Worcester Business Journal

wbjournal.com | November 25, 2019 | Worcester Business Journal 7 M Y E M P L O Y E E S D O N ' T N E E D T O B E C O V E R E D THEY NEED TO BE TOTALLY PROTECTED, NO MATTER WHAT STATE THEY WORK IN. We hear you. See how at: tuftshealthplan.com/WeHearYou TJX buys stake in Russian retailer for $225M TJX Cos., an off-price apparel and home fashions retailer based in Fram- ingham, has invested $225 million for a non-controlling 25% ownership stake in Russian retailer Familia, described as the country's only major off-price apparel and home fashions retailer. Familia operates more than 275 stores throughout Russia.e transaction gives TJX an opportunity to invest in an estab- lished, off-price retailer with significant growth potential in the Russian market, the company said. Cousins to open Franklin's first brewery in December e Franklin Brewing Co., the first cra brewery in the town, is planning to open in mid-December, a family-friendly passion project for a group of four cousins and one long-time family friend. "e team embarked on this jour- ney because we wanted to build a place centered around family," said co-owner Olivier Edouard. In addition to Olivier Edouard, the owners of the brewery are his cousins Laury Lucien, Duche Edouard, and Rob- ins Edouard and his childhood friend Ar- nold Cazeau. e tentative opening date is Dec. 14, although that could shi as the ownership group finalizes the details. WBJ hires Army veteran and Boston Globe reporter Worcester Business Journal has hired two professionals into research and report- ing roles in its editorial department. Timothy Doyle, a Worcester artist and an Army veteran of the War in Afghani- stan, has joined WBJ to lead its research efforts. He is tasked with compiling all the lists published in every edition and in the annual Book of Lists, with such efforts as Largest Law Firms, Highest-paid CEOs, Top Architec- tural Firms, Minori- ty-owned Businesses and Top Breweries. omas Grillo, who has written for e Boston Globe, Boston Herald and Boston Business Journal, joined WBJ as a staff writer. Grillo will cover the real estate and manufacturing industries for the WBJ newsroom. Grillo will serve as WBJ's primary digital reporter, tasked with com- piling e WBJ Daily Report and the coor- dinating WBJ's social media campaigns. In previous roles, Grillo wrote about real estate and edited the BBJ's real estate enewsletter. Grillo most recently worked for the Daily Item in Lynn. Timothy Doyle Grow your small business today with a great interest rate! At Webster Five, we are known for the fast, flexible and hassle-free loans your business needs to reach its full potential. PREPARING FOR GROWTH. SEEKING A TRUSTED LENDER. Visit web5.com/business-loans or call 800.696.9401 WEBSTER • DUDLEY • OXFORD • AUBURN • WORCESTER • SHREWSBURY Member FDIC Member DIF NMLS #523049 *Rate effective 10/01/2019. The prime rate is the rate published in the WSJ. The Annual Percentage Rate (APR) is prime minus 1.50% for the first year on lines of credit and term loans. After the first year, the rate on lines of credit adjusts to prime + 2.00%, and term loans will adjust to a fixed rate to be determined at that time. Ask us for details. Offer can be withdrawn at any time. IF THIS IS YOU, THEN THIS IS YOUR BANK. 1.50% BELOW PRIME * W Thomas Grillo

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