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Movers & Shakers for May 30, 2022

Milford Federal Bank, UniBank, UMass Memorial Health, and GFA Federal Credit Union are among those with recent hires and promotions.

California biotech buys $11M Marlborough warehouse with plans for $9M expansion 

Bioscience firm National Resilience, Inc. has purchased an eight-acre property in Marlborough for $11 million, as it is in the process of constructing an expanded facility on the site, according to the Middlesex South District Registry of Deeds.

Boston real estate firm buys $15.7M Westborough warehouses, wedding venue

A Boston real estate firm bought two expansive Westborough properties, one of which is used as a wedding venue, for more than $15.7 million, according to the Worcester South District Registry of Deeds.

Ameresco completes MassArt sustainability project

Framingham-based green energy company Ameresco has completed work on an energy and retrofitting project at the Massachusetts College of Art and Design in Boston.
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WBJ webinar: Relationships, financing & market insight are key to small biz success

Small business owners can grow and manage their companies successfully within the area’s economic landscape if they lean into the established support networks, have a keen understanding of finances, and know their strengths and weaknesses, particularly within the market and knowing when they should seek help from outsourced providers and new employees.

Marlborough tech manufacturer’s parent celebrates 75 years in business

Richardson Electronics, an Illinois-based engineering solutions company with manufacturing operations in Marlborough, is celebrating 75 years in business.

ReWalk Robotics revenue drops in first quarter

ReWalk Robotics reported decreases in revenue and losses in the first quarter, driven in part by COVID-related processing limitations.

Once a key player in Central Mass., VMware will be acquired for $61B

VMware, once a subsidiary of Hopkinton-based Dell EMC, will be acquired by microchip maker Broadcom for $61 billion.
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TJX Cos. posts $587M profit in first quarter

The TJX Cos. of Framingham reported a strong start to the year, with increases in net sales and a boost in its quarterly profit.

Sudbury Plaza sold in $390M Newmark multi-property sale

One of the biggest players in the Massachusetts real estate market said it brokered the sale of a Sudbury shopping center and eight others. 
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