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Manufacturing

Tree House fastest growing Mass. regional brewery in more competitive market

The craft beer market is becoming saturated and competitive, causing many breweries to report flat or negative growth, according to a report released the national trade group Brewers Association.

Boston Scientific closes on $465M purchase of Calif. biotech

Boston Scientific has closed on the $465-million acquisition of a California biotech about a month after announcing the deal that bolster’s the Marlborough medical device giant’s pain management offerings.

Following FDA approval, ReWalk commercializing stroke device

ReWalk Robotics hopes to eventually reach profitability after the U.S. Food & Drug Administration last week approved the ReStore, an exoskeleton system designed to help stroke patients rehab and eventually walk again.

Officials size up labor impacts of Raytheon-United deal

A day after Waltham-based Raytheon and the aerospace company United Technologies Corporation announced plans for a blockbuster merger, Gov. Charlie Baker said he does not yet know where in Massachusetts the new company will be located.
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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. 

ReWalk to raise $5M from institutional investors after FDA approval

ReWalk Robotics on Monday announced it will raise another $5 million from a sale of more than 833,000 shares to institutional investors on the heels of a key regulatory approval.

Raytheon, United Technologies merger to create $160B company

Waltham-based defense contractor Raytheon, with significant operations in Marlborough, is merging with Connecticut aerospace manufacturer United Technologies Corp.

Drew Barrymore partners with Marlborough medical device manufacturer

Another Marlborough medical device manufacturer is partnering with a celebrity to help market a new device intended to tone and strengthen and tone the abs, arms, and buttocks. 
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Mission MA, The Botanist get local approvals for recreational pot sales

Two current medical marijuana dispensaries, Mission MA and The Botanist, are one step closer to opening their doors to the recreational market in Worcester after gaining local approvals this week. 

Franklin manufacturing CFO gets two years in prison for fraud

A former CFO of a Franklin manufacturing company will spend two years in federal prison and must pay more than $1.7 million in restitution to victims and the government for his role in a scheme to defraud the company. 
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