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Enterprise Bancorp reports 9% annual net income growth

Lowell-based Enterprise Bancorp Inc., which has branches in Acton, Fitchburg, Leominster and Westford, reported annual net income of $13.5 million for 2013, a 9-percent increase over 2012, in a milestone year for loan growth, according to an earnings statement.

Area unemployment up slightly in December

Unemployment in Central Massachusetts held relatively steady in December and throughout the past year.

Patrick seeks 5% spending jump in final budget

Gov. Deval Patrick on Wednesday presented his eighth and final budget proposal before he leaves office, filing a $36.4-billion spending plan for the next fiscal year that includes a $205 million increase for public education and investments in the life sciences, dental care for the poor, and caregivers who assist the state's neediest residents.

AMSC settles lawsuit for $10M

AMSC has agreed to set aside $10 million to settle claims that it artificially inflated its financial results between July 2010 and July 2011, according to court filings.
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Devens leads spike in warehouse occupancy

Since the Great Recession of 2009, business tenants in Greater Boston, including MetroWest towns along Interstate 495, have enjoyed low commercial rents and the upper-hand in negotiations with landlords. But is that starting to change? It's highly possible, according to data released this month in indSTATus, the industrial real estate market publication by TranswesternRBJ, the Boston-based commercial real estate firm that services clients between Boston and the 495 corridor.

Looking back: Army closes Fort Devens in 1996

This year, the Worcester Business Journal marks its 25th anniversary. In each print edition, we will highlight...

Renewable energy contract promises North Central Mass. savings

Manufacturers based in North Central Massachusetts will now have new access to renewable electricity, thanks to a new contract between the North Central Massachusetts Development Corp. (NCMDC) and Nugen Capital Management LLC to generate net metering credits from a new solar facility to be built in Lunenburg.

Dynasil division sold to Va. company

Dilon Technologies Inc., a medical imaging products company, has acquired a subsidiary of Dynasil Corp., a Massachusetts company with operations in Ayer. According to a statement, Virginia-based Dilon acquired the assets of the Navigator gamma probe business from RMD Instruments Corp., a subsidiary of Watertown-based Dynasil. The acquired products are used in cancer surgeries, according to Dilon.
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Area Unemployment Down Sharply in November

Unemployment in Central Massachusetts fell significantly over the past month but is still higher than at this point last year.

Arrhythmia Research Announces Stock Closing

Fitchburg-based Arrhythmia Research Technology Inc. announced the closing of its offering of notes and warrants to purchase $500,000 in common stock.
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