1. Articles from JimKinney413

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    1. Smith & Wesson completes name change to American Outdoor Brands

      Smith & Wesson completes name change to American Outdoor Brands

      Venerable Smith & Wesson completed its transition Tuesday to a new corporate name -- American Outdoor Brands Corporation -- which is more fitting with its diversification strategy. The new name, first announced in November, brings with it a new stock ticker symbol on the Nasdaq exchange: AOBC. The holding company has new website at www.aob.com, but will maintain its smith-wesson.com site as a product site for its the firearms brand, which will remain Smith & Wesson.

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    2. Opening date set for Springfield Registry of Motor Vehicles

      Opening date set for Springfield Registry of Motor Vehicles

      The Massachusetts Registry of Motor Vehicles plans to open its new, expanded Springfield office in the Springfield Plaza shopping center, 1250 St. James Ave., on Jan. 23. The new office will be located in the same former movie theater building near the Chicopee line that houses Bounce! Trampoline Sport. At 17,000 square feet, it will be 70 percent larger than the existing office on Liberty Street, a facility long considered inadequate, outmoded and landlocked with insufficient parking.

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    3. CRRC Springfield plant might do train car maintenance for MBTA, too

      CRRC Springfield plant might do train car maintenance for MBTA, too

      Besides supplying new subway cars for the MBTA, the gargantuan CRRC MA rail car factory nearing completion in East Springfield might get work doing heavy maintenance on cars for the T, according to the state's transportation secretary. The T is digging itself out of a $7 billion differed maintenance hole and has no interest in climbing back down under a pile of breaking equipment anytime soon, Secretary Stephanie Pollack told reporters and editors at The Republican and MassLive during an hour-long meeting Wednesday.

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    4. Crrc Ma Springfield plant has deal to build subway cars for Los Angeles

      Crrc Ma Springfield plant has deal to build subway cars for Los Angeles

      CRRC MA has a deal to manufacture new subway cars for Los Angeles, and the Chinese-owned company plans to do final assembly on those cars at its Springfield plant. On Dec. 2 in Los Angeles, the board of directors of the Metro public transit system in Southern California approved a $178.4 million deal to purchase 64 new subway cars for its Red Line and Purple Line from CRRC. The deal has an option for the Metro to buy 218 more cars.

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    5. Springfield unemployment falls to 4.8%; region gains 5,900 jobs on the year

      Springfield unemployment falls to 4.8%; region gains 5,900 jobs on the year

      The Massachusetts Executive Office of Labor and Workforce Development and the federal Bureau of Labor Statistics released new data on the local labor market Tuesday. The news follows announcements earlier this month that the state unemployment rate had fallen in November to 2.9 percent, down from 3.3 percent in October and down 2 percent from November 2015.

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      Mentions: Springfield
    6. Norwegian Air Shuttle eyes Bradley flights to Europe

      Norwegian Air Shuttle eyes Bradley flights to Europe

       Norwegian Air Shuttle wants to start offering discount flights from Bradley International Airport to Europe. Kevin Dillon, executive director of the Connecticut Airport Authority, said Thursday that Bradley and the CAA are in talks with Norwegian, as well as with a number of other airlines. But he can't confirm a start date for the Norwegian service. "We are talking to a lot of carriers. We are looking to increase the route map and increase the number of seats on existing routes," Dillon said. About 6 million travelers have passed through Bradley in 2016. Dillon hopes to grow that number ...

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    7. To bodly go: Hazen Paper Co. wins award for Star Trek packaging

      To bodly go: Hazen Paper Co. wins award for Star Trek packaging

      Not quite a commendation from Starfleet command, but Hazen Paper Co. has earned praise from the Association of International Metallizers, Coaters and Laminators for its work on the packaging for for "Star Trek: The Original Series, The Complete Series Remastered." The display case for for the DVD release of the classic sci-fi TV series won the association's marketing award in the nonfood packaging category. Hazen, founded in 1925 and still family owned, is famous for its holographic papers, which display 3-D images when held up to the light. The company also makes covers for each year's Super Bowl ...

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      Mentions: Holyoke Hazen Paper
    8. Westfield Bank completes switchover of former Chicopee Savings locations

      Westfield Bank completes switchover of former Chicopee Savings locations

      Westfield Bank has reopened all the former Chicopee Savings Bank offices under the Westfield Bank name, completing the merger of the former Chicopee Savings Bank into Westfield Bank and the new holding company called Western New England Bancorp. The bank will operate under the Westfield Bank name. Both banks shut down over the weekend and turned off online bill paying and a few other functions

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    9. Friendly's to close Chicopee distribution center: 50 jobs lost

      Friendly's to close Chicopee distribution center: 50 jobs lost

      Friendly's will close its Chicopee distribution center six months after selling off its ice cream plant and retail distribution business, putting about 50 employees out of work. Restaurant operator FIC Restaurants, which operates under the brand name Friendly's, will use US Foods for restaurant distribution services beginning in February 2017, according to a statement from spokeswoman Maura Tobias. The company is working with those 50 employees to find them new jobs at Friendly's or with Dean Foods, which bought the Wilbraham ice cream factory and wholesale distribution operation in May for $155 million in cash.

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    10. Baystate Health welcomes UMass Medical School campus to Springfield with goal to train docs who'll practice in Western Massachusetts

      Baystate Health welcomes UMass Medical School campus to Springfield with goal to train docs who'll practice in Western Massachusetts

      Baystate Health has already offered admission to four prospective students for the new medical school program it's starting in cooperation with the University of Massachusetts, including students from Springfield interested in continuing their education in their hometown. One of the missions of the medical school -- called the PURCH for Population-based Urban and Rural Community Health -- will be to train physicians who will be more likely to build their careers in Western Massachusetts and fill the region's chronic need for more primary care doctors.

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    11. Salvatore's on Boston Road to become Compari's, remain family oriented

      Salvatore's on Boston Road to become Compari's, remain family oriented

      Anabela Basile was looking for a new building to house her business, USA Mortgage Network, which had outgrown its offices in Indian Orchard. What she found, with the help of her daughter Tanya Vitale-Basile, a real estate professional, was business space for her whole family. She bought the former Salvatore's Restaurant at 1333 Boston Road in Springfield and renovated part of the building as her new mortgage office. With the help of her family, she transformed the rest it into the new Compari's Ristorante. Her husband, Joe, and daughter Kayla Basile will work at the restaurant. Kayla Basile ...

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      Mentions: Springfield
    12. Government, education and business lead Greater Springfield job growth in October

      Government, education and business lead Greater Springfield job growth in October

      Unemployment in Greater Springfield was 3.4 percent in October, the result of solid job gains both over the month and since October 2015 Statistics show that Greater Springfield added 4,400 jobs in the month and 5,600 in the past 12 months. Here are those job gains broken down by sector of the economy, with the results from last year in parenthesis. All data was provided by the Massachusetts Executive Office of Labor and Workforce Development and by the federal Bureau of Labor Statistics.

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      Mentions: Springfield
    13. Springfield 'rising to new heights' on $3.3 billion in development, city official tells chamber

      Springfield 'rising to new heights' on $3.3 billion in development, city official tells chamber

      Springfield's chief development officer detailed $3.307 billion in ongoing and recent economic development projects in the city for a Springfield Regional Chamber of Commerce audience meeting Tuesday. Called "Springfield: Rising to New Heights," Kevin Kennedy's presentation was a follow-up to presentations he gave in 2014 and 2015. It drew more than 200 attendees to the CityStage theater. Mayor Domenic J. Sarno opened the presentation by talking about how Springfield was near bankruptcy a decade ago. It's not only recovered but has endured the problems endemic to urban America and the June 2011 tornado, he said.

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    14. Springfield Rising to New Heights: City, chamber plan another economic development update

      Springfield Rising to New Heights: City, chamber plan another economic development update

      The Springfield Regional Chamber of Commerce and city economic development officials will host another in a series of presentations on ongoing development, highlighting projects like the MGM Springfield casino, Union Station and the city's innovation district. The free presentation, called "Rising to New Heights," will be Tuesday at 4 p.m. at City Stage, at 1 Columbus Center downtown. Free parking will be available in the adjacent garage. Those interested in attending should register in advance at www.springfieldregionalchamber.com.

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    15. MGM Springfield Community Partners Network aims to put women, minorities, veterans to work building casino — and beyond

      MGM Springfield Community Partners Network aims to put women, minorities, veterans to work building casino — and beyond

      Brian Arnold of Springfield is one of about 200 construction workers on the job at MGM Springfield. He spends his days building and setting forms for concrete pours as contractors start hanging the flesh of a casino and hotel complex on the skeleton of steel taking shape at the 14.5-acre site. By the middle of summer 2017, about six months from now, that crew of 200 will swell to more than 700 construction workers. They'll be putting up drywall, installing ceilings, hanging doors, running wire, installing plumbing and more as work on the $950 million casino project hits ...

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    16. MassDevelopment bonds $10M for Five Colleges library annex in Hatfield

      MassDevelopment bonds $10M for Five Colleges library annex in Hatfield

      MassDevelopment has issued $10.08 million in tax-exempt bonds to finance the new $12 million Five Colleges Inc. library annex now under construction. The facility, set to open in 2017, is on about 12 acres on North Maple Street. Citizens Funding Corp. purchased the bond, MassDevelopment said Thursday. Five Colleges Inc. will use the bond proceeds to build, furnish and equip the 34,664-square-foot library annex. The facility will house as many as 2.5 million printed materials for which there is no longer space at Five College member schools, according to a news release. The Five Colleges are: Amherst ...

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    17. Massachusetts up 61K jobs on the year, unemployment lowest in 15 years

      Massachusetts up 61K jobs on the year, unemployment lowest in 15 years

      Job gains occurred in the Professional, Scientific and Business Services, Manufacturing, and Other Services sectors, according to the state. Local jobless rates for October won't be available for a few weeks. But in September, the unemployment rate in the city of Springfield fell to 6.3 percent, the lowest level in nearly a decade, according to the state Executive Office of Labor and Workforce Development. Springfield's unemployment rate was last this low in December of 2007, nearly nine years ago and prior to the Great Recession. Nationally, the unemployment rate was 4.9 percent in October. Unemployment rates ...

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      Mentions: Springfield
    18. Health care waiver means $28.05M for Baystate, stability for local hospitals

      Health care waiver means $28.05M for Baystate, stability for local hospitals

      A Medicaid waiver announced last week means increased funding to local hospitals, including $28.05 million over five years in long-sought "safety net" money for Baystate Medical Center. That's money the hospital administration felt was wrongly withheld in the past. The waiver, a $52.4 billion deal between the hospitals, the state and the federal government, has three distinct funding streams: the Health Safety Net, funding for new accountable care organizations meant to improve health and save money, and improved Medicaid reimbursement rates, according to hospital executives in the Pioneer Valley.

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    19. Massachusetts rail plan, passenger trains in Pioneer Valley, open to public comment

      Massachusetts rail plan, passenger trains in Pioneer Valley, open to public comment

      With the planned reopening of Springfield Union Station now just weeks away, officials want the public to learn about and comment on a new statewide rail plan. A plan update and public comment meeting is set for 7 p.m. Wednesday on the second floor of the Pioneer Valley Planning Commission, 60 Congress St., Springfield. The state's goal is to have the rail plan, which addresses both passenger and freight service, completed sometime in the first three months of 2017, said  Timothy Brennan, executive director of the Pioneer Valley Planning Commission and a rail advocate.

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    20. Upscale Mocha Emporium coffee shop opens today in Downtown Springfield (photos)

      Upscale Mocha Emporium coffee shop opens today in Downtown Springfield (photos)

      This will be the first Mocha Emporium to open in a downtown location. Wahhas said Springfield is developing with Union Station, the casino and the Silverbrick Lofts complex. Moch Emporium will be the first new business to locate in the Silverbrick lofts complex since Silverbrick took over the former Morgan Square apartments. There are some businesses who held over from the old ownership. He also plans to offer snacks like biscotti, cake, cheesecake, chocolates, chocolate-covered espresso beans, small breakfast entrees and sandwiches. The sandwiches are not offered at the other Mocha Emporium locations, but Wahhas said he wants to appeal ...

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    21. Is Greater Springfield nearing full employment? Farmington Bank scorecard says yes

      Is Greater Springfield nearing full employment? Farmington Bank scorecard says yes

      With some good economic news recently, Western Massachusetts may be nearing a state of full employment, where the jobless rate sits around 3 percent or so.As a region, Greater Springfield had an unemployment rate of 4.2 percent, down from 5.7 percent a year ago in the September of 2015, according to state data. The statewide unemployment rate is lower at 3.3 percent, much closer to the 3 to 4 percent unemployment most economists think of as full employment. Seven of eight indicators Klepper-Smith uses to gauge the area economy are positive this quarter. Unemployment is down ...

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    22. Baystate Medical Center begins work on $27M power plant in Springfield's North End

      Baystate Medical Center begins work on $27M power plant in Springfield's North End

      Baystate Medical Center will be able to operate for 30-days off the electrical grid once its new, $27-million combined heat and power plant is completed by December 2017. "We will be able to operate as an island," said Sean Gouvin, director of facilities planning and engineering for Baystate Health. Baystate's existing power plant dates back to the 1930s.

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    23. MassMutual lays off 150 around country as a result of MetLife deal

      MassMutual lays off 150 around country as a result of MetLife deal

      MassMutual Financial Group laid off 150 employees Tuesday as a result of its $165 million takeover earlier this year of MetLife's life insurance sales operation. The layoffs were spread out over 10 offices, including the insurance giant's headquarters on State Street in Springfield. "We have been working to integrate the organizations," said MassMutual spokesman James Lacey. "When you do so, you have overlaps and redundancies. These were difficult decisions that were not made lightly and we are committed to providing support and respecting the privacy of those affected by the decisions."

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