Economy

Join one of the largest employers in the South Shore – and growing! Tech-Etch, Inc., is hosting a job fair! If you are a mechanically inclined individual looking to join a rapidly growing manufacturing company in the precision parts industry, please visit us between 4-6 p.m. on Wednesday, October 23, …

According to the New Bedford Economic Development Council, a $15 million project proposed at the corner of Union and North Second Street by the New Bedford Development Corporation received all the necessary permits. It would create 42 new residential units, a café, and a co-working space. The current location which …

The former Sunbeam Bread complex on Coffin Avenue and North Front Street in New Bedford sold at auction to People Development for $178,200 on Wednesday. The two properties have a 2019 assessed value of $989,900. People Development has no plans for the building yet, but appears to be buying up …

The MBTA’s Fiscal and Management Control Board awarded a $278.5 million contract to Hyundai-Rotem for the procurement of eighty (80) new Commuter Rail Bi-Level Coaches, which will increase capacity by over 14,000 seats daily. A $41 million contract for engineering and program management services for the project was also awarded …

Beacon Compassion, already approved to sell medical marijuana in New Bedford, is hoping to move into the retail marijuana space. Beacon Compassion is now one of four company’s past the early stages of getting the green light to sell recreational marijuana in New Bedford. New Bedford Mayor Jon Mithcell submitted …

Quinn Fisheries purchased six of Carlos Rafael’s scallop vessels for approximately $40 million and took ownership of the vessels yesterday. Quinn Fisheries, owned by Charlie Quinn and Mike Quinn, acquired the following vessels: Acores, Athena, Apollo, Gypsy Girl, Hera II and Villa Nova Do II. “With the Quinn family’s acquisition …

MassDevelopment today announced new arts-based programming it will create through the agency’s Transformative Development Initiative (TDI), made possible by a $500,000 grant from the Barr Foundation. TDI is a program for Gateway Cities designed to accelerate economic growth within focused districts. MassDevelopment will use grant funds to provide two new …

The Bar in New Bedford’s south/west end is for sale. It was formerly called the Black Watch Pub. Described by their owners as a bar/nightclub/restaurant, the listing agent is asking $619,000. “Endless Possibilities!!! Here is the chance you have been waiting for to own and operate your own Bar/Night club/Restaurant. …

The Orpheum Theater, an icon during New Bedford’s booming textile years, is for sale again. The building is located at 1005 Water Street and the listing agent is asking $579,900 for the property. According to the New Bedford Assessor’s office, the building was sold to Walter Moniz of New Bedford …

According to JJ Manning Auctioneers, the Sunbeam Bread properties at 229-241 & 252 Coffin Ave. in New Bedford will be up for auction on September 25th at 11 am. The auction will be an absolute auction where the building will be sold to the highest bidder regardless of price. According …