Manufacturing

Two Worcester biomanufacturing leaders are teaming up to establish a $5.2-million bioindustrial manufacturing tech hub as part of a larger Massachusetts initiative to strengthen regional innovation ecosystems.

The BOB awards recognize the best business-to-business companies in Central Massachusetts: those dedicated to excellence and delivering exceptional products.

Citing the downtown in the United States’ electric vehicle market, Aspen Aerogels said it is looking to continue diversifying into other markets.

German manufacturer Physik Instrumente has opened a new U.S. headquarters in Shrewsbury, part of an attempt to improve its operations in the Americas and adapt to tariffs.

Five Central Massachusetts life sciences companies are splitting $5 million in tax incentives to create 245 jobs in the region.

The funding was facilitated by Massachusetts Technology Collaborative’s Center for Advanced Manufacturing, part of a wider $4.6-million effort across the state.

Insulet, the Acton-based medical device manufacturer and public company, has named a former global chair at multinational bank JPMorgan Chase to its board of directors.

Medical device manufacturer Hologic is going from a publicly traded company to a private business as the Marlborough-based firm is to be acquired for up to $18.3 billion.

Boston Scientific, a Marlborough medical device manufacturer, has entered into yet another half-billion-dollar purchase agreement, this time to acquire Nalu Medical, a California-based medical technology firm creating solutions for chronic nerve pain.

The funding cuts are the latest obstacle related to the Kentucky project Ascend will need to overcome.