Worcester and PawSox sign letter of intent to build $90M stadium

Grant Welker| Zachary Comeau |

Worcester has signed a letter of intent with the Pawtucket Red Sox, with a proposed $85 million to $90 million ballpark to attract the team to the city.

Mass. July unemployment ticks up to 3.6%

The state’s unemployment rate ticked up a bit in July and is one-tenth of a percentage lower than where it was at this time last year.

Ameresco completes DEA solar facility

Framingham renewable and efficiency energy firm Ameresco has completed a 2.5-megawatt solar energy system near the U.S.-Mexico border to help power a U.S. Drug Enforcement Agency facility.

No Image

Guilty plea in New England Compounding Center case

Grant Welker |

A pharmacy technician involved in the deadly fungal meningitis case traced to Framingham's New England Compounding Center has pleaded guilty to nine counts of mail fraud.

No Image

Pearl/Elm Garage in downtown Worcester to close for repairs

Grant Welker |

The Pearl/Elm Garage will close for repairs for more than a week starting Saturday after engineers determined the structure's safety has been compromised.

No Image

Koopman Hardware family sells land to storage business for $6.6M

Grant Welker |

The family behind Koopman Hardware & Lumber has sold part of its Grafton property and a Whitinsville site for a combined $6.6 million to a national storage facility firm.

Latest Headlines

Worcester expected to make PawSox announcement this afternoon

Worcester officials are planning an major announcement for 2 p.m. Friday at city hall, expected to relate to the Pawtucket Red Sox possibly moving to Worcester.

Marlborough plaza sells for $6.3M

A commercial plaza on Route 20 in Marlborough has sold for $6.3 million to a Texas investment company.

Maine environmental group opposes Mass. energy transmission project

State House News Service |

Mayor of Gardner, five others speaking against nurse staffing ballot question

State House News Service |
View all

Highest-paid executives in Central Mass.

Ranked by total compensation in fiscal 2017 for public companies headquartered in Central Mass.

RankExecutiveTotal compensationCEO pay ratio
1Ernie Herrman, The TJX Cos., Inc., president & CEO$16,880,1711,501:1
2Carol M. Meyrowitz, The TJX Cos. Inc., exec. chairman$13,355,2281,501:1
3Michael F. Mahoney, Boston Scientific Corp., president & CEO$13,084,452205:1

Source: SEC proxy statements

Copyright 2017 New England Business Media