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Fitchburg’s Arrhythmia cuts losses for 2013

Medical device manufacturer Arrhythmia Research Technology of Fitchburg drastically lowered its losses in the last quarter of 2013 and for all of the year and expects to return to profitability in 2014, the company said.

Jabil posts loss after restructuring

Electronics manufacturing services firm Jabil Circuit Inc., the parent company of Clinton-based Nypro Inc., posted a second-quarter loss as revenue declined and restructuring costs impacted the bottom line.

AMSC cuts jobs, will close plant in Wisconsin

Devens-based wind energy equipment manufacturer AMSC laid off an unspecified number of employees at its headquarters today as part of a restructuring that will include the closing of a plant in Wisconsin and the opening of a new one in Romania.

Leominster wealth management firm acquired

Leominster-based Wachusett Wealth Management has been acquired by a Woburn firm, the two companies announced today.
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Picking up, moving on after failed slots bid

For better or for worse, Central Massachusetts is out of the running for any type of gambling site, after the Massachusetts Gaming Commission awarded the state's only slots parlor license to Penn National Gaming, which will build a facility down Interstate 495 in Plainville.

Water technology firm signs lease in Shirley

A global firm specializing in water, hygiene and energy technologies has signed a lease for 4,000 square feet of warehouse space in Shirley.

Unemployment rises in Central Mass.

Unemployment in Central Massachusetts jumped significantly in January but is down from January of last year, the Patrick administration said today.

QCC to receive $500k for STEM activities

Quinsigamond Community College (QCC) will receive a $500,000 grant for their engineering, science and technology center, the school announced.
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CMass groups awarded $330K in tax credits

Three community development organizations in Central Massachusetts received a combined $330,000 to increase economic opportunities for low- and middle-income households, the Patrick administration announced today.

State picks Plainville for slots license

The state gaming commission has picked Plainville over Leominster and Raynham for the one slots parlor license mandated in the 2011 gambling expansion law.
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