Devens-based AMSC more than doubled revenue in the first quarter of fiscal year 2015, while cutting losses and expanding cash reserves, the company announced Wednesday.
Real Deals highlights recent commercial property transactions in Central Massachusetts. This week's deal: The former Evergreen Solar building in Devens.
The owners of the former Evergreen Solar site in Devens have sold the fully-leased property for $36 million after initially purchasing the property for $8.3 million.
Wind energy equipment manufacturer AMSC of Devens saw a strong 36-percent revenue growth to close out its most recent fiscal year while substantially cutting its quarterly losses, the company reported Thursday.
AMSC, the Devens-based manufacturer of wind and power grid technology, has received orders for $9 million in power grid-related productss in the U.S. and internationally, the company announced Tuesday.
Stock in Devens-based AMSC shot up more than 30 percent this week after the company announced expanded relationships with both the U.S. Navy and energy provider Eversource.
After years of failed proposals by other developers throughout the state, New England Studios in Devens became the first film studio to open doors in March 2014, and the owners had high hopes for attracting major movie productions to Central Massachusetts.