Posted inEconomy

Fairhaven loses both taxes and jobs to ATT

INTRO TEXT an at&t call center in Fairhaven will soon close its doors after a contentious nine-year relationship with the town, leaving many people feeling like they’ve been hung up on. Workers at the facility and municipal leaders have been crying foul over the company’s failure to live up to the job-creating promises of a […]

Posted inEconomy

Growth spurts

The 21st century has brought more choices to people looking for apartments and condos just outside Boston or spacious homes in the Berkshires, but the construction spurt hasn’t been so great in most of the bedroom communities near I-495. Overall, the number of permits for new homes in Massachusetts jumped by 25 percent between 2000 […]

Posted inEconomy

Power Failure

If sometime this winter you flip a light switch and nothing happens, think back to where you were on May 8, 2000—the day the electricity industry in Massachusetts started down a road that may now be leading toward rolling blackouts. The day started normally enough. Predawn temperatures hovered in the low 70s, warm but not […]

Posted inEconomy

Close quarters

Population density is a standard yardstick of development, but assessing it is trickier than it seems. According to the standard measure of density, communities in southeastern Massachusetts seem to have a lot of elbow room (see smaller map). For example, as of early 2000, fast-growing Plymouth was still more sparsely populated than the MetroWest suburb […]

Posted inEconomy

Falling fortunes

If the German company Adidas goes through with its buyout of Canton–based sneaker rival Reebok, the Bay State will be the home of just nine Fortune 500 companies, down from 17 in 1998. While Massachusetts remains a hub for nonprofit institutions, it is quickly becoming a minor player in the world of big business. The […]

Posted inEconomy

Corporate Citizens

There is no question that the announcement in January that Procter & Gamble, the Cincinnati–based consumer-products conglomerate, would acquire the Gillette Co., a Boston stalwart, struck a nerve. Partly, it was simply the shock. Unlike other recently sold companies, Gillette was not publicly in play. Indeed, having fought off P&G’s advances several years ago, Gillette’s […]

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