Southborough manufacturer approved for U.S. soldier power device

Zachary Comeau |

A Southborough manufacturer of portable power solutions for military gear has been approved to begin full-scale production of a power management device for soldiers.

Sevcon shareholders approve $200M sale

Zachary Comeau |

Southborough manufacturer Sevcon has announced its stockholders have approved the company's $200-million sale to Michigan auto parts supplier BorgWarner.

Texas firm sells Milford power plant in $119M sale

Zachary Comeau |

Houston energy company Dynegy has sold its Milford and Dighton power plants to Starwood Energy Group Global for $119 million.

Woman indicted for stealing $30K from nonprofit

Zachary Comeau |

A Wayland woman and former treasurer at a Royalston nonprofit has been indicted for stealing $30,000 from the organization.

Food Hub has served as incubator for 16 tenants

Grant Welker |

In little more than a year, the Worcester Regional Food Hub in Shrewsbury has attracted 16 tenants.

Raytheon's test of missile tracking system successful

Zachary Comeau |

Defense contractor Raytheon announced a successful test of a missile tracking system at a military base in Hawaii.

Bose introduces new headphones, upgrades

Framingham-based audio and entertainment giant Bose has announced two new additions to its line of headphones.

Maynard tech firm offers augmented reality for Apple devices

A Maynard provider of 3D marketing and sales applications announced Tuesday it is now available on 340 million Apple devices for business-to-business brands.

MassDOT to build new Worcester location

Zachary Comeau |

A Waltham construction company and a Groton architecture firm have been chosen to build a 78,000-square-foot state Department of Transportation building in Worcester.

SCIEX appoints new president

Emily Micucci |

Life sciences analystics technology firm SCIEX announced last week the appointment of Inese Lowenstein as the Framingham-based company's new president.

Barron's ranks Westborough wealth management firm 27th in nation

Zachary Comeau |

Financial publication Barron's has ranked Westborough wealth management firm Grimes and Co. the 27th such firm in the nation.

Northborough real estate investor buys office space for $1.9M

A private local real estate investor has purchased 27,185-square-feet of office, warehouse and light manufacturing space in Northborough for nearly $1.9 million.

Milford becomes latest town to ban marijuana stores

Zachary Comeau |

Milford banned recreational marijuana shops on Tuesday, with 56.3 percent of town voters opting for a complete ban of any recreational marijuana establishments.

Raytheon scientist inducted into Internet Hall of Fame

Zachary Comeau |

A Raytheon scientist has been inducted into the Internet Hall of Fame for designing email and IP routing technologies.

Boston Scientific says device can predict heart failure

Marlborough biomedical firm Boston Scientific now has a device the company says can predict impending heart failure.

Median household income up in Central Mass.

Grant Welker |

Household income in Worcester County rose by 5 percent, or $3,542, last year, far surpassing growth in the city of Worcester but lagging behind Middlesex County.

California solar firm opens first Mass. site in Hudson

A national provider of solar energy technology and equipment is opening a warehouse and office space in Hudson.

Avidia Bank branching out beyond Hudson

Grant Welker |

The long-time Assabet Valley bank is riding the industry wave of expansion and growth.

Movers & Shakers

Main Street Bank, Women in Business, Inc., and Southbridge Credit Union are among the six companies announcing recent hires and promotions.

Area colleges offer more aid as tuition rises

Grant Welker |

The fall semester brings a new class of college students to campuses, but also a new group of students likely to go deep into debt to pay for their classes.

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