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Manufacturing

Precision Optics losing $425K for the year despite 82% Q2 revenue bump

Optical instrument manufacturer Precision Optics said it raised quarterly revenues by 82 percent and 65 percent through two quarters, but the company was not able to turn a profit.

Cigna to cover ReWalk exoskeleton system

Marlborough medical device firm ReWalk Robotics said a major health insurer will take requests for coverage of exoskeleton medical devices for people with spinal cord injuries on a case-by-case basis.

Former Worcester shoe factory to be rehabilitated for U-Haul storage facility

A vacant 225,000-square-foot building and former manufacturing facility of the Melville Shoe Corp. is proposed to be repurposed as a U-Haul storage and retail facility in Worcester.

IPG increased profits 16% in 2018

Oxford laser manufacturer IPG Photonics was able to weather the storm of tariffs and other political factors and record a 16-percent growth in profits for 2018
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Wormtown to become official brewery of WooSox

Wormtown Brewery in Worcester will be the official hometown brewery of Boston Red Sox' top minor league team once Polar Park is built.

You’ll be able to taste baseball bats in Wormtown’s new beer

Wormtown Brewery in Worcester is celebrating becoming the official hometown brewery of the Worcester Red Sox by releasing Welcome to Worcester, $1.25, a unique beer aged with baseball bats.

WEDC recognizes Columbia Tech with innovation award

Westborough contract manufacturer Columbia Tech has received the Westborough Economic Development Committee's Innovation Award for the second time in four years.

Central Mass. chambers split over $400K in development funds

Four Central Massachusetts chambers of commerce have received more than $100,000 each in state funding to help with initiatives targeting small businesses.
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Rotman-led manufacturer resumes production of air purifier

Natural rubber latex firm Vystar, headed by Steve Rotman, is resuming the production of an air purifier about nine months after it acquired the technology.

Caroline’s Cannabis in Uxbridge will be state’s first woman-owned, small business retail store

The first mom-and-pop cannabis store in Massachusetts was awarded a final license from the state Cannabis Control Commission on Thursday.
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