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IPG Photonics sells Russian assets for $51M, ending 34-year presence in country where it was founded

Marlborough-based IPG Photonics Corp., a global laser manufacturing company founded in a Moscow basement laboratory in 1990, has sold its remaining assets in Russia, citing the impact of ongoing sanctions related to the country’s invasion of Ukraine.

Worcester County sees biomanufacturing job growth as Eastern Mass. jobs decline

Worcester County gained 249 biomanufacturing jobs between 2022 and 2023.

Tourism destinations in Worcester, Medway, and North Grafton receive combined $93K from state

Three attractions in Central Massachusetts have received a combined $93,000 from the state’s Office of Travel and Tourism.

Life science industry see slower job growth, record lab vacancies as $1B state injection remains in limbo

With the state's commitment to the life sciences sector still tied up in an inter-branch dispute among Democrats, industry leaders acknowledged challenges on Tuesday including a record vacancy rate for lab space in Massachusetts, slower job growth, and a decrease in venture capital funding.
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MassDEP fines three firms $168K over environmental incidents in Central Mass.

The Massachusetts Department of Environmental Protection has fined three individuals and businesses with ties to Central Massachusetts, with the fines totaling $168,413. 

Steward watchdog appeals to keep Nashoba Valley ER open for extra 30 days

The independent watchdog keeping an eye on care at Steward Health Care hospitals urged the state, the company, and its lenders and creditors to take action to lessen the devastation that the looming closure of Nashoba Valley Medical Center in Ayer is having, and will continue have on people who live in the Central Massachusetts region.

WPI moving forward with plans to buy hotels for student housing, as Worcester officials ramp up pressure

WPI on Monday re-asserted its plans to buy two Worcester hotels, despite a pressure campaign against the move.

Nashoba Valley parent company expected to sign Mass. hospital deals Tuesday

None of the deals to transfer six Massachusetts hospitals from bankrupt Steward Health Care to other operators have been consummated and they remain under mediation, a Steward lawyer confirmed Thursday during a hearing in U.S. Bankruptcy Court.
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The Boston Globe: State’s plan to save six Steward hospitals could cost taxpayers $700M

Gov. Maura Healey's plan to rescue five bankrupt Steward Health Care hospitals could cost Massachusetts taxpayers $700 million by 2027, the Boston Globe reported Saturday, citing "people with direct knowledge of the bailout plan."

Outdoor cannabis farmers provide feedback to regulators

Mindful of how difficult it is to grow much of anything in the outdoor climate of Massachusetts, never mind growing a crop that is legal here but still entirely prohibited at the federal level, the Cannabis Control Commission traveled to Great Barrington on Thursday to hear from outdoor growers about the challenges they face.
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