Five months after closing its doors and putting the building up for sale, the Higgins Armory Museum said it will host a public liquidation auction of some of its remaining assets in two weeks.
Southborough-based Sevcon Inc., which makes microprocessor-based controls for electric and hybrid vehicles, attributed higher revenue and income in the second quarter to increased shipments across the majority of the company's markets.
Boston-based Iron Mountain, which has operations in Northborough and Southborough, reported first-quarter revenue of $770 million, up from $747 million in the first quarter of 2013.
Southborough Office Park on Turnpike Road has been sold for approximately $16 million and the new owner is planning to upgrade and reposition a portion of it for redevelopment, according to Transwestern|RBJ, the leasing agent.
AO Eyewear, Inc. will renovate its Southbridge manufacturing headquarters and buy new equipment using a $1.5-million tax-exempt bond issued by MassDevelopment.
British electronic and hybrid vehicle parts maker Sevcon Inc., which has operations in Southborough, on Wednesday announced a joint venture with Chinese automotive supplier Risenbo Technology Co. to market and sell existing and future Sevcon products to automotive suppliers in China.
Hopkinton-based EMC and aerospace, defense, security, and advanced technology firm Lockheed Martin will open a cybersecurity center in Israel in which the two firms will engage in technology projects in the southern part of the country.
The center will be located in a technology park in Be'er-Sheva, and the projects will take place with the help of Israeli companies, government agencies and academic institutions in the region to explore and promote collaborative research and development projects in cloud computing, data analytics and related cybertechnologies, according to a statement from EMC.