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MNI: Mass. manufacturing hindered by high business costs

Emily Micucci |

Industrial employment in Massachusetts grew at a slower clip between 2013 and 2014 than the national average, which Illinois-based trade publication Manufacturers' News Inc. (MNI) said is a result of...

IPG revenue, profits continue upward march

Rick Saia |

IPG Photonics of Oxford turned in another stellar quarter as strong sales growth in Europe and China helped push revenue up 16 percent and net income 30 percent for the manufacturer of fiber lasers.

Cognex turns in record quarter

Rick Saia |

Machine sensor manufacturer Cognex Corp. of Natick reported its best quarter in its 33-year history, notching records in revenue, net income and earnings per share, thanks a more-than-double revenue...

3rd-quarter sales, profits jump at Waters

Rick Saia |

Milford-based laboratory instrument manufacturer Waters Corp. reported an 8-percent jump in sales for the third quarter and a 15-percent rise in net income as the company cited broad-based demand...

Scoble appointed president of Hyde Group

The Hyde Group of Southbridge announced Monday that Robert Scoble will serve as president of the international tool company.

Precision Optics revenue hits a record

Sam Bonacci |

Precision Optics of Gardner closed its fiscal year by reaching a sales record while reducing losses, the company said Tuesday.

Study foresees continued medical technology growth

The medical technology industry, a growing sector of the Massachusetts economy, is expected to grow at a 5-percent annual rate through 2020, according to a forecast from a market research firm.

Hudson firm buys building, will move within town

Rick Saia |

A Hudson machining and engineering consulting services provider will be moving elsewhere in town as it plans to expand.

Manufacturing Day celebrated by local companies

Central Mass. companies were among more than 1,600 manufacturers that opened their doors across the country for the third-annual Manufacturing Day , according to the National Association of...

Gardner receives $200K grant for expansion project

Gardner received a $200,000 MassWorks grant Monday that will assist a $1.5 million expansion of New England Peptide (NEP) in the city’s Summit Industrial Park.

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