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International Trade

Virtusa revenue up but income falls

Virtusa Corp., a Westborough business consulting and information technology company, saw revenue jump by 11 percent in the quarter ending June 30, but income fell by 40 percent.

Movers & Shakers

Clinton Savings Bank, Worcester Polytechnic Institute and Venture Community Services were among the eight organization announcing new hires and promotions.

Sharp profit drop for drug-testing firm Psychemedics

Psychemedics, an Acton drug-testing company, had flat revenue growth in the second quarter and saw profits fall by nearly half.

Riverdale Mills' border wall proposal moving forward

Riverdale Mills sells 80 percent of its Aquamesh product to lobstermen in Maine, and to other markets around the world.

Sevcon buys out Chinese partner for $5M

Sevcon, Inc. of Southborough has acquired the remaining 50 percent equity interest in a Chinese joint venture for $5 million, allowing Sevcon to capitalize on opportunities in China, a rapidly...

Worcester joins national climate mayors agreement

Laura Finaldi |

Following President Donald Trump's decision to pull out of the Paris Climate Accord, the city of Worcester reaffirmed its commitment to battling climate change locally by joining a national coalition...

Mass. leaders decry Paris withdrawl

State House News Service |

The United States will withdraw from the international agreement aimed at reducing carbon emissions to combat the effects of global warming and climate change, President Donald Trump announced on...

Simonds International announces Canadian merger

Simonds International, the Fitchburg supplier of wood cutting tools, announced Tuesday that it has merged with B.G.R. Saws, a Canadian company.

Mercury Wire advocates for U.S. manufacturing

Mercury Wire has designed and manufactured wire and cable solutions for more than 50 years. The company, which has 120 employees, is based in Spencer.

Brazilian market drive Acton drug tester revenues

Psychemedics, an Acton drug-testing company, saw revenue jump by more than 50 percent in the first quarter, driving profits to $1.5 million.

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