Satcon Technology Corp., a developer of solar-energy technologies, is expanding its manufacturing operations in Boston. The move will include the addition of 25 manufacturing jobs in the next two months, a company executive said.The Boston-based company, which makes power inverters for utility-scale solar projects, opted to expand locally after considering alternative sites in California and Ontario, according to Dan Gladkowski, the company’s vice president for administration. The planned
Global Internet domain-name broker Sedo Inc. has officially set a Guinness World Record with the sale of sex.com. Based in Cologne, Germany, Sedo has its U.S. headquarters in Cambridge, Mass.The salacious web address sold last November to Clover Holdings for $13 million, securing its place in the record books as the most expensive domain name on record, according to London-based Guinness World Records. However, sex.com may have failed to break its own record in the November sale. The web
Representatives from Georgia-Pacific, the Atlanta-based company that owns Dixie Cutlery, will be in Leominster this week to discuss a planned expansion, the Sentinel & Enterprise reports.Georgia-Pacific is seeking a tax break for the $20 million expansion, which city officials hope will bring jobs to Leominster, the Sentinel & Enterprise ...
The financial outlook for the city of Lawrence remains dour despite a slate of developments that are expected to revitalize swaths of land and add some 500 full-time jobs over the next few years.A recent report by Moody’s Investors Service indicated that Lawrence’s $3.1 billion tax base will see continued pressure amid high foreclosures, above-average unemployment (15.6 percent) and falling home prices (assessed values fell 14.4 percent in 2010). Roughly 80 percent of the city’s real
He may have one of the most demanding day jobs in the world, but US President Barack Obama took on one more work assignment Saturday when he stepped in to coach daughter Sasha's basketball team – even though she wasn't there ...
US Treasury Secretary Timothy Geithner said Saturday that the package of spending cuts the House of Representatives passed earlier in the day would "undermine and damage our capacity to create jobs and expand the economy." ...
Photos by Mike Pecci ... Photos by Mike Pecci ... ... PHOTO: Mike Pecci ... The Masons of Amicable Lodge (Website Facebook) ... READ : How the Boston rock scene grew up, got real jobs, and became — Freemasons? by Eugenia Williamson ... Read more ...
SPECIAL REPORT: The creative minds at MIT are trying to solve a dilemma by building an almost Jetson-esque home of the future. One of their plans is to build housing complexes similar to the way that computers are built. Starting with something called a “chasis” ...