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International Trade
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Quebec real estate firm enters U.S. retail market with $16M buy of Stow shopping plaza
February 10, 2025Brasswater, a real estate development firm based in Westmount, Quebec, has entered the American retail real estate market with the purchase of the Stow Shopping Center for $16 million.
February 10, 2025
Virtusa names former leader of Hitachi subsidiary as CEO
February 6, 2025The former president and CEO of California-based GlobalLogic, a subsidiary of Japanese conglomerate Hitachi, Banga replaces former Virtusa leader Santosh Thomas.
February 6, 2025
TJX expands Framingham presence by purchasing two office buildings for $24.3M
January 27, 2025Framingham-based retail parent TJX Cos. has purchased two office parcels on Framingham’s Speen Street for $24.3 million.
January 27, 2025
Devens CEO tells World Economic Forum fusion technology will change energy as we know it
January 23, 2025Speaking at the global summit, which attracts some of the world’s most prominent leaders, Commonwealth Fusion Systems CEO Bob Mumgaard outlined the promise of fusion energy technology.
January 23, 2025
Future site of 260-unit, wooden-framed Milford apartment complex sells for $9M
December 30, 2024A plot of land in Milford has been sold for $9.1 million to a California-based residential developer, as the firm plans on teaming up with a Japanese firm to construct two all-wood residential buildings.
December 30, 2024
2025 Economic Forecast survey: Central Mass. business leaders show less enthusiastic optimism
Updated: December 23, 2024Central Massachusetts business leaders generally feel good about the economy, although they don’t feel great about it.
Updated: December 23, 2024
Ameresco to build $8M microgrid project in New Brunswick
December 17, 2024Ameresco, a Framingham-based company specializing in energy resiliency projects, is working with a city in New Brunswick, Canada, to construct a microgrid project involving what the company says will be the largest rooftop solar installation in At
December 17, 2024
WuXi construction resumes at delayed $300M facility as BIOSECURE Act stalls
December 12, 2024A pause in construction of the $300-million WuXi Biologics manufacturing facility at The Reactory biotech park in Worcester appears to be over.
December 12, 2024
Q&A: Christmas magic at Vaillancourt Folk Art
Updated: December 9, 2024Vaillancourt Folk Art is a tourist destination known for its handcrafted Christmas collectibles, but before becoming a well-recognized brand, the company had much humbler beginnings starting off in the Vaillancourt family basement.
Updated: December 9, 2024
IPG Photonics acquires German laser firm for $75M
December 3, 2024IPG Photonics Corp., a global laser manufacturing firm headquartered in Marlborough, has acquired German firm cleanLASER for approximately $75 million.
December 3, 2024
Q&A: Worcester native returns from London to help immigrant businesses
Updated: November 25, 2024While Asante was climbing the corporate ladder abroad, she decided to return home to her family in Worcester. Her goal has always been to use her legal acumen to benefit local business owners, especially immigrant entrepreneurs who defied the odds
Updated: November 25, 2024
Group of Mass. legislators head to Cuba for discussions around health care, humanitarian aid
November 15, 2024The trip comes as three major health care bills addressing hospital oversight, prescription drug pricing and access, and substance use disorder remain on the rocks with less than two months remaining in the two-year session.
November 15, 2024
Shrewsbury company partnering with USAID to establish coffee-focused academy for women and youth in African nation of Burundi
November 12, 2024The project is seeking to create 600 new jobs and increase exports to the United States by $400,000 by the end of 2026.
November 12, 2024
Large Eaton manufacturing site in Worcester sold for $14M to California-based real estate trust
October 18, 2024A factory utilized by Irish company Eaton Corp. has been sold for $14.44 million to a publicly-traded real estate investment trust.
October 18, 2024
IPG Photonics sells Russian assets for $51M, ending 34-year presence in country where it was founded
August 30, 2024Marlborough-based IPG Photonics Corp., a global laser manufacturing company founded in a Moscow basement laboratory in 1990, has sold its remaining assets in Russia, citing the impact of ongoing sanctions related to the country’s invasion of Ukraine
August 30, 2024
Flexcon hires first chief commercial officer, eyes global expansion
July 9, 2024Spencer-based adhesive manufacturer Flexcon has hired its first chief commercial officer to enhance its organizational priorities in order to expand into markets and territories.
July 9, 2024
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