6 Worcester Business Journal | March 21, 2022 | wbjournal.com
B R I E FS
leaseback deal closed March 11.
e sale was brokered by Worcester
real estate firm Kelleher & Sadowsky
Associates.
Industrial Polymers and Chemicals,
which supplies fiberglass reinforcements
to the abrasives industry, will remain
as a tenant at 508 Boston Turnpike in
Shrewsbury, using 47,000 square feet.
Worcester Art Museum
starts $2M library addition
e Worcester Art Museum has be-
gun construction on a 3,400-square-foot
addition to house its art research library.
e $2.1-million project is expected
to be complete in early 2023 and will
include amenities and programming
for visitors. e two-story addition will
offer a reading room and access to some
of the library's collection on the upper
level, with the majority of the collection
archived in the lower level.
e current art research library was
created in 1909 about a decade aer the
museum was founded. e space will
close in June as the museum transitions
the collection to the new space.
TJX divests $186M from
Russian operations
e TJX Cos., Inc., the Framing-
ham-based parent company of TJ Maxx
and Marshalls, has divested from an ap-
parel retailer with more than 400 stores
in Russia.
TJX wrote its divestment was "in
support of the people of Ukraine," as
Russia continues an ongoing attack on
the country, according to a filing with the
U.S. Securities and Exchange Commis-
sion from March 2.
TJX owned a 25% stake in Luxem-
bourg-based retailer Familia, which does
TJX Cos. is the parent of TJ Maxx.
Unforgettable.
Catering Excellence ~ Creating Memories
Professional Planning
Fresh Local Cuisine
Flawless Execution
Corporate Events ~ Celebrations ~ Holiday Parties ~ Weddings ~ Graduations
Summer Gatherings ~ Social Events ~ Pick-Up Catering
www.peppersartfulevents.com
Start Planning Today
Continued from previous page
