| The latest Central Massachusetts business news | | Go here to view as a web page | |
| | | Wednesday, May 16, 2018 | | | Successful family businesses learn & adapt | | Family businesses likely don't see themselves as dictatorships, but to be multi-generational businesses, they've survived by adapting and looking ahead instead of how things have been done in previous generations. | | Read more >> | | Angelini, 75, retires from The Hanover board | | Worcester lawyer and longtime chairman at The Hanover Insurance Group Michael Angelini is retiring from that company's board of directors, the insurance firm announced Tuesday. | | Read more >> | | Jack's Abby wants craft beer united against big beer | | Framingham craft beer maker Jack's Abby has transformed into an industry leader, increasing its employee count fivefold and raising its barrel production from 18,000 to 45,000 in three years. | | Read more >> |
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| Precision Optics lost $368K through nine months | | Gardner medical device manufacturer Precision Optics is reporting a somewhat off fiscal year with a fiscal 2018 loss of $368,000 through nine months. | | Read more >> | | Micron Solutions narrows net loss to $180K despite sales dip | | Fitchburg contract manufacturer Micron Solutions decreased its net loss by 16 percent in the first quarter compared to last year despite reporting a slight dip in sales. | | Read more >> | | AG Healey approves Mount Ida, UMass deal, will investigate | | Mount Ida College in Newton will receive "fair value" for its assets through its proposed acquisition by UMass Amherst, according to Attorney General Maura Healey's office. | | Read more >> | |
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| The List: Top SBA loan recipients | |
| Ranked by amount of loan in fiscal 2016 | |
| S&C Texas Investments | $4,975,500 | | Pookie's Park | $4,483,500 | | Release Well-Being Center LLC | $3,203,000 | | Capavi-USA Inc. | $2,012,500 | | Apps Associates LLC | $2,000,000 |
To view more data, visit WBJournal.com.
Source: U.S. Small Business Administration, news reports, Secretary of the Commonwealth.
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