Manufacturing

Ascend Elements has secured $300 million in equity and debt financing, including $200 million in Series C equity investments. 

Delicious Dips, a bakery offering custom orders of cakes as well as a walk-in retail service featuring items like smoothies, has received a $30,000 small business loan from the North Central Massachusetts Development Corp. in Fitchburg.

Westborough electric vehicle battery recycling firm Ascend Elements has received $480 million in matching funds grant money to support the construction of the company’s new $1-billion facility in Kentucky.

The former Providence and Worcester Railroad headquarters at 75 Hammond St. in Worcester has been sold by the railroad for $1.85 million.

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Miach Orthopaedics, a bioengineering company headquartered in Westborough, has appointed Arjun Ishwar as its new vice president of sales and marketing.

Rotmans Furniture, Mattress & Accessory is going out of business. The iconic Worcester furniture store will shutter its doors later this year once all of its inventory is sold. 

Expunging criminal records for simple marijuana possession would be the "fastest, easiest, and quickest way" to deal with those convictions, not pardons like President Joe Biden recommended, Gov. Charlie Baker said Tuesday.

CMC, U.S., Inc., an affiliate of Italian aerial lift manufacturer CMC s.r.l., has leased a 19,527-square-foot industrial space at 137 Barnum Road in Devens.

Waters Corp., an analytical laboratory instrument company based in Milford, has invested $5.8 million in expanding its research and development center in Wexford, Ireland, to expand its mass spectrometry technology.