Central Mass. South

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. 

Cannabis retailer Curaleaf has sold its Webster cultivation facility for about $9.4 million, more than double what it paid for the building just several months ago in January. 

Tree House Brewing Co. has made dozens of its coffee beers a regular option for retail sales and taproom tasting at its Charlton brewery. 

A subsidiary of Spencer-based adhesive coating manufacturer FLEXcon has moved its polymer aerogel production to its parent company’s headquarters. 

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. 

Tree House Brewing Co. is paying for a redesign of a small stretch of Route 20 in Charlton in response to ongoing traffic issues at its property. 

IPG Photonics CEO Valentin Gapontsev and the U.S. Department of the Treasury will in two weeks unveil details of their settlement expected to resolve the Worcester billionaire's lawsuit challenging his designation as a Russian oligarch.

Aquarion Water Company, the privately-owned utility servicing Oxford and Millbury and a subsidiary of utility company Eversource, has announced a change in leadership for its Central Massachusetts operations. 

IPG Photonics is far behind its pace last year, eporting a 12% decline in revenue and more than a 40% decline in profit for both the second quarter and first half of 2019 amid a challenging geopolitical environment. 

The Massachusetts marijuana giant Curaleaf, with significant operations in Central Massachusetts, said it has removed statements from its website and social media platforms identified as non-compliant by federal regulators.