City engineer: Factory Street project is ‘on schedule’

The Factory Street project is finally on schedule and is expected to be completed in October, despite delays and problems with excavating and other issues that have driven the project cost up to $13.5 million. Photo by Amanda Morrison, Watertown Daily Times.

The Factory Street project is finally on schedule and is expected to be completed in October, despite delays and problems with excavating and other issues that have driven the project cost up to $13.5 million. Photo by Amanda Morrison, Watertown Daily Times.

Manager Christopher L. Turck was relieved to hear that the brunt of the $13.5 million Factory Street construction project in front of Mo’s Place should be finished in October. [Read more…]

Sunoco finalizes $76.4 million deal for Valentine shops, gas stations

Sunoco, one of the nation’s largest gas distribution companies, said it finalized its deal to buy Valentine Stores Inc. entire collection of convenience stores, gas stations and restaurants. [Read more…]

City Council to consider $567,000 more for Factory Street project

Construction continues Wednesday morning on Factory Street in Watertown. Photo by Stephen Swofford, Watertown Daily Times.

Construction continues Wednesday morning on Factory Street in Watertown. Photo by Stephen Swofford, Watertown Daily Times.

Some miscalculations on the scope of work for the $12.9 million Factory Street reconstruction project will drive up its cost more than $567,000. [Read more…]

May 2016: Business Briefcase

TRANSACTIONS

Valentine plans sale of stores to Sunoco

Valentine Stores Inc. announced last month that it has agreed to sell its entire portfolio of convenience stores, gas stations and restaurants to a subsidiary of Sunoco, one of the nation’s largest gas distribution companies. [Read more…]