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Polar CEO Crowley to become part owner of PawSox

Ralph Crowley Jr., president and CEO of Worcester manufacturer Polar Beverages, will become a part owner of the Pawtucket Red Sox as the team plans for its 2021 move to the Canal District.

Hemp industry backing CBD products legislation

A coalition of Massachusetts hemp farmers is supporting a new bill to clarify the ability to sell CBD products and says the state needs to do more to protect the hemp industry.

Worcester, Shrewsbury manufacturers win part of $3.3M state grant

Two Central Massachusetts manufacturers, along with 17 other startups in the state, will share part of a $3.3-million state grant.

Swissturn USA to expand as workforce nearly doubles

Six years after moving into a new Oxford facility, Swissturn USA is planning to expand.
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Acacia to be acquired by Cisco for $2.6B

Maynard telecommunications manufacturer Acacia Communications is being acquired by California telecom giant Cisco for $2.6 billion. 

Precision Optics acquires Texas firm for $2M

Gardner optical equipment manufacturer Precision Optics is acquiring a Texas-based Ross Optical for up to $2 million.

Paul Wengender’s journey from biotech to beer

Greater Good Imperial Brewing Co. in Worcester has quickly become one of Central Massachusetts’ most popular brands...

Acacia shares rise on Trump’s reversal of Chinese firm ban

Shares of Maynard telecom manufacturer Acacia Communications rose nearly 12% Monday after President Donald Trump said companies can sell equipment to Huawei, just weeks after the Chinese smartphone manufacturer was blacklisted by the U.S. government. 
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Gapontsev, Treasury reach agreement on oligarch suit

IPG Photonics CEO Valentin Gapontsev and the U.S. Department of the Treasury have reached an agreement on Russian-born and American citizen’s physicists complaint about being listed as a Russian oligarch.

Geometric startup looks to Worcester to help NASA, military

A three-person startup already boasting contracts with NASA and awards from the U.S. Army and National Science Foundation is looking to open a headquarters in Worcester. 
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