MetroWest495 Biz

4 MetroWest495 Biz | October 2015 495BIZ M E T R O W E S T produced by WBJournal.com 495BIZ produced by WBJournal.com Want to reach us? Visit: www.WBJournal.com/MetroWest495Biz Email: MetroWest495Biz@wbjournal.com Call: 508-755-8004 Executive Editor Brad Kane Editor Emily Micucci Contributors Sam Bonacci Livia Gershon Carol McDonald Susan Shalhoub Contributing Photographer Edd Cote Researchers Roger Magnus Heide Martin Production Director Kira Beaudoin Associate Art Director Mitchell Hayes Manager of Video/Multimedia Ser vices Matthew Volpini Director, Major Accounts Bonnie Leroux Marketing & Events Manager Kris Prosser Senior Account Managers Chris Juetten, Matt Majikas Publisher, CEO Peter Stanton Group Publisher Joe Zwiebel Associate Publisher Mark Murray W elcome to the October issue of MetroWest495 Biz. It's time again to turn attention to money matters. Our annual Banking and Finance issue this year examines how the improved national home mort- gage business is playing out locally. As with the U.S., the local home loan market is becoming more favorable for com- munity banks and credit unions, and they have some important advantages but also distinct challenges. Find out what they are in Livia Gershon's Page 12 feature. Again on the finance front, Gershon explores how financing for solar projects has become a bigger business among local lenders who are attracted by the cash solar installations generate for their users. Learn about why they're a relatively safe proposi- tion on Page 14. Also related to finance, and health care, is our feature examining the apparent turnaround that executives at MetroWest Medical Center in Fram- ingham and Natick have been able to set into motion during the first half of 2015. Learn about their strategy on Page 16. Outside the issue focus, we have two more compelling features highlighting important local economic happenings. On Page 18, freelance writer Susan Shalhoub highlights important efforts by local towns to create attractive communi- ties for young professionals to live in, an important factor for corporate tenants that want to recruit and retain the best talent. On Page 20, get the details on Raytheon Company's decision to shut- ter its longtime Sudbury operations by the end of next year and relocate most of its radar development activities, including the majority of the Sudbury workforce, a few miles west to Marlborough. Regularly featured content Also in this issue, we are pleased to of- fer the point of view of veteran real estate reporter Christina O'Neill in our Real Angle column on Page 11. We also were pleased to sit down with Paul Joseph, the new president and CEO of the Me- troWest Chamber of Commerce and an entrepreneur, for our regular What It Takes feature. After a few weeks on the job, Joseph shares his early vision for lead- ing the chamber on Page 22. Be sure to browse our Roundup section on Pages 5 to 7, which recaps local business news — including major announcements in recent weeks about Hopkinton's EMC and Framingham's TJX. On Page 10, our list features MetroWest credit unions. And for a listing of upcoming business networking events, and a snapshot of two recent events, see our calendar and Out and About sections on Pages 8 and 9. n Emily Micucci, Editor FROM THE EDITOR People. Places. Product. Photographic images for advertising, public relations, graphic and corporate communications groups . See the difference. 165 Holly Lane • Holliston, MA 01746 Phone: 774.248.4050 • www.ronbouleyphoto.com R O N B O U L E Y P H O T O G R A P H Y MetroWest495 Biz is published 5 times a year by New England Business Media, LLC. Postmaster: Please send address changes to: Worcester Business Journal PO Box 330, Congers, NY 10920-9894 845-267-3008 • Fax: 845.267.3478 metrowest@cambeywest.com Money matters

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