Issue link: https://nebusinessmedia.uberflip.com/i/1320415
8 2 021 Economic Forecast • Worcester Business Journal • www.wbjournal.com L I S T T O P P E R S List toppers Top ranked companies and individuals across industry sectors List Top ranked Location(s) Ranking criterion Banking & finance Banks Bank of America Worcester $5.3 billion in local deposits Credit unions Digital Federal Credit Union Marlborough $10.4 billion in assets PPP Lenders Bank of America Charlotte, N.C. 1,876 loans to Central Mass. businesses as of August 2020 SBA lenders Eastern Bank Natick 415 7(a) loans issued in Mass., FY 2019 SBA loans ODIC Inc. Littleton $1,500,000 amount 7(a) loan received, FY 2020 Education Colleges and universities Worcester Polytechnic Institute Worcester 5,643 full-time students, fall 2019 Private high schools St. John's High School Shrewsbury 870 students, fall 2019 Vo-tech high schools Worcester Technical High School Worcester 1,466 students, 2019-2020 General interest Highest-paid executives Ernie Herrman, The TJX Cos. Inc. Framingham $19,083,676 in total compensation, FY 2020 Human service nonprofits Seven Hills Foundation and Affiliates Worcester $225,697,371 total revenue, FY 2019 LGBTQ+-owned businesses RE/MAX Vision Shrewsbury and Worcester 40 employees in Central Mass. Labor unions Laborers' International Union of North America, district council (LIUNA) Hopkinton 20,113 members Largest employers (Central Mass. 150) UMass Memorial Health Care Inc. Worcester 13,074 employees in Central Mass. Woman-owned businesses Unic Pro Inc. Shrewsbury 244 employees in Central Mass. Health care Health insurers Blue Cross and Blue Shield of Massachusetts Inc. (including HMO Blue) Boston 598,974 Mass. membership, Q4 2019 Home care providers VNA Care, a subsidiary of Atrius Health Worcester 427 employees Hospitals UMass Memorial Medical Center Worcester (a) 842 licensed beds Outpatient surgery providers Worcester Surgical Center Worcester 60 MDs/DPMs/DMDs Manufacturing & technology Brewers Wachusett Brewing Co. Westminster 73,239 barrels produced, 2019 Manufacturers Dell Technologies Hopkinton 8,800 employees in Central Mass. Marijuana businesses New England Treatment Access (NETA) Franklin 400 employees in Central Mass. Professional services Advertising, marketing & communications firms Davis Advertising Worcester $19,000,000 gross billings and 28 local FTE employees Commercial cleaners Eagle Cleaning Corp. Worcester 250 employees in Central Mass. IT service providers Advans IT Services Inc. Marlborough 120 employees in Central Mass. and $25,000,000 annual revenue Real estate Architects Maugel Architects (b) Harvard 9 architects and 28 employees in Central Mass. Commercial real estate brokers Kelleher & Sadowsky Associates Inc. Worcester $166,908,514 local commercial volume, 2019 Residential real estate firms Coldwell Banker Residential Brokerage Waltham $787,801,949 local residential sales, 2019 Tourism & hospitality Charity golf tournaments Carlos Placido Dunkin' Charity Golf Classic for Autism Franklin Country Club $194,820 raised for New England Center for Children, 2019 Meeting facilities Wachusett Mountain Ski Area Princeton 3,000 person capacity outdoor tented banquet; 600 indoor Tourist attractions Davis Farmland and Davis Mega Farm Festival Sterling 2,500,000 attendance, 2019 Notes: These organizations topped their respective lists as published in the Worcester Business Journal during calendar year 2020. DMD = doctor of medical dentistry, DPM = doctor of podiatric medicine, FTE=full-time equivalent, PPP=Paycheck Protection Program (a) Includes University Campus at 55 N. Lake Ave., Memorial Campus at 119 Belmont St. and Hahnemann Campus at 281 Lincoln St. (b) In June 2019, acquired DeStefano Architects, based in Portsmouth, N.H. which has been rebranded as DeStefano Maugel Architects. Offices will remain the same for the two firms. - Compiled by: Heide Martin, hmartin@nebusinessmedia.com ECONOMIC FORECAST 2021 Notes: These organizations topped their respective lists as published in the Worcester Business Journal during calendar year 2020. DMD = doctor of medical dentistry, DPM = doctor of podiatric medicine, FTE=full-time equivalent, PPP=Paycheck Protection Program (a) Includes University Campus at 55 N. Lake Ave., Memorial Campus at 119 Belmont St. and Hahnemann Campus at 281 Lincoln St. (b) In June 2019, acquired DeStefano Architects, based in Portsmouth, N.H. which has been rebranded as DeStefano Maugel Architects. Offices will remain the same for the two firms. - Compiled by: Heide Martin, hmartin@nebusinessmedia.com Top ranked companies and individuals across industry sectors