Friday, June 3, 2011

Daily Business Update from the Boston Globe

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Fri. Jun. 03, 2011

Wegmans to open Burlington store
Wegmans, the New York grocery chain, is planning to build a 140,000 square foot supermarket near the Burlington Mall by the spring of 2013.

DRC to buy High Performance Technologies
Dynamics Research, or DRC, agrees to buy High Performance Technologies, a company in suburban Washington, D.C., that provides services to many of the same markets as DRC.

GT Solar receives $460m order
GT Solar said it's received the largest single order in its history --- a $460.4 million order for furnaces that can be used in the production of light-emitting diodes.

Iron Mountain completes digital asset sale
Iron Mountain completes the previously announced $380 million sale of a major portion of its digital storage business to Autonomy Corp.

Dunkin' revs up for National Donut Day
Today is National Donut Day, and Dunkin' Donuts is celebrating this event with an outburst of promotions and social media contests.

Flextronics to lay off 250 in Mass.
''We are now taking the technical support function in house,'' Murphy said in a statement. ''Our goal is to simplify and improve the customer experience in our company-owned stores by staffing in house with employees whom we hire and train.''

BJ's key sales figure climbs in May
BJ's said that May revenue at stores open at least a year climbed 7.4 percent excluding membership fees, driven by strong gasoline sales.

State offers tips on storm-related insurance claims, sets up hotline
The Patrick Administration today urged residents affected by tornado and storm damage in the state to file claims with their home insurers and set up a hotline to assist homeowners.

FST is opening a Hyannis office
Fay, Spofford & Thorndike LLC, the Burlington-based engineering firm responsible for the original design of the Sagamore and Bourne bridges, said it is opening a new office in Hyannis.

iRobot lands $14.1m Navy order
Bedford's iRobot Corp. said it has received a $14.1 million order from the Naval Systems Command. The order is part of a larger contract for battlefield robots.

Biogen shareholders back annual 'say on pay'
Stockowners at Biogen Idec Inc.'s annual meeting okayed a measure that will allow them to take yearly advisory votes on executive compensation.

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