1. Articles from JimKinney413

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    1. Mercy Medical Center nears completion on a $20-million office building

      Mercy Medical Center nears completion on a $20-million office building

      Sisters of Providence Health System expects to have Mercy Medical Center's new $20 million medical office building completed sometime in the next few months, said Mark M. Fulco, senior vice president for strategy and marketing at the Sisters of Providence Health Systems.  The 75,000-square-foot building also helps to improve its location at the corner of Carew and Chestnut Streets.  'Instead of a parking lot you will heave a very attractive office building,' Fulco said

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    2. CNR Changchun Railway Vehicles Co. impressed with Putnam Vocational

      CNR Changchun Railway Vehicles Co. impressed with Putnam Vocational

      Executives from CNR Changchun Railway Vehicles Co. interested in using Springfield as a hub for future expansion into the American market toured Roger L. Putnam Vocational Technical Academy Friday, wrapping up a week of visits to Massachusetts for the largest maker of railroad cars in the world. "I am interested in meeting my new partners," said Lu Xiwei, general manager of the Changchun which is often also referred to by the initials CNR CRC. "I'm looking for all the resources here. For us, we are going to need 200 employees and they must be well-trained and ready for the ...

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    3. City on the Rise: Springfield business leaders get overview of $2.48 billion in projects

      City on the Rise: Springfield business leaders get overview of $2.48 billion in projects

      Tax incentives provided by state and city government have resulted in $152 million in private investment and the creation of 921 jobs in the city, according to a presentation prepared by Springfield Chief Development Officer Kevin Kennedy.  It's part of a presentation called 'City on the Rise,' detailing $2.48 billion in recently completed and proposed construction projects. Most, if not all the projects, have been written about before, such as the 368 jobs MassMutual Financial Group moved to its State Street headquarters.

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    4. CNR Changchun Railway Vehicles: Berkshires economic developer says competition will be tough for MBTA work

      CNR Changchun Railway Vehicles: Berkshires economic developer says competition will be tough for MBTA work

      CNR Changchun Railway Vehicles seems set on Springfield, but expect stiff competition for the $1.5 billion MBTA transit car contract prompting the Chinese company to propose a factory here.  Everybody wants a piece of the contract, and the 150 to 300 jobs it means over 10 years, said David Curtis, economic development specialist for 1Berkshire, the economic development agency for Berkshire County.

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    5. Springfield builds confidence by presenting $2.48 billion in development to

      Springfield builds confidence by presenting $2.48 billion in development to

      The city answered back its critics Tuesday night with a detailed presentation outlining $2.48 billion in construction and economic development projects either recently completed or soon to start. Kevin Kennedy, the city's chief development officer, presented the list entitled "On the Rise" in front of about 250 business leaders at City Stage downtown. It was a forum organized by the Affiliated Chambers of Commerce of Greater Springfield and the Western Massachusetts Economic Development Council.

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    6. Springfield could become site for Chinese manufacture of MBTA cars

      Springfield could become site for Chinese manufacture of MBTA cars

      A Chinese railroad car manufacturer wants to assemble MBTA transit cars at the 40-acre former Westinghouse site on Page Boulevard and make Springfield the hub for its North American manufacturing operations.  Changchun Railway Vehicles Co. has been the largest transit car maker in the world three years running. A century ago, Springfield's Wason Manufacturing was the largest manufacturer of railroad cars and locomotives in the country.  Changchun has an option to buy the property, once put forth as the site for the Ameristar Casino, and will meet with potential contractors and local suppliers from 10 a.m. to 2 ...

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    7. Health New England's Peter Straley stepping down at pivotal point

      Health New England's Peter Straley stepping down at pivotal point

      Peter Straley, CEO of Springfield health insurer Health New England has often referenced his mother's health care plan: eat fruits and vegetables, play outside every day and do common-sense things like wearing a seat belt and brushing your teeth.  But now, heading into his retirement from Health New England April 4, he references camping advice from his father: you have to leave the campsite better than you found it.  'Gather more firewood than you need in case it's raining when the next people come and they need a fire right away,' Straley, who is turning 60, said this ...

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    8. U.S. Rep. Richard Neal, of Springfield, reacts to additional Union Station funding provided by state

      U.S. Rep. Richard Neal, of Springfield, reacts to additional Union Station funding provided by state

      U.S. Rep. Richard E. Neal, D-Springfield, commented Thursday after the Massachusetts Department of Transportation's Board of Directors designated another $16.5 million for the renovation of Springfield's Union Station.  Neal is a longtime champion of the project going back to his days as a City Council member. He had the city take ownership of the property when he served as mayor.

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    9. UMass President Robert L. Caret says perfomance review will help strengthen all five campuses

      UMass President Robert L. Caret says perfomance review will help strengthen all five campuses

      The report looks at all five campuses together as a whole and covers almost every aspect of the University's operations. Everything got one of four grades: excellent progress, good progress, some progress or limited progress. None of the 21 categories got a "limited progress", a fact that Caret, who took office in 2011, said he knows will open the process up to criticism. "These are subjective," he said. "But I sat in on the meetings were these were evaluated and we took a look at every category, particularly those that got "some progress and "good progress" to see if ...

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    10. VertitechIT thrilled to grow in new home in Holyoke's Open Square

      VertitechIT thrilled to grow in new home in Holyoke's Open Square

      A year ago, Michael Feld, CEO of VertitechIT, had to be talked into looking at potential office space in Holyoke's Open Square. He'd heard all the knocks on Holyoke. But his company was growing and needed space, inexpensive space but edgy, attractive space that fit with the company's high-tech work as information technology experts for businesses, especially venture capitalists and hospitals eager to cut costs and comply with electronic medical records requirements.

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    11. People in Business: Tony Maroulis named director of community relations at UMass Amherst

      People in Business: Tony Maroulis named director of community relations at UMass Amherst

      Tony Maroulis, executive director of the Amherst Area Chamber of Commerce and co-director of the Hampshire County Regional Tourism Council has been named director of community relations at the University of Massachusetts Amherst, effective March 3.  “Tony’s reputation as a strong leader of the Amherst Area Chamber of Commerce and his breadth and depth of knowledge of the issues in town-gown relations will be a tremendous boost to our team,” said Nancy Buffone, executive director of external relations and university events in a prepared statement. “He has great relationships with civic, political and business leaders in the region and ...

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    12. Pioneer Valley creative economy gets boost from networking, regional strategy

      Pioneer Valley creative economy gets boost from networking, regional strategy

      Creative businesses in Western Massachusetts will get help increasing their visibility, recruiting talent, finding appropriate space, borrowing capital and growing under a new partnership announced Thursday at Holyoke's Open Square complex.  The state designated the Pioneer Valley as part of Massachusetts' Creative Economy Network and formally partnered with the Western Massachusetts Economic Development Council which is in charge of the effort. The designation, by itself, doesn't come with state money. But several organizations are planning to apply for state grants.

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    13. Smith & Wesson in Springfield posts increase in quarterly earnings, sales figures

      Smith & Wesson in Springfield posts increase in quarterly earnings, sales figures

      Smith & Wesson is also feeling optimistic about the future and has raised its full year fiscal 2014 guidance. It now estimates net sales of between $615 million and $620 million and earnings per diluted share from continuing operations of between $1.39 and $1.42.  Founded in Springfield in 1852, Smith & Wesson has more than 1,600 employees, including 1,500 production workers at its sprawling firearms plant on Roosevelt Avenue. The company has a $77.5 million annual payroll.

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    14. Springfield Plaza under new ownership, due for $4 million to $5 million in renovations

      Springfield Plaza under new ownership, due for $4 million to $5 million in renovations

      The Springfield Plaza Shopping Center on Liberty Street has been sold for $35 million and the new owners plan on pumping another $4 million to $5 million into renovations. Work, set to begin as soon as the weather breaks, will include new roofs and basic building repairs, better signage, better lighting and refurbished building facades, said Charles Irving, president of the Davenport Companies, which is one of the new owners. He also promised enhanced security with a round-the-clock security staff.

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    15. Columbia Gas of Massachusetts opens new maintenance depot in Easthampton

      Columbia Gas of Massachusetts opens new maintenance depot in Easthampton

      Columbia Gas of Massachusetts has opened a new maintenance base at 7 Industrial Parkway, replacing an outmoded facility in Northampton. Depots like this one, called a MOD for Mobile Operations Deployment, are the direction gas companies across the country are taking, Columbia Gas spokeswoman Andrea M. Luppi said. The new MOD will be supported by distribution crews and service technicians and will house materials, supplies and equipment for easy accessibility. The Easthampton MOD will have about a dozen employees.

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    16. Yankee Candle announces layoffs at South Deerfield headquarters

      Yankee Candle announces layoffs at South Deerfield headquarters

      Yankee Candle Co. laid off some salaried workers at its corporate offices here Thursday as part of a restructuring.  Harlen M. Kent, Yankee Candle’s president and CEO, wouldn't reveal numbers Thursday. But he said the layoffs amount to less than 2 percent, or fewer than 30 people, of the 1,500 who work for Yankee Candle locally either in retail or manufacturing or in the corporate headquarters. The eliminated employees are in marketing, engineering and operations and product development, Kent said.  'Where possible we have redirected folks into new positions,' Kent said. Yankee Candle Co. is Franklin County ...

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    17. Baystate opens colorful, child friendly Children's Specialty Center on Wason Avenue in Springfield

      Baystate opens colorful, child friendly Children's Specialty Center on Wason Avenue in Springfield

      Baystate Health's new $20 million Children’s Specialty Center is designed not just for kid's health, but for their happiness.  'I work in a place where the colors and the lights make me smile,' said Dr. Laura Koenigs, chairwoman of the Department of Pediatrics at Baystate Health and one of 40 physicians working in the new center . 'When a child walks in here, you see their entire face light up in a smile. And the parents, too.'  The building at at 50 Wason Ave. in Springfield's North End has more than 100 staff members and totals74,000 ...

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    18. MassMutual Financial Group releases 2013 results

      MassMutual Financial Group releases 2013 results

      MassMutual Financial Group reported financial results Wednesday that reflected the largest acquisition in the Springfield-based company's history.  MassMutual has an estimated dividend payout for 2014 of $1.49 billion to eligible participating policy owners. That reflects a dividend interest rate of 7.1 percent on eligible participating life insurance policies, according to a news release.  In 2013, the dividend totaled $1.379 billion, MassMutual said.  Net gain from operations before policy owner dividends and taxes – the company’s primary earnings measure as a mutual company – was $1.8 billion compared to $2.1 billion the year before, according to ...

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    19. MAAC basketball tournament returns to MassMutual Center in Springfield for last time

      MAAC basketball tournament returns to MassMutual Center in Springfield for last time

      The city is poised to welcome 15,000 fans and about $2.3 million in economic activity March 6 through 10 when the MAAC conference brings its men's and women's basketball championships back to the MassMutual Center for the third, and final, time.  'It's a great event. My restaurant is full,' said Michael E. Hurwitz, chairman of the Greater Springfield Convention Visitors Bureau and the owner of the Uno Chicago Grill near the Naismith Memorial Basketball Hall of Fame. 'It's feet on the street and its heads in the beds.'

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    20. Fox News' Ed Henry warns not to expect much action from White House or Congress with elections looming

      Fox News' Ed Henry warns not to expect much action from White House or Congress with elections looming

      Henry offered his take on today's Washington at the Outlook 2014 Luncheon hosted by the Affiliated Chambers of Commerce of Greater Springfield. He's been with Fox News since 2011, and prior to that covered the White House beat for CNN, where one of his questions famously elicited the 'I'm the decider' quote from President George W. Bush.  Henry was joined Tuesday by state Auditor Suzanne Bump. U.S. Rep. Richard E. Neal, a frequent speaker at this event who helped book Henry as keynote, was absent due to a last-minute change in schedule.  Bump, a former state ...

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    21. Pittsfield's Nuclea Biotechnologies to expand, create 25 jobs with state tax incentive

      Pittsfield's Nuclea Biotechnologies to expand, create 25 jobs with state tax incentive

      Nuclea Biotechnologies, a developer and maker of diagnostic tests for cancer and diabetes, has received a $510,000 state tax incentive to develop more manufacturing in Pittsfield and create 25 jobs.  “We’re exited about that it really gives us a boost,” said Patrick J. Muraca, president and chief executive officer and co-founder of Nuclea.  The jobs, he said, will involve making a new technology related to his company's diagnostic tests. The jobs will begin at $50,000 or more a year. Muraca credited state Sen. Benjamin Downing, D-Springfield, for his help with the incentive.

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    22. Demolition clears site for entrance to renewed Union Station in Springfield

      Demolition clears site for entrance to renewed Union Station in Springfield

      Demolition crews are wrapping up work removing an unstable parking garage on Frank B. Murray Street, making way for the new improved Springfield Union Station taking shape across the street. The property will serve as a new entrance to the planned $83 million Union Station Intermodal Transportation and Rail Center. As part of the center, the soon-to-be-vacant lot also will be the site of a surface parking lot and four bus berths. Renovations at the historic station were delayed but are on track to be completed sometime in 2015.

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