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Fitchburg’s Arrhythmia turns profit, boost sales

Medical device manufacturer Arrhythmia Research Technology of Fitchburg saw a nearly 13-percent jump in net sales last year and turned its first profitable year since 2010, its CEO said Friday.

Jabil ‘strongly on track,’ helped by iPhone 6 sales

Jabil Circuit Inc., the parent company of Clinton-based Nypro Inc., reported net revenue of $4.3 billion for the quarter, a 20 percent jump from the second quarter of 2014.

Gabrieli, Harrity tapped for board

Education reformer and former Democratic gubernatorial candidate Chris Gabrieli has been tapped by Gov. Charlie Baker to chair the Board of Higher Education replacing Charles Desmond. Baker on Tuesday afternoon also announced that Sheila Harrity, superintendent of Montachusett Regional Vocational Technical School District and a former Principal at Worcester Technical High School, would take a seat on the board replacing Keith Peden.

3 Central Mass. firms win life sciences tax breaks

Three Central Massachusetts life sciences companies, including one that's moving its headquarters to the region, will receive nearly $5 million in state tax incentives toward the creation of 275 jobs.
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Nurses’ union slams proposed changes, job cuts at Clinton Hospital

(Updated Friday at 6:15 p.m.) A plan to consolidate two patient-care units at Clinton Hospital is meeting with opposition from the union that represents its nurses.

Four years of higher education in Central Mass. for $30K

Four public institutions of higher education in Central Massachusetts are collaborating to guarantee qualifying students four years of post-secondary schooling for $30,000.

Baker plan to cut film tax credit gets cool reception in Devens

After years of failed proposals by other developers throughout the state, New England Studios in Devens became the first film studio to open doors in March 2014, and the owners had high hopes for attracting major movie productions to Central Massachusetts.

Webster First, Industrial credit unions to merge

Webster First Federal Credit Union (WFFCU), which is based in Worcester, is merging with Boston-based Industrial Credit Union (ICU), the two institutions announced.
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For some nonprofits, revenue-generating ventures boost the mission

In a back room of the American Antiquarian Society in Worcester, teams work at cataloging and digitizing the organization's collection of American printed artifacts. It's just one example of a group of Central Massachusetts nonprofits that use business ventures to round out grant and foundational funds as part of their revenue mix.

Rail operator: Full service to be restored by Mar. 30

With its customers hampered by prolonged train delays and cancellations that began during the recent wave of snowstorms, the company that runs the Massachusetts commuter rail system said Thursday it will operate at full service by March 30.
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