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Precision Optics lost $368K through nine months

Gardner medical device manufacturer Precision Optics is reporting a somewhat off fiscal year with a fiscal 2018 loss of $368,000 through nine months.

I-190 from W. Boylston to Lancaster to see $19M improvement

The Massachusetts Department of Transportation is set to begin construction along seven miles of I-190 from the West Boylston-Stering town line to the Sterling-Lancaster town line.

Micron Solutions narrows net loss to $180K despite sales dip

Fitchburg contract manufacturer Micron Solutions decreased its net loss by 16 percent in the first quarter compared to last year despite reporting a slight dip in sales.

MassLive sees growth in Central Mass.

New York-based Advance Local is growing its presence in Central Massachusetts. The company is set to open an office for its MassLive Media division near the Worcester Common this month.
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Organizations should think ahead when lining up their next leader

That lack of advance planning makes a difference to the bottom line.

Successful family businesses learn & adapt

Family businesses likely don't see themselves as dictatorships, but to be multi-generational businesses, they've survived by adapting and looking ahead instead of how things have been done in previous generations.

Maynard Crossing project to bring life back to vacant Digital Equipment Corp. site

Two decades have passed since Digital Equipment Corp. occupied a 58-acre site in Maynard just a mile south of town center. More than half of that time has been spent trying to redevelop the property.

Movers & Shakers

Habitat for Humanity MetroWest/Greater Worcester, Harrington Physician Services and AdCare Hospital are some of several Central Massachusetts companies to recently announce new hires.
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Millbury family-owned plumbing firm was front for drug operation

A Millbury plumbing business not only helped unclog pipes and drains, but also illegally grew more than 1,000 marijuana plants at a time, federal prosecutors say.

Fidelity Bank reaches $819M in assets

Fidelity Bank grew by 5 percent in 2017, reaching total assets of $819 million while investing in more than 145 local businesses.
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