| |
| |
| |
| |
|
| Oxford manufacturer moving to Connecticut | | Oxford magnetic brake manufacturer Magnetic Technologies is leaving its longtime home for a new facility in Connecticut industrial park. | | Read more >> | | MetroWest STEM Education Network joins national alliance | | The MetroWest STEM Education Network, which aims to prepare for students for jobs in science, technology, engineering and math, has joined a national alliance with 67 other groups. | | Read more >> | | State consumer confidence down from winter | | Consumer confidence in Massachusetts has declined since the winter, mostly due to cautious views about the future, but it remains solidly in positive territory, according to index results released Thursday. | | Read more >> | |
| Like us on Facebook for our latest business news |
|
| |
|
|
| Week in review | |
| Boston hospital exec to be next UMass Memorial Medical Center president | |
The president of Brigham and Women's Faulkner Hospital in Boston has been named to lead UMass Memorial Medical Center in Worcester where he will begin duties on Sept. 1, UMass announced Thursday.
Michael Gustafson will replace Patrick Muldoon, who stepped down in January after 15 years with the Worcester-based UMass Memorial Health Care system and after more than four years as the UMass Memorial Medical Center president.
| | Rockland Trust to buy Milford National Bank for $54M | |
Milford National Bank and Trust Co. is being acquired by Rockland Trust for $54.2 million in a cash-and-stock deal.
Rockland Trust, already with a presence in Milford and relationships in the surrounding area, will broaden its reach in the Worcester County by absorbing Milford National's businesses and three branches: two in Milford and one in Mendon.
| | UMass Memorial to close Leominster, Fitchburg services | |
Worcester-based UMass Memorial Health Care plans to close an inpatient pediatrics unit and a cardiac rehabilitation unit in Leominster and an urgent care center in Fitchburg.
The closures are the result of financial constraints, particularly from low reimbursement payments to the hospital system for Medicaid and Medicare recipients, UMass said in a statement.
| |
|
| |
|
| |
