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Rentschler Biopharma grows leadership team to aid expansion

Rentschler Biopharma, a German contract development and manufacturing company with a growing presence in Milford, has added two newly created senior-level positions to its leadership team.

Boston movers buy second Worcester County property of the summer for $7.2 million

An entity registered to the owners of Piece by Piece Movers of Boston has acquired a 4-acre property including a 67,000 square-foot warehouse at 241 Willard St. in Leominster for $7.2 million.

Marlborough tech company closes $8M funding round

Raven360, a Marlborough software company that develops training programs for clients’ customers and potential customers, said it has closed an $8-million Series B funding round.

Framingham State to receive $1.7M for bilingual teaching residents program

Framingham State University announced on Thursday that it will receive $1.7 million over three years to fund a residency program in the city’s public schools from the Boston-based Massachusetts Service Alliance, a nonprofit state affiliate of the federal agency, AmeriCorps.
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Worcester area unemployment rate rose to 3.7% in June

The Worcester Metropolitan Statistical Area unemployment rate rose to 3.7% in June, up from 3.5% in May, according to Bureau of Labor Statistics data released by the Massachusetts Executive Office of Labor and Workforce Development on July 26.

Boston Scientific to acquire California manufacturer for up to $575M

Marlborough medical-device giant Boston Scientific Corp. will exercise its option to purchase remaining shares of California manufacturer Farapulse Inc. in a deal that, when settled, could total $575 million, the company announced in June.

Clinton Savings CMO named United Way of Tri-County board chair

Ellen McGovern, senior vice president and chief marketing officer of Clinton Savings Bank, has been named board chair of Framingham’s United Way of Tri-County as of Aug. 1.

TJX to pay $13M civil penalty for selling recalled products

The TJX Companies Inc. has agreed to pay a civil penalty for selling recalled products several years ago.
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Ascend Elements to invest up to $1B in new Kentucky facility

A Westborough manufacturing company plans to invest up to $1 billion for a new, 500,000-square-foot production facility it plans to open in Kentucky.

Central Mass. communities awarded $3.4M for pedestrian, bicycle safety

Communities in Worcester County and neighboring MetroWest communities received $3.4 million in grants from the Massachusetts Shared Streets and Spaces Grant Program for improvements benefitting pedestrians, cyclists, and riders of public transportation.
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