This weeks news, features, events and economic trends in MetroWest and along the heart of the I-495 corridor

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Metrowest 495

Solect expects pain from new solar tariff

Hopkinton solar company Solect Energy is expecting a sudden stop in growth — or even a drop — after a new tariff on solar-panel imports was announced this week.

MetroWest office market shrinks in fourth quarter

The total amount of occupied office space in MetroWest fell in the last three months of 2017, negating some of what was otherwise a standout year, according to a new report.

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Framingham mill slated for renovation sells for $3.75M

The Bancroft Building, a mill building on a Framingham site slated for 258 units of housing, has sold for $3.75 million.

Boston Scientific could buy Calif. firm for $540M

Marlborough medical device maker Boston Scientific announced Wednesday an agreement with Santa Rosa-based Millipede, Inc. to potentially acquire the California firm for $540 million.

AMSC begins system work for South Korean 5.5-megawatt wind turbines

Energy grid and planning company AMSC of Devens has begun work on an electrical control system for a wind turbine manufacturer helping to build an offshore wind project in South Korea.

RXi Pharmaceuticals regains Nasdaq compliance

Marlborough drug maker RXi Pharmaceuticals has regained compliance with Nasdaq by having 10 straight days with a closing bid price of the company's stock at $1 per share or higher.

Calendar

Monday, Feb. 05

First Monday Meeting

Presented by: Network of Enterprising Women

8:30 a.m.-10:30 a.m.

Water Fresh Farm, Hopkinton

Wednesday, Feb. 07

Women in Business Luncheon - How to Unleash the Power of Conversation

Presented by: Nashoba Valley Chamber of Commerce

12:00 p.m.-1:30 p.m.

Nashoba Valley Medical Center, Ayer

Friday, Feb. 09

Women's Business Network

Presented by: Assabet Valley Chamber

11:30 a.m.-1:00 p.m.

Emma's Cafe, Stow

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People on the move

Jody Staruk has been promoted to project executive at Consigli Construction in Milford. Staruk, a graduate of Worcester Polytechnic Institute, joined Consigli in 2003 as a project manager.

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