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It may be an understatement to say that Oxford-based fiber laser manufacturer IPG Photonics' decision to move production of its fiber lasers in house has paid off.
The state's unemployment rate hit its highest level in nearly two years in July as the economy gained just 300 jobs, the U.S. Bureau of Labor Statistics (BLS) said.
Westborough-based Kopin Corp., which is transitioning its business model to a focus on wearable technology, today reported a drop in revenue for its second quarter, along with a larger year-over-year loss.
As New England continues to recover from the Great Recession, attention often turns to which sectors will become economic drivers.
The Worcester-based organization that helps Bay State manufacturers modernize and grow their businesses has struck an alliance with the U.S. Small Business Administration to help advance small businesses in the industry.
U.S. employment beat market expectations in July, adding 200,000 jobs, according to the ADP National Employment Report, which was released today.
Natick-based Cognex Corp. announced record quarterly revenue of $86.5 million for its second quarter, a 3-percent increase over the same period last year.
IPG Photonics of Oxford continued its financial roll as it posted a 22-percent increase in second-quarter revenue, fueled by continued strong demand for its high-power, fiber lasers for materials processing applications, the company said.
The North Central Massachusetts Workforce Investment Board has received $400,000 to help fund partnerships that will teach workers skills employers are seeking for jobs requiring more than a high school degree but less than a four-year degree.
The former president of Nypro Inc.'s largest division has been tapped as president, CEO and board member of a Connecticut manufacturer.
The Federal Trade Commission is challenging the proposed $1.7-billion acquisition of Saint Gobain's glass manufacturing subsidiary by Luxembourg-based Ardagh Group S.A.
Nearly five months after it announced plans to acquire Clinton-based Nypro Inc., Jabil Circuit Inc. said today that the deal is done.
The Chinese company that's embroiled in a legal dispute with Devens-based AMSC is now facing a federal indictment, accused of stealing trade secrets that caused AMSC to lose more than $800 million.
Elevation Brands, a Framingham-based maker of allergy-friendly and gluten-free foods, has signed a partnership deal with Boston-based Slade Gorton to become a bigger source of those types of foods for suppliers and restaurant operators, the
Cains Foods of Ayer, a long-time Massachusetts manufacturer of food products such as potato chips, salad dressings and mayonnaise, is being sold to an Illinois-based food manufacturer in a $35-million cash deal.