Company Notebook Departments

Company Notebook

PeoplesBank Earns Accolades

HOLYOKE — Eighty-five Massachusetts companies were honored at the Boston Business Journal’s 11th annual Corporate Citizenship Summit on Sept. 8 at the EpiCenter at Artists for Humanity in Boston. For the ninth time, PeoplesBank was among the companies included, this year finishing 48th on the statewide list and third for companies headquartered in Western Mass. Meanwhile, AdvisoryHQ has named PeoplesBank to its list of “The Top Ten Banks in Massachusetts” after an extensive review. “The contributions these companies make to Massachusetts are incredibly impressive and go a long way toward helping strengthen the communities we live in,” said Boston Business Journal Market President and Publisher Carolyn Jones at the Sept. 8 event. Matthew Bannister, vice president, Corporate Responsibility at PeoplesBank, accepted the award at the summit on behalf of the bank’s associates. “Our mutual charter supports everything we do and why we are succeeding as a community bank,” he said. “Because of our mutual charter and related values, we have a unique ability to help the communities we serve through volunteer efforts and millions of dollars in donations to charitable and civic causes.” The Boston Business Journal’s “Top Corporate Charitable Contributors” list is composed of companies that gave at least $100,000 to Massachusetts-based charities in 2015. According to Advisory HQ, “the names on this list of banks in Massachusetts are all very distinctive from one another, yet all have many advantages, benefits, and value-creating products and services that make them excellent choices for consumers seeking the very best in financial services.” The bank’s corporate values were highlighted by AdvisoryHQ in its announcement of the list, which noted, “the corporate philosophy of PeoplesBank is a commitment to customers, maintaining corporate responsibility, creating a great place to work, and always striving to improve their environment.” Added Thomas Senecal, president and CEO of PeoplesBank, “AdvisoryHQ has accurately identified the values we are proud of. As a mutual bank, we strive to serve our customers and the community as well as support the environment and our associates’ growth and development. These are also the qualities that we believe separate us from other financial institutions and truly make us a top bank.” PeoplesBank was recently highlighted by the Assoc. for Customer Loyalty for the bank’s commitment to customers, was named a Top Place to Work by the Boston Globe, and an Employer of Choice by the Massachusetts Chamber of Commerce, and has received environmental-sustainability awards from the city of Springfield (the first-ever GreenSeal Award), BankNews (Green Leaf Award), and the American Bankers Assoc. (Sustainable Banking Award). AdvisoryHQ also suggested that the bank’s mobile app was one of the reasons it made the list of Top Ten Banks in Massachusetts. PeoplesBank was one of the first community banks in the nation to launch a mobile app and mobile deposit.

Baystate Hospitals Merge Under One License

The Mass. Public Health Council approved Baystate Wing Hospital’s application to merge Baystate Mary Lane Hospital with Baystate Wing Hospital and combine the two facilities and their respective satellite facilities under one license. The last day of inpatient services at Baystate Mary Lane was Sept. 9. As of Sept. 10, Baystate Mary Lane became a satellite of Baystate Wing. Inpatient care at Baystate Mary Lane transitioned to Baystate Wing, while all outpatient services will continue at Baystate Mary Lane. Baystate Mary Lane Emergency Department will now operate as a satellite emergency facility of Baystate Wing Hospital. Patients will get the same level of 24-hour emergency care delivered by the same caregivers. Those who need to be admitted for hospital care will be transported to Baystate Wing, Baystate Medical Center in Springfield, or another appropriate medical facility depending on their care needs. The Ware facility will be known as the Baystate Mary Lane Outpatient Center. “We appreciate the Public Health Council’s recognition that this transition is an important step toward providing the best possible quality and value in services for the communities we serve,” said Michael Moran, president and chief administrative officer for the Baystate Health Eastern Region. “Our priority now is to work to ensure that the transition goes smoothly, and to continue to engage our local community on the many health issues that we face together. Baystate Mary Lane will continue to play a vibrant role in improving health in our communities.” Patients should not expect any disruptions in services related to the transition, and may call their doctor’s office if they have any questions about the effect of the change on any scheduled appointments.

AIC Granted Reaffirmation of Accreditation

SPRINGFIELD — American International College (AIC) has been granted reaffirmation of accreditation of business and management programs offered through its schools of Business, Arts, and Sciences and the School of Graduate and Adult Education by the board of commissioners of the International Assembly for Collegiate Business Education (IACBE). The IACBE is nationally recognized by the Council for Higher Education Accreditation, and is a leader in mission-driven and outcomes-based programmatic accreditation in business and management education for student-centered colleges, universities, and other higher-education institutions throughout the world, The IACBE has hundreds of member institutions and campuses worldwide and has accredited more than 1,300 business and business-related programs in the U.S., Europe, Asia, the Middle East, Central America, and South America. According to the IACBE, “the School of Business, Arts, and Sciences and the School of Graduate and Adult Education at American International College have undertaken a rigorous self-evaluation, have undergone a comprehensive independent peer review, and have demonstrated compliance with the following nine accreditation principals of the IACBE: outcome assessment, strategic planning, curriculum, faculty, scholarly and professional activities, resources, internal and external relationships, international business education, and educational innovation.” In addition, the organization noted that AIC’s School of Business, Arts, and Sciences and the School of Graduate and Adult Education “have demonstrated a commitment to continuous improvement, excellence in business education, and advancing academic quality in their business programs and operations.”

ILI Earns Highest Ranking from Accreditation Authority

NORTHAMPTON — The Accrediting Council for Continuing Education and Training (ACCET) has certified the International Language Institute (ILI) of Massachusetts through 2021. This five-year accreditation is the highest level bestowed by ACCET, which since 1978 has been officially recognized by the U.S. Department of Education as a reliable authority regarding the quality of education and training provided by the institutions that ACCET accredits. ACCET first accredited ILI in 1984, and has continued its recognition of the school’s excellence since then. “We are proud to earn ACCET’s highest accreditation,” said Eric Wirth, ILI board president. “It underscores the extraordinary creativity and dedication of our teachers and administrative staff. And ACCET accreditation helps assure prospective students from around the world and right here in Western Massachusetts that they will receive top-notch service.” Operating for 32 years, ILI is a nonprofit language school in Northampton that partners with 12 colleges and universities (locally, Bay Path University, Elms College, Greenfield Community College, Springfield College, Western New England University, Westfield State University, and UMass Amherst graduate school) to teach academic English skills to international students planning on enrolling at these schools. The school also trains instructors in effective ways to teach English to non-English speakers in the U.S. and abroad. In addition, ILI offers French, German, Italian, and Spanish courses for English speakers who travel for pleasure and business or “who simply want to learn another language,” said ILI Executive Director Caroline Gear. “We are especially proud of our free English classes for refugees and immigrants,” she added. “For more than 30 years, these classes have helped change lives thanks to support from the Massachusetts Department of Elementary and Secondary Education and the generosity of hundreds of local businesses and individual donors.” ACCET personnel paid a site visit to ILI in July and completed extensive research as part of the accreditation process. Among the strengths pointed out in the ACCET assessment are ILI’s professional relationships within the Northampton community; the school’s short- and long-term business plans; the extensive tenure of ILI faculty and staff, which results in a collaborative environment that supports out-of-the-box thinking; student-centered classes, including free English classes for refugees and immigrants; the school’s exemplary teaching and the teachers’ qualifications that exceed ACCET requirements; and the fact that students enjoy their time at ILI and are making significant progress in language development.

Aegis Energy Services Announces Strategic Alliance with Yanmar

HOLYOKE — Aegis Energy Services Inc., a provider of co-generation technology, announced a strategic alliance with Yanmar, a 100-year-old Japanese diesel engine and equipment manufacturer and cogeneration provider. The Aegis and Yanmar relationship will broaden the reach of combined heat and power (CHP) systems by offering a wider product line to serve facilities of all sizes — from hotels, hospitals, and residential buildings with large footprints to smaller facilities, including nursing homes and assisted-living facilities, apartment complexes, boutique hotels, restaurants, and more. “For more than 30 years, Aegis has designed, manufactured, and installed combined heat and power systems equipped with world-class remote monitoring and service across the Northeast and Mid-Atlantic,” said Aegis President Lee Vardakas. “The alliance with Yanmar not only increases our CHP product offerings, but our geographic reach. Together, we can provide modular systems for facilities of any size to generate sustainable, clean power options that reduce energy costs and emissions on a wider scale.” According to the U.S. Energy Department, CHP captures energy that would normally be lost in power generation and uses it to provide heating and cooling, making CHP 75% to 80% percent efficient. While most central power plants create steam as a byproduct that is then expelled as wasted heat, a CHP system captures the thermal energy that would normally be lost in power generation and uses it to provide on-site heating and cooling to factories, multi-residential housing and hospitality facilities, breweries, athletic facilities, and other applications requiring thermal load. In 2012, legislation was enacted which set a national goal for increasing CHP capacity. “Aegis has already demonstrated a commitment to Yanmar’s cogeneration product line by successfully completing our training courses designed for these systems,” said Arne Irwin, Energy Systems Business Unit manager at Yanmar America. “They will be able to provide a high level of service in their market for Yanmar’s CHP products.”

OMG Roofing Opens Two New Warehouses

AGAWAM — To support its goal of accelerating international sales growth in Asia and Europe, OMG Roofing Products has established new warehouses in Rotterdam in the Netherlands as well as in Shanghai, China. The two new warehouses are centrally located within their regions to enable OMG to rapidly supply products to roofing contractors and OEM partners in each of these critical markets. Both warehouses will stock a wide range of products sold locally, including OMG fasteners and plates, RhinoBond tools and plates, OMG telescopic tubes, OlyBond500 insulation adhesives, OlyFlow drains, and EverSeal roof repair tape. “OMG Roofing Products has continued to grow and expand beyond U.S. borders,” said Web Shaffer, vice president of Marketing. “By adding these warehouses, we are building a stronger foundation on which to accelerate our international growth by improving our service and expanding our distribution into new countries throughout Europe and Asia.”

Berkshire Bank Named a Top Charitable Contributor

PITTSFIELD — Berkshire Bank announced it was named by Boston Business Journal as one of Massachusetts’ Most Charitable Companies at the publication’s annual Corporate Citizenship Summit in Boston on Sept. 8. The Boston Business Journal is one of the leading sources for business news, research, and events in the Greater Boston area. Each year it honors a select list of companies for their charitable work in the community. Berkshire Bank ranked 42nd for total financial contributions, with more than $1.27 million donated in Massachusetts alone and more than $2 million donated overall. Massachusetts-based bank employees also donated more than 27,000 hours of volunteer service. Berkshire Bank joined a select list of statewide, national, and international companies honored at the summit. The award recognized Berkshire Bank and Berkshire Bank Foundation’s philanthropic investments in the community through their charitable grants, corporate giving, scholarships, in-kind donations, and employee volunteerism. Annually, Berkshire Bank and Berkshire Bank Foundation provide more than $2 million to community organizations, as well as scholarships to high-school seniors with a record of academic excellence and financial need. In addition to financial support, XTEAM, the bank’s employee-volunteer program, provides employees with paid time off to volunteer during regular business hours. In 2015, more than 70% of Berkshire Bank’s employees donated over 40,000 hours of service to benefit community organizations across the bank’s service area.

Inspired Marketing Gains WBENC Certification

SPRINGFIELD — Inspired Marketing Inc. announced it has been certified as a woman-owned business by the Women’s Business Enterprise National Council (WBENC), and also announced several promotions and hires in the company. “This designation is something I have longed to receive, and this year was thrilled to have accomplished the goal,” said Jill Monson-Bishop, chief inspiration officer. “I am even prouder of this certification because I have incredible women on my team who celebrate it with me.”

Berkshire Theatre Group Receives $29,000 Grant

PITTSFIELD — Berkshire Theatre Group announced it is the recipient of a $29,000 grant from the Massachusetts Cultural Council’s Cultural Investment Portfolio (CIP), which provides unrestricted general operating support grants and project support grants to nonprofit organizations that provide public programs in the arts, sciences, and humanities in Massachusetts. “We’re deeply thankful for the Massachusetts Cultural Council’s CIP grant to BTG. As ticket sales only cover half of our expenses, outside funding is vital to maintain our educational and transformative programs and productions. We are grateful that the MCC supports the valuable work we do.” The CIP recognizes that organizations with an established record of programmatic service and administrative stability should have access to funds to support their organizational goals and objectives, and to maintain their ongoing programs, services, and facilities without special emphasis on new initiatives as justification for funding.

Springfield College Rises Again in U.S. News Rankings

SPRINGFIELD — Springfield College has again moved up the list of highest-ranked colleges in U.S. News & World Report’s latest edition of “Best Colleges.” In the 2017 report, Springfield College is ranked 27th in the first tier in the category of Best Regional Universities – North. This marks the sixth consecutive year that Springfield College has moved up in the U.S. News rankings. This year’s ranking of the college is up two spots from 2016 and 40 spots from 2011. “I am extremely proud that Springfield College is being recognized for our outstanding academic offerings and a rich co-curricular life outside of the classroom,” said President Mary-Beth Cooper. “The rise in our ranking over the past six years demonstrates that the value proposition for a school like Springfield College, grounded in the Humanics philosophy, is well-regarded.” The college also ranked 12th in Best Value Schools for Regional Universities – North, the first year it has been listed in the Best Values category, which takes into account a college’s academic quality and net cost of attendance. According to U.S. News, the higher the quality of the program and the lower the cost, the better the deal Springfield College’s rise in the rankings is spurred by improved graduation rates and improved retention of first-year students. The college’s traditional, undergraduate enrollment for the fall of 2016 remained steady, with 550 first-year students enrolling again this year. The ratings are based on such variables as peer assessment, graduation and retention rates, student selectivity, class size, alumni giving, and student-faculty ratio. The college was ranked in a third category by U.S. News for 2017. It is ranked 14th in the North region in Best Colleges for Veterans.