Industrial production increased in December, signaling that economic growth continued in the final month of the year. The Federal Reserve said Friday that industrial production—the output of U.S. factories, utilities and mines—rose 0.8% last month from November. Much of that gain was due to a weather-related 4.3% jump in utility output. But a 0.4% increase […]
The city has chosen a designers and engineering team for its planned HarborWalk. Now, those designers want to hear how residents think the waterfront walkway should take shape. Cambridge 7 Associates, the lead designer for the $500,000 project, is holding a day for community input on Tuesday, with plans for what they and city officials […]
Evergreen Solar Inc., the former darling of the Bay State’s nascent green-energy economy, said Tuesday it will shutter its manufacturing facility in Devens by the end of March. The company said 800 workers will be affected. The Marlborough, Mass.-based developer of solar-energy components and related technologies said the move is part of its previously announced […]
EVANSTON, Ill.– Industrial employment in Massachusetts fell 1.2% over the past twelve months according to the 2011 Massachusetts Manufacturers Register®, an industrial directory published annually by Manufacturers’ News, Inc. (MNI) Evanston, IL. Manufacturers’ News reports Massachusetts lost 4,717 industrial jobs over the past twelve months, a significantly smaller loss than the decrease of 11,950 reported […]
BOSTON–Aldebaran Robotics, a leading developer of research and educational robotics platforms and software technologies, announced that it has incorporated in the United States and established its North American headquarters in Boston, Massachusetts. The Boston office will enable Aldebaran to better serve the training and service needs of researchers and educators in the Americas. “Having a […]
The second building — at 6,760 square feet — would potentially be the new police station. Rainville said the plan for the police station hasn’t been set in stone, but rather is proposed as a professional building. “It’s actually going to be office space,” he said. “It’s not directly for a police station. The town […]
With nearly two million square feet of industrial property lying vacant and a 14-15% vacancy rate for Boston’s Industrial Property the gloom and sweat running from property owner’s brows appears almost visible. And yet, 40% of these same property owners are grinning from ear to ear. Their properties are leased and even if per chance […]
MIT Tech online article about University park expansion. MIT will work with Forest City Boston to build a new building at 298–334 Massachusetts Avenue, in the area just north of Random Hall, expanding research and retail opportunities along the block. Construction could start as soon as a year from now. Additionally, MIT is looking to […]
As national chief economist for commercial real estate services company Colliers International, Moore follows about 100 economic indicators that keep his finger on the pulse of the economy and the commercial real estate industry. And since the beginning of the fourth quarter, that pulse has quickened. “With the exception of housing and unemployment, most of […]
Recovery was the rallying cry for the retail industry in 2010. After two years of very weak sales as consumers reined in spending during the Great Recession, retail purchases rose for the fifth straight month in November. “It was the return of the retail industry,” said Michael Niemira, chief economist for the International Council of […]
