 | Wed. Dec. 28, 2011 Massachusetts Convention Center Authority: 2012 best year since 2007
In another sign that Boston is shaking off the economic downturn, the Massachusetts Convention Center Authority reported today that 2012 will be its best year since 2007, with booked conventions expected to generate more than 600,000 hotel room stays for the first time in five years. The banner convention year shows that not only are meeting planners holding more events as the economy improves, but also that the seven-year-old Boston Convention & Exhibition Center is coming into its own. Boston 2012 convention bookings rise
Events held at the Boston Convention & Exhibition Center and John B. Hynes Veterans Memorial Convention Center next year are expected to generate $625 million in economic impact and 601,000 hotel room nights, a 34 percent increase over the 446,596 room nights generated by events in 2011, according to the Massachusetts Convention Center Authority. Bay State foreclosure deeds jump in November
The number of completed foreclosures in Massachusetts jumped more than 70 percent in November, indicating that lenders have improved their ability to process foreclosure paperwork after a slowdown over the past 12 months, according to The Warren Group, publisher of Banker & Tradesman. A total of 714 foreclosure deeds were recorded in November, a near 71 percent increase from 418 deeds in the same month last year. Daniel Johnson to lead $69 million American Seafood Exchange Project
Daniel Johnson will serve as project director for the American Seafood Exchange, a $69 million project planned for Boston’s Seaport District, the company announced today. Johnson, who has overseen numerous large-scale industrial projects, will guide the seafood processing and distribution center from its current stage – planning and permitting – through its opening. He will lead the project team through all aspects of the development process, including market analysis, design and construction, and final tenant lease agreements. American DG Energy to supply energy to New Jersey high-rise
American DG Energy Inc., an on-site utility offering clean electricity, heat, hot water and cooling solutions to hospitality, healthcare, housing and athletic facilities, has reached an agreement to supply clean energy to Governor Paterson Towers, a 225 unit, 30 story, residential high-rise, located in Paterson, New Jersey. Alnylam announces publication of pre-clinical results for the treatment of Huntington’s disease
Alnylam Pharmaceuticals, Inc., an RNAi therapeutics company in Cambridge, announced today the publication of promising pre-clinical results related to its ALN-HTT program, an RNAi therapeutic drug-device combination for the treatment of Huntington’s disease. The authors of the paper include researchers from Alnylam, Medtronic, and the University of Kentucky where the work was conducted. Progress Software names Henry Hicks Supply Chain Industry Vice President
Progress Software Corporation, a software company in Bedford, said it has named Henry Hicks as Industry Vice President, Supply Chain. Recently, Hicks was the Vice President of Worldwide Services Sales and Marketing for Lenovo Computers and was responsible for long-term growth strategies and overall sales performance of the division. Maine fishermen expect record prices for scallops
Maine scallop fishermen expect to get record prices for their catch this season with strong global demand and a diminished supply from Japan and other competing, scallop-producing nations. Sea scallops, which are similar to but bigger than bay scallops, have been harvested along the Maine coast since the late 1800s, and at times, it has been the state’s second most-valuable seafood, behind lobsters. New York Times agrees to sell regional news group
The New York Times Co. will sell its 16 regional newspapers and related businesses to Halifax Media Holdings LLC for $143 million in cash, the company announced today. Entergy shuts down Pilgrim nuclear reactor to repair valve leak
Entergy Corp. shut down the Pilgrim nuclear plant in Plymouth, Massachusetts to repair a leak associated with one of the four safety relief valves, a company spokesman said in an e-mail. The reactor was shut safely and the “minor leak” was captured inside the plant as designed, said Rob Williams, the spokesman. Home prices fall
Home prices in 19 of the top 20 cities in the nation, including Boston, fell in October compared to the month before, dragging down the Case-Shiller Home Price Index by 1.2 percent. In October 2011, Boston home prices were down -1.1 percent over September. The year-over-year change was the same: -1.1 percent. The previous month’s drop was not as great: just -0.8 percent. |
