Worcester Business Journal Special Editions

WBJ 25th Anniversary Issue

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10 Worcester Business Journal • www.wbjournal.com 25 YEARS: IMPACTFUL PEOPLE Cumar, a leading manufacturer of fne architectural stone, wanted a low-cost loan to expand its Everett facility. Working with East Boston Savings Bank, we issued a $5.3 million tax-exempt industrial development bond. Just the stepping- stone needed to create 72,000 square feet of space and more than a dozen new jobs. For more information, call us at 800.445.8030 or visit MassDevelopment.com. MassDevelopment. Way to grow. Cumar Marble and Granite Everett We helped an architectural stone company rock. GROWING MANUFACTURING. KHJ20330_MAS-076_Cumar_9X6.indd 1 9/10/14 7:16 AM U ntil 2003, Edwin "Ted" Coghlin ran Coghlin Electrical Contractors and Coghlin Network Services with exceptional vision – as did the family-owned, 129-year-old companies' founder, Ted's grandfather, J.P. Coghlin. Ted's daughter, Susan Mailman, is the fourth generation of the family to run the two companies. The Coghlin touch can be felt through the family's community service. Ted's volunteer endeavors are extensive and diverse, and his commitment to youth is extraordinary. A long- time advocate of local vocational education, he has often credited vocational-school alumni for the success of his family's business. It was Coghlin who, a decade ago, stepped forward to initiate and lead a capital campaign that raised $3 million from several local busi- nesses for the $90-million Worcester Technical High School, which opened in 2006. When President Obama spoke at Worcester Tech's graduation earlier this year, he singled out Coghlin for praise. "Ted is known as the 'godfather' of Worcester Tech, because about 10 years ago he set out to make this school what he knew it could be — a place where businesses train new workers, and young people get the keys to a brighter future," the president declared. M ichael Collins is overseeing an expanding UMass Medical School at a time when the role of gov- ernment in the health-care industry is a hot issue. As head of the state-owned Worcester complex since 2008, he's well positioned to provide critical direction and leadership for its efforts to distinguish itself as a premier aca- demic health-sciences center of nation- al and international distinction. The economic impact of his institu- tion is huge. UMass Medical generates more than $900 million in annual rev- enue. It consists of three schools; more than 1,100 graduate-level students; a workforce of 6,800; several complex and diversified business units such as MassBiologics of UMass Medical; and a thriving, $250-million research port- folio. The school's influence under Collins' leadership extends well beyond Central Massachusetts. In 2006, the school's Craig Mello, and his colleague, Andrew Fire, of Stanford University, won the Nobel Prize in Physiology or Medicine for their discoveries related to RNA interference. A 1997 graduate of the College of the Holy Cross, Collins also serves on the boards of UMass Memorial Health Care and the Worcester Regional Chamber of Commerce. n TED COGHLIN n DR. MICHAEL COLLINS

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