Manufacturing

Multinational tech company Intel has sold the former site of its Hudson manufacturing facility for $12 million to a company specializing in real estate redevelopment.

Gardner optical manufacturer Precision Optics reported a low revenue quarter for the first of its fiscal 2024, which ended Sept. 30. Revenue for the quarter was down 15%, which the company attributed to purchaser reaction to a righting of the supply chain.

GreatNeck, a tool manufacturing company headquartered in New York, has sold a Millbury property containing three manufacturing buildings for $3.5 million.

An office building located on Route 9 in Westborough has been sold for $4.45 million to a Florida-based car-dealership mogul. 

After a ballot initiative to legalize medical marijuana was approved by Massachusetts voters in the 2012 election, finding a bank that was willing to provide services to a cannabis business was a bit like trying to buy marijuana before it was legal.

IPG Photonics, a Marlborough-based company that specializes in high-power fiber lasers and amplifiers, has announced a strategic...

Ameresco, reported $21.3 million in net income for the third quarter of 2023, falling below company expectations.

Marlborough’s ReWalk Robotics, a medical device company that manufactures a breakthrough exoskeleton for neurological injuries, will be included in Medicare coverage for 2024.

Eric Casey, a Worcester-based reporter who most recently founded the publication Burn After Reading to cover the cannabis industry, has been hired as the newest staff writer at Worcester Business Journal.

The City of Worcester has issued a request for proposals for a property in Worcester's Main South neighborhood it would like to see developed into a light manufacturing facility.