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Gardner

Precision Optics production, revenue down as losses grow

Gardner optical manufacturer Precision Optics reported a low revenue quarter for the first of its fiscal 2024, which ended Sept. 30. Revenue for the quarter was down 15%, which the company attributed to purchaser reaction to a righting of the supply chain.

🔒Five years after adult-use dispensaries opened, Mass. cannabis businesses have more banking options

After a ballot initiative to legalize medical marijuana was approved by Massachusetts voters in the 2012 election, finding a bank that was willing to provide services to a cannabis business was a bit like trying to buy marijuana before it was legal.

Durant flips Mass. senate seat for GOP

Republicans will soon hold one-tenth of the seats in the Massachusetts Senate after Peter Durant of Spencer defeated Democrat Jonathan Zlotnik.

Hudson concrete company sues for $500K over unpaid work at Heywood Hospital

S&F Concrete Contractors, a corporation based in Hudson, is suing a number of local companies over claims of unpaid work.
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Central Mass. receives $28M in state economic development money for 55 projects

The Massachusetts Executive Office of Economic Development awarded $164 million through 338 grants for economic development projects around the state, including 55 in Central Mass.

Gardner packaging printing firm rebrands, sells building in sale-leaseback deal

Garlock Printing and Converting has rebranded itself as Garlock Flexibles and sold its 77 Industrial Rowe location in Gardner for $9.6 million to a Pennsylvania investment firm in a sale-leaseback deal.

Central Mass. unemployment rates dropped further in September

The unemployment rate across Central Massachusetts remained low through September, continuing a downward trend carried over from the summer months.

Gardner transportation firm fined $116K over Revere wetland damage

Goguen Transportation, a shipping and trucking company based in Gardner, has been fined $116,459 by the Massachusetts Department of Environmental Protection for an oil spill that damaged protected wetlands.
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Precision Optics receives $680K from undisclosed aerospace defense company

Precision Optics Corp. in Gardner, an optical instrument manufacturer for the medical and aerospace industries, has received a third large production order from an aerospace defense company. The new order totals $680,000, and the products are intended to be produced in fiscal year 2024.

Mount Wachusett CC receives $2.2M to update tech and improve programs

Mount Wachusett Community College in Gardner received a $2,249,709 grant from the U.S. Department of Education’s Title III - Strengthening Institutions Program to help improve academic readiness and workforce preparation for students.
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