MetroWest495 Biz

6 MetroWest495 Biz | August 2014 Simply Beter. saversbank.com 800.649.3036 Member FDIC Member SIF Equal Housing Lender It's Your Move. Choose Wisely. Our Commercial Services Team is the wise choice to help your business win the game. Make your move, choose Savers Bank today. is expected to be completed by early 2015. The New England community, known as the New England Sikh Study Circle (NESSC), is based in Milford. 7 MetRoWest sites leased Despite what it said were high vacancy rates in the area, Greater Boston Commercial Properties (GBCP) recently brokered leases for seven properties in MetroWest. Architectural firm Dario Design Inc. leased 5,398 square feet of space on the second floor at 318 Main St. in Northborough from Capital Group Properties. In a second transaction, Disruptor Beam, a computer game programmer, expanded into 4,014 square feet on the second floor of 161 Worcester Rd. in Framingham. GBCP also handled new leases for 176 East Main St. in Westborough to Sports Fields Holdings LLC; an office lease to Citara Systems at 239 South St. in Hopkinton; and an office lease to HelixBind at 181 Cedar Hill St. in Marlborough. The company brokered two office lease renewals as well: to Workbeast, LLC at 65 Boston Post Rd. West in Marlborough; and RMS at 87 Elm St. in Hopkinton. adcole of MaRlBoRough acquiRed By huB fiRM Adcole Corp., a Marlborough-based maker of measuring devices used in manufacturing processes, announced it has been acquired by Artemis Capital Partners, a Boston-based private equity firm, for an undisclosed amount. Along with the acquisition, John Brooks Reece Jr., long-time head of Adcole Metrology, has been promoted to president and CEO, succeeding Addison Cole, the company's founder. Adcole also has offices in Detroit, Tokyo, Shanghai and Germany. iac Buying pRinceton RevieW Media and internet company IAC plans to acquire The Princeton Review, the Natick-based test preparation and college admission services company owned by Charlesbank Capital Partners. The acquisition will be carried out by IAC's Tutor. com business, an online tutoring company. Following the acquisition, Tutor.com and The Princeton Review will be run by Tutor CEO Mandy Ginsberg, according to a statement. Services of the combined company will be offered primarily under The Princeton Review brand, though Tutor.com will be used for certain clients. RecoRd nuMBeRs foR cogneX of naticK Natick-based Cognex Corp. announced record profits and revenue for its second quarter. The machine vision technology developer reported adjusted net income of $28.64 million, or 32 cents per share, compared to $18.69 million, or 21 cents per share, last year. Analysts expected the company to report profits of 22 cents per share. Year-over-year revenue rose from $86.5 million to $108.8 million this year. That, too, exceeded analysts' predictions of $103.3 million. Cognex said it enjoyed particularly strong performance in the factory automation and surface inspection markets, with European sales roundup s page 5 Cyprian Keyes Golf Club ...Enjoy the Experience... All-Inclusive Golf Outing Packages Meeting Rooms with Private Patios Best Pricing on Corporate Golf Balls Contact Deborah Murphy, Director of Sales and Catering at 508.869.9900 extension 18 or deborahm@cypriankeyes.com to discuss your corporate meeting and golf outing needs. Come experience all that we have to offer. WWW.CYPRIANKEYES.COM 284 East Temple Street Boylston, MA 01505 www.facebook.com/cypriankeyes Cyprian Keyes Golf Club ...Enjoy the Experience... Contact Susan Piper at 508.869.9900 extension 18 to discuss your corporate meeting and golf outing needs. Come experience all that we have to offer. All-Inclusive Golf Outing Packages Meeting Rooms with Private Patios Best Pricing on Corporate Golf Balls WWW.CYPRIANKEYES.COM 284 East Temple Street Boylston, MA 01505 www.facebook.com/cypriankeyes WWW.CYPRIANKEYES.COM 284 East Temple Street Boylston, MA 01505 www.facebook.com/cypriankeyes Cyprian Keyes Golf Club ...Enjoy the Experience... Contact Susan Piper at 508.869.9900 extension 18 to discuss your corporate meeting and golf outing needs. Come experience all that we have to offer. All-Inclusive Golf Outing Packages Meeting Rooms with Private Patios Best Pricing on Corporate Golf Balls B E S T O F B U SI N E S S Awards B E S T O F B U S I N E S S 2014 W o r c e s t e r B u sin ess J o u r n a l fRaMinghaM MuseuM leadeR RetiRing T he woman responsible for moving Danforth Art into Framingham's historic Jonathan Maynard Building announced she will retire at the end of the year. After a decade at the helm, Katherine French will leave her role as director of the art museum and school, making her the longest-serving director in the institution's nearly 40-year history. Danforth Art's board of trustees has established a committee to oversee a national search for a new director. Under French's leadership, operations grew from $1.1 mil- lion in 2005 to $1.8 million in 2014, with the organi- zation receiving its largest donation — an anonymous gift of $500,000 — in September 2012. Katherine French

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