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Arch Therapeutics raises $3M in financing

Arch Therapeutics of Framingham has raised $3 million in equity financing through sales of stock to 19 accredited investors, the company announced Wednesday.

Report: U.S. factory activity falls to slowest pace since 2013


Growth in the U.S. manufacturing sector eased in June, hitting its slowest pace since October 2013, according to an industry report released Wednesday.

Sutton brownfield to get cleaned up and back in business

Attorney General Maura Healey has entered into a brownfields agreement for the redevelopment and reuse of a parcel in Sutton once occupied by Master Metals Industries, creating six new jobs in the...

51 Tyco employees in Westminster face layoff

Carol McDonald |

Some Tyco Fire Protection Products operations currently performed in Westminster will be relocated by September to other Tyco facilities in Brownsville, Texas, and Matamores, Mexico, the company said...

Waters Corp. names new CEO

Christopher J. O'Connell will take on the role of chief executive officer at Waters Corp. beginning in September.

MassMEP receives $400,000 grant to assist defense manufacturers

Sam Bonacci |

MassDevelopment has awarded the Massachusetts Manufacturing Extension Partnership (MassMEP) $400,000 toward outreach and training programs for defense manufacturers.

Family businesses relocate to Hudson

Sam Bonacci |

The Acton businesses Boatzincs and Mach Machine will relocate to Hudson in a manufacturing building purchased by the owner of Boatzincs for $1.2 million.

Leominster lures Vt. yogurt maker

A Vermont-based manufacturer of yogurt is relocating to Leominster and plans to add about 12 jobs over the next two years, according to MassDevelopment, the state’s finance and development...

Jabil records strong third quarter

Jabil Circuit Inc., the parent company of Clinton-based Nypro Inc., reported preliminary third-quarter net revenue of $4.4 billion on Wednesday. That is a 15 percent rise from the third quarter of...

Framingham, N.H. firms ink deal to deliver parts to key defense contractors

Emily Micucci |

The U.S. military possesses the most advanced defense technology in the world —hence the superpower status —but many of the designs of major military machines such as ships, fighter jets...

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