Worcester Business Journal

November 27, 2017

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4 Worcester Business Journal | November 27, 2017 | wbjournal.com C E N T R A L M AS S I N B R I E F V E R B A T I M Manufacturing diversity "It's important for us as a consumer-type company creating incredible vehicles for customers to make sure they're actually representative of the customers we hope to sell to." Ken Barrett, the global chief diversity officer for General Motors, on the importance of diversity in manufacturing, on the day he gave a speech to the Abdella Center for Ethics in Worcester Healthcare problems "What they're doing are chasing a variety of initiatives they believe will make the system better." Gov. Charlie Baker, on flaws he sees in a Mass. healthcare bill the state Senate passed in early November Museum donations "This gift adds many unusual icon subjects such as the Pure Soul, Prayer of the Cup, rare examples of carved icons, a wedding crown, and new regions and styles not previously represented in our collection." Kent Russell, curator and CEO of the Museum of Russian Icons in Clinton, on the museum's largest-ever donation. Hanover Theatre sets revenue record BY GRANT WELKER AND ZACHARY COMEAU Worcester Business Journal Writers T he Hanover Theatre in Worcester generated $9.2 million in revenue in fiscal 2017, which is a record and double what the theater made when it opened in 2008. The revenue record contributed to the Hanover having its most successful year as it nears its 10th anniversary cel- ebration on March 14, said President and CEO Troy Siebels said at the the- atre's annual meeting on Nov. 14. The theater had 231 performances and 214,000 patrons in the budget year, which ended mid-2017. A $10-million fundraising campaign first kicked off to help buy the conservatory building has so far raised $7.6 million. That conservatory opened in January and has run 62 classes serving more than 200 students, said Meghan Montaner, the theater's director of education. The theater hired its first general manager, Glen Grusmark, to help over- see operations. Its Adopt a School pro- gram, which aims to bring the theater to Worcester Public Schools students, has connected with 2,400 students. The theater made the large majority of its $9.2 million in revenue from tick- et sales and other events income, which is supplemented by grants and invest- ment income. New downtown restaurant When the Hanover Theatre expand- ed into the building at 551 Main St. building for the new conservatory, lead- ers of the organization set a goal of opening a restaurant to help liven the stretch of downtown outside. That vision will become a reality next spring. Chris Rassias, a Worcester-raised res- taurateur, will open a 1920s-themed restaurant in the space. Plans for the restaurant, dubbed Josephine's, were revealed at the annual meeting. The menu will be American, with steak and seafood offerings, upscale but affordable enough for people looking to take in a show afterward, Rassias said. "I'm excited to be here and excited to do great things in the future," he said. Rassias, who owns the Fairmount Grille in Boston, said he was tipped off to the opportunity by friends in the Worcester area who heard of the oppor- tunity. He plans to name the restaurant after Josephine Baker, an entertainer and activist who became a star in the '20s. The restaurant will bring new life to a storefront that's been vacant since before the theater bought the former office building in 2014. The expansion was completed in mid-2016. "We strongly feel that having a restau- rant down there that's symbiotic will contribute a great deal," Siebels said. "It has taken a lot to bring that together." W Glen Grusmark, general manager, Hanover Theatre P H O T O / G R A N T W E L K E R

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