Construction under way
CHARLTON -The Mroczkowski family has begun revitalizing a prominent block of Charlton at Stafford Street and Route 20.
The Ted Group Inc., a family-held corporation, is investing about $3 million in redeveloping the parcel where Ted's Package & Variety Store and Francesco's Italian Bakery are.
Ted Mroczkowski, who started the family business in 1978, sold Ted's Citgo gas station at 28 Worcester Road (Route 20) to HTK2 LLC in early February for $2.6 million. The gas station will remain open under new ownership, which is listed under the corporate filing at the secretary of state's office as managers Hassan Yatim and Tarek Yatim, both of Worcester.
The sale of the gas station is partially funding the redevelopment of the 2.4-acre parcel across the street.
Four residential buildings and two garages on the property were razed last week to construct a 12,942-square-foot building that will house Ted's Package & Variety, Paoletti's Fruit & Produce and Francesco's Italian Bakery.
Once construction is completed, the existing Ted's Package store will be razed to make way for 83 parking spaces.
The family expects the new building to open in November.
A story in last week's Business Matters contained incorrect information about the Mroczkowski family's plans for the block, as well as which entity purchased the gas station.
Insurance agency to change name
GARDNER - The Heritage Insurance Agency, headquartered in Gardner, will change its name to the Insurance Center of New England, effective March 1.
Since 1991, the Heritage Insurance Agency has been a subsidiary of the Insurance Center of New England, headquartered in Agawam. Heritage has a branch office in Winchendon and offices inside the Worker's Credit Union branches in Orange and Fitchburg.
"The two agencies have for several years shared communications and computer systems, providing customers with uninterrupted service and security during outages caused by natural disasters," according to a company press release. ICNE also operates satellite offices in Lowell, Danvers, Haverhill and East Longmeadow.
According to the press release, the name change "was undertaken only to take advantage of the efficiencies and economies of having one corporate brand name and logo."
The Insurance Center of New England has 35 employees in Agawam, while 30 employees work at the Gardner office.
New art store in Worcester
WORCESTER - Two city natives recently opened Funky Stuff, an art store at 113 Lovell St.
Run by Adrian Demers, 23, and Kai Griffiths, 23, Funky Stuff carries work from more than 30 artists from the area. The artwork includes paintings, sculptures, clothing, blown glass, handmade jewelry, furniture, handmade organic teas and soaps, engraved silverware, pillows and pins.
Funky Stuff "is a store that bridges the gap between a traditional thrift store/consignment shop and an art gallery," according to its website. The store also carries old records, antiques and "good ol' Funky Stuff."
Bookkeeping franchise opens
LEOMINSTER - BookKeeping Express, the first U.S. franchise focused solely on bookkeeping services, recently opened an office in Leominster.
The company offers bookkeeping services to small businesses to "help alleviate a void that exists locally within the small business community," said Cindy Testa, owner of BookKeeping Express in Leominster, in a prepared release.
The expansion into the Leominster area is part of the company's national development plan, which calls for opening offices in more than 400 new areas throughout the U.S.
As a BookKeeping Express franchise, the Leominster office has the support of the BookKeeping Express Team Center in Boise, Idaho, "to take care of any outsourced bookkeeping needs so (Ms. Testa) can focus her attention on her business and client consultation. This gives her the ability to grow her business without hiring additional employees," according to a release from the company.
The new franchise is run out of Ms. Testa's home. For more information on BookKeeping Express, call (978) 534-0666 or e-mail email@example.com.
Construction firm wins award
MILLBURY - Greenwood Industries Inc. of Millbury has been awarded a Contractor of the Year award in the low slope category for roof work the company did at the TD Garden in Boston.
Sika Sarnafil, a national company that produces thermoplastic roofing and waterproofing membranes, announced the award last week.
Greenwood used Sika Sarnafil products to cover the barrel roof of the TD Garden, home to the Boston Celtics and Boston Bruins.
"During the project, Greenwood worked around a continuous schedule of TD Garden events and even withstood a hurricane to complete the project," according to a press release from Sika Sarnafil.
PHOTOG: T&G Staff/PAUL KAPTEYN
CUTLINE: Ted's Package & Variety Store and the surrounding area at Route 20 and Stafford Street in Charlton will be seeing some changes.
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|Title Annotation:||BUSINESS MATTERS|
|Publication:||Telegram & Gazette (Worcester, MA)|
|Date:||Feb 26, 2012|
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