Category: News

WORCESTER – The Chinese biotechnology company planning a $60 million manufacturing center in Worcester may get more than $18 million in state and local financial incentives, according to an agreement signed last week.   The proposed incent...
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WORCESTER – A Chinese biomanufacturing firm says it will invest $60 million in a new facility here that is expected to bring 150 jobs to the city.   Hong Kong-based WuXi Biologics made the announcement Sunday that it will be locating its f...
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A $200,000 state grant is helping to put a dent in the million-dollar-plus gap that remains to open the 300-seat black box theater at the Worcester PopUp at 20 Franklin St.   The Worcester Cultural Coalition on Thursday announced the grant, whic...
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WORCESTER – If you build it, will biomanufacturers come?   That was a crucial question for a 30-member task force of state and local officials that led efforts to develop the former Worcester State Hospital campus into the city’s latest dest...
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Nothing symbolizes the revival under way in Worcester quite as pointedly as the new luxury apartment building at 145 Front Street. The grand unveiling is still a couple of weeks away on the blustery day in January when I come for a tour. The building...
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The WBDC will hold their 53rd Annual Business Meeting on Thursday, May 10, 2018 at the new Biomanufacturing Park off Clocktower Drive in Worcester.     If you would like to attend, please fill out the RSVP card and send to Samantha Penzone,...
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Like ripples in a pond, the location patterns of biopharma companies continue to radiate in close proximity to places that have already made a big splash.   That means higher prices for workspace and places to live. But so far, that isn’t stop...
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WORCESTER – A plan to redevelop the former Worcester State Hospital campus into a hub of 500 new jobs in life sciences and biomanufacturing is now in the Worcester Business Development Corporation’s hands, after the state and developer signed a l...
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WORCESTER – If an existing small business in a leased space wants to purchase property with a loan and also invest in major equipment upgrades, where could that borrower turn for help beyond conventional lending means?   One unique option ...
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WORCESTER – Travis McCready, president and chief executive officer of the Massachusetts Life Sciences Center, said infrastructure and technology in the state’s “life sciences ecosystem” is, of course, a central tenet of the $1 billion pub...
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