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Manufacturing

  • MassMEP receives $400,000 grant to assist defense manufacturers

    Sam Bonacci June 24, 2015

    MassDevelopment has awarded the Massachusetts Manufacturing Extension Partnership (MassMEP) $400,000 toward outreach and training programs for defense manufacturers.

    Sam Bonacci June 24, 2015
  • Family businesses relocate to Hudson

    Sam Bonacci June 22, 2015

    The Acton businesses Boatzincs and Mach Machine will relocate to Hudson in a manufacturing building purchased by the owner of Boatzincs for $1.2 million.

    Sam Bonacci June 22, 2015
  • Leominster lures Vt. yogurt maker

    June 19, 2015

    A Vermont-based manufacturer of yogurt is relocating to Leominster and plans to add about 12 jobs over the next two years, according to MassDevelopment, the state's finance and development agency.

    June 19, 2015
  • Jabil records strong third quarter

    June 18, 2015

    Jabil Circuit Inc., the parent company of Clinton-based Nypro Inc., reported preliminary third-quarter net revenue of $4.4 billion on Wednesday. That is a 15 percent rise from the third quarter of fiscal 2014, when net revenue was $3.8 billion.

    June 18, 2015
  • Framingham, N.H. firms ink deal to deliver parts to key defense contractors

    Emily Micucci June 18, 2015

    The U.S. military possesses the most advanced defense technology in the world —hence the superpower status —but many of the designs of major military machines such as ships, fighter jets and submarines are decades old.

    Emily Micucci June 18, 2015
  • Business leaders: Worcester 'exciting city' despite tight regulations

    Rick Saia June 17, 2015

    Greater Worcester is a good place for businesses to operate, but a looser regulatory environment could make the region even better, especially in the face of an increasingly competitive global marketplace, according to four business leaders who

    Rick Saia June 17, 2015
  • Primetals upgrading Turkish wire-rod mill

    June 16, 2015

    Primetals Technologies is upgrading a wire-rod mill in Turkey to allow for expanded production.

    June 16, 2015
  • Precision Optics in partnership to develop medical camera

    June 16, 2015

    OmniVision Technologies is partnering with optical instruments maker Precision Optics Corp. (POC) of Gardner and Tokyo-based Fujikura to develop a tiny camera module for medical applications.

    June 16, 2015
  • Report: PFERD headquarters moving from Leominster to Milwaukee

    June 9, 2015

    Leominster-based manufacturer PFERD Inc. plans to consolidate its staff and operations at its Wisconsin facility, BizTimes of Milwaukee is reporting.

    June 9, 2015
  • Cognex to unload a division for $160M

    Rick Saia June 8, 2015

    Cognex Corp. of Natick is selling one of its divisions to a Pennsylvania firm for $160 million, the maker of machine sensors and barcode readers said Monday.

    Rick Saia June 8, 2015
  • Rick Saia June 8, 2015
  • Drones taking flight in Central Mass. businesses

    Sam Bonacci June 8, 2015

    As Maribeth McCauley Lynch walked the property of one of her latest listings in Westborough, the Realtor looked up to see a hawk floating above the rolling four-acre site, envying the bird's view. That perspective, she concluded, could help sell the

    Sam Bonacci June 8, 2015
  • Saint-Gobain expands YouthBuild Partnership

    June 3, 2015

    The French multinational materials company Saint-Gobain has announced the expansion of its YouthBuild partnership internationally with the extension of a $600,000 grant and the building of a school.

    June 3, 2015
  • Report: Mass. business confidence slides for 2nd straight month

    June 2, 2015

    The Associated Industries of Massachusetts (AIM) Business Confidence Index fell again in May, its second consecutive monthly decline after reaching a 10-year high in March.

    June 2, 2015
  • Old skills in a new era: Entrepreneurs ply industrial-era crafts and trades

    Sam Bonacci May 25, 2015

    With most consumer markets populated by mass-produced items that are cookie-cutter images of each other, entrepreneurs in Worcester are capitalizing on goods that emphasize customization and craftsmanship through the use of time-honored skills in a

    Sam Bonacci May 25, 2015
  • AMSC secures $8.5M Navy contract

    Sam Bonacci May 19, 2015

    AMSC has secured a U.S. Navy contract as the alternative energy company continues to diversify its client base.

    Sam Bonacci May 19, 2015

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Today's Poll

Should Madison Properties be forced to sell its Polar Park-adjacent land?
Choices
Poll Description

When City of Worcester and Worcester Red Sox officials announced in 2018 the plan to construct the Polar Park baseball stadium in the Canal District, a key part of the economic development effort was a partnership with Boston developer Madison Properties to redevelop five properties around the ballpark into residences, hotels, and office buildings, with openings scheduled to begin in 2021 when the stadium opened.

All five of those Madison projects are significantly behind schedule and only one has come to fruition -- the high-end 228-apartment complex The Revington -- although the Canal District has seen other non-Madison developments come online, including The Cove and District 120 apartment complexes. All developments in Central Massachusetts have faced headwinds since the start of the COVID-19 pandemic, including trouble obtaining affordable financing, shortage of materials and labor, and downturns in the commercial real estate and life sciences industries.

The slow development of the Madison properties was the main reason cited by City officials for why the City's plan to not use general taxpayer funds to pay for the $160-million Polar Park has failed. Members of the City Council have gone as far as to call for one key Madison property to perhaps be seized by eminent domain to make way for a new developer.