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Manufacturing

IPG Photonics planning Marlborough expansion

Oxford laser manufacturer IPG Photonics is planning a Marlborough expansion after buying more than eight acres of mostly vacant land near its Marlborough facility.
Government & Politics

IPG appoints former competitor chief to board of directors

Oxford laser manufacturer IPG photonics has expanded its board of directors to 10 to make room for the former CEO of a competitor.
Economy

IPG acquires Brazilian company for $20M

Global laser-making giant IPG Photonics has purchased the submarine division of a Brazilian manufacturer for nearly $20 million.
Startups

Oxford’s Russian non-oligarch

Valentin Gapontsev, the founder and CEO of Oxford laser manufacturer IPG Photonics, sued the U.S. Treasury in December over his listing as a Russian oligarch.
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Government & Politics

Paying for growth: Tax breaks central to Central Mass. economic development

Communities have often used tax deals to help companies in what officials say is the most important tool they can use in economic development.
Economy

IPG CEO sues U.S. Treasury over Russian oligarch list

The Russian-American billionaire founder and chief executive of Oxford-based IPG Photonics is suing the U.S. Department of the Treasury for listing him as a Russian oligarch.
Economy

IPG CEO Gapontsev files lawsuit against Treasury for inclusion on Russian oligarch list

The Russian-American billionaire founder and chief executive of Oxford-based IPG Photonics is suing the U.S. Department of the Treasury for listing him as a Russian oligarch.
Government & Politics

Improvements coming: Transportation planning will upgrade Union Station, Kelley Square and outlying communities

A range of projects across Central Massachusetts are being undertaken with a goal in mind of helping economic development.
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Arts & Entertainment

Specialty industries: Biotech, cannabis, tariffs to highlight manufacturing in 2019

New and exciting industries continue to make their presence known in Worcester County.
Government & Politics

CCC to take oversight of medical marijuana

Beginning Dec. 23, oversight of the state's medical marijuana program will be transferred from state health officials to state recreational marijuana regulators.
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