Category: Business

about businesses in Framingham, Massachusetts

  • Framingham based Ameresco, Inc. Certified as Great Place to Work

    Framingham based Ameresco, Inc. Certified as Great Place to Work

    FRAMINGHAM, MA — On Wednesday, September 14, 2022, Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy and headquartered in Framingham, MA announced that it has earned certification as a 2022-2023 Great Place to Work®.

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  • Santander Bank Opens New Branch In Framingham

    Santander Bank Opens New Branch In Framingham

    photo - 9/6/2022, Santander Grand Opening Framingham, MA
    Framingham Mayor Charlie Sisitsky (far right) attends Grand Opening of new Santander Bank branch at 490 Cochiituate Road, Framingham, MA

    FRAMINGHAM, MA — Santander Bank held a Grand Opening for its new Framingham branch located at 490 Cochituate Road in Framingham.

    For over a decade the property located at the corner of Whittier Street and Cochituate Road (Rt. 30, westbound just before Target) was a fenced-off eyesore after the former bank building fell into disrepair and was eventually razed.

    In a ground-up redesign, a new, modern looking Santander Bank branch is officially open. The new branch has a drive-up ATM and 24-hour ATM vestibule. Inside, during business hours there is a teller bar, a help bar and offices where clients can meet privately with bankers to discuss their financial needs. The branch also offers free Wi-Fi for clients.

    Framingham Mayor Charlie Sisitsky attended the bank’s Grand Opening where Santander recognized the South Middlesex Opportunity Council (SMOC) for it’s aims to improve equity, wellness and quality of life for diverse individuals and families in the Framingham area. Notably, Santander Bank has provided $20,000 in grants to SMOC (in 2021 and 2022) to support the organization’s small business loan and technical assistance programs to help entrepreneurs in low- and moderate-income neighborhoods start, stabilize and grow their businesses.

    Santander Bank, N. A., (formerly Sovereign Bank), is a wholly owned subsidiary of the Spanish Santander Group. It is based in Boston, MA USA and its principal market is the northeastern United States.

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    Source: Santander press release

    photo - 9/6/2022, Santander Grand Opening Framingham, MA

  • 30-Year Fixed Mortgage Rate Hits 5.25%

    30-Year Fixed Mortgage Rate Hits 5.25%

    (PHOTO) Home at 11 Campello Rd., Framingham, MA
    Homes such as this Framingham, MA single family ranch have more than doubled in value in 10 years.

    FRAMINGHAM, MA — The cost of everything from home heating fuel, to gasoline, food and other commodity items have been on the rise. Several economic indicators have hit records in the past year or two — and for those who have been on the fence in regards to buying a home in the past year, the bad news in that the 30-Year Fixed Rate mortgage increased more than 46% in the past year.

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  • Trulieve Opens Cannabis Dispensary in Framingham next to Shopper’s World

    Trulieve Opens Cannabis Dispensary in Framingham next to Shopper’s World

    Trulieve Opens Cannabis Dispensary in Framingham next to Shopper’s World

    FRAMINGHAM, MA — Trulieve Cannabis Corp. opens retail, recreational, adult-use cannabis dispensary at 85 Worcester Rd., (Route 9, just west of Shopper’s World).

    This is Trulieve’s third and largest retail location in Massachusetts. The other two MA dispensaries are located in Northampton and Worcester.

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  • Lightpath Announces Major Expansion of its Boston Metro Network

    Lightpath Announces Major Expansion of its Boston Metro Network

    FRAMINGHAM, MA — Lightpath, an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, today announced a 75-mile expansion of its all-fiber network west of its Boston metro footprint.

    MAP: Framingham / LightPath Fibre Expansion Boston Metro West
    Framingham in LightPath network expansion into Boston’s Metrowest region.

    Latest Expansion Adds 75 New Route Miles of All-Fiber Network Through Needham, Framingham, Westborough, and Marlborough

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  • Framingham Average Gas Prices Top $4.00 Per Gallon

    Framingham Average Gas Prices Top $4.00 Per Gallon

    US gasoline prices top $4.00/gallon in early march 2022.
    Framingham, MA USA average regular gasoline price tops $4.00 in early March 2022.

    FRAMINGHAM, MA – As domestic inflation and global tensions continue to drive up energy prices, Framingham, MA gas stations reported an average price of $4.15 per gallon for regular grade gasoline.

    Framingham prices were in line with Massachusetts state averages of $4.16/gallon, and slightly higher than AAA’s national average of $4.06.

    The lowest (cash) price for regular gas in Framingham was $3.84/gallon at Auto Bright located in the downtown area on Hollis Street.

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  • Framingham Based Ameresco Brings Solar Power and Jobs to Massachusetts

    Framingham Based Ameresco Brings Solar Power and Jobs to Massachusetts

    FRAMINGHAM, MA — Ameresco, Inc. (NYSE:AMRC), a leading comprehensive energy efficiency and renewable energy company, announced today that the company has worked with the Massachusetts State Department of Energy Resources (DOER) to sign agreements to design, construct, finance, own, and operate solar power systems on five state facilities.

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  • Framingham Based Ameresco Helps Improve California Electric Grid Reliability

    Framingham Based Ameresco Helps Improve California Electric Grid Reliability

    Headquartered in Framingham, MA, Ameresco, Inc. is a leading cleantech integrator, renewable energy asset developer, owner and operator.

    FRAMINGHAM, MA — Ameresco, Inc., (NYSE: AMRC), a Framingham, MA based renewable energy company has entered into a contract with Southern California Edison (SCE) to engineer, procure, construct and maintain three grid scale Battery Energy Storage Systems (BESSs) at existing substation parcels throughout SCE’s service territory in California.

    The substation energy storage systems will be built to address the emergency reliability risks identified in a California government emergency proclamation aimed at utilizing clean energy resources to address electric power shortages due to extended drought, wildfire, and heatwaves.

    The systems are slated to be in operation by August of 2022 to provide California residents with electricity in time for next summer’s reliability challenges.

    The systems will be located at three distinct distribution-level substation parcels in SCE’s service area to provide for electricity demands in the San Joaquin Valley, Rancho Cucamonga and nearby communities and the Long Beach area.

    The systems equate to 537.5 MegaWatts with a four-hour duration, for a total of 2,150 MegaWatt Hours.

    “SCE sees a growing role for battery storage as we transition to delivering 100% clean renewable energy to customers,” said Kevin Payne, President and CEO of SCE. “The battery storage systems we have contracted for with Ameresco will make the grid more resilient to the effects of extreme weather and will help us continue our progress toward the clean energy future, which is essential to combating climate change.”

    The three substation systems are a novel approach for incorporating advanced energy storage at the distribution level to solve overall system capacity and reliability needs. They will be operated in a manner which maximizes reliability of the grid by charging during periods of excess generation and discharging during periods of need. The project will utilize a turnkey Engineering, Procurement, Construction and Maintenance (EPCM) contracting mechanism.

    “Innovative cleantech projects of this magnitude have the ability to provide transformative solutions to regions in need of reliable and resilient energy,” said George Sakellaris, CEO, Ameresco. “At Ameresco, we are so pleased to be a part of a project that takes such a meaningful step in providing cleantech solutions to combat the disruptive effects of extreme weather events across the nation.”

    “In recent years, California’s extensive wildfires have highlighted the necessity and importance of improved energy infrastructure. It has become clear that the time for action is now,” said Britta MacIntosh, Senior Vice President, Ameresco Western Region. “This project is proof that when we work together, we can solve for real and reliable solutions to address the needs of the State of California.”

    Once completed, this project will directly contribute to the State of California’s clean energy and carbon neutrality goals and help Edison International, SCE’s parent company, meet its 2045 net-zero greenhouse gas emissions commitment.

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    Source: Ameresco Inc., press release.

  • Framingham Moves Up in Best Places to Live in America Rankings

    Framingham Moves Up in Best Places to Live in America Rankings

    FRAMINGHAM, MA —  Livability Media, which provides information about and ranks cities, towns, regions and states on how “livable” they are, has ranked Framingham at #22 in their 8th annual 2021 Top 100 Best Place to Live in America.

    Framingham has moved up two notches this year, (it was ranked #24 in Livability’s 2020 list), but still lags behind Quincy, MA which ranked in the Top 10 at #6 from over 2,300 U.S. cities surveyed.

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  • Corporate Parent of Former Dennison Mfg. Co. Announces New Mexican Acquisition

    Corporate Parent of Former Dennison Mfg. Co. Announces New Mexican Acquisition

    Dennison Mfg. Gummed Label box
    Box of Dennison Manufacturing Company Gummed Labels made in Framingham, MA (USA).

    FRAMINGHAM, MA — CCL Industries Inc., (OTC:CCDBF), a world leader in label and packaging solutions with corporate offices in Toronto Canada and Framingham, MA USA announced it has signed a binding agreement to acquire Desarrollo e Investigación S.A. de C.V. and Fuzetouch PTE LTD (collectively called “D&F”). a company is headquartered in San Luis Potosi, Mexico.

    CCL previously acquired parts of Avery Dennison’s businesses in 2013. The Avery Dennison brand was formed as a 1990 merger of Avery, (who’s founder Ray Stanton “Stan” Avery invented the world’s first self-adhesive label), and Framingham based Dennison Manufacturing Company which, for much of the twentieth century was one of the town’s largest employers.

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