Fitch Ratings has given the City of Worcester high grades for more than $600 million in general obligation bonds, citing several factors in its assessment.
Quest Diagnostics, which increased its presence in Central Massachusetts within the last year, reported a 2-percent drop in revenue for its most recent quarter, and lowered revenue expectations by 3.5 percent for the year, the New Jersey-based medical laboratories services provider announced.
Medical device manufacturer Grove Instruments Inc. of Worcester has closed a $3.3 million offering of preferred stock that it says will help fund clinical testing of a new device.
About a year-and-a-half ago, executives at Chicago-based Toyoda Machinery USA determined it was time to make their entrance into New England, a region home to a healthy population of machine shops that historically had access to Toyoda's high-end machines through distributors. The point of entry would be a tech center and showroom.
Four Central Massachusetts firms have been named winners of economic impact awards, given annually by MassEcon, a nonprofit that helps promote business growth in the commonwealth.