Southborough

As her high school graduation approached, Karen Chapman faced a dilemma: attend college or enter the workforce.The...

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.

Southborough-based Sevcon Inc. has increased the size of its board of directors from nine to 12 members in response to a stockholder proposal.

A New Jersey-based real estate investment firm has purchased a Southborough office building for $9.2 million.

Municipal vehicle upfitter MHQ has purchased its headquarters in Marlborough for $10 million.