11
Heywood Healthcare in Gardner announced Monday it is successfully exiting Chapter 11 bankruptcy as a standalone entity. The announcement comes almost exactly a year after the bankruptcy filing was first initiated. The hospital cited the pandemic, financial strains that included a costly and lengthy electronic medical record transition, an aging infrastructure and engagement in a milestone construction project, which was halted in June 2023, as reasons for the filing. The bankruptcy petition included all Heywood-affiliated entities — Athol Memorial Hospital, Heywood Medical Group, Heywood Realty Corp. and Quabbin Healthcare — in a single case.
$11.2M
A packaging company affiliated to The Kraft Group sold a warehouse in Webster to a trucking company for $11.2 million last month, two years after acquiring it from a locally based long-lived company, property records show. The 124,400-square-foot building, home to UN1F1ED² Global Packaging and located at 1 Cudworth Road, was bought by New Jersey-based Dana Transport Inc., according to the Worcester Registry of Deeds. The sale closed Sept. 18. The seller is a holding company with strings to UN1F1ED² Global Packaging Group, which is addressed at One Patriot Place, Foxborough, the location of Gillette Stadium and headquarters of The Kraft Group.