The latest Central Massachusetts business news
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Thursday, May 11, 2017
Biostage running short on cash with IND looming
Biostage, which develops bioengineered organ implants, reported it lost $3.8 million in the first quarter, leaving it with only enough cash through the end of the year, as expenses increased during the company's transition into its clinical stage.
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FedEx distribution facility sold for $33M
A high-bay distribution facility completely leased to FedEx SmartPost was sold for $33 million in Northborough, according to the seller's representative and public records.
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Making Worcester restaurants fun
Laura DiBenedetto founded Vision Advertising in Worcester when she was 19. After nearly two decades of purposeful slow growth, her firm specializes in advertising for hospitality and professional services firms.
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Marlborough office building sold for $3.1M
A Marlborough office and flex building was sold for $3.1 million to a Cambridge-based real estate company, according to the seller's representative and public records.
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Mevion breaks cancer treatment record
Littleton-based Mevion Medical Systems on Tuesday said it has set a new record for treating patients with proton therapy.
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Manufacturer building 43K square foot Sturbridge office complex
Construction has begun on a 43,000-square-foot office space in Sturbridge at the junction of I-84, Route 20, and the Massachusetts Turnpike, according to the project's architect.
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NRC says Pilgrim needs no futher regulations
The Nuclear Regulatory Commission concluded no additional regulatory actions are needed at Pilgrim Nuclear Station, which is scheduled to close for good in May of 2019.
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Regional Roundup
Question of the Week
Tuesday we asked: While the number of adults in the U.S. on the autism spectrum is expected to increase over the next 10 years, that population remains significantly underemployed. According to Advancing Futures for Adults with Autism, 90 percent of adults with autism are unemployed or underemployed, and just 58 percent of adults with autism worked in their early 20s, according to Drexel University.
What are the challenges in recruiting people on the autism spectrum to your company?
  • It is so great you are recognizing this important topic.
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Most Read
Trumpcare vote creates backlash in Massachusetts
Reliant approves Optum acquisition
UMass Memorial says it can meet psychiatric needs without 13 beds
Worcester IT company moves downtown
Worcester health centers get $98K from MassDevelopment
Aspen Aerogels loses $9M in first quarter
Holliston instruments firm loses $1M in first quarter
Making Worcester restaurants fun
Baker: Mass. would lose critical funds in GOP health care plan

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