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A Thousand Words: Trump’s $110M cut to Westborough firm

The President Donald Trump Administration cut $110.2 million in U.S. Department of Energy funding to Westborough-based Ascend Elements' plans for an electric vehicle battery recycling facility in Kentucky. Still, Ascend announced in October that it plans to move forward with the project despite the federal cuts.

🔒Trump Administration cuts $110M in funding for Westborough firm’s Kentucky plant

The funding cuts are the latest obstacle related to the Kentucky project Ascend will need to overcome.

Westborough manufacturer to raise $41M to advance AI, microLED tech

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.

Irish firm walks away from highway service plaza contract

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.
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Westborough EV battery recycler signs European deal with Chinese firm

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

State auctions off four Central Mass. properties to housing developers for $2M

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 in Westborough to become one of retailer’s largest stores

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

Big Y to open its seventh Central Mass. grocery store

Big Y is seeking to offer 4,000 local products sourced from partnerships with more than 500 local businesses.
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Westborough optics firm names Allegro MicroSystems executive to replace retiring CFO

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

Westborough energy firm lands $252M contract for Army depot upgrades

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

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