Worcester Business Journal

October 3, 2022

Issue link: https://nebusinessmedia.uberflip.com/i/1480490

Contents of this Issue

Navigation

Page 2 of 23

wbjournal.com | October 3, 2022 | Worcester Business Journal 3 Editor, Brad Kane, bkane@wbjournal.com Staff Writers Timothy Doyle tdoyle@wbjournal.com (Real estate, higher education) Kevin Koczwara kkoczwara@wbjournal.com (Manufacturing, energy & environment)) Contributors Giselle Rivera-Flores, Laura Finaldi, Monica Benevides, Alan Earls, Susan Shalhoub, Livia Gershon Photgraphers Matt Wright, Edd Cote Research Director, Stephanie Meagher, smeagher@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 Sr. Account Executive Yasmin Nasrullah, Ynasrullah@wbjournal.com Marketing & Events Manager Kris Prosser, kprosser@wbjournal.com COO, Mary Rogers, mrogers@nebusinessmedia.com Accountant, Sarah Ward, sward@nebusinessmedia.com Accounting Assistant, Rae Rogers, rrogers@nebusinessmedia.com Account Receivable Specialist, Patty Harris, pharris@ 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 2022. 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 $84.00. For more information, please email circulation@wbjournal.com or contact our circulation department at 845-267-3008. 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 A t WBJ, we strive to be the go-to source for business news throughout all of Cen- tral Massachusetts. at ge- ography extends as far east as Natick, west to Harwick, north to the New Hampshire border, and south to the Connecticut and Rhode Island borders. Central Mass. is a tricky market to cover for business news, though, given how provincial all of New England is, the pull of Boston, and the number of news deserts in the region. In late September, I discovered a Northborough tech firm had announced plans for a $325-million facility in Georgia back in February, and we missed the news entirely. Since Worcester is the economic center of Cen- tral Mass., WBJ is headquartered in the city, and Worcester is literally in the name of this publication, it is very easy for us to default to our coverage skewing heavily toward Worcester business news. Before COVID struck, the WBJ newsroom was doing a decent job of covering all the non-Worcester areas of the region: Blackstone Valley, North County, MetroWest, Central Mass South. But once the pandemic hit, face-to-face meetings fell off the calendar, travel out of the newsroom subsided, and our coverage defaulted to being too Worcester-centric. Now, we're working to rebuild those bridges. Over the summer, WBJ news staff held a couple of sitdown sessions with business leaders in Blackstone Valley and North County, and we have plans to have similar meetings in MetroWest and Central Mass South. Turning one meeting into comprehensive business coverage of an entire region takes time, but those connections are once again being forged. You see a little bit of those efforts in this edition, where the main subjects for the two longest feature stories are from Fitchburg and Framingham. In his "Many hands sculpt a city" story on page 8, Staff Writer Timothy Doyle writes of the many ways Fitchburg is trying to center down- town revitalization around the city's artis- tic legacy. On page 10, Staff Writer Kevin Koczwara writes in his "Beer's (almost) missing ingredient" about how breweries in Framingham are finding ways to adapt to a carbon dioxide shortage. In being Central Massachusetts' source for business news, we recognize we'll have to continually get out of our comfort zone to meet the players and understand the complexities of the entire region's economy. And we remain committed to doing so. – Brad Kane, editor Going back on the road N E W S & A N A LY S I S 4 Central Mass. In Brief 6 Worcester 300 trivia 12 Focus on Banking & finance 18 The List: Notable 2022 mergers & acquisitions 19 Know How 20 Movers & Shakers 21 Opinion 22 Shop Talk: Solvus Global 16 New kid on the block The nation's largest bank is opening its first branch in Worcester, as local banks adjust to a changing market. 21 Why a nonprofit? Viewpoint opinion columnist Carla Delacruz Davila details the reasons why would-be entrepreneurs should consider starting a nonprofit. D E P A R T M E N T S A division of: I N T H I S I S S U E W Correction: A story entitled "Graduate union" in the Sept. 19 edition of WBJ incorrectly said the Worcester Polytechnic Institute Graduate Worker Union had met with university administration to discuss labor issues. e union has asked to meet with administration, but the meeting has not taken place yet.

Articles in this issue

Links on this page

Archives of this issue

view archives of Worcester Business Journal - October 3, 2022