Manufacturing

The Herb Chambers Cos., the Somerville-based automotive retail and service firm with ten locations in Central Massachusetts, has finalized its sale to Atlanta-based Asbury Automotive Group for $1.45 billion.

Natick machine vision firm Cognex has named a new CEO and president, following the retirement of the $915-million public company’s longtime leader, Robert Willett.

The deal, announced in a Monday press release, seeks to accelerate Waters’ expansion into high-growth markets and deliver cost and revenue synergies.

The integration of MYDISPLAYSOURCE will bring aboard the firm’s clients in the technology and security sectors and provide expanded resources to BlueHive.

The firm is expanding its facility in Devens after designating the site as the company’s headquarters in March.

Employees at ERA Key Realty Services, First Financial Trust, and Seder & Chandler are making moves in their careers.

A factory on Southbridge Street could be key in unlocking a faster and more cost-effective way to fight the housing crisis: modular construction.

In addition to considering mergers, local beer firms have begun to explore expanding their offerings to stay competitive.

Metal Supermarkets offers 8,000 shapes and grades of metal, tailored to customers’ specific needs.

Loewald’s departure comes after the CFO of the company resigned in May, after it reported a net loss of $12.4 million from fiscal 2024.