Economy

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Local entrepreneurs building clothing “Megalocation” in Fairhaven with over 1,000 sneakers in stock

Cameron Langlois and Jon Silva are betting on themselves and expanding their clothing stores to a “Mega location” in Fairhaven, Massachusetts. Cameron, who is the owner of “The 508 Sneaker store”, and co-owner of “508 PSC” gym and “508 Streetwear” made the announcement on social media. “WE’RE MOVING, GET EXCITED …

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City of New Bedford receives National Award for Financial Reporting

“An organization of municipal finance experts is giving the City high honors. The Government Finance Officers Association (GFOA), the preeminent association of government finance professionals in the U.S. and Canada, recently announced that the City of New Bedford’s Annual Comprehensive Financial Report FY22 has earned its Certificate of Achievement for …

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BayCoast Mortgage opens doors for first-time homebuyers with down payment assistance program

“SWANSEA, MA – BayCoast Mortgage (baycoastmortgage.com), a top residential lender on the South Coast of Massachusetts and Rhode Island, is excited to announce it has helped more than three dozen first-time homebuyers in the community achieve their dream of homeownership, thanks to its highly successful Down Payment Assistance (DPA) program. …

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First-of-its-kind, 10,000 sq. foot cannery, begins operations in the Port of New Bedford

“Mayor Jon Mitchell, elected officials, and Island Creek Oysters, Inc. (ICO), an aquaculture farm based in Duxbury, Massachusetts, held a ribbon-cutting ceremony on Tuesday, October 31st to announce the opening of the Island Creek Cannery, a first-of-its-kind cannery on the East Coast. The 10,000 sq. foot facility will give local …

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$5 million project will create walkable connection between downtown New Bedford, train station

Mayor Jon Mitchell recently announced that New Bedford has been awarded $5 million dollars for a project that will create a more walkable connection between downtown and the new passenger rail station. The mayor noted, “Public infrastructure investments like these lead to more private investment” while thanking Massachusetts Governor Maura …

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