Marlborough-based IPG Photonics Corp., a global laser manufacturing company founded in a Moscow basement laboratory in 1990, has sold its remaining assets in Russia, citing the impact of ongoing sanctions related to the country’s invasion of Ukraine.
The Massachusetts Department of Environmental Protection has fined three individuals and businesses with ties to Central Massachusetts, with the fines totaling $168,413.Â
Alta Oxbow, located at 490-494 Boston Post Road, was sold in a deal finalized on Friday. A listing named several attributes that made it appealing for purchase, including the potential for rent increases at the site.
Framingham-based retail parent TJX Cos. has further expanded its global presence with the purchase of a 35% stake in Brands for Less, a Dubai-headquartered off-price clothing, apparel, and toy retailer.