MetroWest495 Biz

MetroWest495 Biz | October 2015 7 million, or 14 cents per share, the company reported. Its revenue for the quarter, which ended July 31, was $27.9 million. The loss, however, was lower than for the second quarter a year earlier, when SeaChange had an operating loss of $5.2 million, or 15 cents per share, and revenue of $29.8 million. The company credited the improvement primarily to the growth of new product revenues. For the first six months of fiscal 2016, the company posted revenue of $51.0 million and had an operating loss of $14.2 million. That compares favorably to the first half of fiscal 2015, the company noted. Millennial motivation studied by Staples A study conducted by Staples Advantage found that salary still contributes greatly to the loyalty of millennials, while also confirming that they value nontraditional benefits in creating goodwill. In a statement, the division of Framingham-based Staples said the finding from its 2015 Work - place Index runs counter to a com- monly held belief about the genera- tion. Almost one-third of millennials (29 percent) surveyed reported that higher salary is the biggest contribu- tor to their loyalty, despite only 20 percent of the broader workforce reporting the same. "Millennials are becoming the largest demographic in the U.S. workforce … so it's critical for employers to understand how to at - tract and retain millennial talent," said John Burke, senior vice president and chief culture officer for Staples. AMSC announces $40-million order Power grid and wind energy equip- ment manufacturer AMSC said it has received a $40-million order from Inox Wind Limited for wind turbine electrical control systems (ECS). The Devens-based company, formerly known as American Superconductor, expects to begin shipments under the new order during the current second quarter of fiscal 2015 and to complete the vast majority of shipments by the end of fiscal year 2015, which is March 31, 2016. AMSC's ECS are a suite of electronics systems that serve as the "brains" of the wind turbine to control power flow, voltage, pitch of the blades and other tasks that maximize efficiency. BJ's Wholesale Club has new president Christopher J. Baldwin has taken over as the president and chief operat- ing officer of Westborough-based BJ's Wholesale Club Inc., the company announced. Baldwin, was most recently the CEO of the Hess Retail Corp. Before joining Hess, Baldwin served in a variety of leadership roles, including president of the snacks division at Kraft Foods (Nabisco), and president of the Hershey Company's North American division, among others. n Bollywood quarterpage in Metrowest 8-24-15 issue.indd 1 8/12/2015 5:15:16 PM Planning. Building. Financing. Regulatory. Partner with Solect and get the expertise, innovation and commitment you need every step of the way. VISIT SOLECT.COM / GOSOLAR OR CALL 508.598.3511 TO SEE WHAT SOLAR CAN DO FOR YOUR BUSINESS. SUNLIGHT TRAVELS 92,955,807 MILES TO EARTH. WE'LL TAKE IT FROM THERE. COMMERCIAL•SCALE SOLAR SOLUTIONS. FROM THE EXPERTS IN ALL THINGS SOLAR. A Major Anniversary... A New Building... A Major Company Milestone Whether it's the celebration of a major anniversary or the opening of a new headquarters, Worcester Business Journal's Custom Publishing Division can help you create a custom magazine for your business. Our division's top flight team of writers and designers can help you tell your story – and make your business look great! Based on our unique publishing model, it's surprisingly affordable. Call WBJ Custom Corporate Project Director Christine Juetten at 508-755-8004 ext. 270. Custom Publishing Division An advertising supplement to the Worcester Business Journal Promoting Life & Health Sciences Now and Into the Future C e l e b r a t i n g 3 0 Y e a r s "World Class Incubators for World Class Science" An advertising supplement to the Worcester Business Journal "Helping Industry and the Environment Prosper" EnvironmEntal, HEaltH and SafEty ConSulting and EnginEEring SErviCES Can we create a magazine for you? CUSTOM

• Cover