MILLIPORESIGMA TO ADD 275 JOBS IN JAFFREY

Life sciences company MilliporeSigma has announced plans to hire another 700 workers in New Hampshire and Massachusetts as it ramps up production of key supplies used by pharmaceutical companies developing Covid-19 vaccines.

The Burlington, Mass.-based company said it will spend $47 million to increase capacity at its facilities in Jaffrey — where it already employs 1,100 people — and Danvers, Mass.

The company said the expansion will mean another 275 manufacturing jobs at its Jaffrey plant.

MilliporeSigma didn’t say which vaccine makers it is working with, but said it has more than 50 customers who are developing Covid-19 treatments.

“These investments will strengthen our global manufacturing footprint, allowing us to meet this unprecedented demand and help get lifesaving vaccines and therapies to more patients, faster,” said Chris Ross, interim CEO of MilliporeSigma, in a press release.

BOW MANUFACTURER ACQUIRED BY MASS. INVESTMENT GROUP

PlasTech Machining & Fabrication Inc. of Bow has been acquired by DelCam Holdings, a Newton, Mass.-based company, and will become part of DelCam Manufacturing, a private group that includes a variety of New Englandbased manufacturing and fabrication companies.

PlasTech provides plastics machining and fabrication services to the medical, high-tech and other industries. DelCam said it will keep the company at its current location.

Ken Schaefer and John Howe of M&A firm Business Transition Services coordinated the transaction and represented the sellers, Lou and Claire Ferriero. Sale price was not provided.

The sellers also were represented by the Concord law firm Orr & Reno, including attorneys Brad Melson and Peter Burger. The buyers were represented by the Laconia law firm Normandin, Cheney & O’Neil, including attorneys Kaitlin O’Neil and Robert Dietz.

CSX TRANSPORTATION ACQUIRES PAN AM RAILWAYS

CSX Transportation has entered an agreement to acquire Pan Am Railways, which owns 1,700 miles of track in New England, including 121 miles in New Hampshire.

Terms of the deal were not disclosed, but since Pan Am put itself on the block earlier this year, industry analysts estimated the asking price at about $700 million.

The Surface Transportation Board must approve the transaction.

CSX, headquartered in Jacksonville, Fla., owns and operates a rail network of some 21,000 miles of track in 23 states. By acquiring Pan Am, CSX would expand its presence in New York, Connecticut and Massachusetts and extend its reach to Vermont, New Hampshire and Maine.

In New Hampshire, Pan Am owns or operates five railway lines, including the Pan Am Railways Main Line — which runs 35 miles between Plaistow and Rollinsford, carrying the Amtrak Downeaster between Boston and Portland, with stops in Exeter, Durham and Dover — and the New Hampshire Main Line, which is over 40 miles and runs from Nashua to Concord. It carries threequarters of all freight (by weight) reaching the state by rail and is the route preferred by advocates of a commuter rail running from Boston through Nashua, Manchester and possibly Concord.

The 12-mile Hillsboro Branch connects Nashua to Wilton, where the stateowned line, operated by the Milford-Bennington Railroad, extends the service 18 miles to Bennington. On the Seacoast, Pan Am owns and operates the 10 miles of track between Portsmouth and Newfields and another 3.5 miles of track between Portsmouth and Newington. The company has indicated it intends to abandon the Hampton Branch, which runs 10 miles between Portsmouth and Hampton.