Paragus I.T. Moves into Worcester Market with Acquisition of Comportz Technologies
Paragus I.T. announced the acquisition of Worcester-based IT firm Comportz Technologies. Like Paragus, Comportz specializes in outsourced IT services, cybersecurity, and other technology solutions for small to medium-sized businesses. For more than a decade, Paragus has been one of the fastest-growing I.T. companies in the region. With a few exceptions, it has primarily been focused…
Greenfield Cooperating Bank Issues Fiscal Report
Michael Tucker, CEO, and Anthony Worden, president and COO, of Greenfield Cooperative Bank (GCB) and its parent company, Greenfield Bancorp, MHC, announced the operating results of the bank’s latest fiscal year at the 116th annual meeting of the bank on June 15. Worden reported that FY 2021, which ended on March 31, was very successful,…
Elms College Plans Full On-campus Experience for Fall Semester
Elms College announced it will offer students a full on-campus living and learning experience for the fall 2021 semester. “The college successfully had students living and taking classes safely on campus at the height of the pandemic, and due to our ElmsSafe health protocols, we completed the 2020-21 academic year that way,” Elms College President…
BusinessTalk with with Charlie Christianson, president of East Longmeadow-based CMD Technology Group
BusinessWest editor George O’Brien talks with Charlie Christianson, president of East Longmeadow-based CMD Technology Group. The two discuss the recent spate of high-profile cyber attacks and how they have served to drive home the point that small businesses — and large businesses as well — need to do all they can to be prevent such…
Price Rite Marketplace Partners with Feed the Children on Food-security Campaign
Price Rite Marketplace teamed up with anti-hunger organization Feed the Children and event partners Pepsi and Revival Time Evangelical Center to distribute food and essentials to 400 local families on June 16. The community event is part of the supermarket retailer’s 2021 Feeding Minds & Bodies Campaign in partnership with Feed the Children, which helps…
GSB Names Shandra Richardson Senior Vice President, Senior Operations Officer
Greenfield Savings Bank (GSB) named Shandra Richardson senior vice president and senior operations officer. She will direct all aspects of the bank’s operations, including compliance, retail banking, marketing, deposit, electronic, and loan operations, as well as developing and implementing new policies and procedures for organizational systems management. Read the source article at BusinessWest
Baker-Polito Administration Announces Plan to Invest $2.8 Billion in Federal COVID-19 Funding to Support Economic Recovery, Communities Hit Hardest by Pandemic
The Baker-Polito Administration today announced a plan to immediately put to use approximately $2.815 billion of the Commonwealth’s direct federal aid to support key priorities including housing and homeownership, economic development and local downtowns, job training and workforce development, health care, and infrastructure. The Administration’s plan aims to jump-start the Commonwealth’s economic recovery by investing…
Amherst Downtown BID Executive Director Gabrielle Gould appointed to Massachusetts Economic Assistance Coordinating Council
The Amherst Business Improvement District is proud to announce the appointment of its Executive Director, Gabrielle Gould, to the Massachusetts Economic Assistance Coordinating Council. Appointed by Governor Charlie Baker, Gabrielle will be the Western Massachusetts representative on the 7-person committee. In her dual roles as leader of the Amherst BID and as unpaid Executive Director…
MachineMetrics Announces $20 Million Series B Funding Round
MachineMetrics, an industrial data startup that elevates manufacturing performance through autonomous machining, announced it has raised $20 million in Series B financing. The company will use the funding to scale its platform globally and democratize access to the machine insights that power manufacturing operations. “Manufacturing is on the brink of a digital renaissance. The intersection…
Home City Development Inc. Selected for Project in Springfield’s South End
Home City Development Inc. (HCDI) has been chosen as the developer of the former Gemini site in the South End of Springfield. Once completed, the development will include 33 for-sale residential units, to be known as Gemini Town Homes. This project will expand home ownership in the South End by more than 150%. “We are…
NAI Plotkin Sells Former Manchester Hardware Building to CHD
NAI Plotkin, an office of NAI Global, a leading commercial real-estate brokerage firm located in Western Mass., announced it has sold 55-69 Union St., a 17,900-square-foot commercial building in downtown Easthampton known for many decades as Manchester Hardware. Read the source article at BusinessWest
Baker-Polito Administration Announces $30 Million in Additional Support for Massachusetts Small Businesses
The Baker-Polito Administration announced $30 million in state funding across four grant programs administered by the Massachusetts Growth Capital Corporation (MGCC) to help small businesses recover, grow, and thrive. Among these investments, the Administration announced the award of $4 million to 45 non-profit technical assistance providers to continue working with small businesses and entrepreneurs from…