Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts

Saturday, June 24, 2023

Healey-Driscoll administration releases "$14 Billion Capital Investment Plan for Fiscal Years 2024-2028"

"The Healey-Driscoll administration announced today (06/22/23)  a new five-year, $14 billion capital investment plan that includes more than $1.5 billion in housing-related spending and a new program to incentivize the creation of more affordable housing.

The administration’s plan, covering fiscal years 2024 through 2028, includes $97 million a year for the new HousingWorks program, which aims to encourage the production of 200 to 300 units of affordable housing each year. In addition, the spending plan also includes $90 million annually for housing acquisition, development and rehabilitation, and $120 million a year to preserve the state’s more than 43,000 units of public housing.

Besides housing, the spending plan focuses on advancing climate and economic development goals, and administration officials said it will help preserve and modernize the state’s infrastructure, invest in cities and towns, and make government more effective."
Continue reading the article ->

The Governor's official press release ->


Healey-Driscoll administration releases "$14 Billion Capital Investment Plan for Fiscal Years 2024-2028"
Healey-Driscoll administration releases "$14 Billion Capital Investment Plan for Fiscal Years 2024-2028"

Friday, March 10, 2023

Crypto investment scammers are targeting your community groups


Consumer Alerts from the Federal Trade Commission

By Cristina Miranda

Crypto investment talk is everywhere — even in your local community groups in real life or online. But scammers join these groups, too. 

Their mission? Gain the group's trust…and then exploit relationships and trick you into crypto investment scams. 

But how do you spot and avoid these scammers?

Read more ->  https://consumer.ftc.gov/consumer-alerts/2023/03/crypto-investment-scammers-are-targeting-your-community-groups




Crypto investment scammers are targeting your community groups
Crypto investment scammers are targeting your community groups

Tuesday, February 7, 2023

World’s biggest investment fund warns directors to tackle climate crisis or face sack | Sovereign wealth funds | The Guardian

"Norway’s sovereign wealth fund, the world’s single largest investor, has warned company directors it will vote against their re-election to the board if they do not up their game on tackling the climate crisis, human rights abuses and boardroom diversity.

Carine Smith Ihenacho, the chief governance and compliance officer of Norges Bank Investment Management, which manages more than 13tn Norwegian kroner (£1tn) on behalf of the Norwegian people, said the fund was preparing to vote against the re-election of at least 80 company boards for failing to set or hit environmental or social targets.

Established in the 1990s to invest surplus profits from Norway’s huge oil and gas reserves, it is the world’s largest sovereign fund, controlling an average of 1.3% of 9,338 companies across 70 countries. Large holdings include Apple, NestlĂ©, Microsoft and Samsung.

“We all know, we live in a world with a climate crisis, and we have a role to play and then companies have a role to play,” Smith Ihenacho said. “So we have stepped up our expectations towards the companies when it comes to setting targets to get to that net zero [emissions] by 2050 target. And we will push the companies more in setting targets and understanding how they’re going to get there.”
Continue reading the article online(subscription may be required)
https://www.theguardian.com/business/2023/feb/03/worlds-biggest-investment-fund-warns-directors-to-tackle-climate-crisis-or-face-sack

Melting glaciers and ice sheets around the world are causing concern over the changing climate. Photograph: Hollandse Hoogte/Rex/Shutterstock
Melting glaciers and ice sheets around the world are causing concern over the changing climate. Photograph: Hollandse Hoogte/Rex/Shutterstock


Friday, May 5, 2017

Tegra Medical Invests in People with Toolmaker Apprentice Program

While Massachusetts sees a shortage of employees for advanced manufacturing jobs, Tegra Medical is creating its own skilled workforce with its Toolmaker Apprentice Program.

Advanced manufacturing combines information technology with advanced machinery, and requires highly-skilled employees. The four-year program, which has been implemented in Tegra Medical’s Franklin location and may be extended to other locations, accepts two students who are required to enroll in engineering programs at local colleges. The company pays their tuition and a salary, then promotes them to journeyman toolmaker positions when they graduate.

Apprentices spend 40 hours a week in Tegra Medical’s GENESIS Tech Center® (GTC), which is devoted to prototyping and product development. They learn all aspects of machining including how to plan a machining job, programming the machines, and doing CAD drawing and solid modeling. At least 95- percent of the apprentices’ time at Tegra Medical is spent on the job. They juggle these responsibilities with their college course load.

“We put apprentices right into the thick of things at our GTC,” said Brian Rua, Director of Support Services and the apprentice program manager. “Here, the apprentices are exposed to every kind of machining we do. They’re working on real projects, and learning from all the engineers, toolmakers, maintenance, quality and program managers who are refining customers’ medical device designs and figuring out the most efficient ways to manufacture them.”

Antonio Bettencourt, the first apprentice program participant and Brian Rua, Director of Support Services and founder of the apprentice program.
Antonio Bettencourt, the first apprentice program participant
and Brian Rua, Director of Support Services
 and founder of the apprentice program.
Tegra Medical is unusual in having this apprentice program. This makes it a popular choice for students graduating from local vocational high schools.

“It’s a great way to help a young person find his niche,” said Rua. “We had one apprentice who was so “green” when he started that he hardly knew what any of the machines were for. Today he is excelling in the program. With what he has learned here combined with a self-starter attitude, he can now take a project from start to finish with minimal help. He is working on some of the most advanced systems in the shop and has done research and presented suggestions for new equipment upgrades and more.”

The first graduate of the apprentice program, Antonio Bettencourt, received his certificate in April. He was also presented with a beautiful oak Gerstner tool chest with felt-lined compartments to protect his tools for years to come. The second graduate, Nick Voyer, is due to complete the program in July.