Worcester Business Journal

September 12, 2016

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www.wbjournal.com September 12, 2016 • Worcester Business Journal 5 REGIONAL BRIEFS GREEN SOLUTIONS… ONE SOURCE The company that builds and installs the critical systems in virtually every type of facility is the same company you can rely on to maintain them. For 50 years, our clients have trusted us to provide sustainable, more efficient, greener facilities. We are experts in: Energy Systems and Incentives Building Automation Technologies Sustainable Design and Operation 196 6-2016 196 6-2016 860.871.1111 Toll Free: 800.741.6367 nemsi.com License #'s: E1-104939 • S1-302974 • P1-203519 • F1-10498 • SM1-192 • MC-1134 MECHANICAL • ELECTRICAL • PLUMBING • SHEET METAL • BUILDING AUTOMATION • FACILITIES SERVICES Southborough co. fined $83K for OT violations Southborough construction company JBJ Construction, LLC, and its owner, William Depietri have been cited $83,965.53 in restitution and penalties for failing to pay overtime to 28 employ- ees, the office of Attorney General Maura Healey announced. The AG's office began an investigation after an employee of JBJ Construction filed a complaint alleging that he worked in excess of 40 hours in a week but that he was paid the regular rate of pay instead of the overtime rate. The investi- gation revealed that between September 2012 and October 2014, JBJ Construction failed to pay overtime wages to 28 of its employees. $67B EMC sale to Dell cleared The regulatory road for Texas' Dell Technologies to buy EMC Corp. of Hopkinton will come to an end on Sept. 7 after the $67-billion acquisition received Chinese regulatory approval. Approval from China's Ministry of Commerce (MOFCOM) was the last hurdle for the acquisition to clear after EMC shareholders voted in favor of the agreement in July. The takeover's $67-billion price tag is above the current record-holding tech buy -- the $25-billion sale of Compaq Computer to Hewlett-Packard in 2002. Still unresolved in the matter is what would happen to EMC employees, including the nearly 10,000 in Massachusetts. Jack's Abby to open another Framingham tasting room Framingham brewer Jack's Abby Craft Lager has proposed expanding its new facilities even further by opening a tast- ing room at the building next door to its 100 Clinton St. location. The expansion will give Jack's Abby 100,000 square feet of operating space on Clinton Street. The company left its orig- inal 12,000-square-foot headquarters in 2015 in favor of the 67,000-square-foot location on Clinton Street, a $6-million expansion that included a restaurant and doubling production. The proposed expansion into the 33,000-square-foot adjacent property at 102 Clinton St. will include more manu- facturing and storage space, in addition to the new tasting room. SeaChange reports $11.7M second-quarter loss Video software company SeaChange International reported a loss of $11.7 million, or 33 cents per share, for the second quarter of its 2017 fiscal year, the company announced. Total revenue for the quarter was $18.5 million. The loss is more than double the oper- ating loss from the same quarter last year, when the company reported an operat- ing loss of $4.8 million, or 14 cents per share, and $27.9 million in revenue. The losses come about five months after Terino replaced Jay Samit as CEO, after Samit was ousted by the board. >> Continued on page 6

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