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The property was sold by Scannell Properties, an Indiana-based real estate firm that purchased the then-undeveloped parcel for $3 million in December 2021 from MassDevelopment.
A clean hydrogen facility under construction in Devens has been awarded a $46.3-million federal grant, weeks after the company behind the project raised $50 million in private financing.
Councilor Joseph Ferreira, a former police chief, said he still had "a lot of questions" and needed further investigation into potential "unknown ramifications" -- like ones that could pop up if the simple possession charge was coupled with another
After appointing her to the top job in 2022, Goldberg suspended O'Brien, a former state treasurer and the Democratic Party's 2002 nominee for governor, with pay in September. O'Brien's annual rate of pay is $181,722.
The L.S. Starrett Co., a publicly traded tool manufacturing company founded 144 years ago, plans to merge with a private equity firm and become a privately-held company.
Electric Hydrogen, a company with headquarters in Natick and California specializing in the clean production of hydrogen, has received $50 million in financing for a 187,000-square-foot production facility in Devens.
Central Massachusetts businesses in Worcester, Natick, and Hudson are among those benefiting from a Gov. Maura Healey Administration grant injecting $3.14 million into the state’s manufacturing industry.
State law and the CCC's regulations neither explicitly allow nor prohibit licensed marijuana stores from selling Lottery tickets. But the CCC has, by policy, limited the non-marijuana items its retailers can sell to marijuana accessories like pipes
Baxter purchased Hillrom, the Illinois-based previous operator of the Acton facility, for $10.5 billion in February 2022. At the time, Baxter said the move would help reach a broader global market.
Being a true business leader is much more than just understanding profits and losses, dealing with customers, creating a vibrant employee culture, or even growing your company.
In his own words, Ulysses Youngblood is relentless and obsessed. And those qualities have paid off for the entrepreneur. Just off Kelley Square, on a quiet street in Worcester's Green Island neighborhood, sits the fruits of years of his labor: Major
Coghlin Cos. is constantly fostering the most cutting-edge technologies, but its leader, Chris Coghlin, has never lost sight of his great-grandfather’s humble beginnings and puts building relationships with both clients and employees, known as
“It’s kind of sad when you see [co-workers] walking into the building looking like they’re on death row,” one employee said, “It wasn’t like this before.”
The primary use of the funds will be used to fund Boston Scientific’s purchase of Axonics, Inc., a $3.7-billion transaction the company announced in January.
Another Central Massachusetts cannabis company is in hot water over debt, as Grafton-based dispensary Discern'd Cannabis Purveyors has been sued for allegedly failing to make payments on a $100,000 loan.
The company plans on utilizing these funds to advance construction of a manufacturing facility in Kentucky.