The latest Central Massachusetts business news
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Friday, June 9, 2017
Boylston starting to unleash sleeping giant of development
Boylston is in line for its largest project yet, a FedEx distribution center that the town says will be a nearly $90-million investment. At about 350,000 square feet, it's nearly twice the size of a typical Walmart Supercenter.
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Antiquarian society $18M construction underway
The American Antiquarian Society regularly scheduled Wednesday tours will be suspended starting next week as construction on its $18-million expansion begins.
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SeaChange posts 23% revenue loss but narrows profitability gap
Acton technology company SeaChange International saw its revenue decline by 23 percent in the first quarter and stayed in the red, even as it sharply narrowed its losses.
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Sevcon buys out Chinese partner for $5M
Sevcon, Inc. of Southborough has acquired the remaining 50 percent equity interest in a Chinese joint venture for $5 million, allowing Sevcon to capitalize on opportunities in China, a rapidly growing market for two- and four-wheel electric vehicles.
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BJ's enters South Carolina, its 16th state
BJ's Wholesale Club will have a grand opening Saturday for a new store in the Charleston, S.C., area, making South Carolina its 16th state.
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Worcester roofing company buys Providence business
A Worcester roofing contractor announced Friday it purchased a Providence company for an undisclosed amount in a deal that closed June 1.
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Boys & Girls Club received $65K in lighting upgrades
The Boys & Girls Club of Worcester used a $65,000 grant from the city of Worcester to upgrade its lighting system, a project that the nonprofit estimates will save it $28,000 a year in energy costs.
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Regional Roundup
Week in review
Assisted suicide case moving forward
A case involving two Barnstable County physicians that questions whether or not Massachusetts physicians should be allowed to provide medical aid to dying patients will move forward after a superior court judge rejected a motion to dismiss.
Highest-ever life science employment
Life science employment in Massachusetts hit an all-time high in 2016. The Mass BioEd Foundation estimated 68,000 people were employed in the sector last year.
Regional brewers honored
Wachusett Brewing Co. of Westminster and Jack's Abby Craft Lagers of Framingham were named two of the top regional breweries in the country by national advocacy group the Brewer's Association.
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Eversource buying Aquarion for $1.7 billion
Springfield construction firm opens Worcester location
Wachusett, Jack's Abby named top regional brewers
Pitcher leaving chamber for Fidelity
Holy Cross, Clark, FSU rebuff Trump, commit to climate accord
Realtor leasing office and medical building in Marlborough
Starbucks leases space in Milford Crossing
Mass. leaders decry Paris withdrawl
eClinicalWorks to pay $155M in settlement

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