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Successful family businesses learn & adapt

Family businesses likely don't see themselves as dictatorships, but to be multi-generational businesses, they've survived by adapting and looking ahead instead of how things have been done in previous generations.

Movers & Shakers

Habitat for Humanity MetroWest/Greater Worcester, Harrington Physician Services and AdCare Hospital are some of several Central Massachusetts companies to recently announce new hires.

Hopkinton architectural firm co-founder to retire

Michael Gorman, who founded the Gorman Richardson Lewis Architects firm in Hopkinton 42 years ago and now serves as its president, will retire in October.

Kopin Corp.’s Q1 revenue increases 28%

Wearable technology manufacturer Kopin Corp. increased its first quarter revenue by 28 percent, but still had a net loss of $4.7 million.
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NORESCO begins $97M VA system energy work

Westborough energy efficiency and infrastructure solutions company NORESCO has begun work on a $97-million energy savings contract with a U.S. Department of Veterans Affairs' system in the upper Midwest.

Westborough offices sell for nearly $10M

A pair of office buildings of Flanders Road in Westborough have sold for $9.85 million.

Report: MetroWest office market serves as relief valve for rising rents in Boston

The MetroWest office market is serving as a relief valve for companies struggling to pay rents in Boston or Cambridge, according to a Jones Lang LaSalle report.

2ovens restaurant in Shrewsbury a casualty of Bertucci’s bankruptcy

A concept restaurant in Shrewsbury from Bertucci's called 2ovens has closed as part of the Northborough chain's bankruptcy filing.
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Bertucci’s files for Chapter 11 bankruptcy

Citing debts of of $119 million, Northborough-based Bertucci's has filed for Chapter 11 bankruptcy in federal court, the Italian restaurant chain announced in a press release Monday.

Allegro Microsystems explored 20 Central Mass. sites for relocation

Allegro Microsystems is leaving Worcester after 53 years of operating its headquarters at 115 Northeast Cutoff. In a recent interview, the executive staff at the company told the WBJ why.
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