The latest Central Massachusetts business news
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Thursday, March 29, 2018
Primetals leaving Worcester for Sutton
More than a month after Sutton voters approved a 15-year tax increment financing agreement for a new facility, Worcester metal manufacturer Primetals made their move to the town official.
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Biostage awarded up to $1.7M grant for preclinical study
Funding for Biostage's bioengineered throat organ implants continues to pile up, as the Holliston company announced Thursday it has been awarded a grant worth up to $1.7 million.
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Uber Eats launches food delivery in Worcester
Rather than bringing you to the food, Uber will bring the food to you.
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SCHOTT planning $2M Southbridge investment, larger workforce
SCHOTT Lighting & Imaging is in Southbridge has completed a $750,000 renovation of its offices and another $2-million investment planned over the next two years.
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Send in your ideas for the 2018 WBJ Power Players
The Worcester Business Journal is asking for the Central Massachusetts' business community's help in naming our Power Players for 2018.
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Nurse accuses UMass Memorial of gender discrimination
A spokesman for UMass Memorial Medical Center in Worcester said the hospital is planning a vigorous defense after a former nurse filed a grievance with the state.
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RXi Pharmaceuticals has $3.6M in cash as it focuses on cancer treatment
Marlborough-based biotech RXi Pharmaceuticals ended 2017 with $3.6 million in cash, about a third of what if had at the end of 2016, according to a financial statement released by the company Monday.
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Regional Roundup
Question of the Week
Tuesday we asked: Medusa Brewing Co. in Hudson is planning to expand with a 10,000-square-foot production brewery, Wormtown Brewery is wrapping up an expansion and Greater Good Imperial Brewing Co. just opened its first taproom in Worcester. According to the Mass. Brewers Guild, there are now 154 commercial breweries in the state, including 39 opened last year, and 104 have taprooms.
Is the craft beer market in Massachusetts becoming oversaturated?
  • I think all of the smaller breweries opening up recently are great for consumers and communities. From a business perspective, I do wonder where the tipping point of market saturation is. As a consumer, the more beer options I have locally, the better!
  • It's funny to see the term "Micro"
  • As in any major industry expansion (automobiles, computers, oil and gas) there will be winners and losers in the craft beer movement. Brand differentiation and ability to scale your product to increase market penetration will be key to the success of some while others will carve out a local niche for their product. It will make for an interesting case study in the future, no doubt.
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Medusa Brewing Co. eyes 10,000-square-foot production facility in Hudson
Athol Savings Bank supervisor charged with embezzling $100,000 from customers
Flash fire at Dudley factory injures three workers
Fitchburg State remaking theater as new community, incubator space
Business improvement district capitalizing on Hudson's momentum
Toy manufacturer exec hopes to raise $1B to save Toys R Us
Former transportation company owner indicted again for money laundering in $19M scheme

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