Mack Technologies, which makes circuit boards and electronics for the telecom, defense and industrial sectors, will save $50,000 a year at its headquarters thanks to one of the largest LED lighting retrofits in a manufacturing facility in New England, the company announced.
Once Framingham's largest employer, label and packaging firm Avery Dennison's small remaining presence in Framingham will be gone entirely by August, when the company's Retail Branding and Information Solutions (RBIS) division moves to neighboring Westborough. Avery Dennison sold its office building at 7 Bishop Street in Framingham last spring. It remains housed in the space, but not for long, as Westborough officials confirmed the company is planning to relocate.
Built-Rite Tool & Die Co., a custom mold maker in Lancaster, has received a $500,000 loan from MassDevelopment, the state's finance and development agency announced.
More than 98 percent of the members of Nypro's employee ownership stock plan have voted to go forward with an acquisition by Florida-based Jabil Circuit Inc., Nypro said.
The state's Economic Assistance Coordinating Council this week approved $5.7 million in state investment tax credits for three Central Massachusetts companies.
Unemployment in the Worcester area fell by six tenths of one percent in February, with the addition of more than 2,000 jobs over the previous month, according to data released today by the Patrick administration.
A drop in inventory pushed down sales of single-family homes in Massachusetts last month, halting more than a year of monthly gains, according to two reports released today.