Business briefs.COLUMN: Business briefs Telegram & Gazette Bloomberg Index Central Massachusetts +0.38 189.15 Volume: 69,677,282 Up: 13 Down: 9 Unchanged: 7 Gainer: Virtusa Corp. $15.33 +$0.86 (Volume of 18,180 shares) Decliner: American Superconductor American Superconductor is a technology company based in Westborough, Massachusetts specializing in the design and manufacture of superconducting wires and power converters. It is listed on Nasdaq under the symbol AMSC. Corp. $24.04 -$1.13 (Volume of 810,173 shares) People Crowe is named WORCESTER - John T. Crowe of Southboro has been named president of Saint-Gobain Abrasives, a Worcester-based post in which he will oversee 75 manufacturing plants in 24 countries that generate $2.1 billion in sales. Mr. Crowe, who began his career in 1978 as a process engineer at Norton Co. of Worcester, replaces Joseph H. Menendez, who has retired. Mr. Crowe was most recently president of Saint-Gobain Performance Plastics in Aurora, Ohio. Mr. Crowe has a bachelor's degree from Clarkson University and a master's degree in business administration from Boston College. Saint-Gobain Abrasives employs 3,800 in the United States and Canada. It is part of Compagnie de Saint-Gobain of Paris, a global manufacturer and distributor of flat glass, building products, glass containers and high performance materials. Saint-Gobain has abrasives, ceramics, plastics and glassmaking operations in Worcester, Northboro and Milford. New Carroll CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. WORCESTER - Carroll Enterprises Inc. has named Brian K. Carroll of Worcester chief executive officer, succeeding his father, Francis R. Carroll, who founded the company in 1968 and will continue as chairman of the company's board of directors. Brian Carroll, who will continue to serve as president, is a graduate of Boston College and has a master's degree in business administration from the Wharton School of the University of Pennsylvania The Wharton School is the business school of University of Pennsylvania in Philadelphia, Pennsylvania. It was established in 1881 through a donation of Joseph Wharton, making it the world’s oldest business school. . He has also been elected to the company's board of directors, as has John J. Neuhauser, president of Saint Michael's College For the college in Toronto, see University of St. Michael's College. For the school in Adelaide, see St Michael's College, Adelaide. Saint Michael's College is a private, residential, liberal arts Catholic college. The 440 acre campus is located in Colchester, Vermont. in Burlington, Vt. The subsidiaries of Carroll Enterprises include the Small Business Service Bureau Inc. and the Small Business Insurance Agency Inc. Local GTC GTC See: Good 'til cancelled order GTC See good-till-canceled order (GTC). agreement FRAMINGHAM - GTC Biotherapeutics Inc. said its existing collaboration with LFB LFB Legislative Fiscal Bureau LFB London Fire Brigade LFB Linear Frame Buffer LFB Left Fullback (soccer) LFB Lyman Frank Baum (The Wizard of Oz author) LFB Liquid Factor Boiling LFB Low-Frequency Beacon Biotechnologies will include work on recombinant human coagulation factor IX coagulation factor IX Factor IX, see there . GTC develops genetically altered goats capable of producing therapeutic proteins in their milk. The company, which operates a farm in Charlton, said it will share costs and profits of the factor IX program with LFB. Under the deal, LFB will fund a final $500,000 license fee payment due from GTC to ProGenetics LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . More briefs on next page ART: PHOTOS CUTLINE: (1) Mr. Crowe; (2) Mr. Carroll |
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