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Manufacturing

  • IPG sees better-than-expected numbers

    Rick Saia February 9, 2015

    IPG Photonics of Oxford expects fourth-quarter 2014 revenue and earnings per share to finish ahead of its expectations, the fiber-laser manufacturer said today.

    Rick Saia February 9, 2015

  • Starrett reports strong quarter

    February 6, 2015

    Toolmaker L.S. Starrett recorded net income of $2.4 million, or 35 cents per share, in the second quarter of its 2015 fiscal year, the Athol-based company announced Thursday.

    February 6, 2015

  • HVAC firm moves from Marlborough to Worcester

    January 27, 2015

    Temp Air Inc., which makes and installs temporary HVAC systems, has moved its Massachusetts operations from along the 495 belt in Marlborough to Worcester.

    January 27, 2015

  • 4th-quarter sales up 3% at Waters

    January 27, 2015

    Milford-based laboratory instrument manufacturer Waters Corp. reported a 3-percent bump in sales for the fourth quarter and a 6.8-percent increase in net income as the company cited organic sales growth and demand from pharmaceutical companies for

    January 27, 2015

  • Marlborough firm adds sales partner

    January 26, 2015

    Qualtre, of Marlborough, a manufacturer of acoustic wave motion sensors, has signed a sales agreement with a Tokyo firm that will help expand Qualtre's market, the company announced.

    January 26, 2015

  • Quad/Graphics hopes for transformation through $260M Courier deal

    Emily Micucci January 22, 2015

    In its quest to run a publishing business based on a “zero-inventory model” that prints products on demand, Wisconsin-based printing giant Quad/Graphics Inc. plans to scoop up Chelmsford-based book manufacturer Courier Corp. Courier, according to

    Emily Micucci January 22, 2015

  • Rotmans leader launches new firm

    January 22, 2015

    The head of Rotmans Furniture in Worcester has launched a Boston-based distribution company that aims to sell eco-friendly materials and components for the home furnishings, apparel and other markets.

    January 22, 2015

  • Cogmedix opens new Worcester HQ

    Emily Micucci January 21, 2015

    Medical device manufacturer Cogmedix, a subsidiary of Worcester-based Coghlin Cos., announced the opening of a new headquarters on Briden Street in Worcester.

    Emily Micucci January 21, 2015

  • MWCC launching advanced manufacturing program

    January 19, 2015

    Mount Wachusett Community College (MWCC) will launch a six-week training program in advanced manufacturing next month at its Devens campus, and is recruiting students, the Gardner-based school announced.

    January 19, 2015

  • Sunovion files patent infringement lawsuit

    January 16, 2015

    Sumitomo Dainippon Pharma Co. Ltd. and its U.S. subsidiary, Sunovion Pharmaceuticals Inc. of Marlborough filed patent infringement lawsuits Wednesday related to its antipsychotic drug Lutuda.

    January 16, 2015

  • New life on tap for Framingham's old Dennison complex?

    Emily Micucci January 15, 2015

    Town officials are intrigued by a proposal to expand Framingham's only brewery, Jack's Abby Brewing, inside a building formerly occupied Dennison Manufacturing Co., the paper products manufacturer that was once the town's economic engine. Jack

    Emily Micucci January 15, 2015

  • Harvard Bioscience acquires German firm

    January 8, 2015

    Harvard Bioscience of Holliston has acquired HEKA Electronik, a privately held, Germany-based biomedical instrumentation and software business. The acquisition was for approximately $6 million in cash, Harvard Bioscience announced Thursday.

    January 8, 2015

  • Siemens begins joint venture with Tokyo firm

    Emily Micucci January 7, 2015

    Siemens AG said Wednesday it has closed a deal to begin a joint venture with Tokyo-based Mitsubishi Heavy Industries Ltd. (MHI), under a new company, Primetals Technologies Ltd. of London.

    Emily Micucci January 7, 2015

  • Briefing: The end for AstraZeneca plant

    January 5, 2015

    AstraZeneca announced last month that it will close its manufacturing plant in Westborough by the end of 2015.

    January 5, 2015

  • EasyPak's Leominster expansion approved

    January 2, 2015

    EasyPak of Leominster has gotten the state's go-ahead to double the size of its 21,000-square-foot building.

    January 2, 2015

  • Charting new courses and moving ahead

    Rick Saia December 29, 2014

    The year we're about to leave - for some, maybe forget - saw several noteworthy business-related events in Central Massachusetts, but here's our consensus selections for the top five stories of 2014. As a staff, we unanimously agreed on the top

    Rick Saia December 29, 2014

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Today's Poll

Should Madison Properties be forced to sell its Polar Park-adjacent land?
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.

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