The latest Central Massachusetts business news
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Tuesday, June 12, 2018
 
Craft beer is shifting to focus on intimate community connections
 
Craft beer is still booming, but breweries are scaling back their plans as dozens of new brewers come on line each year.
 
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Acacia Communications awaiting OK to resume business with sanctioned Chinese firm ZTE
 
Maynard telecommunications equipment manufacturer Acacia Communications has released its first public statement on ZTE Corp. since the Trump administration announced a $1.4-billion settlement.
 
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Moon Hill, Red Apple Farm plan brew yard, cider
 
Gardner's Moon Hill Brewing Co. and a Phillipston's Red Apple Farm are partnering to bring Worcester County a summerlong brew yard.
 
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Medical plastics manufacturer purchases 79K-s-f Sterling building for $5.1M
 
Gardner-based manufacturer of plastics for medical use Biomedical Polymers is opening a 79,000-square-foot facility in Sterling after purchasing the building for $5.1 million.
 
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Forum discusses workplace addiction amid opioid crisis, pot law changes
 
A public health expert, health commissioner, employment lawyer and others offered insight into how to deal with workplace addiction at an event Tuesday.
 
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AllCare Pharmacy completes $5M, 65K-s-f expansion
 
Northborough-based AllCare Plus Pharmacy has completed a $5 million, multi-year expansion project with a new 65,000-square-foot corporate headquarters.
 
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AG Healey sues Purdue Pharma
 
Attorney General Maura Healey filed a lawsuit against opioid manufacturer Purdue Pharma and several of its executives, she announced Tuesday.
 
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Regional Roundup
 
 
Question of the Week
 
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Northbridge wire manufacturer Riverdale Mills and Maynard telecommunications parts maker Acacia Communications have said actions on trade by the Trump Administration – including a 25-percent tariff on steel and temporarily banning a Chinese company from purchasing American products – is hurting their bottom line.
How do you think Trump's trade war impacts your business?
We will see benefits immediately as foreign competition is curtailed.
It will hurt in the short term but we will ultimately benefit from a focus on American-made products.
It won't impact us at all.
The resulting trickle-down price increases on products like steel will hurt our profitability.
We will have to overhaul our business plan to adjust to these anti-globalization measures.

 
Most Read
 
UMass Memorial to close Leominster, Fitchburg services
 
 
Bertucci's sold at bankruptcy for $20M
 
 
Brothers sentenced to jail for $400,000 Commerce Bank fraud
 
 
Central Mass. companies remember Anthony Bourdain's 2017 visit
 
 
Mass. retail cannabis regulators have 16 Worcester County applications
 
 
Petty: City won't prevent Notre Dame demolition
 
 
Riverdale Mills: Steel tariffs hurting American companies, jobs, seafood
 
 
Insulet, AIRM land $3.8M in tax incentives for job creation
 
 
Walden Woods Brewing nixes plans for Marlborough brewery
 
 
 
 

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