Boston-Based Putnam Investments Sold for $925 Million to Franklin Templeton
Global asset manager Franklin Templeton agreed to buy Boston-based Putnam Investments for $925 million from Great-West Lifeco. Putnam formerly had a large campus in Franklin, Massachusetts. Franklin Templeton said in an investor presentation that it is “committed to a meaningful presence in Boston” and that its execution plan is designed to “minimize disruption to investment teams and client relationships.”
The Tri-Counties Regional Chamber Serves Massachusetts Small Business Development Center and Local Entrepreneurs
The Tri-Counties Regional Chamber serves the communities of Bellingham, Franklin, Holliston, Hopedale, Hopkinton, Medway, Milford, Mendon, Millis, and Upton. Its website offers information on its benefits, membership directory, sponsorship opportunities, events, and job postings. Participants have access to exclusive workshops, roundtables, and resources designed to improve their skills and help them grow their business.
As part of its mission, the chamber partners with the Massachusetts Small Business Development Center (MSBDC) to provide free and confidential one-on-one management advice and technical assistance to prospective and existing small businesses. The MSBDC has offices throughout the state but its regional central office is located on the Clark University campus in Worcester, MA.
Rob DelMastro is a small business advisor who provides free and confidential one-on-one management advice and technical assistance to small businesses on Chamber premises in Milford, MA. To schedule an appointment with Rob, call (508)793-7557 or visit the MSBDC website.
Town of Franklin Designates a Single Point of Contact to Serve as the Primary Municipal Liaison
The Town of Franklin designated a single point of contact to serve as the primary municipal liaison for all matters related to Chapter 43D and priority development sites, as required by Section 4 of Chapter 43D of the Massachusetts General Laws. The Municipal Point of Contact will assist developers/applicants in resolving the priority development site process and related requirements. Early, informal pre-permit discussions with your municipal point of contact are strongly recommended.
Municipal Point of Contact for All Development Site Priority Issues:
Bryan W. Taberner, AICP
Director Community Planning and Development
City of Franklin
355 East Central Street
Franklin, MA 02038-1352
Phone: 508-520-4907
Fax: 508-520-4906
Email: btaberner@franklin.ma.us
Healey-Driscoll Administrator Offers $70,000 in Grants to Promote Local Dairy Products
The Massachusetts Dairy Promotion Board (MDPB), in conjunction with the Massachusetts Department of Agricultural Resources (MDAR), has announced two dairy promotion grants totaling $70,000 to fund projects that will improve the image, sales, and the demand for local dairy products. These FY 2024 funded grant projects include educational initiatives for Massachusetts communities on the importance and nutritional benefits of dairy products. In addition, the projects will raise awareness about the contributions of our dairy farmers and provide more resources to our schools to support Massachusetts dairy consumption.
Additional Piece: Supporting Local Businesses
In recent years, there has been a growing trend to buy from local businesses. As the pandemic has shown, small businesses are an essential part of the local economy, as they often provide jobs and unique products and services that big-box retailers cannot offer. Here are some reasons why supporting local businesses is beneficial for communities:
1. Stimulate Local Economy
When people buy from local businesses, a larger portion of their money stays in the local economy. This revenue can then be used to fund local infrastructure, schools, parks, and other public services. It also helps to create more jobs and opportunities for local residents.
2. Unique Products and Services
Small businesses often offer unique products and services that big-box retailers cannot provide. They may specialize in niche categories, use high-quality materials, or offer one-of-a-kind experiences that are not available elsewhere. By supporting these businesses, consumers can discover new products and services and support local artisans and craftsmen.
3. Environmental Impact
Buying from local businesses can also have a positive environmental impact. Small businesses often have smaller supply chains, which means they use fewer resources to produce and transport their products. They also tend to source materials locally, which reduces their carbon footprint.
4. Personalized Customer Experience
Local businesses often take pride in providing personalized customer service. They know their customers by name, understand their needs, and are often willing to go above and beyond to ensure their satisfaction. This creates a sense of connection and community that is lacking in larger retailers.
5. Support for the Underdog
Small businesses often face stiff competition from larger retailers and chains. By supporting local businesses, consumers can help level the playing field and give these underdogs a fighting chance. This is especially important in light of recent economic challenges, as small businesses have had to adapt and innovate to survive.
Summary
The Tri-Counties Regional Chamber serves local businesses in Massachusetts by providing exclusive resources for entrepreneurs and partnering with the Massachusetts Small Business Development Center to offer free and confidential one-on-one management advice and technical assistance. The Town of Franklin has designated a single point of contact to serve as the primary municipal liaison for all matters related to Chapter 43D and priority development sites. Supporting local businesses is beneficial for communities, as it stimulates the local economy, offers unique products and services, has a positive environmental impact, provides personalized customer experiences, and supports the underdog.
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SPONSOR OF business summaries in the Franklin Observer
The chamber serves the communities of Bellingham, Franklin, Holliston, Hopedale, Hopkinton, Medway, Milford, Mendon, Millis, and Upton. More information is available at https://www.tricountychamberma.org
Massachusetts Small Business Development Center
The Regional Central Office of the Massachusetts Small Business Development Center (MSBDC) Network is located on the Clark University campus in Worcester MA. For the convenience of members and prospective members of the Tri-Counties Regional Chamber, Rob DelMastro provides free and confidential one-on-one management advice and technical assistance to prospective and existing small businesses on Chamber premises in Milford, MA.
Rob DelMastrosmall business advisor
To schedule an appointment with Rob, call (508)793-7557 or visit the MSBDC website.
A single point…
As required by Section 4 of Chapter 43D of the Massachusetts General Laws, the Town of Franklin has designated a single point of contact to serve as the primary municipal liaison for all matters related to Chapter 43D and priority development sites. The Municipal Point of Contact will assist developers/applicants in resolving the priority development site process and related requirements. Early, informal pre-permit discussions with your municipal point of contact are strongly recommended. Municipal point of contact for all development site priority issues Bryan W. Taberner, AICP, Director Community Planning and Development City of Franklin 355 East Central Street Franklin, MA 02038-1352 Phone: 508-520-4907 Fax: 508-520 -4906 Email : btaberner@franklin.ma.us3
Putnam investments sold for $925 million
Great-West Lifeco has agreed to sell Boston-based Putnam Investments for $925 million to global asset manager Franklin Templeton. Putnam formerly had a large campus in Franklin, Massachusetts. Franklin Templeton said in an investor presentation that it is “committed to a meaningful presence in Boston” and that its execution plan is designed to “minimize disruption to investment teams and client relationships.”
Healey-Driscoll administrator offers $70,000 in grants to promote local dairy products
The Massachusetts Dairy Promotion Board (MDPB), in conjunction with the Massachusetts Department of Agricultural Resources (MDAR), has announced two dairy promotion grants totaling $70,000 to fund projects that will improve the image, sales and the demand for local dairy products. These FY 2024 funded grant projects include educational initiatives for Massachusetts communities on the importance and nutritional benefits of dairy products. In addition, the projects will raise awareness about the contributions of our dairy farmers and provide more resources to our schools to support Massachusetts dairy consumption.
https://franklinobserver.town.news/g/franklin-town-ma/n/162627/business-briefs-small-biz-center-bryan-taberner-putnam-sells-dairy
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