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IPG Photonics planning Marlborough expansion

Oxford laser manufacturer IPG Photonics is planning a Marlborough expansion after buying more than eight acres of mostly vacant land near its Marlborough facility.

IPG appoints former competitor chief to board of directors

Zachary Comeau |

Oxford laser manufacturer IPG photonics has expanded its board of directors to 10 to make room for the former CEO of a competitor.

Marijuana grower appeals Charlton site plan denial

Zachary Comeau |

The proposed operator of a 1-million-square-foot cannabis cultivation facility is suing the Charlton Planning Board after it denied the company's site plan earlier this month.

Year ends with Central Mass. home sales down, prices up to $275K

Grant Welker |

Central Massachusetts ended 2018 with single-family home sales falling for the year and prices rising on a tight inventory.

IPG acquires Brazilian company for $20M

Zachary Comeau |

Global laser-making giant IPG Photonics has purchased the submarine division of a Brazilian manufacturer for nearly $20 million.

Oxford's Russian non-oligarch

Valentin Gapontsev, the founder and CEO of Oxford laser manufacturer IPG Photonics, sued the U.S. Treasury in December over his listing as a Russian oligarch.

Paying for growth: Tax breaks central to Central Mass. economic development

Grant Welker |

Communities have often used tax deals to help companies in what officials say is the most important tool they can use in economic development.

Central Mass. officials pushing federal opportunity zones incentive

Grant Welker |

For neighborhoods in Central Massachusetts overlooked by developers, there's a potential salvation: a new federal tax incentive program.

IPG CEO sues U.S. Treasury over Russian oligarch list

Zachary Comeau |

The Russian-American billionaire founder and chief executive of Oxford-based IPG Photonics is suing the U.S. Department of the Treasury for listing him as a Russian oligarch.

Gymboree liquidation to close four Central Mass. stores

Grant Welker |

The children's clothing store Gymboree has filed for bankruptcy and will close all of its stores, including four in Central Massachusetts.

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