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Manufacturing
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ISM: Manufacturing industry continues growing
December 1, 2014Manufacturing activity in the United States expanded for the 18th straight month in November while the overall economy grew for the 66th month in a row, according to the Institute for Supply Management's (ISM) monthly survey of supply chain
December 1, 2014PerkinElmer to buy Swedish firm
November 24, 2014Massachusetts-based medical device manufacturer PerkinElmer has agreed to acquire a Swedish firm that makes instruments to measure the quality of food, grain and flour.
November 24, 2014Precision Optics reports quarterly loss
November 14, 2014Despite the launch of new contracts for some of its products, Precision Optics of Gardner reported a net loss of more than $296,000 in its latest fiscal quarter, deeper than the $211,000 it lost in the same quarter last year.
November 14, 2014Leominster OKs TIF with Easy Pak
November 14, 2014Leominster officials this week approved a tax increment financing deal with plastics manufacturer Easy Pak. The privately held company plans an expansion that will add at least 15 new jobs.
November 14, 2014SeraCare hit with state environmental fine
November 11, 2014Medical device manufacturer SeraCare Life Sciences of Milford has been slapped with a $6,621 penalty over alleged violations of state hazardous waste management regulations, the Mass. Department of Environmental Protection (DEP) announced. During a
November 11, 2014North American sales boost L.S. Starret
November 6, 2014Solid North American business helped offset lower international sales for Athol-based tool manufacturer L.S. Starrett for its first quarter of 2015, which ended on October 30.
November 6, 2014MNI: Mass. manufacturing hindered by high business costs
October 29, 2014Industrial employment in Massachusetts grew at a slower clip between 2013 and 2014 than the national average, which Illinois-based trade publication Manufacturers' News Inc. (MNI) said is a result of high business costs in Massachusetts.
October 29, 2014IPG revenue, profits continue upward march
October 28, 2014IPG Photonics of Oxford turned in another stellar quarter as strong sales growth in Europe and China helped push revenue up 16 percent and net income 30 percent for the manufacturer of fiber lasers.
October 28, 2014Cognex turns in record quarter
October 28, 2014Machine sensor manufacturer Cognex Corp. of Natick reported its best quarter in its 33-year history, notching records in revenue, net income and earnings per share, thanks a more-than-double revenue gain from the factory automation market, the
October 28, 20143rd-quarter sales, profits jump at Waters
October 21, 2014Milford-based laboratory instrument manufacturer Waters Corp. reported an 8-percent jump in sales for the third quarter and a 15-percent rise in net income as the company cited broad-based demand from pharmaceutical companies for its products.
October 21, 2014Scoble appointed president of Hyde Group
October 20, 2014The Hyde Group of Southbridge announced Monday that Robert Scoble will serve as president of the international tool company.
October 20, 2014Precision Optics revenue hits a record
October 7, 2014Precision Optics of Gardner closed its fiscal year by reaching a sales record while reducing losses, the company said Tuesday.
October 7, 2014Study foresees continued medical technology growth
October 6, 2014The medical technology industry, a growing sector of the Massachusetts economy, is expected to grow at a 5-percent annual rate through 2020, according to a forecast from a market research firm.
October 6, 2014Hudson firm buys building, will move within town
October 6, 2014A Hudson machining and engineering consulting services provider will be moving elsewhere in town as it plans to expand.
October 6, 2014
Manufacturing Day celebrated by local companies
October 3, 2014Central Mass. companies were among more than 1,600 manufacturers that opened their doors across the country for the third-annual Manufacturing Day , according to the National Association of Manufacturers (NAM), which is spearheading the day of
October 3, 2014IPG to receive $750,000 tax credit
September 29, 2014IPG Photonics' 111,000 square foot expansion in Marlborough has been approved for $750,000 in tax credits through the state's Economic Development Incentive Program (EDIP).
September 29, 2014
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