The latest Central Massachusetts business news
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Wednesday, July 19, 2017
 
Sevcon to be acquired for $200M
 
Southborough-based electric vehicle technologies provider Sevcon will be acquired for $200 million by Michigan auto parts supplier BorgWarner, an amount equal to a development contract Sevcon signed with a European manufacturer.
 
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MWCC launches vet tech degree
 
Mount Wachusett Community College is now accepting applications for a new veterinary technician program it says will help train people for high-demand jobs.
 
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NYC firm invests $108M in Virtusa
 
A year after making a major investment in an India information technology firm, Westborough's Virtusa then got a major investment of its own in May: a $108-million buy from a newly formed New York investment firm.
 
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Laddawn increasing sales through online design tool
 
Packaging materials manufacturer Laddawn is a few months into offering online product design services to customers, and so far, they’re taking off and boosting business.
 
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Framingham man gets 54 months for bank robbery
 
A Framingham man who robbed two banks last summer was sentenced to 54 months in prison Tuesday in federal court.
 
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No word yet on sales tax holiday
 
With August approaching, Massachusetts retailers and shoppers are still waiting to see if they'll be granted a two-day break from the state sales tax or if Beacon Hill will skip the popular holiday for the second straight year.
 
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Treasurer unsure if Mass. will see pot shops next summer
 
Treasurer Deborah Goldberg, set to play a key role in the rollout of a legal marijuana industry in Massachusetts, said Tuesday she has "no idea" whether legal pot shops will be open by next July, as envisioned by policymakers.
 
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Regional Roundup
 
 
The List: Top woman-owned businesses
 
Ranked by number of local employees
 
Federal Concrete Inc., Hopkinton 300
Coghlin Electrical Contractors Inc. & Coghlin Network Services, Worcester 200
E.T.& L. Corp., Stow 153
Atlas Travel & Technology Group, Marlborough 117
Right at Home - Eastern Worcester County 111
Source: Each company via survey and their websites.
To view more data, visit WBJournal.com
 
 
Most Read
 
Dell struggling after EMC purchase
 
 
Central Mass. doctors groups scooped up
 
 
Milford drug manufacturing facility expanding
 
 
Paris Cinema to be demolished for Worcester beer garden
 
 
Hudson sports toy maker files for bankruptcy
 
 
Sweet on Shrewsbury Street to close
 
 
Staples purchase contested on several fronts
 
 
Franklin wireless-tower company borrowing $20M
 
 
Pagano Media evolves with technology
 
 
 
 

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