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Boston PE firm acquires E. Berlin manufacturer

Boston private equity firm Artemis Capital Partners has acquired a majority stake in East Berlin polymers maker StanChem for an undisclosed sum, the companies said.

Despite sinking sales, STR trims 2Q losses

Enfield solar component manufacturer STR Holdings reduced its second-quarter losses by cutting expenses and other costs amid a steep drop in sales revenue.

UTC chief quits Trump advisory group as White House disbands it


United Technologies CEO Gregory Hayes said he was quitting President Donald Trump's American Manufacturing Council just as the president announced Wednesday that he was disbanding that group and...

Pratt's Gerken heads female engineers' group

Gregory Seay |

Pratt & Whitney Co. engineer Jonna Gerken has been installed to a one-year term as president of the Society of Women Engineers (SWE).

Pentagon, Sikorsky sued over small-business contracts


A group representing small businesses is suing the Pentagon and Sikorsky for information about the defense contractor's hiring of small and minority businesses as subcontractors.

Stanley opens its securities business HQ in Indiana

Patricia Daddona |

Stanley Black & Decker opened its $16 million Stanley Security North America headquarters Thursday in Fishers, Ind.

UConn, URI create coalition for Navy training

Patricia Daddona |

The University of Connecticut and the University of Rhode Island are teaming up with the U.S. Navy to provide training for engineering undergraduates considering careers in the Navy and undersea...

CNG Engineering and Koma Precision host benefit golf tournament

CNC Engineering in Enfield and Koma Precision in East Windsor hosted their ninth annual Manufacturing Technology Golf Tournament. The event raised $38,000 for the Machine Technology...

TransAct Tech posts 15% profit rise

Patricia Daddona |

Hamden-based software technology firm TransAct Technologies said its profits rose 15 percent in the second quarter, mostly due to growth in the restaurant technology market.

Kaman's 2Q sales, net down

Gregory Seay |

Bloomfield manufacturer Kaman Corp. posted lower second-quarter net income and sales.

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