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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
  • 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 »

Richard Boyle of Autumn Management sells Valley Apartments in Easthampton for $7.25 million

Friday, March 20, 2015

EASTHAMPTON — The Valley Apartments complex on Route 10 owned by Autumn Management has been sold for $7.25 million, according to David Ryan, the real estate agent who handled the sale. The 104-unit complex was purchased by Kuber Krupa LLC, owned by Easthampton businessman Naresh Patel, in a …

Carmakers are in hot pursuit of fleet sales to law enforcement agencies

Friday, March 20, 2015

By David Undercoffler Los Angeles Times (TNS) LOS ANGELES — Fleet sales are an important part of U.S. automakers’ bottom lines, and none have more cachet or higher visibility than a contract with a law enforcement agency. In addition to producing a reliable source of revenue, being chosen …

Stocks sink as crude oil prices resume slide

Thursday, March 19, 2015

NEW YORK — Another drop in oil prices helped drive the stock market to a loss on Thursday, as major indexes gave up their gains from the day before. Chevron, Exxon Mobil and other energy companies led stocks …

Conn. panel OKs tribal casino bill

Thursday, March 19, 2015

HARTFORD, Conn. (AP) — A bill that would authorize Connecticut’s two federally recognized tribes to open up to three jointly run, smaller-scale casinos cleared a key hurdle Thursday. The General Assembly’s Public Safety and Security Committee voted 15-to-8 in favor of the legislation, which is being pushed by …

New Bedford reaches deal to vie for southeast casino

Thursday, March 19, 2015

BOSTON — New Bedford is all-in as it vies for the state’s final gambling license. Mayor Jon Mitchell and the developers proposing a $650 million waterfront casino announced a deal Thursday, prompting state regulators to grant the company until May 4 to secure financial commitments and other requirements …

Stocks, bonds rally on Fed’s cautious signals

Wednesday, March 18, 2015

NEW YORK — The Federal Reserve surprised financial markets on Wednesday with a cautious outlook on the economy, pushing stocks and bonds sharply higher. After wrapping up a two-day meeting, Fed policymakers left open the possibility of a …

Fed seeks further job gains before rate hike

Wednesday, March 18, 2015

WASHINGTON — After holding interest rates at record lows for more than six years, the Federal Reserve still isn’t ready to start raising them. The Fed signaled Wednesday that it needs the job market to improve further and …

Regional auction lists livestock prices

Wednesday, March 18, 2015

The Northampton Co-op Auction Inc. lists Tuesday prices: Calves: $30 to $90; Growers: $120 to $460; Started: none; Veal: none; Feeders: $89 to $190; Heifers: $110; Steers: $163; Bulls: $120 to $146; Canners: $20 to $102; Cutters: $106 to $117; Utility: $121 to $126; sows: $35 to $45; …

GM retreats from Russia

Wednesday, March 18, 2015

MOSCOW — General Motors will slash production in Russia and pull its mass-market Opel brand completely in the face of plummeting sales in the economically troubled country. Mainstream GM brands have been among the biggest losers as Russia’s …

Stocks drop slightly on interest rate worries

Tuesday, March 17, 2015

NEW YORK — The guessing game over higher interest rates is making for a jerky stock market. A day after their biggest gain in six weeks, U.S. stock indexes mostly fell on Tuesday as oil continued to slide …