Worcester Business Journal

April 26, 2021

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wbjournal.com | April 26, 2021 | Worcester Business Journal 3 Editor, Brad Kane, bkane@wbjournal.com News Editor, Grant Welker, gwelker@wbjournal.com (Higher education, health care, real estate) Staff Writer, Monica Busch, mbusch@wbjournal.com (Manufacturing, equality & inclusion) Editorial Intern Amy Thai, athai@wbjournal.com Sharon Boateng, sboateng@wbjournal.com Contributors Susan Shalhoub, Livia Gershon Lead Researcher, Timothy Doyle, tdoyle@nebusinessmedia.com Research Assistant, Heide Martin, hmartin@nebusinessmedia.com Production Director, Kira Beaudoin, kbeaudoin@wbjournal.com Art Director, Mitchell Hayes, mhayes@wbjournal.com Senior Accounts Manager Christine Juetten, cjuetten@wbjournal.com Senior Special Accounts Manager Mary Lynn Bosiak, mlbosiak@wbjournal.com Marketing & Events Manager Kris Prosser, kprosser@wbjournal.com COO, Mary Rogers, mrogers@nebusinessmedia.com Accounting Assistant, Rae Rogers, rrogers@nebusinessmedia.com Account Receivable Specialist, Patty Harris, pharris@nebusinessmedia.com Human Resources, Jill Coran, jcoran@nebusinessmedia.com Director of Audience Development, Valerie Clark, vclark@nebusinessmedia.com Operations Assistant, Leah Allen, lallen@nebusinessmedia.com Publisher, CEO, Peter Stanton pstanton@nebusinessmedia.com Associate Publisher, Mark Murray mmurray@wbjournal.com President, Tom Curtin tcurtin@hartfordbusinessjournal.com Worcester Business Journal (ISSN#1063-6595) is published bi-weekly, 24x per year, including 4 special issues in May, September, October, and December by New England Business Media. 172 Shrewsbury St., Worcester, MA 01604. Periodicals postage paid at Worcester, MA. Copyright 2021. All rights reserved. Postmaster: Please send address changes to: Worcester Business Journal, PO Box 330, Congers, NY 10920-9894. Subscriptions: Annual subscriptions are available for $60.00. For more information, please email wbjournal@ cambeywest.com or contact our circulation department at 845-267-3008. Fax: 845.267.3478 Advertising: For advertising information, please call Mark Murray at 508-755-8004 ext. 227. Fax: 508-755-8860. Worcester Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Worcester Business Journal 172 Shrewsbury Street, Worcester, MA 01604 508-755-8004 tel. • 508-755-8860 fax www.wbjournal.com Worcester Business Journal WBJ O n May 3, WBJ readers will no longer enjoy the privi- lege of stories from News Editor Grant Welker. at benefit will belong to Bos- ton Business Journal, as Grant returns to the city where he lived before Worcester. As he departs WBJ, Grant leaves behind a legacy of hard-nosed investigative jour- nalism, data-driven reporting, and the vi- tal-but-all-too-rare trait of speaking truth to power. During a time in the Central Mass. journalism industry where nearly all media outlets are more concerned with appeasing government officials and business executives, as well as promoting their ideas and opinions, Grant offered undisputed facts and thoughts from un- biased experts, unafraid of how his stories oen went against the grain, following only where the research took him. In 2018, Grant published a six-part investigative series showing how Central Mass. is behind the state and national curves in having businesswomen in positions of power. e Boardroom Gap investigative series has now become an annual highlight in WBJ's coverage. Later that year, aer hearing countless offi- cials and executives brag of a Worcester Renaissance, he dove deep into more than three dozen key metrics to see if all that talk had translated into any actual extra economic output. His "Worcester's overhyped Renaissance" story showed Worcester was still behind its peers. Grant's coverage of the publicly funded Polar Park baseball stadium public project has yielded many uncomfortable truths, including the development will likely not pay for itself through tax collections, as city officials have claimed; and how delays in contract signings put the city at a nego- tiating disadvantage against the Worcester Red Sox baseball team and the developer of the surrounding project. e only reason anybody knows the $160-million Polar Park is the most expensive minor league stadium ever built is because Grant did the legwork of tracking down all the costs of every other minor league stadium. Heck, the only reason the $160-million price tag is so well known is because Grant thoroughly read the city's public documents on the stadium. A good journalist can have an out- I N T H I S I S S U E sized – if oen unseen – influence on a community, providing previously unknown information and critical analysis. For four years, Grant Welker brought his A game to his job at WBJ, and Central Mass. is better off because of him. – Brad Kane, editor e legacy of Grant Welker N E W S & A N A LY S I S 4 Central Mass. In Brief 10 Focus on Manufacturing Excellence Awards 19 The List: Largest local manufacturers 21 Know How 22 Movers & Shakers 24 Photo Finish 25 Opinion 26 Shop Talk: Amy Lynn Chase 21 Alternatives to investing in the stock market Advice columnist Matthew Erskine offers four ways to invest your money, with strong returns, while avoiding the volatility of the stock market. 25 Congress must take action on cannabis banking bill In the Viewpoint opinion column, James T. Brett from the New England Council urges the U.S. Senate to follow the House's lead and help legal cannabis businesses take advantage of the finance industry. D E P A R T M E N T S A division of: MEMBER FDIC MEMBER DIF W

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