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Wednesday, November 2, 2016
Providence and Worcester Railroad sold for $126M
Providence and Worcester Railroad Co. has been purchased by Genesee & Wyoming Inc. for approximately $126 million.
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$3M MassWorks grant to boost $160M Marlborough development
The city of Marlborough has received more than $3 million in state funds towards Route 20 improvements that the Marlborough Economic Development Corp. says will open the area to $160 million in commercial development.
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Central Mass. brewer, machinery maker and eight more awarded
Ten Central Massachusetts manufacturers were honored for excellence in their industry at a formal awards ceremony at the Massachusetts State House last week.
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Worcester foreclosure starts down 25%
Worcester County's foreclosure starts fell by 24.7 percent in September, beating the state-wide decline of 18.7 percent in starts, while finalized foreclosures continued to rise in Worcester and statewide.
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Oxford Immunotec revenue up 46%; still no profits
Oxford Immunotec posted a 46-percent gain in revenue for the third quarter but still posted a net loss of $4 million, due to expenses related to two acquisitions and an increase in staff.
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Westborough co. supplying California power storage pilot
NEC Energy Solutions announced Wednesday it is supplying Southern California Edison with its first grid energy storage pilot system.
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Lynch urges halt to Spectra pipeline permitting
Federal regulators should halt permitting and construction of Spectra Energy pipelines in West Roxbury and Weymouth, according to Congressman Stephen Lynch of Boston, who cited safety concerns stemming from a fatal pipeline explosion in Alabama.
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Regional Roundup
The List: Top SBA lenders
Ranked by total amount of loans issued in Massachusetts in FY 2015
Eastern Bank $46M
Santander Bank NA $20.1M
Citizens Bank $17.3M
Rockland Trust Co. $13.1M
Salem Five Cents Savings Bank $10.1M
To view more data, visitWBJournal.com
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Swissturn moving toward 100% employee ownership
Mass. selects CT solar over Maine wind
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Mass Pike electronic tolling starts tomorrow
Ameresco adds new director from England
MassDOT offering tolling grace period
Harvard Bioscience sells German subsidiary for $1.7M
Solect opening 7,000sf Holliston warehouse
Online gaming commission to start deliberations
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