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Sevcon closes $10M rights offering

John Agoglia |

Southborough-based Sevcon Inc., which designs and manufacturers controls for electric and hybrid vehicles, has closed its $10 million rights offering to its shareholders, the company said Wednesday.

Lightower expands Philadelphia network

John Agoglia |

Boxborough-based Lightower Fiber Networks said it’s expanding its all-fiber network in downtown Philadelphia.

Marlborough's ReWalk closes IPO

John Agoglia |

ReWalk Robotics of Marlborough said it had closed its initial public offering of 3.45 million shares of stock, which includes 3 million offered on Monday and an additional 450,000 offered through an...

Spencer Price Chopper issues bread recall

John Agoglia |

The potential presence of metal shards from a mixer's dough hook has caused Price Chopper Supermarkets to recall some in-store bakery fresh breads sold at its Spencer location between Sept. 12 and...

Mass. lost 5,300 jobs in August

John Agoglia |

Massachusetts lost 5,300 jobs in August, causing the unemployment rate to rise to 5.8 percent, with the since-resolved ownership dispute at the Market Basket grocery store chain apparently playing a...

MassDevelopment issues 'innovation centers' RFP

Emily Micucci |

MassDevelopment, the state's finance and development agency, has issued a request for proposals from small and medium manufacturing enterprises seeking to create “innovation centers,”...

RXi wins new patents

Emily Micucci |

RXi Pharmaceuticals Corp. of Marlborough said it has received a new patent on a delivery system for the treatment diseases with an inflammatory component.

BSX system awarded EU approval

Emily Micucci |

Marlborough-based Boston Scientific Corp. (BSX) has received approval to sell its system designed to treat tremor disorders in the European Union, the company announced Wednesday.

Grant issued for Worcester downtown incubator

Emily Micucci |

The Worcester-based Institute for Environmental Sustainability (IES) has been awarded a $125,000 grant to help establish an incubator in downtown Worcester, the Massachusetts Clean Energy Center...

Spectra, Northeast Utilities unveil $3B gas pipeline plan

A $3 billion pipeline project that would increase the flow of natural gas into New England to meet growing demand was announced by Spectra Energy and Northeast Utilities (NU) Tuesday.

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