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Manufacturing
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Cybex agrees to pay $1.8M to settle suit
June 5, 2014Medway-based fitness equipment manufacturer Cybex International has reached a $1.8 million settlement of a class action lawsuit concerning the handling of its “going private” transaction completed in February 2013.
June 5, 2014
Raytheon wins $298M contract for Marlborough plant
June 3, 2014After a 12-year hiatus, Raytheon will once again design and engineer satellite communication networks for the U.S. Air Force out of its Marlborough facility.
June 3, 2014
Survey: Finding, training manufacturing workers easy for most
May 30, 2014Most Massachusetts manufacturers have little trouble finding or training qualified workers, according to the surprising results of a recent study.
May 30, 2014
Siemens to build copper rod equipment in Worcester
May 27, 2014German conglomerate Siemens Metals Technologies has inked a deal that will involve the engineering and manufacture of copper rod mills in Worcester.
May 27, 2014Worcester manufacturer receives bond, adds 20 jobs
May 22, 2014Worcester-based Dennison Lubricants has received a $4.2 million bond and plans to use the proceeds to expand and equip its facility, creating 20 new jobs in the process, according to an announcement Thursday.
May 22, 2014Precision Optics revenue climbs again
May 21, 2014Revenue continued an upward climb for Gardner-based Precision Optics Corp. in its third fiscal quarter, as the company narrowed losses for the year thanks to increased sales and lower research and development expenses.
May 21, 2014
Despite looming Intel loss, manufacturing base strong in Hudson
May 19, 2014News that Intel will halt manufacturing operations in Hudson after this year wasn't welcome — and it wasn't all that much of a surprise — but business and economic development leaders say it falls short of a blow to the local manufacturing landscape
May 19, 2014Profits up, sales down at Starrett
May 6, 2014Improved margins and lower expenses helped put tool manufacturer L.S. Starrett back in the black in the quarter that ended March 31, though revenue for the Athol-based company fell slightly.
May 6, 2014Cognex claims court win in patent case
May 5, 2014Cognex Corp. of Natick said a federal jury has ruled in the company's favor in a patent infringement lawsuit it brought against a Washington state firm last year.
May 5, 2014Cognex to buy back more stock
April 30, 2014Machine-sensor manufacturer Cognex Corp. of Natick will buy back another $50 million of its stock, following its launch of an existing $80-million repurchase program, the company announced.
April 30, 2014Acton's Psychemedics reports revenue gain
April 30, 2014Psychemedics Corp. of Acton reported a 9.5-percent gain in revenue for the first quarter, as the maker of highly sensitive drug tests prepares to move into the Brazilian market later this year.
April 30, 2014
IPG continues to ride growth track
April 29, 2014Fiber-laser maker IPG Photonics of Oxford reported first-quarter revenue growth of 20 percent and profit growth of 15 percent, the company announced today.
April 29, 2014Sales flat, profits down at Waters Corp.
April 29, 2014Slower growth in Asia and a delay in the release of corporate capital budgets in the United States resulted in flat revenue growth for Milford-based Waters Corp. in the first quarter, the laboratory instrument manufacturer said today.
April 29, 2014
Mercury Systems adds to workforce at new N.H. site
April 29, 2014Mercury Systems Inc. of Chelmsford has expanded its workforce in New Hampshire, with a new, state-of-the-art facility that houses production of specialized technology for its supercomputer systems used primarily in military vehicles. Mercury
April 29, 2014State's manufacturers get $1.4M federal boost
April 29, 2014Gov. Deval Patrick on Tuesday announced that his administration is funneling $1.4 million in federal funding to help manufacturers and other companies impacted by sequestration and cuts to the nation's defense budget.
April 29, 2014Experts brainstorm ways to hook youth on manufacturing
April 17, 2014Academic, business and political leaders brainstormed ways Wednesday to attract more young people into manufacturing, from improving education to tapping the awe-inducing capabilities of information technology.
April 17, 2014
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