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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.

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.

Central Mass. officials pushing federal opportunity zones incentive

For neighborhoods in Central Massachusetts overlooked by developers, there's a potential salvation: a new federal tax incentive program.

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.
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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.

Gymboree liquidation to close four Central Mass. stores

The children's clothing store Gymboree has filed for bankruptcy and will close all of its stores, including four in Central Massachusetts.

State rejects Charlton marijuana bylaw

A $100-million marijuana cultivation facility was handed another legal win Thursday as Charlton grapples with its proposed 1-million-square-foot cultivation facility.

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.
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The government shutdown is beginning to hurt the craft beer industry

If the government shutdown drags on much longer, Central Massachusetts breweries and beermakers nationwide could suffer the consequences.

Harrington Hospital closing pediatric unit

Harrington Hospital will close its inpatient pediatric unit at the end of March due to a low patient volume and instead transfer patients to UMass Memorial.
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