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Athol manufacturer acquired by NY equity firm

Pexco, a Georgia specialty plastics maker with a plant in Athol, has been acquired by a New York company.

State approves UMass psychiatric bed reductions

UMass Memorial Health Care will convert roughly half of its psychiatric beds for medical/surgical use after it received approval from the state public health council on Wednesday for a $30-million renovation plan.

Headwall’s Bolton expansion paying off

Headwall Photonics added a facility in Bolton earlier this year, allowing for easier access to Boston. The Fitchburg company makes imaging spectrometers that can detect things beyond the surface level.

Former Pepperell businessman sentenced for concealing $3-4M in funds

The former owner of a Pepperell construction company was sentenced to 18 months in prison Wednesday for concealing assets during bankruptcy proceedings.
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Heywood outpatient treatment center opens in Petersham

The first phase of Heywood Healthcare's new dual diagnosis unit in Petersham is now up and running, and outpatient services are now available for adults with both mental health and substance abuse disorders, the system announced Monday.

Worcester Co. foreclosure petitions fall 33% in April

Petitions to foreclose fell nearly 33 percent in Worcester County in April, as petitions statewide continued to trend downwards.

From Templeton to Gardner to Orange, Seaman makes paper in C. Mass

Seaman Paper Company of Massachusetts, Inc.'s paper products can be found everywhere from restaurants to gift wrap stores. The Gardner company, which has 350 employees, makes its products at three different locations in Central Massachusetts, and others around the world.

How a merger saved Athol Hospital and made Heywood stronger

At the time of Athol Hospital's merger with Heywood Healthcare, Athol had four days of cash on hand and one inpatient bed filled. Since then, it has swung to profitability.
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Worcester unemployment more complex than one number

Workers still need jobs, and companies still need workers, as career officials try to match supply to demand.

AMSC reports sharp quarterly, annual losses

AMSC, a Devens wind- and power-grid planning and engineering company, reported sharp declines in revenue and net losses for the most recent quarter and full fiscal year.
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