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International Trade

Mass. business confidence slides with tariffs, wage increase

State House News Service |

Confidence among Massachusetts employers took a dive in June, dropping more than five percentage points as businesses begin to see "a perfect storm" of issues on the horizon.

AMSC, Chinese firm agree to $57.5M settlement over IP theft

Ayer wind turbine controls manufacturer AMSC has reached a $57.5-million settlement with China-based Sinovel to settle disputes over Sinovel's stealing of trade secrets.

CCL Industries completes $255M acquisition

CCL Industries, a Toronto label manufacturer with a large corporate presence in Framingham, has completed its acquisition of a label maker for $255 million.

Curtis Industries feels sting of Trump's tariffs

Several Central Mass. manufacturers, including Curtis Industries, have said their costs are skyrocketing due to President Donald Trump's 25-percent tariffs on steel imports.

MBTA outpaces repair spending goal by $200M

State House News Service |

The MBTA in fiscal 2018 has awarded $639 million in new construction contracts addressing the system's repair needs, according to Assistant General Manager for Capital Delivery Beth Larkin.

Movers & Shakers

RYAN LANDRY is the new assistant vice president and senior consumer loan underwriter for UniBank. Landry, who in his new role is responsible for overseeing consumer loans...

Baker signs $623M life sciences bill

Zachary Comeau |

Gov. Charlie Baker on Friday signed a $623-million life sciences bond bill to provide funding for education, research and development and workforce training for the industry.

Mevion Medical closes $150M investment

Littleton imaging device company Mevion Medical Systems has closed on $150 million in financing primarily from a Chinese pharmaceutical investment firm and private equity investors.

Acacia Communications awaiting OK to resume business with sanctioned Chinese firm ZTE

Zachary Comeau |

Maynard telecommunications equipment manufacturer Acacia Communications has released its first public statement on ZTE Corp. since the Trump administration announced a $1.4-billion settlement.

Senate to take up clean energy acceleration

State House News Service |

Utilities would need to ramp up renewable energy purchases, the state could expand its support of offshore wind, and commercial solar endeavors would be freed from restrictions, under legislation the...

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