Pepperell

MassDevelopment, the state’s finance and development agency, announced Wednesday it has provided a $4.5-million loan for the continued redevelopment of Pepperell Place.

Keystone Real Estate LLC, a Pepperell entity managed Robert Stanieich and Anthony Serino, bought the 12,345-square-foot industrial property at 20 Lomar Park Drive in Pepperell for $1 million.

Pepperell-based Masy BioServices, a biorepository company, is continuing its expansion on the eastern seaboard by opening an office in North Carolina's Research Triangle Park.

Pepperell-based biorepository company Masy BioServices has acquired a New Jersey calibration services provider.

Rick Bennett, the CEO of Main Street Bank and its predecessor in Marlborough for 17 years, is retiring, the bank announced Tuesday.

The redevelopment of a 190,000-square-foot Pepperell industrial building got another big boost from MassDevelopment, which has supplemented its original $2.25-million loan with another $1.45 million.

Online auto parts retailer 1A Auto is opening a new research and development facility in the company's hometown of Pepperell later this year.

The long-time Assabet Valley bank is riding the industry wave of expansion and growth.

The former owner of a Pepperell construction company was sentenced to 18 months in prison Wednesday for concealing assets during bankruptcy proceedings.

The merger of Marlborough Savings Bank and North Middlesex Savings Bank was made official on April 1. The two longtime banks first said last July they planned to merge, and earlier this year they unveiled the new name and logo for Main Street Bank.