Worcester Business Journal

March 6, 2017

Issue link: https://nebusinessmedia.uberflip.com/i/794001

Contents of this Issue

Navigation

Page 5 of 27

6 Worcester Business Journal | March 6, 2017 | wbjournal.com B R I E F S Wormtown expanding beer sales into R.I. Wormtown Brewery will sell its beers outside Massachusetts for the first time in April when a Rhode Island distributor starts delivering the Worcester brews. For the first year, Cranston, R.I. distrib- utor McLaughlin & Moran Co. will only distribute the Wormtown beer on draft. The brewery has been working for two years to grow into the Ocean State, said Wormtown Co-Founder Ben Roesch, whose wife is from Rhode Island. T H E T I C K E R 8,000 Bottles of wine at the new Total Wine & More store off Route 9 in Shrewsbury. Source: Total Wine & More Cost of Worceser Polytechnic Institute's new Foisie Innovation Studio and Residence Hall, for which a construction topping- off ceremony was held last month. $45M Source: WPI Amount that Workers Credit Union in Fitchburg paid out to its members last year, the fourth straight year it made such a payout. $3.3M Source: Workers Credit Union Take a tour & see for yourself! INSPIRED STUDENT LIVING Brand new, furnished lofts in the heart of WORCESTER. CUTTING-EDGE AMENITIES • Brand new, fully furnished 1, 2 and 4 bedroom lofts • 1 bathroom per bedroom • Individual leases • Utilities Included (heat, AC, water, sewer) • Energy efficient kitchen appliances • 11'-13' ceilings and large windows • Flat screen TV • Controlled access into building and apartment • High-speed internet & cable • State-of-the-art fitness center • Yoga room • Gaming lounge • Study areas • Roommate-matching service 8 Grafton St., Worcester, MA 01604 508.755.1950 www.edgeunionstation.com leasing@ edgeunionstation.com Office Hours: M - F: 9:00am - 6:00pm Sat: 10:00am - 5:00pm Sun: 11:00am - 3:00pm Potholes repaired along the Mass. Pike between Sturbridge and Weston last year. 310 Source: Massachusetts Department of Transportation Continued from previous page Six developers tour vacant Worcester courthouse Potential developers of the vacant Worcester County Courthouse toured the building, a few months after a sale of the building fell through. New Hampshire firm Brady Sullivan Properties bought the site from the city in 2015 for $1.2 million, but the buyer backed out of the deal in December. The city is restarting the sale process, hosted about 20 people from six differ- ent firms in February. Companies with interest in the building had until March 1 to propose their development plans. Arch Therapeutics to make $6M stock offering Framingham biotechnology company Arch Therapeutics is selling an estimat- ed $6.1 million worth of shares, in part to pay back the Massachusetts Life Sciences Center for funding. Arch develops materials for hemostat- ic and wound care devices. The offering is expected to close on or around Feb. 24. Arch plans to pay back $825,000 to the Massachusetts Life Sciences Center for accelerator funding. (From left) Wormtown Brewery co-founder Ben Roesch, developer Robert Branca, co- founder Tom Oliveri and managing partner David Fields inside their facility on Shrewsbury Street in Worcester.

Articles in this issue

Links on this page

Archives of this issue

view archives of Worcester Business Journal - March 6, 2017