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Herb Chambers offloads 10 Central Mass. facilities as part of larger $1.5B sale to Atlanta firm

The Herb Chambers Cos., the Somerville-based automotive retail and service firm with ten locations in Central Massachusetts, has finalized its sale to Atlanta-based Asbury Automotive Group for $1.45 billion.

Greater Worcester unemployment trended downward in June

As Greater Worcester’s unemployment continues to yo-yo, the region’s rate dropped in June.

Virtusa acquires New Hampshire firm to enhance AI capabilities

"Joining Virtusa allows us to leverage our telecommunications expertise with global delivery capability and reach a broader base of clients in the communications industry," Sincera CEO Sanjay Jain said.

Peak homebuying season brings more sales, higher prices to Central Mass.

The Central Massachusetts market for single-family homes is heating up, as June saw an increase in both total sales and median prices.
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Marriott hotel in Milford sold for $6.8M

Fairfield is Marriott’s value-focused brand, with fewer amenities and more affordable rooms than more premium Marriott brands, including Westin and Renaissance Hotels.

MetroWest Medical Center names its seventh CEO in eight years

Just over three months after the CEO of MetroWest Medical Center resigned from the role, the Framingham-based facility has selected Greg McFarland as its new leader.

Harvard Bioscience replaces retiring CEO, attempts to regain Nasdaq compliance

Jim Green will retire from his roles as chairman, president, and CEO of Harvard Bioscience on July 28.

Longtime Cognex CEO retires, president takes over

Natick machine vision firm Cognex has named a new CEO and president, following the retirement of the $915-million public company’s longtime leader, Robert Willett.
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Westborough firm lands part of $3B U.S. Army energy savings contract in Alabama

The contract, worth $3 billion and shared among 18 contractors, will see NORESCO assist with energy- and utility-related infrastructure improvements.

Waters to buy multinational firm’s bioscience division for $17.5B

The deal, announced in a Monday press release, seeks to accelerate Waters’ expansion into high-growth markets and deliver cost and revenue synergies.
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