Company Notebook

Company Notebook

White Lion Brewery Moving into Tower Square

SPRINGFIELD — White Lion Brewery has signed a long-term lease to occupy 10,000 square feet of space at the former Spaghetti Freddy’s location in Tower Square. The space was vacant for close to 15 years, but will now house a full-scale production and packaging facility with a taproom. Brewing equipment and mechanicals arrived at Tower Square on Dec. 20. The ownership at Tower Square has taken another step to show its commitment to the city of Springfield by becoming a strategic equity partner in White Lion. The agreement provides further support and financial assistance during the brewery’s growth. White Lion acquired its brewing, mechanical, and refrigeration systems from Rooster Fish Brewing out of Watkins Glen, N.Y. The system will allow White Lion to brew approximately 10,000 barrels, or in excess of 100,000 cases, of beer annually from the downtown Springfield location. The company expects to invest approximately $1 million in the project, which includes expanding its independent distribution model and hiring up to 20 employees. The brewery is expected to open in the spring of 2019.

TommyCar Auto Group Adds Volvo Franchise

SOUTH DEERFIELD — TommyCar Auto Group announced its ownership of the Volvo Cars Pioneer Valley dealership, formerly Pioneer Valley Volvo. Carla Cosenzi, president of TommyCar Auto Group, noted that Volvo Cars Pioneer Valley will bring amenities that all TommyCar Auto Group dealerships offer, including Click.Drive.Buy, a new way to buy a car online; TommyCard Rewards, through which customers can earn 15% back of every dollar they spend; and efforts to support the local community; the company has contributed more than $4 million to local organizations, schools, and the Dana Farber Cancer Institute. Volvo Cars Pioneer Valley will commemorate the new ownership with an “Eat.Meet. Greet” event on Wednesday, Jan. 16 from 5 to 7:30 p.m. Customers can get an early look at the long-awaited 2019 Volvo S60, hors d’ouevres from Seth Mias Catering, cocktails from Hitchcock Brewing, and giveaways.

Dress for Success Receives $10K for Mentoring Program

SPRINGFIELD — Dress for Success Western Massachusetts received a donation of $10,000 in continued support of its Margaret R. Fitzgerald mentoring program. This program was initially launched with a $10,000 donation from this anonymous family member in 2017, and this new donation is intended to continue and expand the success of the mentoring program. Fitzgerald was a secretary in the Physics department at Mount Holyoke College in the 1970s. The only woman who worked in the department, she became a point of support for the students enrolled in the exclusively male-led department. Affectionately called ‘Mom’ by many of the women enrolled in the department, the students looked to her for advice, help, counsel, and encouragement. She was known to intervene with certain professors to advocate on behalf of students when there were issues or problems. She reminded students that they were clearing the way for future generations of scientists. Because of her, many of the women achieved advanced degrees from prestigious universities all over the world. Dress for Success Western Massachusetts is currently accepting applications for mentors interested in the Margaret R. Fitzgerald program. Contact Tantillo at (860) 638-8980.

Webster Bank Rated Best Overall Bank in Northeast

WATERBURY, Conn. — Webster Bank was named best overall bank in the Northeast in Bank Director’s annual RankingBanking study released late last month. The 2019 RankingBanking study identifies the top public U.S. retail and commercial banks between $10 billion and $250 billion in assets within each region — the South, the West, the Midwest, and the Northeast. In addition to placing first overall in the Northeast, Webster was also the top bank in the Northeast in three key categories: Best Technology Strategy, Best Board, and Best Small Business Strategy. The rankings were calculated using Bank Director’s proprietary algorithm, which incorporates more than 60 critical data points to measure banks’ relative strengths and weaknesses. The data points used were both qualitative and quantitative, including case studies and analyst opinions. Many factors went into Webster’s top rankings, including the bank’s high-level focus on digital banking and user experience, the diversity and expertise of its board, and its small-business loan growth and volume. “We also noted Webster’s robust selection of products and services tailored for small businesses, the fact that customers can apply for loan and deposit products online, and Webster’s ability to generate online loan decisions within 48 hours,” said Emily McCormick, Bank Director’s vice president of Research. Bank Director is a leading information resource for the directors and officers of financial institutions across the nation.

People’s United Foundation Gives $105,000 to Nonprofits

SPRINGFIELD — People’s United Community Foundation, the philanthropic arm of People’s United Bank, N.A., announced it awarded $105,000 to nonprofits located in Western and Central Mass. during its third grant cycle of 2018. Funding was allocated to 21 nonprofit organizations in support of activities that ranged from basic needs services and affordable-housing initiatives to education and workforce-development programs. Some of the grant recipients included the Literacy Project, the Gray House, YMCA of Greater Springfield, the Food Bank of Western Massachusetts, Entrepreneurship for All, Roca, and Veterans Inc. In total, People’s United Community Foundation awarded $875,500 during its third grant cycle of 2018 to 171 organizations throughout the communities it serves in Massachusetts, Connecticut, New York, Vermont, New Hampshire, and Maine. The grants were disseminated in alignment with the foundations’ three areas of focus, including 43% to community and economic development, 37% to youth development, and 20% to affordable-housing initiatives. For a detailed list of organizations that People’s United Community Foundation supported during the final grant cycle of 2018, visit www.pucf.org.

Holyoke Community College Celebrates Success of Arrivals from Puerto Rico

HOLYOKE — Holyoke Community College recently celebrated the success of 30 evacuees who left Puerto Rico after Hurricane Maria and have just completed a five-month program to help them improve their English literacy skills, adjust to life on the U.S. mainland, and find jobs. The celebration and recognition ceremony was held on Dec. 20. The festivities included a feast of traditional Puerto Rican food for participants, their families, and program staff. The Puerto Rican New Arrivals Program started July 23. The HCC division of Business and Community Services offered the free ESOL (English for speakers of other languages) program specifically for residents of Puerto Rico who left the island after the devastation of Hurricane Maria in September 2017 and relocated to Western Mass. The classes were held Mondays through Thursdays, 9 a.m. to 1 p.m., and funded through a National Dislocated Worker grant administered by the MassHire Hampden County Workforce Board in partnership with the MassHire Holyoke and MassHire Springfield career centers. The purpose of the program was to help individuals improve their English writing, speaking, and comprehension skills; adapt to U.S. culture; and successfully transition to jobs or continued educational opportunities. Classes included civic lessons from guest speakers including Holyoke Mayor Alex Morse and state Rep. Aaron Vega, who talked about local and state government.

Comcast Selected for Broadband Project in Town of Worthington

WESTBOROUGH — The Mass. Broadband Institute at MassTech (MBI) formally approved an award of $2.2 million to Comcast to support the construction of a broadband network in the town of Worthington. The grant, which was approved by both the MassTech Executive Committee and the MBI board of directors, followed a majority vote at Worthington’s town meeting in May choosing Comcast and supporting the construction of its advanced fiber network to deliver broadband to the town, including approval of a project coverage map. Comcast and Worthington also signed a formal cable franchise agreement on Dec. 11. The proposed broadband network will deliver expanded connectivity to more than 96% of Worthington’s residential and business premises once the project is complete. Under the grant agreement, the Commonwealth of Massachusetts will provide an award of $2,213,809 from the Last Mile program, funds which will supplement Comcast’s capital investment in the construction of the Worthington network. The MBI will utilize Worthington’s original Last Mile allocation of $1,070,000, with the remaining funds coming from additional investments from both the Commonwealth and the town, utilizing an agreement which will allow the town to contribute year over year without having to use municipal bonds.

Smith Brothers Insurance Helps Local Children

EASTHAMPTON — Smith Brothers Insurance sponsored 25 children in need this holiday season and raised $5,000 for the 2018 Holiday Bear Project. For 12 straight years, Smith Brothers’ team members donated money and time for this annual gift-giving program for needy public-school children. Team members individually sponsored a child, donated money, and coordinated company fundraising activities. Hundreds of gifts were purchased and wrapped for students ranging in age from 5 to 17. More than 10,000 public-school students have benefited from the holiday program since the Holiday Bear Project began in 1998. The Smith Brothers team also conducted a toy drive for Connecticut Children’s Medical Center and a food collection for a local food bank.

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