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New Bedford Demonstrates Strong Financial Position

Moody’s upgrades city to “A” rating based on significant financial improvements New Bedford – Moody’s Investor Services upgraded the City of New Bedford bond rating to “A3,” marking the first time in 37 years that New Bedford has received an “A” rating. In a report outlining Moody’s opinion, the financial service cited several reasons for […]

City Moves Forward with Fairhaven Mills Redevelopment

City Receives Two Bids for Fairhaven Mills Plans Call for Retail, Residential Developments By Aaron Nicodemus, Standard-Times Staff Writers NEW BEDFORD — The most controversial parcel in the city took a major step toward development yesterday, as bids of $1 million and $200,000 were submitted for the Fairhaven Mills property. Urban Investments Associates, a Roxbury […]

New Bedford Fishing Fleet Number One Again

New City Port Hauls in Top Revenue By Joao Ferreira, Standard-Times Staff Writer NEW BEDFORD — New Bedford is the No. 1 money-making fishing port in the nation for the sixth consecutive year. New Bedford fishermen landed $282.5 million in fish in 2005, an increase of $75 million from 2004, according to the National Oceanic […]

New Antiques District Buds in South End

New Bedford – New Bedford Mayor Scott W. Lang, joined City Council President Leo Pimental, Executive Director of the New Bedford Economic Development Council Matthew Morrissey, and the new owners of “New Bedford Antiques at the Cove” at the official ribbon cutting ceremony. City officials welcomed New Bedford Antiques at the Cove to its new […]

State Awards Another Adams Grant to AHA!

For a third consecutive year, New Bedford’s AHA! (Art-History-Architecture) project has been awarded a significant cultural economic grant from the Commonwealth’s Mass Cultural Council (MCC). The award of a $60,000 Adams Grant to New Bedford’s AHA! Project as well as $3,000 planning grant to the City of New Bedford for work on the Creative Economy […]

City Forges Partnership with UMD Business School Around New Bedford Economy

By Eileen Peacock Dr. Peacock, Dean of the Charlton College of Business at UMass Dartmouth The Charlton College of Business recently partnered with New Bedford Mayor Scott Lang’s office on an exciting approach to problem solving. In January 2007, a group of 14 UMass Dartmouth master of business administration students worked closely with the mayor’s […]

Suit Maker Goes ‘Lean’ to Keep Jobs in U.S.

National Public Radio Morning Edition, January 24, 2007 If you check the tag on a men’s suit these days, chances are it says “made in China” or Mexico — maybe even Hungary. But if the suit is a Joseph Abboud, it still says “Made in America.” In fact, the company is one of the few […]

Made in New Bedford: A Suit Designer Retools

Made in New Bedford: A Suit designer Retools – Abboud Factory bucks US Trend By Jenn Abelson, Globe Staff | January 7, 2007 NEW BEDFORD — Last year the Joseph Abboud suit factory did something not seen in at least a decade in this old textile capital: It added jobs. The men’s suit designer expanded […]

City’s Marine and Science Technology Quest Center Graduates Its First Company

Seaworthy Success Story Maker of Waterproof Electrical Connectors Outgrows its Incubator By Becky W. Evans, Standard-Times Staff Writer A new marine technology firm that sells underwater electrical connectors is leaving the nest today to grow and prosper on its own. BIRNS Aquamate is scheduled to move out of New Bedford’s Quest Center on Purchase Street […]

City Advances Drive Toward Job Creation in Emerging Alternative Energy Sector

City Hosts Another Alternative Energy Company New Bedford, MA — Ze-gen, a Boston-based alternative energy company, is constructing a “proof of concept” facility in New Bedford to advance its technology by testing the conversion of waste-to-energy. Ze-gen’s technology, if proved successful, will become the most environmentally friendly and energy efficient method of handling solid waste […]