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Manufacturing

PerkinElmer to buy Swedish firm

Rick Saia |

Massachusetts-based medical device manufacturer PerkinElmer has agreed to acquire a Swedish firm that makes instruments to measure the quality of food, grain and flour.

Precision Optics reports quarterly loss

Despite the launch of new contracts for some of its products, Precision Optics of Gardner reported a net loss of more than $296,000 in its latest fiscal quarter, deeper than the $211,000 it lost in...

Leominster OKs TIF with Easy Pak

Leominster officials this week approved a tax increment financing deal with plastics manufacturer Easy Pak. The privately held company plans an expansion that will add at least 15 new jobs.

SeraCare hit with state environmental fine

Rick Saia |

Medical device manufacturer SeraCare Life Sciences of Milford has been slapped with a $6,621 penalty over alleged violations of state hazardous waste management regulations, the Mass. Department of...

North American sales boost L.S. Starret

John Agoglia |

Solid North American business helped offset lower international sales for Athol-based tool manufacturer L.S. Starrett for its first quarter of 2015, which ended on October 30.

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.

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