Thursday, December 20, 2012
An $23 million expansion project that received $600,000 in state tax credits will create 30 jobs and retain 438 at the Marlborough facility.
Ken’s Foods received $600,000 in Economic Development Incentive Program investment tax credits yesterday for a $23 million expansion to its Marlborough facility. “These EDIP investments will help these small businesses expand here in the Commonwealth and is part of our overall economic development strategy that will help make our businesses and communities stronger in the long-term,” said said Housing and Economic Development Secretary Greg Bialecki. Founded in Massachusetts in 1941, Ken’s Foods is the largest privately-owned salad dressing and sauce manufacturer in the United States. The company markets its products under Ken’s Steak House Salad Dressing, Ken’s Labels, Sweet Baby Ray’s, Sticky Fingers and private labels for Paul Newman …
Tuesday, November 13, 2012
State Housing and Economic Development Secretary Gregory Bialecki says apartments and mixed use developments are crucial in attracting companies to Massachusetts.
As Marlborough continues to draw in large companies, apartment buildings and mixed use developments will be crucial in attracting both the companies and the talent that spurs them to come to Massachusetts, according to the State's Housing and Economic Development Secretary Bialecki. “There’s not enough of the kind of housing the talent wants, particularly the young talent," he said. “It starts with housing, no question." Bringing developers to the state is two fold, said Bialecki. You must tend to the traditional approach of a reasonable tax structure, proper infrastructure and reasonable permitting is in place, he said. The other step is providing the housing to ensure the state is somewhere that young, talented workers want to live. This…
Friday, October 19, 2012
Massachusetts is expected to see 100,000 manufacturing jobs over the next decade, about 10,000 per year said Economist Barry Bluestone at a MetroWest Chamber of Commerce event Thursday.
Massachusetts is expected to see 100,000 manufacturing jobs over the next decade or about 10,000 manufacturing jobs per year said Northeastern University Professor and economist Barry Bluestone at the MetroWest Chamber of Commerce Exec-Connect luncheon Thursday. Speaking before 70 MetroWest business and government leaders at the Sheraton Hotel, Bluestone said manufacturing is the sixth largest employer in the Commonwealth, and nationally is leading the recovery out of this recession. Bluestone oversaw a study on the state of the manufacturing in Massachusetts whch was conducted by the University's Dukakis Center for Urban and Regional Policy. The study showed the Massachusetts has always been at the forefront of manufacturing even when …
Monday, July 16, 2012
A real estate firm reports that the city and nearby Westborough have some of the highest vacancy rates in the region.
Monday, July 16, 2012
While efforts to attract new business to the city have paid some dividends in the form of recent announcements that TJX would move some jobs to the city, as well as smaller victories, the city's office market lags most other markets in the region. Citing a report from commercial real estate firm Jones Lang Lasalle, the Worcester Business Journal reported that Marlborough and Westborough have more than 730,000 square feet of vacant space available for lease. That helps contribute to a 14 percent vacancy rate in the I-495 corridor, the WBJ reports, much higher than markets closer to Boston. Marlborough Mayor Arthur Vigeant has made attracting more businsesses and creating jobs in the city a top priority of his administration. Gains have …
Tuesday, March 27, 2012
The Marlborough Village Association is in the process of trying to designate Main Street as a cultural district.
Many in Marlborough may not have heard of the Marlborough Downtown Village, but if they get their way that is about to change. The group is an organization of residents, business and property owners trying to attract artists and a variety of cultural enterprises to Main Street and the surrounding area, said a recent Boston Globe article. Marlborough Downtown Village has also begun the process of petitioning the state to designate the area as a cultural district, making businesses and other enterprises eligible for grants, said the article. The Marlborough Chamber of Commerce and the Marlborough Economic Development Corporation are working hand-in-hand with Mary Scott, Downtown Village's chairperson. “It’s a positive move for the city to…
Tuesday, February 14, 2012
The MBTA announced recently that if the state FY2013 does not address the MBTA's structural deficit, major cuts to routes and an increase in fares will have a major, and detrimental, effect.
Tuesday, February 14, 2012
Information provided courtesy of the MBTA According to a recent release from the MBTA, it now faces a structural fiscal crisis, the immediate symptom of which is a $161 million gap in the Fiscal 2013 budget. Despite exhaustive efforts, it said, to reduce its operating budget, the MBTA is left with only two tools to resolve the crisis: fare increases and service cuts. In response to next year’s shortfall, the MBTA has proposed two scenarios that, if implemented, will have negative repercussions for many years. Both scenarios include elimination of many bus routes, all ferries, and commuter rail service after 10 pm and on weekends. Scenario One would raise fares by 43 percent, while Scenario Two combines a somewhat smaller fare increase (35 …
Wednesday, April 13, 2011
Here is a list of things going on in and around Marlborough today.
1. According to the National Weather Service, there is 100 percent chance that we get more rain this morning, up to 1 inch worth of it. 2. "An Evening of Opera with an Broadway Musical Review" will be held at the Marlborough Public Library this evening beginning at 6:30 p.m. Call the library for details. 3. Today and tomorrow there will be an array of focus groups discussing the future of Marlborough, and the public have been asked for their input. The Marlborough Economic Development Corporation (MEDC) "will host thirteen focus groups on April 13 and 14 as part of its strategy to solicit input for its Economic Development Master Plan from Marlborough residents, business owners and workers," said a recent release. "The focus groups will…