Oxford

A 2019 WBJ investigation into the gender breakdown of the leadership at 75 Central Massachusetts prominent business organizations found 35% were women, an increase from 33% in 2018. This year, the percentage went backward.

A tough year is in the books for Oxford laser manufacturer IPG Photonics as the company reported a fourth quarter loss.

Steven Duvarney, 52, of Lancaster has been re-elected as chairman and Brian Galonek of Sturbridge as vice chairman to bankHometown's board of directors.

Henry Gauthier has retired from the Oxford laser manufacturer IPG Photonics Corp. board of directors.

About a week after the Oxford laser manufacturer announced it would eliminate 300 jobs, a top executive at IPG Photonics sold $290,980 worth of his stock in the company.

Oxford laser manufacturing IPG Photonics’ stock plummeted 13% Tuesday following a disappointing earnings third quarter report in which the company announced it will lay off 300 people from its global workforce.

Massachusetts marijuana producer and retailer Curaleaf is now closer to being able to sell its own recreational marijuana to consumers after being awarded final licenses for manufacturing and retail operations.

The U.S. Department of the Treasury has backtracked from its designation of IPG Photonics CEO Valentin Gapontsev as a Russian oligarch after the two sides settled a lawsuit brought by the Russian-born physicist.

The family of Russian-American billionaire and Central Mass. executive Valentin Gapontsev is one of the wealthiest in Russia, according to a new ranking by Forbes magazine. 

Wakefield cannabis company Curaleaf, with a majority of its operations in Central Massachusetts, has been fined a record $250,000 by the state Cannabis Control Commission after failing to disclose a change of ownership.