MA Favorite Eatery Expands + Movie Theater Closings + Dozens Of Workers Face Layoffs: Business Week

MASSACHUSETTS — From a popular Massachusetts eatery expanding its footprint in the Bay State to more than 70 workers facing layoffs, it's been a busy week in Massachusetts business news.

Have a business story idea? Send it to jessie.castellano@patch.com

Popular Mass. eatery opening second location in Boston

A popular Burlington eatery, Common Craft, will open at the base of the South Standard apartments building, at 85 Damrell St. in Boston.

The restaurant, led by culinary director and 2019 James Beard Award winner Tony Messina, is slated to open in mid-March.

More than 70 industrial workers are set to lose their jobs

Boston Metal, a “green” steel-making company headquartered on Sixth Road, will eliminate 71 Woburn jobs on March 14, according to a notice filed with the state Friday.

The layoff stems from an accident at the company’s Brazilian subsidiary, which forced Boston Metal to miss an operational milestone critical to a pending financial deal, the Boston Business Journal reported.

Largest movie theater chain in Mass. expected to close locations

AMC Theatres plans to close more locations as it continues to grapple with a sluggish post-pandemic box office, company executives warned this week.

The company has shuttered 213 locations over the past five years. It now has about 850 locations, including at least 10 in Massachusetts.

AMC has not revealed which locations it plans to close.

How much income does it take to be rich in Mass?

A report by Visual Capitalist finds that households typically must rank in the top 10% of earners to be labeled “rich,” but the income needed to reach that tier varies widely by location.

In Massachusetts, households need to earn $386,300 a year to qualify as rich.

Have a business story idea? Send it to jessie.castellano@patch.com

More Massachusetts Business News:

• Old-School Cocktail Bar Brings A Classic Vibe To Woburn
• Historic Framingham Farm Seeks Funding: Report
• National Salad Chain To Open First Location In Worcester County
• Popular Milford Pizzeria Under New Ownership
• Local Car Wash Chain's Newest Location Is Now Open In Medford
• Worcester Seeks New Ideas For Union Station’s Grand Hall & Restaurant Future
• Here's When Chick-fil-A Will Open Inside Boston's South Station
• Chestnut Hill Business District Getting A Sweet Addition
• High-end Food Purveyor Coming To Medford
• Vendors Wanted At Framingham Farmers Market

Catch Up On Past Business Roundups:

• ‘Crazy’ Golf Venue Opens + Clothing Retailer Closing Facility + Electric Vehicle Maker Hiring
• Nearly 200 Face Layoffs + Luxury Store Closing + Fashion Brand To Open First MA Store
• Mass Layoffs Hit Employees + Pizza Chain Closes + MA Schools Among Best In World
• Discount Designer Stores To Close + Snack Factory To Shutter + Unique Boston Hotel Debuts