1. All Articles

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    1. Hampden Bancorp, Inc. Reports 19% Increase in Six Month Net Income, Reports Authorization of a Sixth Stock Repurchase Program, and Declares 33% Increase in Cash Dividend

      Explore Yahoo! Finance (Feb 14 2012)

      Thomas R. Burton, Vice Chairman and CEO stated, “Economic conditions in the first half of our fiscal year appear stronger than a year ago. We are seeing an increase in our commercial loan backlog as companies appear to be more comfortable borrowing to expand their businesses. Non accrual loans and impaired loans continue to decline as we see overall asset quality improve. This improvement is reflected in a lower provision for loan losses while still maintaining strong ratios related to our allowance for loan losses. Overall earnings have improved as our cost of funds continues to decline and expenses are ...

      (Read Full Article)

    2. Connecticut Airport Authority Hires Marketing Consultant

      Explore Ellington (Feb 14 2012)

      Connecticut Airport Authority Hires Marketing Consultant

      The Connecticut Airport Authority has hired a marketing consultant to enhance its marketing capabilities and to help identify new routes and enhancements for Bradley International Airport and the state’s general aviation airports.

      (Read Full Article)

      Mentions:   Bradley International Airport

    3. The Cutting Edge

      Explore BusinessWest (Feb 14 2012)

      The Cutting Edge

      Robotic surgery as a concept is not new to the hospital. In fact, Mercy committed several years ago to investment in the high-tech machinery. “And it’s not just the surgeon,” Wolf said. “You need an extraordinary team devoted to da Vinci surgery.”

      (Read Full Article)

      Mentions:   Springfield

    4. Difference Makers 2012

      Explore BusinessWest (Feb 14 2012)

      Difference Makers 2012

      Two of the individuals are cousins, continuing and expanding D’Amour family traditions of business excellence, service to the community, and philanthropy. Another is the president of a community college hailed for his efforts to create ‘pathways’ to his institution and then from it, to four-year colleges and career opportunities. Still another has forged a reputation for getting things done, especially in the realms of adult literacy and creating permanent solutions to the problem of homelessness. Meanwhile, a husband-and-wife team, majors in the Salvation Army, have been lauded for their work with disasters — large ones, like the tornadoes that touched ...

      (Read Full Article)

    5. Westfield's downtown reconstruction project scheduled for completion this summer

      Explore masslive.com (Feb 13 2012)

      Westfield's downtown reconstruction project scheduled for completion this summer

      Westfield on Weekends and the Business Improvement District are optimistic and conservative in planning community activities in the downtown this year.

      (Read Full Article)

      Mentions:   Westfield   The Republican   Daniel M. Knapik

    6. Springfield sees foundation laid for economic growth in 2012

      Explore masslive.com (Feb 13 2012)

      Springfield sees foundation laid for economic growth in 2012

      Progress made in recent months – including the hiring of Kevin E. Kennedy as the city’s new chief development officer – has laid the foundation for economic development gains in 2012, says Mayor Domenic J. Sarno.

      (Read Full Article)

      Mentions:   American International College   Smith & Wesson Corp.   Springfield

    7. Agawam officials upbeat about prospects for business development during 2012

      Explore masslive.com (Feb 13 2012)

      Agawam officials upbeat about prospects for business development during 2012

      “I’m very optimistic. I commend the Planning Department and the planning director,” Mayor Richard A. Cohen said during a recent interview. “I have been working very hard in difficult times, not only with businesses, but with the Agawam Small Business Association and the West of the River Chamber of Commerce. Eventually people will see the positive outcomes of our diligent work.”

      (Read Full Article)

      Mentions:   West Springfield   Springfield   Westfield

    8. Holyoke looks to new mayor, computing center, ways to make city attractive to ...

      Explore masslive.com (Feb 13 2012)

      Holyoke looks to new mayor, computing center, ways to make city attractive to ...

      As 23-year-old Mayor Alex B. Morse and this former paper-mill hub prepare to unveil a $165 million computing center later this year, hopes are that the new mayor and a culture of innovation can begin to loosen poverty’s grip on this city.

      (Read Full Article)

      Mentions:   Governor Deval L. Patrick   University of Massachusetts   Big Y Foods

    9. Chicopee's Westover Air Reserve Base may fall victim to federal budget squeeze

      Explore masslive.com (Feb 12 2012)

      Chicopee's Westover Air Reserve Base may fall victim to federal budget squeeze

      Westover Air Reserve Base has about 6,000 people working there, from pilots to barbers to clerks at the base exchange store, and the base pumped about $238 million into the regional economy in 2011, according to an Air Force Study.

      (Read Full Article)

      Mentions:   University of Massachusetts   Springfield   Chicopee

    10. Higher education institutions turn out a well-prepared workforce which helps attract business

      Explore masslive.com (Feb 11 2012)

      Higher education institutions turn out a well-prepared workforce which helps attract business

      Having that well-trained workforce and the potential to train new workers is key to bringing new businesses to the area, according to Michael Graney, senior vice president for business development with the Economic Development Council of Western Massachusetts. Graney recently fielded a query from a company wanting to open a pharmacy in the area, and he was able to talk about Western New England University’s new College of Pharmacy. It enrolled its founding class of 75 students in the fall, and this spring, learners began their first experiential rotations, spending one day a week working with area pharmacists in ...

      (Read Full Article)

      Mentions:   American International College   University of Massachusetts   Holyoke Community College

    11. Angel Investors pour capital, ideas into young businesses, entrepreneurs in Western Massachusetts

      Explore masslive.com (Feb 11 2012)

      Angel Investors pour capital, ideas into young businesses, entrepreneurs in Western Massachusetts

      Allan Blair, the president of the Economic Development Council of Western Massachusetts, says Silva is right on the mark about the improved infrastructure for entrepreneurs in the Pioneer Valley, but he still gives a lot of the credit to Angel Investors.

      (Read Full Article)

      Mentions:   University of Massachusetts   Allan W. Blair   The Republican

    12. Developers looking to go 'full steam ahead' with Ludlow Mills revitalization

      Explore masslive.com (Feb 11 2012)

      Developers looking to go 'full steam ahead' with Ludlow Mills revitalization

      Voters at a 2011 Town Meeting approved a mixed-use zoning bylaw to accommodate the Ludlow Mills project, and a special permit will be sought from the Planning Board early this year, according to Bryan Nicholas, senior vice president for Westmass.

      (Read Full Article)

      Mentions:   Springfield   Holyoke   The Republican

    13. Northampton hopeful for economic revival in downtown, long-term projects

      Explore masslive.com (Feb 11 2012)

      Northampton hopeful for economic revival in downtown, long-term projects

      Anderson has the good fortune of seeing some long-time log jams opening up as she leaves. The former Hill & Dale mall on King Street, dormant for years, has been purchased by Colvest, a Connecticut company, and it plans to redevelop the parcel in 2012. The adjoining property, once the headquarters of Kollmorgen Optical Electro-Optical, is expected to go on the market now that the company has moved its operations to Village Hill. Defense contractor L-3 Communications recently bought Kollmorgen from Danaher Corp. for $210 million, but Anderson does not think that will affect either the sale of the King Street ...

      (Read Full Article)

      Mentions:   Colvest Group   Greenfield Community College   Northampton

    14. Franklin County sees growth on tap for 2012

      Explore masslive.com (Feb 11 2012)

      Franklin County sees growth on tap for 2012

      Robert W. Pyers, assistant to the Greenfield mayor for economic development and marketing, noted that from 2009 when Mayor William F. Martin first took office until the first quarter of 2011 (the most current data available) Greenfield-based businesses have added about 100 new jobs.

      (Read Full Article)

      Mentions:   Greenfield   The Republican   Robert Pyers

    15. New Mayor Gregory Neffinger looks to get off on the right foot with West Springfield businesses

      Explore masslive.com (Feb 11 2012)

      New Mayor Gregory Neffinger looks to get off on the right foot with West Springfield businesses

      Neffinger said he would like to look at such “micro” areas as Union Street and the vacant land around the CSX rail yard with an eye toward developing them. He also hopes to focus on drawing businesses to raw land in the Agawam Avenue neighborhood which was identified in the Merrick-Memorial Study as an area which could generate $1 million a year in property tax revenues if developed.

      (Read Full Article)

      Mentions:   West Springfield   Springfield   The Republican

    16. Growth Industry Sector Series Kicks Off with Photonics Event

      Explore From the EDC (Feb 10 2012)

      The EDC hosted, and First Niagara Bank sponsored, the firstevent in our Industry Sector series, “New Market Opportunities for Photonicsand Fiber Optics Companies” at the Springfield Technology Park earlier thisweek. Photonics company executives from six states constituted the majority ofthe 75 attendees. Five industry speakers provided case studies of howcompanies, large and small, have found new uses for technology to navigate andprosper in this rapidly changing industry. The Western Mass firms in attendancehad the chance to network with their peers from around the northeast and to seehow their technologies can support some of these new initiatives.    The Photonics event was ... (Read Full Article)

      Mentions:   Springfield   Michael Graney   Economic Development Council of Western Massachusetts

    17. Massachusetts will be center of health care debate

      Explore masslive.com (Feb 10 2012)

      Massachusetts will be center of health care debate

      Massachusetts will be Ground Zero for the national health-care debate this year, according to Peter F. Straley, chairman and chief executive officer of Springfield-based health insurer Health New England.

      (Read Full Article)

      Mentions:   Springfield   Health New England   The Republican

    18. Big Y Foods says 'hometown feel' is key to its business success

      Explore masslive.com (Feb 10 2012)

      Big Y Foods says 'hometown feel' is key to its business success

      “We want to be careful about how we grow” and not grow too fast, he says. Generally focused on “modest, planned growth,” the company’s goal is to add a couple stores per year as Big Y Foods moves forward.

      (Read Full Article)

      Mentions:   Big Y Foods   Springfield   Holyoke

    19. Friendly Ice Cream CEO Harsha Agadi resigns following company's emergence from bankruptcy

      Explore masslive.com (Feb 10 2012)

      Harsha V. Agadi, the chairman and CEO of the Friendly’s Ice Cream Corp. since August of 2010, has resigned one month after the restaurant chain emerged from federal bankruptcy protection, spokeswoman Maura C. Tobias said Thursday night.

      (Read Full Article)

      Mentions:   West Springfield   Springfield   Chicopee

    20. Manufacturing had a small rebound in 2011, looks to a solid 2012

      Explore masslive.com (Feb 10 2012)

      Manufacturing had a small rebound in 2011, looks to a solid 2012

      Kasa’s company, a precision manufacturer, makes tiny parts that make up larger components all over the new $193-million Dreamliners as well as in other aircraft and space equipment. The company has 22 employees now and is looking to add to its workforce, if Kasa can find the skilled machinists and technicians her company requires.

      (Read Full Article)

      Mentions:   Boeing   Smith & Wesson Corp.   Springfield

    21. Nuvo Bank & Trust in Springfield grows, records 1st profitable quarter

      Explore masslive.com (Feb 10 2012)

      Nuvo Bank & Trust in Springfield grows, records 1st profitable quarter

      Nuvo opened in April 2008 just as the worldwide banking crisis hit hard. But, as Nuvo president Jeffrey S. Sattler points out, a new bank brings with it a clean balance sheet without any loans that are either suspect to begin with or about to turn sour in a bad economy.

      (Read Full Article)

      Mentions:   West Springfield   Springfield   Amherst

    22. Organizers of Rebuild Springfield say the future is bright for tornado recovery

      Explore masslive.com (Feb 10 2012)

      Organizers of Rebuild Springfield say the future is bright for tornado recovery

      “The master plan is a blueprint for action,” says Gerald W. Hayes, co-chair of Rebuild Springfield. “The rest is up to us.”

      (Read Full Article)

      Mentions:   Domenic J. Sarno   Westfield State University   Springfield

    23. No Child Left Behind waiver granted to Massachusetts, 9 other states

      Explore masslive.com (Feb 9 2012)

      “It doesn’t lessen the mission to achieve and the deadline is more realistic,” Holyoke Superintendent David L. Dupont said.

      (Read Full Article)

      Mentions:   Springfield   Chicopee   Holyoke

    24. Inside Look—Startup Sees Need for Autism, Mental Illness Devices | MDDI Medical Device and Diagnostic Industry News Products and Suppliers

      Explore mddionline.com (Feb 9 2012)

      Inside Look—Startup Sees Need for Autism, Mental Illness Devices | MDDI Medical Device and Diagnostic Industry News Products and Suppliers

      While such inventions may provide relief for people with autism, they’re not reimbursable through Medicare or Medicaid and often aren’t covered by insurance. Therapeutic Systems, an Amherst, MA–based startup, hopes its Vayu deep-pressure therapy vest will achieve what those other devices have not: 510(k) clearance. “Our goal is to develop a reimbursable medical device, not a homemade solution,” says CEO Brian Mullen. “I think [people with autism] deserve the same level of quality and safety as those with any other illness or diagnosis.”

      (Read Full Article)

      Mentions:   University of Massachusetts   Amherst   Therapeutic Systems

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