1. Articles from JimKinney413

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    1. Chicopee Bancorp reports 7-cent dividend

      Chicopee Bancorp reports 7-cent dividend

      Chicopee Bancorp, the holding company for Chicopee Savings Bank, declared a cash dividend of 7 cents per share for the recently-completed quarter .  This is an increase of 2 cents per share paid in the same time period last year.  The company reported net income of $670,000, or 14 cents per share, for the three months ended December 31, 2013, compared to $993,000, or 20 cents basic earnings per share, for the three months ended December 31, 2012.

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    2. Affiliated Chambers of Commerce of Greater Springfield support modest, incremental increase in Massachusetts' minimum wage

      Affiliated Chambers of Commerce of Greater Springfield support modest, incremental increase in Massachusetts' minimum wage

      Saying the lowest wage paid by most respondents to its survey is already above $8 an hour, the Affiliated Chambers of Commerce of Greater Springfield
      called for measured and incremental raises to the state's minimum wage. "It seemed to us that a modest increase in the wage would not adversely affect
      the large majority of our members," said Jeffrey Ciuffreda, president of the Affiliated Chambers. "There was some acknowledgment that it hasn't been raised in a long time."

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    3. Dr. David Peck, general contractor Craig Sweitzer renovate former Duryea building in downtown Springfield

      Dr. David Peck, general contractor Craig Sweitzer renovate former Duryea building in downtown Springfield

      NAI Plotkin real estate brokers and property managers sold the building to Peck, President Evan Plotkin said. Plotkin said he'll keep his offices on the first floor, renting from Peck. Contractor Craig Sweitzer and his family have made a specialty out of dental offices, having built more than 70 such facilities in the Pioneer Valley over the past two decades.

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    4. Maverick Group, a document services company, celebrates 20 years in Springfield

      Maverick Group, a document services company, celebrates 20 years in Springfield

      The Maverick Group moved to the 17th floor of Tower Square in 1998 before outgrowing that space and taking a larger space on the 15th floor finally settling in approximately 2,000 square feet of space on the second floor above Champions restaurant. According to founder and owner Jose Rodriguez, the company, processed about 15,000 documents per month when they first started out. Now the Maverick Group processes more than half-a-million documents each month.

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      Mentions: Springfield
    5. Menck USA window company gets $5 million in tax-exempt bonds

      Menck USA window company gets $5 million in tax-exempt bonds

      MassDevelopment has issued a $5 million tax-exempt bond on behalf of Menck USA Inc., which does business as Menck Windows. Menck USA, which will be based in Chicopee, was formed through a partnership between Menck Fenster GmbH, a 130-year-old Hamburg, Germany, custom window and door manufacturer and Liesenfeld International. The company is using bond proceeds to buy manufacturing equipment and renovate roughly half a 150,000-square-foot Chicopee building that was vacant for several years. Menck USA expects to create 50 jobs over the next five years as a result of the project. Boston Private Bank purchased the bond and the ...

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    6. MassMutual board of directors honored by National Association of Corporate Directors New England Chapter

      MassMutual board of directors honored by National Association of Corporate Directors New England Chapter

      MassMutual's 13-member board, made up of some of the top business minds in the region, has contributed greatly to the company's success, the association said in awarding its Private Company Board of the Year award for 2014. In recent years, MassMutual recorded many new achievements: in 2012, the company acquired The Hartford Retirement Plans, nearly doubling the number of retirement participants served across the country, and its assets under management reached a record high of $508 billion. MassMutual is currently one of only two Fortune 100 companies located within Massachusetts (the other is Boston-based Liberty Mutual).

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    7. Affiliated Chambers of Commerce of Greater Springfield taking applications for Leadership Institute

      Affiliated Chambers of Commerce of Greater Springfield taking applications for Leadership Institute

      The Affiliated Chambers of Commerce of Greater Springfield is accepting applications are now being accepted for the 2014 session of Leadership Institute, Rethinking Leadership: Sharpening Skills for Organization and Community Service, sponsored by MassMutual Financial Group and the Irene E. and George A. Davis Foundation. The Leadership Institute is a unique collaboration between the Affiliated Chambers of Commerce of Greater Springfield and Western New England University to teach mid and upper level managers the crucial thinking and problem solving skills needed to enable them to be effective leaders in service to the community and in their workplaces and designed to ...

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    8. Allan Blair, president and CEO of Western Mass Economic Development Council, to retire at end of 2014

      Allan Blair, president and CEO of Western Mass Economic Development Council, to retire at end of 2014

      Allan W. Blair is retiring as president and CEO of the Western Mass Economic Development Council at the end of 2014 after 18 years at the helm of the region's economic development entity.   Blair made the announcement Thursday morning, and a search committee, headed by Peter F. Straley, chairman and chief executive of Springfield-based insurer Health New England, is already set up.

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    9. Route 20 railroad bridge work continues with estimated completion date in August

      Route 20 railroad bridge work continues with estimated completion date in August

      Construction continues on the new, higher dry bridge over the CSX rail line on Route 20 here continues with traffic using a nearby temporary bridge.  The project is scheduled to be completed in August, said Michael Verseckes, spokesman for the state Department of Transportation.  The $6.5 million bridge is part of a larger $25.8 million state-funded railway access project that has made it possible for efficient double-stacked freight trains to pass through Massachusetts, according to the transportation agency.  The project also includes replacement of five other bridges located on Summit Road in Richmond, Middlefield and Baystate Road in ...

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    10. Springfield's Tower Square wins building operations and management award

      Springfield's Tower Square wins building operations and management award

      The CBRE-NE Tower Square management office recently announced Tower Square 's designation as a 360 Performance Building by the Building Owners and Managers Association International. The 360 Performance program recognizes commercial properties that demonstrate best practices in building operations and management. The BOMA 360 Performance Program validates and recognizes commercial properties that demonstrate best practices in building operations and management.

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      Mentions: Springfield
    11. Microbusiness for Inclusion and Collaborative Success launches effort

      Microbusiness for Inclusion and Collaborative Success launches effort

      Microbusiness for Inclusion and Collaborative Success, a business leadership initiative driven by UnityFirst.com’s Janine and Tom Fondon and a group of diverse business owners has been launched with the collaborative support of the MassMutual Center, Affiliated Chambers of Commerce of Greater Springfield and the Greater New England Minority Supplier Diversity Council.

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    12. Associated Industries of Massachusetts: 2013 a 'lost year' for state economy

      Associated Industries of Massachusetts: 2013 a 'lost year' for state economy

      Employers' confidence in the Massachusetts economy remained unchanged in December, closing the year barely better than neutral after what the Associated Industries of Massachusetts called a 'lost year' of little overall progress.  'It's better than it was a year before, but last December was an awful month with the fiscal cliff facing us,' said Andre Mayer, senior advisor for Associated Industries of Massachusetts, a statewide business group that does the monthly confidence surveys. 'We had our ups and downs, basically ending up back where we were. The downs appear to be the result of fiscal policy deadlock in Washington.'

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    13. Springfield Hampton Inn & Suites to feature 87 rooms on East Columbus Avenue site

      Springfield Hampton Inn & Suites to feature 87 rooms on East Columbus Avenue site

      The 87-room Hampton Inn and Suites under construction at 851 East Columbus Ave. should be open by July or August, says developer Dinesh Patel.  The hotel is being built on the former site of Balise Hyundai on a 1.4 acre lot at a cost of $4.4 million. It is near the area proposed as a site for the MGM Resorts International casino.  Patel said it is a perfect location for a hotel with great visibility from Interstate 91.

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    14. One-stop shop: Detector Technology in Palmer looks to create 'manufacturing mall'

      One-stop shop: Detector Technology in Palmer looks to create 'manufacturing mall'

      Jay Ray, president and CEO of Detector Technology Inc., likens his company's expansion project to a manufacturing mall. Think of storefronts, he said, lining the perimeter of a precision machine shop. Each storefront, each distinct physical space in the plant, run by and representing a critical step or aspect of manufacturing, development and assembling highly technical products.

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      Mentions: Palmer Holyoke
    15. Nuclea Biotechnologies in Pittsfield hopes to relocate manufacturing to old GE site from Cambridge

      Nuclea Biotechnologies in Pittsfield hopes to relocate manufacturing to old GE site from Cambridge

      Nuclea Biotechnologies, a developer and maker of diagnostic tests for cancer and diabetes, hopes to move manufacturing operations from Cambridge to the Berkshires. The new location would be near Nuclea's current headquarters in what was once General Electric's sprawling Pittsfield manufacturing complex. Today it is the Pittsfield Economic Development Authority property now known as the William Stanley Business Park.

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    16. Square One, United Personnel help mothers enter job market with Mom Squad training program

      Square One, United Personnel help mothers enter job market with Mom Squad training program

      United Personnel also brings recruiters into a Square One child-care center for a job fair, followed by practice interviews and resume help. It also allows Mom Squad participants to go through the company's assessment tests and figure out what kind of jobs they are good at.

      "Job hunting is lonely these days because so much of it is on the Internet," she said.

      And there are jobs out there, Canavan said.

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    17. Menck Windows in Chicopee, Berkshire Mountain Distillers in Sheffield, Titan Roofing in Springfield and Mestek in Westfield get tax incentives for growth

      Menck Windows in Chicopee, Berkshire Mountain Distillers in Sheffield, Titan Roofing in Springfield and Mestek in Westfield get tax incentives for growth

      Four Western Massachusetts companies, including three manufacturers, are getting tax incentives to encourage investment and job creation, the state Executive Office of Housing and Economic Development said Thursday.  And one of the four, Menck Windows of Chicopee brings an entirely new business to the region, according to the news release  The other three are Mestek Inc., a maker of heating and cooling equipment in Westfield, Berkshire Mountain Distillers Inc. in Sheffield and Titan Roofing in Springfield.

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    18. Regional Employment Board of Hampden County puts David Cruise at the helm

      Regional Employment Board of Hampden County puts David Cruise at the helm

      The Regional Employment Board of Hampden County named David M. Cruise as its new president and CEO at its annual meeting on Wednesday.  Cruise had been the Regional Employment Board's director of Business and Employment Services.  The Regional Employment Board brings together educational institutions, industry and government to improve work-readiness and economic opportunity with an annual budget of $12.3 million in state and federal funding.

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    19. Belt Technologies, other local employers, take advantage of Workforce Training Initiatives

      Belt Technologies, other local employers, take advantage of Workforce Training Initiatives

      Belt Technologies, a manufacturer of stainless steel belts, pulleys and conveyors with 35 employees at its Agawam factory and headquarters, is one of several local companies taking advantage of the latest round of state Workforce Training Initiatives.  Belt Technologies, which received $75,897 to train 31 employes and create three new jobs, is one of 39 Massachusetts companies looking to train 3,273 workers and hire 242 with a total of $3.7 million announced last week by the Executive Office of Labor and Workforce Development.

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    20. Southworth's Paperlogic unit in Turners Falls looks for new paper markets

      Southworth's Paperlogic unit in Turners Falls looks for new paper markets

      Mike Bilodeau, director of the process development center at the University of Maine at Orono. Southworth and Paperlogic are working with Bilodeau's team and with researchers at the University of Massachusetts at Amherst . For most of its life, the Southworth Co. mill on the power canal here was Esleeck Paper Co. and famous for its onionskin typing paper. Onionskin was tough, translucent and lightweight, perfect for the emerging technologies: the typewriter, carbon paper and airmail. Try finding it on an office-supply shelf today. "Nobody uses carbon paper anymore," said Ken Schelling, mill manger for the Southworth Co. "So they ...

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    21. F.L. Roberts to complete car wash in Springfield's South End by end of December

      F.L. Roberts to complete car wash in Springfield's South End by end of December

      Local chain F.L. Roberts hopes to open a new Golden Nozzle Car was location on East Columbus Avenue in the city 's South End by the end of December. Steven M. Roberts, chief executive officer and president of F.L. Roberts, said the company might close a nearby car wash when the new one opens, but the decision is not final. FL Roberts already has a nearby Mobil gas station.

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    22. Valley Gives closes in on $1 million, drums up support in Downtown Springfield

      Valley Gives closes in on $1 million, drums up support in Downtown Springfield

      Valley Gives, the 24-hour regional e-philanthropy event, closed in on $1 million in donations at midday. That's halfway toward the event's $2 million goal for the daylong fundraiser online at www.http://valleygives.razoo.com and with major presences on social media including Facebook and Twitter at @valleygives.  Cindy Merrill of Wilbraham said she noticed that there were more donors registered on the site today compared with when she donated last year for the first Valley Gives day.

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      Mentions: Springfield Amherst
    23. Smith & Wesson announces sales up 2 percent from this time last year

      Smith & Wesson announces sales up 2 percent from this time last year

      Smith & Wesson announced Tuesday net sales of $139.3 million for the quarter ended Oct. 31, up 2 percent compared with the same period a year ago when sales were $136.5 million.  The company's stock rose 6 percent in after-hours trading to about $12.79 per share from $12.12 a share at the stock market's close. Smith & Wesson stock is up 44 percent on the year

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