UMass Memorial Health Care is bracing for layoffs as well as other cost-cutting measures in the face of a projected $57-million operating loss for its recently completed fiscal year.
Jabil will look to acquire healthcare, defense, aerospace and industrial manufacturing in the coming years to help offset challenges in its core market, according to the company's annual report.
Jabil Circuit Inc., the Florida-based company that acquired Nypro Inc. of Clinton this year, reported quarterly and annual revenue gains for its 2013 fiscal year that ended Aug. 31, though net and operating income declined, due in part to a restructuring, the company said.
Zachariah Combs has been named director of the Gallery of African Art in Clinton, gallery founder Gordon B. Lankton announced. Combs is the first director for the gallery, which is owned by the Museum of Russian Icons in Clinton.
The Holden Area Chamber of Commerce is hoping to attract new member businesses from neighboring towns through a name change its board of directors approved last week.
Cultural attractions are nice to have in every community, said Susan Nicholl, executive director of the MetroWest Tourism & Visitors Bureau in Framingham.
More than 98 percent of the members of Nypro's employee ownership stock plan have voted to go forward with an acquisition by Florida-based Jabil Circuit Inc., Nypro said.