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Movers & Shakers for May 29, 2023

People are on the move at ERA Key Realty, Cunningham Equities, and more Central Massachusetts businesses.

🔒Natick firm building a Devens facility to clean up use of the most abundant element in the universe: hydrogen

Electric Hydrogen is opening a manufacturing facility in Devens to begin building its advanced electrolyzers, which can run off of renewable energy thanks to technological advances the company has made.

🔒Electric utilities increase efforts to fill key jobs amid wave of generational retirements

Ahead of a major expansion of the electric grid and in the midst of generational retirements, utilities are working to fill positions key to keeping the lights on and hitting the region’s renewable energy goals

Devens building leased to R&D firm sells for $11M to Tennessee-based investors

A Devens industrial building on seven acres at 53 Jackson Road was sold on May 15 to a Tennessee firm for $11 million, according to the Worcester District Registry of Deeds.
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CCC agrees to faster approach on cannabis cafes

Cannabis regulators voted Monday to overhaul their approach toward rolling out social consumption locations, sometimes referred to as marijuana cafes, that voters embraced in the 2016 ballot question legalizing recreational marijuana use.

Kraft Group companies open two new facilities in Boylston

Worcester-based packaging manufacturer Rand-Whitney Container opened its new 384,000-square-foot manufacturing facility in Boylston on Thursday.

Q&A: Marlborough brewery says navigating COVID helped set it up for future success

Lost Shoe Brewing and Roasting celebrated the fourth anniversary of its founding on May 11. With that in mind, the owners of Lost Shoe sat down with WBJ to talk about what they’ve learned and what they’re looking forward to.

Waters completes $1.4B acquisition of California instrument company

Waters Corp. completed the acquisition of Wyatt Technology, a light-scattering and field-flow fractionation instrument, software, services, and accessories company based in Santa Barbara, California.
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🔒Q&A: Cold Harbor stays small in the beer market, and likes it

Will Oliveira has done this largely on his own. He got financing through Hudson-based Avidia Bank and built the state-of-the-art facility the way he wanted.

NCMDC loans $35K to hydraulic repair startup

The North Central Massachusetts Development Corp. has loaned $35,000 loan to startup Soto Hydraulic Repair in Winchendon for new equipment.
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