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State recovery in jeopardy as stimulus funds dry up - The Boston Globe
Explore Boston.com (Aug 22 2011) Transportation
“The stimulus has been profoundly important for our economy,’’ said Gregory Bialecki, Patrick’s secretary of housing and economic development. “And that’s not just because we were able to keep a lot of people working. It’s also because we were able to set the table for a lot of substantial projects.’’ (Read Full Article)
Comment Mentions: Governor Deval L. Patrick Gregory P. Bialecki
Review of power rates could stall merger of utilities - The Boston Globe
Explore Boston.com (Jul 18 2011) Energy
The Patrick administration is seeking to delay approval of the merger between Boston’s NStar and Connecticut-based Northeast Utilities until at least next year - a move that, if successful, could unravel the deal to create one of the nation’s largest utility companies. (Read Full Article)
Comment Mentions: Northeast Utilities
Mass. officials unveil life sciences partnerships
Explore Boston.com (Jun 30 2011) Life Sciences
Under the agreement, three participating state agencies -- the Massachusetts Life Sciences Center, the Massachusetts Technology Collaborative, and the Massachusetts Clean Energy Center -- will be committing nearly $1 million to projects with an Israeli partner that has yet to be chosen. Israel will provide up to $1 million in matching funds for the projects. Massachusetts is the first US state to enter into such an agreement with Israel, which has large life sciences and technology sectors. (Read Full Article)
Comment Mentions: Governor Deval L. Patrick University of Massachusetts Massachusetts Life Sciences Center
Embattled UMass chancellor demands inquiry into leak - The Boston Globe
Explore Boston.com (Jun 13 2011) Education
In a highly unusual three-page letter to the University of Massachusetts president, Robert Holub uses strong language to denounce the evaluation committee’s failure to keep its work confidential, according to two people who have seen the letter. In the letter, he argues that he has become a victim of a poisonous political atmosphere that plagues the university system. (Read Full Article)
Comment Mentions: Governor Deval L. Patrick University of Massachusetts Jack Wilson
Japan Airlines sets Hub-Tokyo service - The Boston Globe
Explore Boston.com (May 27 2011) Transportation
“Our counterparts in Tokyo understand the value of a direct flight that will connect them to our growing health care, biotechnology, telecommunications, and advance technologies industries, and to our prestigious colleges and research universities,’’ Governor Deval Patrick said yesterday in a statement. “This is an invaluable economic partnership for the Commonwealth, and we look forward to the increased tourism, commerce, and economic development with Japan that it will bring.’’ (Read Full Article)
Comment Mentions: Governor Deval L. Patrick Massport Boeing
State buys pristine Berkshires site for $3m
Explore Boston.com (May 5 2011)
“It’s a unique piece of property and a very important purchase for us,’’ said Richard K. Sullivan Jr., Patrick’s secretary of energy and environmental affairs. “The area is rich with forests and wildlife habitat, and keeping the space unfragmented allows that wildlife to migrate.’’
(Read Full Article)
Comment Mentions: Governor Deval L. Patrick Westfield
New MassDevelopment head named
Explore Boston.com (Apr 15 2011)
The Patrick administration has tapped Marty Jones, a longtime local commercial real estate executive, to run one of the state’s leading economic development agencies. Jones is currently president of Corcoran Jennison Cos. in Boston. Her selection as chief executive of Massachusetts Development Finance Agency is one of the major moves by the governor to exert more control over the state’s far-flung quasipublic agencies. (Read Full Article)
Comment Mentions: MassDevelopment Robert L. Culver Massachusetts Development Finance Agency
Mass. joins bidders seeking $2.4b in aid for high-speed rail
Explore Boston.com (Apr 7 2011) Transportation
Massachusetts and 23 other states, the District of Columbia, and Amtrak are vying for $2.4 billion in federal aid that became available when Florida’s governor canceled a higher-speed rail project in his state, Transportation Secretary Ray LaHood said yesterday. (Read Full Article)
Comment Mentions: Amtrak Springfield Dannel Malloy
Conn. seeks $227M from feds for high-speed rail
Explore Boston.com (Apr 5 2011) Transportation
Gov. Dannel P. Malloy says his administration is seeking $227 million in federal funding to complete the third phase of a high-speed rail project linking New Haven, Hartford and Springfield, Mass. (Read Full Article)
Comment Mentions: Springfield Dannel Malloy
2011 ushers in some lower Mass. tax rates
Explore Boston.com (Jan 5 2011)
The new year has ushered in some tax breaks for Massachusetts businesses. The corporate rate is falling to 8.25 percent from 8.75 percent beginning Jan. 1, while the financial institution excise rate will drop to 9.5 percent from 10 percent. (Read Full Article)
Shining a light on opportunities in cities across the state
Explore Boston.com (Jan 1 2011) Green Region , Information Technology
First, the city of Holyoke has a new asset and potential catalyst for economic development in the Green High-Performance Computing Center. (Read Full Article)
Comment Mentions: University of Massachusetts Amtrak Holyoke
Putting money where jobs are
Explore Boston.com (Dec 29 2010)
In 2010 Massachusetts awarded state tax credits to just 25 companies under its flagship Economic Development Incentive Program — down from 65 the year before. The incentives were originally intended to provide companies a combination of a state investment tax credit and local property tax break in exchange for building new or additional facilities in beleaguered parts of the state
(Read Full Article)
Comment Mentions: University of Massachusetts Liberty Mutual Springfield
Mobility means more vigor for state’s gateway cities - The Boston Globe
Explore Boston.com (Dec 4 2010) Transportation
Springfield’s Union Station has been boarded up for 38 years, but a planned refurbishing of the building as a commuter rail, Amtrak, and regional bus center could dramatically increase the possibilities for that city. The $70 million project — which is still at least $20 million short in financing — would turn the city into a hub for high-speed rail service between Vermont and New York. With 28 trips through that “knowledge corridor’’ every day, under a $121 million expansion funded through President Obama’s rail initiative, Springfield would suddenly become a lower-cost alternative for office work that might otherwise be ... (Read Full Article)
Comment Mentions: Governor Deval L. Patrick Amtrak Springfield
Lawmakers advancing $75m development plan
Explore Boston.com (Nov 24 2010) Information Technology
The Patrick administration is preparing to advance a $75 million economic development plan designed to invest in small start-up businesses, build a high-tech computer center, and spur economic growth in struggling regions. (Read Full Article)
Comment Mentions: Governor Deval L. Patrick Chicopee Holyoke
Northeast Utilities buying NStar for about $4b
Explore Boston.com (Oct 18 2010) Energy
Northeast Utilities has agreed to buy New England energy company NStar for about $4 billion in stock. On completion, the deal will create one of the nation’s largest utilities, the two said in a press release. (Read Full Article)
Comment Mentions: Northeast Utilities Western Mass Electric Co.
Canadian officials want to be aboard if high-speed rail takes off in Northeast
Explore Boston.com (Oct 9 2010) Transportation
Amtrak’s long-term vision dovetails with President Obama’s interest in high-speed rail as a 21st-century answer to the Eisenhower-era interstate system. Obama touched on the subject in his last State of the Union address and released $8 billion in federal stimulus dollars for rail that same month. Part of those stimulus funds provided a down payment on true high-speed rail lines and part funded not-quite-as-fast-but-shovel-ready connections between cities, including a rerouting of Amtrak’s Vermonter line (New York City to St. Albans, Vt.) over a faster, more direct route through Western Massachusetts. (Read Full Article)
Mass. buoyed in recession, data indicate
Explore Boston.com (Sep 28 2010)
Massachusetts appeared to weather the recession better than other states last year, according to census figures released yesterday, with stable poverty rates and stagnant annual income. But analysts disagree about whether the figures reflect a strong economy or instead mask more serious troubles statewide. (Read Full Article)
Comment Mentions: Springfield
Health care, job engine for state, is pulling back
Explore Boston.com (Aug 28 2010) Health Care
Over the long term, analysts say, the demand for health services and workers is almost certain to grow as aging baby boomers leave the workforce and need more care. For example, Baystate Health of Springfield, which employs more than 10,000 across its Western Massachusetts system, estimates it will need to hire about 15,000 people over the next 10 years to replace retiring workers and meet increased demand, said Jean Jackson, Baystate’s vice president of workforce planning. (Read Full Article)
Comment Mentions: Springfield
UMass-Amherst raises school's Boston profile
Explore Boston.com (Jul 11 2010) Education , Life Sciences
The University of Massachusetts flagship Amherst campus has hired a veteran state Senate staffer to help raise the school's profile in Boston. University of Massachusetts Amherst - University of Massachusetts - Boston - Massachusetts - Education (Read Full Article)
Comment Mentions: University of Massachusetts Amherst
AG unveils additional funding for youth jobs program
Explore Boston.com (May 6 2010) Education , Health Care
The 16 programs include the St. Peter Teen Center, the Hyde Square Task Force in Jamaica Plain, the Boys and Girls Club of Holyoke, Worcester Public Schools, the Haverhill Community Violence Prevention Center, and Caring Health Center in Springfield.
(Read Full Article)
Comment Mentions: Springfield Holyoke
Power plant gets $100m break
Explore Boston.com (Apr 2 2010) Energy
Even with the large tax incentive, Westfield said it will still come out ahead. The city will net nearly $2.5 million in additional revenue, a substantial amount for a community its size. The site location is currently empty and generates little tax revenue. (Read Full Article)
Comment Mentions: Liberty Mutual Palmer Westfield
CL&P wins Conn. approval for transmission upgrade
Explore Boston.com (Mar 22 2010) Energy
The utility, a subsidiary of Northeast Utilities Inc., says the project will establish another path for delivering power to the Springfield area and Connecticut from other New England states and help meet peak customer demand more reliably in the summer. (Read Full Article)
Comment Mentions: Northeast Utilities Springfield
Northampton gives tax break to Coca Cola
Explore Boston.com (Mar 7 2010) Transportation
Teri Anderson, Northampton's economic development director, said Coca-Cola is looking at two other lower-cost sites outside Massachusetts. If Coca-Cola chooses Northampton for its new product line of chilled juices, it would add a 13,000-square-foot building to its plant. The expansion calls for an investment of $25 million to $33 million for construction and new machinery and equipment, Anderson said. (Read Full Article)
Comment Mentions: Northampton Teri Anderson
14 CEOs unite to make business heard
Explore Boston.com (Feb 27 2010) Education , Financial Services
The executives, 14 in all, have formed the Massachusetts Competitive Partnership. They include Raytheon Co. CEO William Swanson, Liberty Mutual’s Edmund Kelly, and Staples Inc. boss Ronald L. Sargent. The group has hired Dan O’Connell, the former state secretary of housing and economic development under Governor Deval Patrick, as its president. (Read Full Article)
Comment Mentions: Governor Deval L. Patrick Bank of America Robert DeLeo







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