Business briefs.COLUMN: BUSINESS BRIEFSTelegram & Gazette Bloomberg Index Central Massachusetts -0.22 181.34 Volume: 42,868,417 Up: 8 Down: 12 Unchanged: 9 Gainer: Waters Corp. $63.00 +$0.71 (volume of 802,299 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. $42.66 -$0.40 (volume of 951,139 shares) People Boyer new 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. BARRE - Guy H. Boyer has been appointed president and chief executive of Barre Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. , a bank with branches in Barre, Paxton and Princeton. Mr. Boyer succeeds David Gale, who retired recently after 16 years at the bank. Mr. Boyer was formerly executive vice president of the retail division at Berkshire Bank in Pittsfield. Mr. Boyer was also president and chief executive of Factory Point National Bank in Manchester Center Manchester Center is an indoor shopping mall in Fresno, California that houses retail stores, businesses, and government offices. The mall is anchored by Sears and Gottschalks, and was the first dominant shopping center in the Fresno area. , Vt., before it merged with Berkshire Bank in 2007. Local R&H cuts staff MARLBORO Marlboro or Marlborough (märl`bərō), city (1990 pop. 31,813), Middlesex co., E Mass.; settled on the site of a Native American village 1657, inc. as a city 1890. - Five positions at the local operations of Rohm & Haas Co. will be cut as part of an effort to pare 925 jobs at the world's biggest producer of acrylic-paint ingredients. Philadelphia-based Rohm & Haas said the Marlboro reductions will occur through the remainder of the year and include jobs in marketing, research and development and shared services shared services, n.pl the administrative, clinical, or other service functions that are common to two or more hospitals or their health care facilities and used jointly or cooperatively by them. , spokesman Kenneth A. Gedaka said. The Marlboro plant employs nearly 600 and develops and manufactures materials used to make semiconductors, memory chips and circuit boards. Evergreen wins bid MARLBORO - Evergreen Solar Inc., a maker of wafers used in solar-power panels, won contracts to supply $600 million of solar panels to U.S.-based groSolar and Germany-based Wagner & Co Solartechnik GmbH over four years. The latest contracts bring the company's backlog to more than $1.7 billion, Evergreen said in a statement. The company plans to produce the wafers at a plant in Devens. (Bloomberg News) New HQ in Hub BOSTON - A European dental implant dental implant n. An artificial tooth that is anchored in the gums or jawbone to replace a missing tooth. dental implant company will establish its U.S. headquarters in Boston and follow up with a manufacturing facility, Gov. Deval L. Patrick said yesterday. Mr. Patrick, who is in San Diego for an international biotechnology conference, said the expansion plans by SOADCO/KLOCKNER would create up to 140 jobs over the next three years. Administration officials could not be reached for comment on the possible Massachusetts location of the manufacturing facility. RXi webcast WORCESTER - Tod Woolf, president and chief executive of RXi Pharmaceuticals Corp., is scheduled to speak at 3:15 p.m. June 25 at the Jefferies Second Annual Healthcare Conference in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . A live webcast will be available at www.rxipharma.com. RXi is developing medical treatments based on RNA interference RNA interference n. A process in which the introduction of double-stranded RNA into a cell inhibits the expression of genes. technology. More briefs on next page ART: PHOTO CUTLINE: Mr. Boyer |
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