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🔒Aspen Aerogels stung by EV market downturn, taking $6.3M loss in third quarter, as new CFO takes over

Citing the downtown in the United States’ electric vehicle market, Aspen Aerogels said it is looking to continue diversifying into other markets.

🔒Saint-Gobain receives $195K tax break for ongoing $120M Northborough R&D expansion

Saint-Gobain is continuing to expand its Northborough industrial research campus, having received a $195,000 tax credit from the state.

Aspen Aerogels hires Braintree executive to lead HR, compliance efforts

Deegan joins the firm from Altra Industrial Motion, a Braintree-based manufacturer of power transmissions.

State auctions off four Central Mass. properties to housing developers for $2M

Hoping to boost housing production in the state, the Gov. Maura Healey Administration has auctioned off four Central Massachusetts state-owned properties to private developers to convert the sites into housing.
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Chip Norton, owner of Mercantile Center, files for bankruptcy amid lawsuits, $70M in debt

Norton’s use of personal guaranties for business dealings potentially throws the future of key Downtown Worcester properties into question. 

Southborough firm buys Northborough nursing home property for $6M

Alliance’s existing facilities are located in Marlborough, Templeton, Braintree, Brockton, Foxborough, Peabody, Quincy, and Wrentham.

Chacharone buys Northborough flex building for $8.4M

The two-story building was sold for $8.4 million by an entity managed by AllCare Plus Pharmacy.

Coffee entrepreneur behind Aero Roasters planning to open second location in Marlborough

Peter Femino, a landscape architect and not a coffee drinker, stumbled into the coffee business, starting with a right-place, right-time opportunity. His design firm needed a café, and the idea of launching something new was appealing. 
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Northborough construction firm fined $744K over wage laws, misclassification of workers

A Northborough-based construction company and its president have been fined $744,224 for allegedly violating a number of employee rights laws impacting 101 workers. 

🔒Power 100: WBJ names the most influential professionals in 2025

The Power 100 edition is an annual report on how power is shared and expended in Central Massachusetts each year, as told through the 100 people who are most effectively wielding their influence, with a special focus on those creating change and bringing new ideas to the forefront.
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