Expected to be completed by Jan. 1, the merger would see DCU, the largest credit union in Central Massachusetts, and First Tech form a $28.7-billion credit union, according to a Tuesday press release from DCU.
Westborough-based defense optics manufacturing firm Kopin Corp. has entered into a securities purchase agreement for private investment in company shares expected to raise $41 million.
The prospect of a shutdown comes as Massachusetts is navigating significant fiscal complexity. The Legislature passed a stream of funding bills earlier this year to address shortfalls in the fiscal 2025 budget, and the state's $61 billion fiscal 2026 budget signed by Gov. Maura Healey this summer relies heavily on federal dollars.Â
The Devens headquarters of Commonwealth Fusion Systems has been sold for $74 million by a Boston-based real estate investment firm to two investment groups.Â
Gov. Maura Healey has been applying a full-court press to pass a $400 million bill aimed at strengthening Massachusetts’ research and innovation economy, but lawmakers have left the governor's plans for a "transformative investment" idling in the seven weeks since Healey proposed it.
Framingham State University’s STEM, students, faculty, and academic programs just received a major boost in funding as a former university professor and his wife have pledged more than $2 million to the Central Massachusetts school.