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Marlborough

Boston Scientific closes $1.2B acquisition of California stroke prevention device maker

Boston Scientific, a Marlborough medical device manufacturer, has officially closed its acquisition of California medical device maker Silk Road Medical, almost exactly three months to the day since Boston Scientific signed its purchase agreement. 

Marlborough cannabis testing lab shutters, latest victim to industry struggles

A Marlborough cannabis testing lab has closed, as a former employee described the current state of the industry as a "house of cards."

Another IPG executive is set to depart this year, as new CEO looks to reverse stock price plummet

The chief technology officer of Marlborough-based IPG Photonics Corp. is heading to retirement, as the company’s new CEO looks to overcome falling stock prices and global demand issues.

🔒Q&A: Marlborough fire protection firm makes Inc. 5000

Platinum Fire was founded in 2010 by Robert Pereria, who built his career in fire protection systems. In the wake of the Great Recession, businesses started to reemerge, and construction became revitalized, opening the door for new structures in need of fire protection systems.
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Movers & Shakers for Sept. 2, 2024

Employees at Leominster Credit Union, MetroWest Medical Center in Framingham, and Mirick O’Connell in Worcester are making strides in their careers.

IPG Photonics sells Russian assets for $51M, ending 34-year presence in country where it was founded

Marlborough-based IPG Photonics Corp., a global laser manufacturing company founded in a Moscow basement laboratory in 1990, has sold its remaining assets in Russia, citing the impact of ongoing sanctions related to the country’s invasion of Ukraine.

Downtown Marlborough 92-apartment project receives $41.4M in private financing

The 92,000-square-foot building named Exchange Place is planned for the site of the closed Rowe Funeral Home.

Inc. magazine names 23 Central Mass. companies among fastest-growing in nation

Twenty-three Central Massachusetts businesses made the 2024 Inc. 5000, an annual list of the nation’s 5000 fastest-growing companies compiled by Inc. magazine.
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A year after former president’s resignation, UMass Memorial Medical Center close to hiring new leader

The year-long search for a new leader at Central Massachusetts’ largest hospital may soon be coming to an end.

CEO of Marlborough, Leominster hospitals resigns from UMass Memorial system

Steve Roach, the president and CEO of two UMass Memorial Health hospitals in Marlborough and Leominster, departed from the Worcester-based healthcare system in June.
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