From the EDC
- "Global Business Symposium"
- Are you interested in Entrepreneurship?
- Development Associates Co-brokers purchase of 80,000 SF industrial facility
- "GLOBAL BUSINESS SYMPOSIUM"
- Dr. Ira Rubenzahl Learning Laboratory
- HELP US END HUNGER
- MGM Springfield wants your help engaging job-seekers!
- COMMUNITY FORUM
- HOLYOKE INNOVATION DISTRICT
- EDC of Western MA & GSCVB Release RFP to Develop New Brand
Organizations in the News
Government Officials in the News
Companies in the News
Business Leaders in the News
Western Mass EDC Board of Directors in the News
Springfield, Mass., which has among the highest unemployment rate in the Bay State, had the largest percentage drop in construction employment nationwide over the past year at 27 percent, according to an analysis by the Associated General Contractors of America of U.S. Labor Department data.(Read Full Article)
The expansion will allow Walmart to establish additional sales areas, parking and access and a new loading dock. The chain will add an expanded grocery section to the store.(Read Full Article)
Chicopee Bancorp, parent of Chicopee Savings Bank, and Springfield-based Hampden Bancorp, parent of Hampden Bank, are weighing sales amid pressure from an activist investor, “people with knowledge of the matter” told Bloomberg.(Read Full Article)
Karl Petrick, an assistant professor of Economics at Western New England University, agreed. He told BusinessWest that, to get the economy moving again, businesses need to hire more aggressively, and consumers need to open their wallets more liberally — two things that won’t happen if unemployment benefits are reduced, payroll tax cuts are eliminated, and other cliff-related measures come to pass.(Read Full Article)
Although paths to entrepreneurship differ, the number of woman-owned businesses is on the rise. According to the American Express OPEN “State of Women-Owned Businesses” report, between 1997 and 2011 the number of women-owned firms increased by 50%, at a rate of 1.5 times the national average. And today, there are more than 7.8 million women-owned businesses in the U.S. that generate $1.2 trillion in sales each year.(Read Full Article)
The University of Massachusetts electrical and computer engineering professor has developed a system called DIORAMA I - Dynamic Information Collection and Resource Tracking System for Disaster Management. It can show who is injured and how severely at a disaster site and evacuate them at a 50 percent faster rate than current practice.(Read Full Article)
The town will not regain its Massachusetts Department of Housing and Community Development Mini-Entitlement status this year, but officials are hoping to receive funding from a more competitive Community Development Block Grant program. Town officials met with officials from the Department of Housing and Community Development recently to talk about the grants. Town officials had been hoping the agency would reverse the town's ineligible status for the Mini-Entitlement Program.(Read Full Article)
Construction Institute salutes Baystate Medical Center's Hospital of the Future with 2012 Pride in Construction Project of the Year award
The Construction Institute announced the recipients of TCI's 2012 Pride in Construction Project of the Year Awards and the Volpe-Eagan Construction Safety Awards. The awards were presented on Dec. 13 at TCI's annual awards luncheon at Venezia's Waterfront Restaurant & Banquet Facility in Boston.(Read Full Article)
Penn National formally took the wraps off its plan for a Springfield casino in a fancy presentation at the historic Paramount Theater on Main Street attended by an estimated 300 people. The event included rock & roll music, a red carpet entrance, speeches by company executives and big screen videos of artist renderings of its planned Springfield Hollywood casino and key Penn casinos around the country.(Read Full Article)
Qteros and the “Q microbe” discovered byUMass researchers and valued for its ability to digest plant waste into ethanol fuel is making a comeback.(Read Full Article)
The secretary touted the project as being consistent with Gov. Deval Patrick’s promise to reduce carbon emissions. The array is located in an open space along Interstate 91 to take full advantage of the sun. Davey said it is modeled after similar highway-side projects in Oregon. Massachusetts hopes to create solar facilities at other regional headquarters.(Read Full Article)
Berkshire Hills Bancorp President and CEO Michael P. Daly has been made chairman of the company’s board of directors. To do so, the board had to amend its bylaws to allow company executives to serve as chairman. Daly officially becomes chairman Jan. 1. He’ll take over for Lawrence A. Bossidy, who was elected lead independent director of the board.(Read Full Article)
“It is my understanding the Eastern States Exposition leadership has sought the advisory services of the Bronson Companies on the topic of a resort-style gaming project,” Griffin said in a prepared statement release Wednesday. “Frankly, this would be consistent with the Big E’s history to make sure that the trustees and board members interests are met while at the same time protecting the 100-year relationship with West Springfield and the region.(Read Full Article)
Town Administrator Robert Weitz told the Board of Selectmen Monday night that he has appointed an advisory task force to make a recommendation on leasing a portion of the closed town landfill for solar panels. Weitz said there has been an expression of interest from two solar companies to lease the landfill for solar panels. Serving on the advisory task force will be DPW Director Edmond Miga, Town Planner John Pearsall and Ed Cinedella, facilities manager for the Hampden-Wilbraham Regional School District.(Read Full Article)
It was during the 2011 Woman of the Year event, which honored Kate Kane, managing director of Northwestern Mutual, that a young mother in her early 20s, with three small children at home, took the stage, grabbed the mic, and explained with the confidence of a seasoned presenter how the scholarship was a turning point in her decision to go back to school to finish her nursing degree or not go back at all.(Read Full Article)
The Longmeadow Educational Excellence Foundation, known as LEEF, recently presented its annual grant awards at a ceremony held in the Longmeadow High School library. Sixteen new grants, totalling $50,664, were awarded. The total number of grants LEEF has awarded since its inception in 2002 is 252. The total amount of money it has given away is $871,000.(Read Full Article)