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COLUMN: BUSINESS BRIEFS

Telegram & 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 Corp. $42.66 -$0.40 (volume of 951,139 shares)

People

Boyer new CEO

BARRE - Guy H. Boyer has been appointed president and chief executive of Barre Savings Bank, 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, Vt., before it merged with Berkshire Bank in 2007.

Local

R&H cuts staff

MARLBORO - 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, 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 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. A live webcast will be available at www.rxipharma.com. RXi is developing medical treatments based on RNA interference technology.

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Title Annotation:BUSINESS
Publication:Telegram & Gazette (Worcester, MA)
Date:Jun 19, 2008
Words:431
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