A local entrepreneur has posthumously left $29 million to five Worcester-area organizations, according to a statement from Worcester Polytechnic Institute, one of the recipients.
The board of directors for the Workers' Credit Union approved a payout of more than $2.5 million to members as a result of the credit union's performance in 2014, according to a news release Wednesday from the credit union.
Portland Ore.-based Electronic Scientific Industries Inc. (ESI) is leaving Chelmsford as part of a corporate restructuring aimed at improving operational efficiency, which also includes laying off 45 employees.
This week's announcement comes about 15 months after ESI moved an assembly plant and development center to Elizabeth Drive in Chelmsford from its former location in Bedford.
In its quest to run a publishing business based on a “zero-inventory model” that prints products on demand, Wisconsin-based printing giant Quad/Graphics Inc. plans to scoop up Chelmsford-based book manufacturer Courier Corp.
Courier, according to Quad/Graphics President and CEO Joel Quadracci, “has a legacy of superior quality and exceptional customer service, and is a well-known innovator in every aspect of book production.”
Quadracci's comments were made in a company statement Jan. 16, when Quad/Graphics announced plans to acquire Courier in a deal valued at $260 million.
The California Department of Corrections and Rehabilitation (CDCR) has deployed Chelmsford-based workforce management software maker Kronos Inc.'s TeleStaff software solution to manage scheduling for 34 institutions and a contract facility, according to a company statement released Wednesday.
In the spirit of Thanksgiving, Chelmsford visual data company Datawatch has released a seasonal demonstration that allows users to measure the nutritional content of their favorite Thanksgiving dishes, and learn fun facts about turkey production by state and how consumption has increased through the years.
Triton Systems, a Chelmsford product development and investment firm, has been tapped to collaborate with an Israeli company to develop cutting-edge water treatment technology that cuts costs to public- and private-sector users.
The collaboration was announced May 28 during Gov. Deval Patrick's recent trade mission in Israeli. And while Triton President and CEO Ross Haghighat was thrilled that his company was chosen to share $250,000 in funding through a competitive process, collaborating with Israeli firms is practically old hat for Triton.
Chelmsford-based Datawatch Corp. will bring its visual data software to the Middle East under a new partnership with a British company that has numerous affiliates in the region.
MDS Tech, a UK-based subsidiary of MiDis Group of Lebanon, will act as a distributor for Datawatch in Eastern Europe and the Middle East, according to a statement from Datawatch.
Mercury Systems Inc. of Chelmsford has expanded its workforce in New Hampshire, with a new, state-of-the-art facility that houses production of specialized technology for its supercomputer systems used primarily in military vehicles.
Mercury executives and New Hampshire officials celebrated the grand opening of the 72,000-square-foot building, the company's Advanced Microelectronics Center (AMC), on April 21.
There, Mercury Systems is designing and producing radio frequency (RF) and microwave technology components, which a spokesman described as “esoteric pieces of technology” that help build the systems used in both the defense and commercial sectors. Those include satellite communication and warfare applications.