Gardner

Gardner optical equipment manufacturer Precision Optics reported a second-quarter revenue increase of 89%, but losses topped $500,000 amid stock-based compensation.

Two Central Massachusetts share in more than $2.6 million in Massachusetts Brownfields Redevelopment Fund awards to support the environmental cleanup of three contaminated parcels.

The property housing a Price Chopper grocery store in Gardner has been bought for $11.4 million by a San Diego investment firm.

Faced with declining patient discharge numbers and seeing a chance to pare costs that didn’t directly affect patients, UMass Memorial Health Care leaders in Worcester made a tough financial choice to cut much of its executive ranks.

The shareholders of the two largest U.S. newspaper publishers – including the Worcester Telegram & Gazette and the MetroWest Daily News – approved their planned $1.4-billion purchase, the companies jointly announced Thursday.

Olympia Sports has begun the closing sales of 76 stores with $44 million in inventory, including five in Central Massachusetts, as the acquisition of the Maine company by sports retailer JackRabbit moves forward.

Gardner biomanufacturer New England Peptide has received a majority recapitalization from Wellesley private equity firm Ampersand Capital Partners, as the company sets its sights on continued expansion.

Five towns central Massachusetts towns hit hard by foreclosures after the 2008 recession stand to benefit from a multi-agency program that aims to rehab blighted properties, incorporating energy efficiency measures, and to sell the newly-efficient homes to low- and moderate-income families.

Gardner optical equipment manufacturer Precision Optics said its fourth quarter and fiscal year revenue each rose by at least 63%,

Gardner optical instrument manufacturer Precision Optics is looking to expand its presence in the national investment community with the hiring of one of the country’s largest investor relations firms for smaller companies.