The parent group of Lonza Biologics will lay off most of its approximately 300 workers at its Hopkinton plant this year and gradually reduce operations there as part of cost reductions by the Switzerland-based pharmaceutical supplier.
When it comes to demand for rental housing, as Boston goes, so goes MetroWest, and developers are planning new apartment complexes throughout the region to take advantage of a rental boom.
In a move that EMC Corp. said reflects its confidence in its long-term business prospects and ability to generate consistent revenue, the Hopkinton-based data storage giant announced an increase in its share buyback program today.
Cost of living in the nine-town stretch of MetroWest between Hopkinton and Natick ranks above that of Boston, according to a report released last week by Framingham State University.
The school's MetroWest Economic Research Center (MERC) issued its cost of living index – which it gathers and shares with a national organization called C2ER that tracks national prices – last week at its 21st annual conference at the Verve Crowne Plaza in Natick.
Hopkinton-based information technology and storage giant EMC. Corp., the largest for-profit employer in Central Massachusetts, will eliminate 1,004 jobs this year as it terminates several property leases, it disclosed Friday in a public filing.
A123 Systems, which has sites in MetroWest, announced a rebranding of its advanced battery business in Westborough, five months after the company announced it would sell most of its assets to Chinese firm Wanxiang Group.