Chelmford-based workforce management firm Kronos Inc. announced financial results for the first quarter of 2014 that included an 18-percent increase in earnings and a revenue gain of 9 percent over fiscal 2013.
The private company said in a statement that revenue totaled $243.4 million, while earnings before interest, tax, depreciation and amortization (EBITDA) were $78.7 million.
Since the Great Recession of 2009, business tenants in Greater Boston, including MetroWest towns along Interstate 495, have enjoyed low commercial rents and the upper-hand in negotiations with landlords. But is that starting to change?
It's highly possible, according to data released this month in indSTATus, the industrial real estate market publication by TranswesternRBJ, the Boston-based commercial real estate firm that services clients between Boston and the 495 corridor.
The 495 North submarket, which has struggled with office vacancy and offered lease rates well below those found in neighboring regions, showed signs of improvement in the third quarter of 2013, according to Boston commercial real estate advisory firm Richards Barry Joyce & Partners (RBJ).
Datawatch Corp. of Chelmsford keeps its edge in the business analytics software industry by offering a scope of services that eclipses those offered by other software firms, and its recent move to acquire a Swedish software company Panopticon Software's will widen its lead on competitors, President and CEO Michael Morrison said in a recent interview.
Business tenants looking for commercial office space often look to MetroWest as an affordable alternative to Boston that's still highly accessible and close to all the right amenities.
Energy and Environmental Affairs Secretary Rick Sullivan on Friday announced that the towns of Carlisle, Chelmsford and Medway will participate in the first round of the 2013 Solarize Mass program, its state-sponsored program designed to encourage the adoption of small-scale solar projects.