Westborough

Westborough-based defense optics manufacturing firm Kopin Corp. has entered into a securities purchase agreement for private investment in company shares expected to raise $41 million.

The announcement by Applegreen arrived the night before the Senate Post Audit and Oversight Committee was scheduled to hold a hearing on the procurement controversy. But that hearing was called off Tuesday due to "MassDOT and Applegreen’s refusal to participate in this week’s hearing," chair Sen. Mark Montigny's office said.

Ascend Elements has signed a memorandum of understanding with a firm based in China to explore potential collaboration in Europe.

Hoping to boost housing production in the state, the Gov. Maura Healey Administration has auctioned off four Central Massachusetts state-owned properties to private developers to convert the sites into housing.

Ocean State Job Lot’s Westborough location is about to become one the big box’s largest stores.

Big Y is seeking to offer 4,000 local products sourced from partnerships with more than 500 local businesses.

Westborough-based optics firm has named Erich Manz, a former executive at New Hampshire-based Allegro MicroSystems, as its replacement for its retiring CFO.

Equipment maintained and repaired at the site includes M1 Abrams tanks and Stryker armored fighting vehicles. 

On Thursday, Global representatives filed a complaint with the State Ethics Commission alleging that Bosworth discussed potential employment with Applegreen's majority owner, Blackstone Infrastructure Partners, while Applegreen worked on its bid. Applegreen and Blackstone slammed the complaint as false.

Worcester Polytechnic Institute reached a significant milestone in February, when it received Research 1 status. Of course, now is anything but a normal time in the world of academic research.