MetroWest495 Biz

6 MetroWest495 Biz | February 2015 last year. Meanwhile, the company's net income, $151 million, or $1.82 per share, rose from $141 million, or $1.67 a share. For the full year, Waters took in $1.99 billion in sales, up 4 percent from $1.9 billion last year. Temp Air leaves MetroWest Temp Air Inc., which makes and installs temporary HVAC systems, has moved its Massachusetts operations from along the 495 belt in Marlbor- ough to Worcester. The Minnesota- based company has moved its only Bay State location to 270 Southwest Cutoff from Marlborough, according to a release from O'Brien Commercial Properties Inc., which helped broker the lease deal. Temp Air manufactures and installs temporary HVAC systems for commercial, industrial and emer- gency applications. The company has signed a long-term lease for the entire 13,920-square-foot building. Qualtre inks deal with Tokyo firm Qualtre of Marlborough, a manufac- turer of acoustic wave motion sensors, has signed a sales agreement with a Tokyo firm that will help expand Qual- tre's market, the company announced. The agreement with Alps Electric will enable it to market and sell Qualtre' gyroscope products. The two compa- nies already have manufacturing and strategic partnerships, Qualtre said. "Channel partnerships such as this one are a key component in our growth strategy," said Edgar Masri, Qualtre's president and CEO, in a statement. Health center adds services Vision care services are now avail- able at the Edward M. Kennedy Community Health Center (Kennedy CHC) on Union Street in downtown Framingham, the health center an- nounced. In partnership with the Mas- sachusetts College of Pharmacy and Health Sciences (MCPHS) in Worces- ter, Kennedy CHC has opened an optometry practice at the site. Students and teachers associated with MCPHS's doctoral program in optometry will now be available in Framingham to see Kennedy CHC patients. New CEO at Training Associates The Training Associates of West- borough will remain in the family, with Maria Melfa being named the new CEO, succeeding her father, Vic Melfa. Mr. Melfa will remain with TTA in the role of board chairman, the company announced. President since 2007, Maria Melfa has been driving day-to-day functions including sales, marketing, accounting, operations and recruiting. The Training Associates connects technology and business- skills instructors to organizations that provide training, such as training and outsourcing firms, software and hardware firms, service providers and universities. NStar's got a new name Northeast Utilities and NStar, which merged three years ago, is renamed Eversource Energy, according to sourc- es within the provider of electricity and natural gas. The name change also impacts Connecticut Light & Power (CL&P) and natural gas utility Yankee Gas, as well as Western Massachusetts Electric Co., and Public Service of New Hampshire, according to CL&P spokesman Mitch Gross. NStar pro- vides natural gas throughout much of Central Massachusetts, and power to most of the MetroWest-495 region. Acquisition for Harvard Bioscience Harvard Bioscience of Holliston has acquired HEKA Electronik, a privately held, German biomedical instrumentation and software business. The acquisition was for approximately $6 million in cash, Harvard Bioscience announced. Harvard Bioscience makes life sciences equipment and instru- ments. Its statement said that HEKA, as a key developer of patch clamp amplifier instruments for biomedi- cal research, "substantially bolsters Harvard Bioscience's product portfolio in the electrophysiology market." NECC funds seized More than $18 million was seized from accounts connected to the owners of New England Compounding Center (NECC), the Framingham pharmacy linked to the 2012 fungal meningitis outbreak, the U.S. Department of Justice said. The funds were seized from 13 financial institutions under 26 seizure warrants issued by the U.S. District Court in Boston. Approxi- mately $1.5 million was seized from three accounts held by Barry J. Cad- den, an NECC shareholder and the company's head pharmacist. Cadden, of Wrentham, was indicted last month on 131 criminal charges, as were 13 other NECC employees, in connection with the outbreak that killed 64 people and sickened 751 in 20 states. Among other charges, Cadden is accused of 25 counts of second-degree murder. Ashland firm gets licensing Ashland-based NuVascular Tech- nologies Inc. said it has obtained exclusive licensing to commercialize a stem cell device that allows the heart to repair itself in as little as two to four weeks. The device, known as the BioGenerator, is a minimally invasive treatment for patients with coronary heart disease, according to NuVascular Technologies. NuVascular is working with researchers at Worcester Polytech- nic Institute (WPI) and BioSurfaces Inc., also of Ashland, to commercial- Roundup s page 5 Make sure they get the recognition that they deserve by nominating them for one of the following Worcester Business Journal special awards! CALL FOR NOMINATIONS 10th ANNIVERSARY Business Women In Outstanding Worcester Business Journal's TOP WORKPLACES Looking to recognize that outstanding staff member, client, or colleague? Nomination Deadline: April 10, 2015 Nomination Deadline: May 1, 2015 Nomination Deadline: August 7, 2015 Nomination Deadline: September 4, 2015 Visit www.wbjournal.com/event and submit your nomination today! Ron Bouley Photography

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