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Business & Money

Lamson & Goodnow Manufacturing will move to Westfield; Ashfield man buys most of its Shelburne Falls site

Saturday, March 28, 2015

SHELBURNE FALLS — After 178 years in Shelburne Falls, Lamson & Goodnow Manufacturing Co. will move to Westfield. Chief Operating Officer James Pelletier said he signed a lease Thursday that takes effect Wednesday. The lease was signed a day after 12.5 acres of Lamson’s 18-acre property and buildings were sold for $1.3 million to businessman John Madocks of Ashfield. Last fall, after the cutlery manufacturer filed for bankruptcy protection, the …

House on Memorial Street in Deerfield sells for $1.15 million

Saturday, March 28, 2015

DEERFIELD — Another home has sold for more than $1 million in Old Deerfield. According to records from the Registry of Deeds, the property at 7 Memorial St., located across from the Memorial Hall Museum and Library, recently was sold for $1,150,000 by Linda McInerney to Freccia LLC, a limited liability company with headquarters on Fifth Avenue in New York City. Cara Canzani, …

Berkshire Gas expands ban on new natural gas service to Amherst, Hadley, Hatfield and Sunderland

Saturday, March 28, 2015

The Berkshire Gas Co. announced Friday it will not accept any new customers in Hampshire County, expanding an earlier moratorium on new service enacted in Franklin County last year. That raises concerns about its impact on economic development in the affected communities. Effective immediately, the utility will no longer allow any new natural gas service in Amherst, Hadley and Hatfield in Hampshire County …

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Daily Deals debuts Tuesday on GazetteNET

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Daily Deals debuts Tuesday on GazetteNET
  • KEVIN GUTTING
Jim Brooks of Northampton takes a recreational shell out for a row on the Connecticut River. The oars are fixed into the oar locks so the blade is "square," the best angle to power through the water, but this immobilization also keeps the blade from being "feathered," or turned parallel to the surface, during the return stroke out of the water.

    KEVIN GUTTING Jim Brooks of Northampton takes a recreational shell out for a row on the Connecticut River. The oars are fixed into the oar locks so the blade is "square," the best angle to power through the water, but this immobilization also keeps the blade from being "feathered," or turned parallel to the surface, during the return stroke out of the water. Purchase photo reprints »

  • CAROL LOLLIS
left, Pete Rogers, of Amherst, and Michael Matis, of Amherst talk during a weekly luncheon for homeless veterans at the World War II club in Northampton.

    CAROL LOLLIS left, Pete Rogers, of Amherst, and Michael Matis, of Amherst talk during a weekly luncheon for homeless veterans at the World War II club in Northampton. Purchase photo reprints »

  • CAROL LOLLIS
 Assistant DA Jennifer Suhl gives closing statements in the Emmanuel T. Bile trial Friday morning.

    CAROL LOLLIS Assistant DA Jennifer Suhl gives closing statements in the Emmanuel T. Bile trial Friday morning. Purchase photo reprints »

  • MICKY BEDELL
John Lebeaux, Mass. commissioner of agricultural resources, speaks during the annual Community Involved in Sustaining Agriculture meeting at the Northampton senior center on Friday night.

    MICKY BEDELL
John Lebeaux, Mass. commissioner of agricultural resources, speaks during the annual Community Involved in Sustaining Agriculture meeting at the Northampton senior center on Friday night. Purchase photo reprints »

  • CAROL LOLLIS
Easter candy at Ben and Bill's Chocolate Emporium.

    CAROL LOLLIS Easter candy at Ben and Bill's Chocolate Emporium. Purchase photo reprints »

  • JERREY ROBERTS
Northampton Policemen Steven Digiammo, left, and Paul Marguet practice shooting in the dark Friday inside a portable trailer parked at the Northampton State Police barracks on North King Street.

    JERREY ROBERTS Northampton Policemen Steven Digiammo, left, and Paul Marguet practice shooting in the dark Friday inside a portable trailer parked at the Northampton State Police barracks on North King Street. Purchase photo reprints »

State agricultural commissioner John Lebeaux makes first official Pioneer Valley appearance

Friday, March 27, 2015

NORTHAMPTON — Though the number might seem small, newly-appointed state agricultural commissioner John Lebeaux said a recent 1 percent increase in the number of farms in the Valley is a “trend in the right direction.” In his first …

Yellen: Rate increase likely

Friday, March 27, 2015

WASHINGTON — Federal Reserve Chair Janet Yellen said Friday that continued improvement in the U.S. economy means an increase in the Fed’s key interest rate could come later this year. But Yellen stressed that any rate increases would likely be very gradual. The Fed has kept its benchmark …

US economic growth may be mild, but it’s durable

Friday, March 27, 2015

WASHINGTON — The U.S. economy’s tepid performance last quarter — a 2.2 percent annual growth rate, the government said Friday — was typical of the economic rebound that began in the summer of 2009. Yet the generally sluggish …

Stocks fall for 4th day

Thursday, March 26, 2015

NEW YORK — A see-saw day for U.S. stocks ended with slight losses on Thursday, giving the market its fourth drop in a row. Edgy investors continue to monitor violence in the Middle East and the rapid ascent …

Electric rate shock even worse than expected for some

Thursday, March 26, 2015

This has been a hard winter for many, not only because of historically cold temperatures, but also because they’ve seen electric bills shoot through the roof. The heart of the problem is the generation rate, or supply rate, that represents local utilities’ pass-through cost for the power they …

Heinz acquires Kraft, creating $28B food giant

Wednesday, March 25, 2015

NEW YORK — Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of …

Markets drop for 3rd day

Wednesday, March 25, 2015

NEW YORK — Investors dumped high-flying technology and biotech companies and sent the stock market down for a third straight day Wednesday. Major indexes drifted lower in early trading, following news that orders for long-lasting U.S. goods sank …

Medicare revamp bill advances

Wednesday, March 25, 2015

WASHINGTON — President Barack Obama said Wednesday he’s ready to sign “good, bipartisan” legislation protecting physicians from steep cuts in Medicare reimbursements and bolstering health programs for children and the poor as Senate Democrats seemed to soften their …

Regional auction lists livestock prices

Wednesday, March 25, 2015

The Northampton Co-op Auction Inc. lists Tuesday prices: Calves: $40 to $90; Growers: $100 to $470; Started: none; Veal: none; Feeders: $91 to $118; Heifers: $95.50 to $111; Steers: $128 to $167; Bulls: $91 to $114; Canners: $10 to $97; Cutters: $101 to $109; Utility: $111 to $116; …

Smartphone domination close to complete

Wednesday, March 25, 2015

In case you haven’t raised your head long enough to notice the throngs of people gazing hypnotically at their smartphones, the nation has passed a milestone. Smartphones now make up 75 percent of the mobile phone market, up from 65 percent a year ago and just 2 percent …