Devens

While the U.S. Senate narrowly defeated the proposed Keystone pipeline expansion from Canada to the Gulf Coast earlier this week, another pipeline project with local impact is still pending, and it's creating controversy for the Nashoba Valley Chamber of Commerce. Groton Selectman Joshua Degen's recent decision to cancel his chamber membership has led its CEO, Melissa Fetterhoff, to defend Houston-based energy giant Kinder Morgan Energy Partners' status as a chamber gold sponsor, a designation Degen said he could not stomach. He recently wrote to Fetterhoff, asking his membership be canceled, just one month after he joined the Devens-based chamber.

Losses climbed and revenue plummeted for Devens-based AMSC as both its wind and grid segment struggled in...

Devens-based AMSC said Korea Electric Power Corp. (KEPCO) is testing a cable that uses AMSC's trademarked wire at a smart grid demonstration site on Jeju Island, a province of South Korea. The high-temperature superconductor cable uses AMSC's Amperium HTS wire. According to AMSC, such cables are “power dense and have zero resistance, making them an ideal solution to moving large amounts of power underground and with a minimal footprint.” They're also capable of conducting 150 times the amount of electricity that can be conducted by copper or aluminum devices of the same size, according to AMSC, and benefit from no electrical losses, making them a “perfect conductor” of electricity.

It may not have profits, but AMSC, of Devens, does have prospects. Analysts say the troubled clean energy technology company is not in dire straits, but needs to execute on current orders and sign new deals to recover from several years of legal woes with overseas companies.

Nypro, of Clinton, opened a new 200,000-square-foot manufacturing facility in Devens on Thursday as the plastics manufacturer turns up the production of products for its health care-industry customers.

Devens-based AMSC said it has broken through another roadblock in the Chinese court system in the company's trade infringement battle with a former customer.

A Lexington-based developer will build up to 124 units of housing in Devens’ Grant Road neighborhood, the...

An international court has ordered energy technology manufacturer AMSC, of Devens, to pay $11 million to an Indian firm over an alleged breach of a licensing agreement, AMSC said Thursday.

While the company reported lowered revenue earlier this month due in part to lower Chinese wind product...

Losses climbed and revenue sunk for Devens-based AMSC due to reduced Chinese wind product sales and lower grid support sales.