Southborough-based Sevcon Inc., which makes drivetrain controls for electric and hybrid vehicles, saw its sales fall 22 percent in its first fiscal quarter, helping drive a loss of $1.3 million.
Devens-based AMSC said it will sell high-temperature superconductor (HTS) wire to Nexans, a French provider of cables and cabling systems. Nexans will use the wire as part of a type of surge protector for a project designed to replace high-voltage equipment in inner cities with superconductor systems.
Identity and access management software maker Courion Corp. of Westborough has announced a partnership with a firm in the United Arab Emirates to help enter markets in Europe, Africa and the Middle East.
Westborough-based electronic health records and practice management firm eClinicalWorks announced it has expanded its role with Holyoke Medical Center and will help the hospital achieve its goals as an accountable care organization (ACO).
Natick-based medical device maker Boston Scientific Corp. said it will eliminate 900 to 1,000 jobs worldwide this year in an effort to cut costs after posting a loss of more than $4 billion for 2012.
St. Mary's Credit Union of Marlborough has appointed James “Jim” C. Garvey, a former executive with Worcester-based Flagship Bank and Trust, as its new president and CEO, the credit union announced Tuesday.
EMC Corp. of Hopkinton has hired a 20-year veteran of General Electric, Vic Bhagat as executive vice president of corporate services and chief information officer.