Company Notebook Departments

Company Notebook

HUB International Acquires Assets of Leitao Insurance

EAST LONGMEADOW — HUB International Limited, a leading global insurance brokerage, announced it has acquired the assets of Leitao Insurance Inc. Terms of the acquisition were not disclosed. Located in Ludlow, Leitao is a multi-line insurance brokerage firm providing products in personal and commercial lines. The Leitao agency will join HUB New England with other local HUB offices in Ludlow (formerly Your Choice), South Hadley, Monson, and East Longmeadow.

CRRC MA Facility Wins Engineering Award

SPRINGFIELD — The CRRC MA rail-car manufacturing facility at the former Westinghouse site was honored as the state’s outstanding engineering achievement of the year by the American Council of Engineering Companies of Massachusetts. Plaza Construction, which served as the design-build contractor for the property, accepted the award at a ceremony Wednesday. The $95 million project, spanning more than 204,000 square feet — not including the 2,240-foot test track — is the largest industrial investment in Greater Springfield in generations. The Chinese-owned company will start building new cars for the MBTA Orange Line in April, and for the Red Line later this year. In 2014, CRRC received a $566 million contract from the MBTA to build 152 Orange Line cars and 252 Red Line cars at the Page Boulevard site. Two years later, the state ordered an additional 120 Red Line cars at a cost of $277 million, with production set to begin in 2022.

Hofbrauhaus Closing Doors After 83 Years in Business

WEST SPRINGFIELD — Hofbrauhaus owners Joe and Liz Stevens will close its doors for good on April 1, the couple announced on Facebook on Wednesday. “It is official — as of Easter Sunday, April 1, 2018 (and no, this isn’t an April Fool’s joke), the Hofbrauhaus will be closing its doors for good,” they wrote. “We thank everyone for their patronage and support over the years, but we are ready to move on and make some big, wonderful, exciting, and maybe a little scary changes in our lives.’” Hofbrauhaus, the German restaurant that became one of the region’s most iconic eateries, first opened its doors in 1935.

United Bank Joins Connecticut Trolley Museum as Corporate Sponsor

EAST WINDSOR, Conn. — The Connecticut Trolley Museum announced that United Bank has joined the museum as a corporate sponsor. The museum started its corporate sponsor program in 2016, and since then a number of area businesses have joined the museum to support its mission “to provide a historically accurate educational experience of the trolley era through the interpretation, preservation, restoration, and operation of an electric railway.” As its newest corporate sponsor, United Bank joins Sophia’s Restaurant, USA Hauling, Windsor Federal Savings, Collins Pipe and Supply, Simsbury Bank, Connecticut Lighting Centers, Get Listed Realty, and Allstate in support of the museum. The Connecticut Trolley Museum is located off of Route 140 in East Windsor, off exit 45 of Interstate 91. Businesses with an interest in becoming corporate sponsors may contact the museum at (860) 627-6540 or [email protected].

Ohana School of Performing Arts Supports Square One

SPRINGFIELD — The Square One family continues to expand, thanks to its latest partnership with Ohana School of Performing Arts. Ohana owner Ashley Kohl and her team are volunteering monthly to visit preschoolers at the Square One Tommie Johnson Child & Family Center in Springfield. All 150 children will receive lessons in creative movement and dance. “Studies have long pointed to the physical benefits of dance when it comes to keeping children fit and working to combat childhood obesity,” said Kristine Allard, chief development and communications officer for Square One. “More recent research also points to the benefits of dance from the standpoint of emotional, social, and cognitive development, which is a critical component of our work at Square One.” The volunteer support comes in conjunction with Ohana’s recent gift of $1,000 to support Square One’s work with children and families.

Thornes Marketplace to Renovate Front Entrance

NORTHAMPTON — Thornes Marketplace will begin a major renovation of its front entrance on Main Street the first week in April to make practical improvements as well as aesthetic ones that are historically accurate. Richard Madowitz, Thornes owner and property manager, stressed that work on the entryway — one of the last phases of a multi-year capital-improvement project — will be conducted from 9:30 p.m. to 7:30 a.m. The front entrance will remain open daily during regular business hours. After the project gets underway, Madowitz noted, visitors with questions or concerns can send feedback to [email protected]. Photographs will be available on Thornes’ Facebook page, and news and updates will appear at thornesmarketplace.com. Over the past 10 years, Thornes Marketplace has undertaken a series of major renovations to improve and enhance the eclectic shopping center. Thornes has partnered with Keiter Builders Inc. and Emily Estes of Estes Architecture and Design for the renovations to the entranceway. McGee said the practical goal of the project is to improve accessibility and make the entrance more user-friendly by replacing the 30-year-old wooden doors with wider doors equipped with modern power operators compliant with the Americans with Disabilities Act. Aesthetic improvements will include a raised, coffered ceiling; new, custom-stained oak doors; dramatic chandelier lighting; and new floor tiling. The Florence Bank ATM enclosure will also be renovated to fit the period.

Indian Motorcycle to Open Apparel Store at MGM

SPRINGFIELD — Indian Motorcycle, the Springfield-based pioneer of the American motorcycle industry, will debut the brand’s first-ever apparel store as an anchor tenant of MGM Springfield’s retail collection. The flagship location will open its doors at the MGM property later this year. The Indian Motorcycle store will offer items from the brand’s casual apparel line, the Indian Motorcycle 1901 Fashion Collection. This road-ready collection features graphic tees, sweatshirts, hoodies, and jackets inspired by Indian Motorcycle’s rich heritage. Indian Motorcycle jewelry and accessories also will be available for purchase. Mirroring the aesthetic of the store’s product lines, the space will feature an industrial-yet-modern vibe with exposed, vaulted ceilings and concrete and wood elements. Paying homage to its long-standing roots in the heart of Springfield, the location will open onto to the resort’s plaza.

AIC Joins Hispanic Assoc. of Colleges and Universities

SPRINGFIELD — American International College (AIC) joined the Hispanic Assoc. of Colleges and Universities (HACU) as an associate member. HACU was established in 1986 with a founding membership of eighteen institutions. It now represents more than 470 colleges and universities committed to Hispanic higher-education success in the U.S., Puerto Rico, Latin America, and Spain. While member institutions in the U.S. represent only 13% of all higher-education institutions nationwide, together these colleges and universities are home to two-thirds of all Hispanic college students. HACU’s commitment to Hispanic achievement in education ranges from kindergarten through graduate school and into the work force of tomorrow. Key among the organization’s goals is to improve access to and quality of post-secondary educational opportunities for Hispanic students.

Viridi International Resorts Acquires El Silencio Lodge and Spa in Costa Rica

SAN JOSE, Costa Rica — Viridi International Resorts SRL, a new upstart in the ultra-luxury boutique hotel and spa space, announced the acquisition of El Silencio Lodge and Spa from Grupo Isilita, San Jose, Costa Rica. El Silencio Lodge is a luxury eco-tourist resort located in the high-altitude cloud forest just one hour from San Jose in Bajos del Toro. El Silencio was recently voted the No. 2 Top Resort in Central America by Condé Nast Reader’s Choice Awards. El Silencio Lodge offers one of the best lodging and dining experiences in Costa Rica. The property’s 16 intimate casitas and six two-bedroom villas offers visitors a one-of-a-kind refuge from a busy world. The resort’s detached suites offer a private viewing deck of the surrounding cloud forest with traditional rocking chairs, and a private heated outdoor Jacuzzi. Viridi plans to add additional rooms and suites in the months and years ahead. The hotel’s Las Ventanas Restaurant offers traditional Costa Rican dishes in addition to an eclectic assortment of entrees and appetizers with organic farm-to-table produce and fresh fish from two on-site fish farms. Guests can actively participate in the culinary experience by fishing for rainbow trout (Costa Rican salmon), picking vegetables, collecting free-range chicken eggs, or venturing out to a community market before enjoying a fun-filled interactive cooking session with the resort’s head chef. A second on-site restaurant, Hierbabuena, is open weekends during high season and offers a more casual menu for family gatherings. Onsite activities at El Silencio include horseback riding, ziplining, waterfall repelling, fishing, yoga, and more than two miles of hiking trails, all located on 500 acres of a pristine Costa Rican cloud forest with three breathtaking waterfalls, including one nearly 200 feet tall, all flanked by two national parks to ensure a quiet and serene experience. The resort’s open space Esencia Spa offers a full array of rejuvenating treatments using indigenous Costa Rican rainforest oils and minerals. Viridi International Resorts SRL was founded by Boston-area media entrepreneur John Gormally with the goal of building a small to medium-sized luxury boutique hotel/spa group with properties throughout Central and South America, the Caribbean, and other highly sought-after destination spots across the globe. Akoya Hospitality LLC, New York, N.Y. acted as advisor to buyer. Resort Capital Partners of Charlotte, N.C. acted as advisor to the seller. The sale price was not disclosed.