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Manufacturing
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Mass. Unemployment Stays At 6.7%
March 7, 2013Unemployment in the Bay State remained unchanged in January, holding at 6.7 percent, according to the U.S. Bureau of Labor Statistics (BLS). Meanwhile, the state added 16,100 jobs during the month.
March 7, 2013
Don Romine, President And CEO Of Web Industries In Marlborough
March 4, 2013Web Industries has been in business for more than 40 years, and Don Romine has been with the company for most of that span, now as its president and CEO.
March 4, 20132 Central Mass. Biotech Firms Get Tax Breaks
February 28, 2013Two Central Massachusetts companies are among 25 in the state to receive tax incentives from the Massachusetts Life Sciences Center (MLSC) in 2013.
February 28, 2013HeartWare Pumps Up Sales, But Losses Climb
February 27, 2013Framingham-based HeartWare International, which makes heart pumps and other devices for patients suffering from advanced heart failure, saw its revenue climb 42 percent to $32.7 million in its fourth quarter ended Dec. 31.
February 27, 2013Survey: New Tax Drives Up Medical Device Prices
February 22, 2013More than 40 percent of medical device companies expect to increase prices in response to an industry tax that took effect last month, according to a survey by a Texas-based consulting firm.
February 22, 2013Mass Megawatts Nets First Sale Of Wind Generator
February 22, 2013Worcester-based Mass Megawatts, a publicly traded wind turbine maker, said it has sold its first wind electric power generator.
February 22, 2013
Nypro Adding 100 Jobs In Clinton
February 18, 2013Two weeks after it announced it had reached an agreement to be sold to a Florida firm, Nypro Inc. said it plans to add 100 employees at its home base in Clinton to meet growing demand for its health care products.
February 18, 2013
Legacy Of Nypro's Lankton Is One Of Hard Work, Generosity
February 18, 2013The recent announcement of the intended sale of Nypro Inc. may have cost Central Massachusetts the headquarters of another large manufacturing firm, for some, perhaps, reminiscent of the sale of Worcester's Norton Co.
February 18, 2013
What Led Nypro To Sell To Jabil?
February 18, 2013You'd be hard pressed to hear a more reassuring message stemming from a corporate acquisition than the tone struck this month by Jabil Circuit, the Florida-based company that has agreed to buy Nypro Inc. of Clinton for $665 million.
February 18, 2013
IPG Revenue Soars 19% For 2012
February 15, 2013IPG Photonics of Oxford continued to rake in revenue in 2012, reporting a 19-percent top-line gain for the year, and 17 percent for the fourth quarter.
February 15, 2013Gardner's Precision Optics' Losses Widen
February 15, 2013Gardner-based Precision Optics Corp. increased its sales in the second quarter by 1 percent, but its losses nearly doubled due to several settlements with investors, it reported this week.
February 15, 2013Coghlin Expands Support Function Globally
February 12, 2013Having hired a director of global field service operations, Coghlin Cos. of Worcester will expand its national field service and support group globally, the contract manufacturing and engineering firm announced today.
February 12, 2013Cognex Sets Annual Revenue Mark
February 12, 2013Machine sensor manufacturer Cognex Corp. of Natick established an annual revenue record for 2012, taking in $324.3 million, despite a slight drop in its fourth quarter compared with the same three-month period in 2011.
February 12, 2013
AMSC Looks Ahead After Trimming Losses
February 12, 2013AMSC, the Devens company formerly known as American Superconductor, saw its losses shrink in its third quarter – three months that included a 25-percent reduction of its workforce.
February 12, 2013
Cybex Goes Private In Buyout
February 7, 2013Medway-based fitness equipment maker Cybex International will be going private after shareholders approved a purchase of outstanding shares of common stock Wednesday to the company's largest shareholder.
February 7, 2013AIM: Business Confidence Passes 'Neutral'
February 5, 2013Business confidence ticked up in January, as employers saw Congress tackle federal fiscal issues, according to The Associated Industries of Massachusetts (AIM), which saw its Business Confidence Index rise 2.6 points, to 50.4.
February 5, 2013
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