Manufacturing

You can define success in myriad ways: holding your ground; uncompromising ambition; the relentless pursuit of excellence; steady as she goes; staying a step ahead. The one thing shared in common by the most-heralded and well-run companies Worcester Business Journal has chronicled over 35 years is a bit of all these things.

As a 1979 Holy Cross graduate, I returned to Worcester in September of 1980 to start my publishing career in advertising sales.

In its second effort in October to boost working capital, Northborough-based manufacturer Aspen Aerogels is seeking to raise $85 million by putting an additional 4.25 million shares of its stock on the market. 

Two Central Massachusetts life sciences companies are expanding their presence in the state, committing to a total of 130 new jobs as part of a state tax incentive program designed to bolster the life sciences industry.

The site will continue to serve as the headquarters for Diamond Antenna and Microwave Corp.

A factory utilized by Irish company Eaton Corp. has been sold for $14.44 million to a publicly-traded real estate investment trust.

A 111,578-square-foot industrial building in Northborough has been sold for $19.1 million to Raith Capital Partners, a New York-based real estate investment firm. 

Westborough-based Ascend Elements has filed a lawsuit seeking $5 million in damages against the owner of a Devens building the company intended to turn into a manufacturing facility.

Aspen Aerogel’s efforts in developing technologies to reduce the risk from electrical vehicle fires will potentially receive a big boost from the federal government.

Two multistate cannabis companies with operations in Central Massachusetts, have been fined a combined $165,000 by the state’s Cannabis Control Commission for regulatory violations.