Maynard

Construction firm JM Coull of Maynard has promoted two employees to top-level executive roles, and they will be part of the ownership team following the retirement of long-term CEO and co-owner Robert Hennessey, the company announced.

The Chinese automobile market is the fastest-growing in the world, as an ownership boom has boosted the number of cars on that country's roads from about two million in 1992 to more than 20 million in 2013, according to an analysis by Tsinghua University in Beijing. Naturally, that's leading to increased emissions and energy consumption. But it's also requiring a level of automation in traffic infrastructure systems, such as toll booths. And for companies like Stratus Technologies Inc. of Maynard, that's good news.

Maynard-based Stratus Technologies Inc. and Shanghai Hi-tech Control Systems Co. (HITE) are expanding their 10-year partnership, the companies said Wednesday.

Prudential Prime Properties has joined the Berkshire Hathaway HomeServices network and is now operating as Berkshire Hathaway HomeServices N.E. Prime Properties, the Maynard-based company announced.

Maynard pharmaceutical company Citius Pharmaceuticals said a merger between the former Citius Pharmaceuticals LLC and Trail One Inc. is now complete.

About seven of every 10 people – employed and unemployed – are actively looking for a new job, but only a few said they're willing to compromise on key benefits, according to a new survey by the job board Monster.

Maynard-Based JM Coull Inc. is slated to begin building a new two-story Collings Foundation Military Museum in Stow next month.

Firehouse Management LLC purchased an historic 16,950-square-foot Marlborough building on May 13 for $1.3 million, according to deed records.

Maynard-based software provider Stratus Technologies, Inc., is partnering with Arrow Electronics of Englewood, Colo., to expand its reach through Arrow's network of authorized resellers.

The credit rating for the parent company of Stratus Technologies has improved after the Maynard-based company announced it was being sold to a private equity firm.