The deal, announced in a Monday press release, seeks to accelerate Waters’ expansion into high-growth markets and deliver cost and revenue synergies.
Milford-based Waters Corp. has acquired Halo Labs, a California-based company, which creates specialized imaging technology to detect interfering particles in therapeutic products.
Milford-based Waters Corp. saw declining sales across markets in the second quarter of 2024, as the company disclosed it has scaled back its employee headcount, primarily in China.Â
The situation in Central Massachusetts, where 15.6% of named executive officers are female, largely mirrors the Massachusetts rate of 16.1% determined in a statewide census.
Waters Corp., a Milford-based manufacturer of scientific equipment, has opened a new global capacity center in Bengaluru, India, one of the company’s rapidly growing markets.
Worcester-based Hanover Insurance, Marlborough-based Boston Scientific, and Milford-based Waters Corp. have been named to the Human Rights Campaign Foundation’s Equality 100 Award list.
The myth that success is achieved solely through hard work and therefore poor people deserve their station in life because they don’t work hard enough is among the economic narratives sustaining racism throughout the economies of Central Massachusetts and the nation, according to the keynote speaker at WBJ’s Diversity, Equity and Inclusion Forum.
Milford life sciences firm Waters Corp. will lay off about 4% of its 8,200 employees worldwide, and most of the impacted Massachusetts employees will be at the Milford headquarters.
The U.S. News and World Report named 200 publicly-traded companies to its inaugural list of best companies to work for, and three Central Massachusetts companies made the list.