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AMSC

AMSC buys New Jersey firm as part of $61M deal

AMSC seeks to bolster its growing presence in the defense sector through the $61.4-million purchase of a NWL, a New Jersey-based firm.

TJX executive tops list of highest-paid Central Mass. CEOs for third consecutive year

Ernie Herrman, president and CEO of The TJX Cos. in Framingham, was the highest-paid CEO among Central Massachusetts public companies for fiscal 2023.

Following Insulet resignation, no Central Mass. public companies are led by a female CEO

When Shacey Petrovic stepped down as CEO of Acton medical-device company Insulet in May for personal reasons, she left Central Massachusetts without a single public company headquartered here, traded on NASDAQ or New York Stock Exchange, with a woman as CEO.

AMSC signs deal to strengthen Chicago electric grid

American Superconductor Corp. an energy and power company based in Ayer, announced on Tuesday a partnership with Chicago electric utility Commonwealth Edison Co.
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Third-quarter revenues up 27%, but AMSC lands in red

Third-quarter revenues at AMSC increased by 27% to $17.9 million, the company announced late Wednesday.

AMSC lost $8.4M in Q4

Ayer energy systems manufacturer AMSC lost $8.4 million in the last quarter of its fiscal year on $14.6 million in revenues. 

The Boardroom Gap: Central Mass. businesses slightly improve inclusion of women in leadership

Women continue to be vastly outnumbered by men at Central Mass. public companies, though improvement has been found in some areas.

AMSC profits $17.3M in Q3 after $25M legal settlement

Energy systems manufacturer AMSC reported a decline in third-quarter revenues but is eyeing future profitability after receiving the last $25 million from a legal settlement.
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AMSC collects final $25M payment over Chinese trade secret theft

A Chinese firm the U.S. Department of Justice said stole trade secrets from Ayer renewal energy firm AMSC has made its final settlement payment to the company.

AMSC nets $22.6M in Q2 thanks to $30M settlement payment

Thanks to the first settlement payment from a Chinese company accused of stealing the company's intellectual property, AMSC reported a 400-percent increase in second-quarter revenue.
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