly/kgz23dv
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Housing secretary calls site plan reform top priority in development push
The state's top housing official says there needs to be "a gut and reality check" for how long the necessary amount of homes will take to be built.
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Worcester Business Journal @wbjournal.bsky.social · 30/09/2026
A Chicago-based investment management firm has purchased a 396,375-square-foot distribution site developed by Wakefield-based NorthBridge Partners for $90.25 million. buff.ly/hLNhLhx
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Chicago firm buys Boylston distribution site for $90M
LaSalle Investment Management operates as an independent subsidiary of real estate firm JLL.
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Worcester Business Journal @wbjournal.bsky.social · 30/09/2026
40 Under Forty 2026: Caitlyn Correia has helped transform her family’s trade show business from a regional company into a national operation. buff.ly/SXtXVZq
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40 Under Forty 2026: Caitlyn Correia
Caitlyn Correia has helped transform her family’s trade show business from a regional company into a national operation.
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Worcester Business Journal @wbjournal.bsky.social · 30/09/2026
Central Massachusetts has built substantial development momentum, but the cost and complexity of producing housing, modern commercial space and job-ready industrial sites adds challenges to the next phase of economic growth, according to local real estate experts. buff.ly/kbgqkWr
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Real estate forum: Developers see promise, hurdles in Central Mass. growth
Central Massachusetts has built substantial development momentum, but the cost and complexity of producing housing, modern commercial space and job-ready industrial sites adds challenges.
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Worcester Business Journal @wbjournal.bsky.social · 29/09/2026
40 Under Forty 2026: Daniel D’Amico is helping Central Massachusetts businesses access capital while building deep ties to the region’s nonprofit community. buff.ly/BDTSdLI
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40 Under Forty 2026: Daniel D’Amico
Daniel D’Amico is helping Central Massachusetts businesses access capital while building deep ties to the region’s nonprofit community.
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Worcester Business Journal @wbjournal.bsky.social · 29/09/2026
40 Under Forty 2026: Katelyn Duncan has turned the Worcester Public Library into a gateway to opportunity for immigrants and English learners. buff.ly/aP3XQGw
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40 Under Forty 2026: Katelyn Duncan
Katelyn Duncan has turned the Worcester Public Library into a gateway to opportunity for immigrants and English learners.
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Worcester Business Journal @wbjournal.bsky.social · 29/09/2026
Located at 100 Grove St. in Worcester, provides pharmacy services to assisted living facilities, intermediate care facilities, rehabilitation programs, residential-care facilities, and group homes across the Greater Worcester region. buff.ly/JJbX93f
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Worcester long-term-care pharmacy acquired
The transaction closed Aug. 26, QualityHealth announced Monday.
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Worcester Business Journal @wbjournal.bsky.social · 28/09/2026
A new Center for Health Information and Analysis report also captures how much money hospitals are pouring into the use of temporary workers, a sore point for nurses. buff.ly/6JaSW7F
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Report: UMass Memorial posts loss as Tenet, Heywood turn profits
The state's hospital health system notched a median operating margin of 0.2% in fiscal 2025, compared to negative 2.7% in fiscal 2024.
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Worcester Business Journal @wbjournal.bsky.social · 28/09/2026
In 1989, as the city’s former business-focused publication Business Worcester was going defunct, he encouraged former Worcester Publishing owner Allen Fletcher to recruit Business Worcester’s staff to launch WBJ. buff.ly/7S39dnh
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Worcester publisher who aided WBJ’s launch dies at 75
Paul Giorgio, former publisher of Pulse Magazine and a longtime figure in Worcester’s business and political scenes, passed away at the age of 75 on Saturday.
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Worcester Business Journal @wbjournal.bsky.social · 28/09/2026
40 Under Forty 2026: Emma Duprey is reshaping healthcare delivery for people with intellectual and developmental disabilities by bringing more medical care directly to them. buff.ly/i4ZhzOD
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40 Under Forty 2026: Emma Duprey
Emma Duprey is reshaping healthcare delivery for people with intellectual and developmental disabilities by bringing more medical care directly to them.
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Worcester Business Journal @wbjournal.bsky.social · 28/09/2026
40 Under Forty 2026: Tita Feraud-King is building programs designed to make inclusion and belonging part of the institutional structure at Holy Cross. buff.ly/ok7CSTQ
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40 Under Forty 2026: Patricia “Tita” Feraud-King
Tita Feraud-King is building programs designed to make inclusion and belonging part of the institutional structure at Holy Cross.
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Worcester Business Journal @wbjournal.bsky.social · 28/09/2026
"The mounting lack of affordable housing is no longer just a residential concern; it is an economic disincentive actively threatening the state’s future workforce," writes Worcester Regional Chamber of Commerce president and CEO Timothy Murray, arguing in favor of Question 7. buff.ly/GhgvKDJ
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The Chamber Corner: Vote yes on Question 7 to permit starter homes
The mounting lack of affordable housing is no longer just a residential concern; it is an economic disincentive actively threatening the state’s future workforce.
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