Worcester Business Journal

6 Worcester Business Journal | May 11, 2020 | wbjournal.com Here for you. Here for our community. We're your neighbor and we're here for you. Please reach out to your local UniBank branch, visit unibank.com, or call us at 800.578.4270. As your local community bank, we know we play a vital role in the livelihood of many individuals, families, and businesses. Member FDIC/Member DIF We are stronger together. B R I E FS T H E T I C K E R $8.4 million Paycheck Protection Program coronavirus bailout loans received by public companies Harvard Bioscience of Holliston, Kopin Corp. of Westborough and Arch Therapeutics of Framingham Source: The Washington Post Middlesex Savings Bank to open Maynard branch Middlesex Savings Bank of Natick plans to open a new branch in Maynard in spring 2021. e New Middlesex Savings Bank branch will be stationed in a 4,000-square-foot pad building in the Maynard Crossing development, which includes a Market Basket, Planet Fitness and Dunkin'. Auburn mobile home park sells for $2.4M American Mobile Home Park, located at 751 Washington St. in Auburn, has sold for $2.35 million. e seller was Johnson Family Associates of Dennis, and the buyer was American MHP, LLC, owned by Bob, Kevin and Gary Baker of Newton. e mobile home park includes 38 pad sites. e deal closed April 22. "As a family, we spent many years living in Central Massachusetts and are excited to be part of the continued growth in an area that is very special to us," said Bob Baker, in a statement. Continued from Page 5 TJX CEO's pay rises past $19M Framingham retailer TJX Cos. has been a standout in the industry, especially in the brick-and-mortar world, and until the coronavirus pandemic, the company was continuing to expand and see revenue rise. Ernie Herrman, the company's CEO since 2016, was rewarded with compensation exceeded $19 million in TJX's fiscal 2020. Herrman's salary for fiscal 2021 has been temporarily reduced along with other executives while workers are furloughed during the pandemic. But as the head of the largest Central Massachusetts public company by market capitalization, Herrman has been among the highest paid. e 59-year-old has a base salary of $1.6 million joined by more than $9 million in stock awards and more than $5 million in non-equity incentive plan compensation. His annual total compensation of nearly $19.1 million was up $260,906 over the prior year. Five States where Exhibit 'A' Brewing Co. in Framingham distributes its beer, after expanding to Maine in May to join with Massachusetts, Rhode Island, Vermont and New York Source: Exhibit 'A' Brewing Co $1.4 million Price paid by a corporation registered to Krystal Frias, president of K.L.S. Concrete, Inc. in Hudson, for a 9,000-square-foot commercial building on Main Street in Hudson Source: Middlesex County Registry of Deeds Double The rate of fatal car crashes in Massachusetts in April, despite a 50% drop in traffic on roads due to coronavirus social distancing regulations Source: Massachusetts Department of Transportation Ernie Herrman, CEO of TJX Cos.

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