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Northborough

Westborough apartments sold for $83.75M

Three Westborough apartment buildings, known collectively as the Fountainhead Apartments, were sold for $83.75 million, according to records held by the Worcester County Registry of Deeds.

Northborough IT firm makes N.Y. acquisition

Baesis, a Northborough technology products and services vendor for manufacturers, announced it has acquired an upstate New York consultancy that will allow it to expand into the Buffalo and Syracuse areas.

Wegmans pushes to serve alcohol in Northborough

Wegmans is pushing for a change in state law so it can serve alcohol at its Northborough Crossing store.

Northborough Crossing made way for mixed-use sports complex

Developers of the planned New England Baseball Complex under construction at the junction of routes 9 and 20 in Northborough are watching a vision come to life. And although the impetus for the project, in the works for several years, was a desire to create a true home base for the youth baseball team known as the New England Ruffnecks, it has the makings of a successful retail destination in its own right, according to Jason Kosow, chief financial officer at New England Baseball Enterprises, the developer.
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Developer announces $25-million Northborough baseball complex

Developers announced the soft opening of a $25-million baseball complex at the junction of Route 20 and Route 9 in Northborough this summer, which will be home to the New England Ruffnecks Baseball program.

FDA rejects Genzyme’s MS drug

Federal regulators formally rejected Genzyme's multiple sclerosis (MS) treatment over concerns about trial design and potentially serious side effects, the Cambridge-based drug maker said Monday.

Genzyme Puts Up $22.3M To Settle With Whistleblower

Cambridge-based Genzyme has agreed to pay $22.28 million to resolve allegations brought by former employees that the biotechnology giant marketed an inappropriate use for a surgery medication, the U.S. Department of Justice said.

WSJ: BJ’s Owners Weigh Bid For Hess Stations

The owners of BJ's Wholesale Club are interesting in buying Hess Corp. gas stations, the Wall Street Journal reported Tuesday, citing sources familiar with the potential deal.
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FDA Slams Genzyme’s MS Drug

U.S. regulators said Friday that the risks from a multiple sclerosis (MS) drug developed by Cambridge-based Genzyme might outweigh its benefits and recommended against the drug's approval.

Northborough Lender Marks First Expansion Beyond New England

A Northborough company that provides lending services for people who buy mobile homes, will expand outside New England, establishing operations in Maryland, Delaware and New York. Chris Schofield, who founded Priority Funding in 2003, made the decision to grow to the south and west after maximizing the company's potential in New England. Schofield said Priority Funding has serviced about 3,500 loans for its clients, who provide financing on mobile homes built on leased land, and now he sees great potential to grow the business outside the region.
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