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Boston-Power Names Keith Schmid as CEO

Local Company News Written by Webmaster   
Thursday, 03 February 2011 23:28

Boston-Power Names Keith Schmid as CEO

Power industry veteran bolsters executive team as company enters next stage of growth

WESTBOROUGH, Mass. – February 3, 2011– Boston-Power®, Inc., the rapidly growing provider of next-generation lithium-ion battery cells, battery modules and battery management systems, today announced that Keith Schmid has been appointed as chief executive officer. His addition to the management team comes as Boston-Power expands its product and business development, sales and marketing activities in key industry sectors that include transportation, utility energy storage and portable power.

With customers that include worldwide brands such as HP, Saab, Asus and NASA, and more to be announced in the first half of 2011, Schmid brings to Boston-Power a track record for growing companies into industry leaders coupled with an extensive background in the power systems and energy storage industries. He joins from Power Distribution, Inc., a leading provider of power distribution equipment and services, where he served as president and CEO. Under his leadership, revenues more than tripled.  Schmid is credited with spearheading the diversification of the product portfolio;   executing and integrating strategic acquisitions; and establishing sales channels in Europe, Asia and Latin America. Earlier in his career, he held a series of executive-level positions at Exide Industrial Energy, GNB Technologies, Philips Consumer Communications and AT&T/Lucent Power Systems.

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Last Updated on Thursday, 03 February 2011 23:39
Read more: Boston-Power Names Keith Schmid as CEO
 
   

Happy Anniversary, Central One Federal Credit Union!

Local Company News Written by Webmaster   
Friday, 29 October 2010 06:13

Happy Anniversary to Central One FCU!  Located at 40 South St, they're celebrating their first year anniversary of opening in Westborough! Not your "ordinary bank" by any stretch, they're really nice people with some very cool features at their new branch building.

Stop by if you can today or tomorrow  (Friday, Oct 29, Saturday Oct. 30) for the last days of their week-long celebration, which featured food samplings from local favorites such as Christina’sCafé, Hisa Japanese Cuisine, Creative Catering by Roche Bros., Rotary Pizza, South Street Diner,Tavolino,Westboro Variety & Deli, and Holy Cow Ice Cream & Mini Golf.  They're also having a drawing for one of:

  • 32" flat screen TV (a $400 value)
  • Detail Combo package (a $159.95 value) from Car Wash & Detailing of Westborough
  • Dinner for two at Tavolino ($60 value)

View artwork by Westborough students on display in the lobby all week.  And, please donate a non-perishable item to the Westborough Food Pantry. (They’re in need of breakfast cereals, pancake mix & syrup, cookies & crackers, soaps & shampoo, toothpaste/toothbrushes, canned tuna.)

Here are some of the events:

Friday, October 29th is Westborough Community Day
7:30-11:30AM Enjoy morning refreshments from Roche Bros.
11:30AM-1:00PM Food samplings from South Street Diner
Daylong Information from various Westborough Community Groups
Including Westborough Historical Society display
Saturday, October 30th is Family Fun Day
Daylong Enjoy refreshments from Roche Bros.
10:00-11:30AM Ice cream tasting from Holy Cow! Enjoy Music by WHS Student Groups
10:00AM-12:00PM Kids can decorate their own mini-pumpkin. Meet Oakie!

Friday, October 29th is Westborough Community Day

7:30-11:30AM Enjoy morning refreshments from Roche Bros.
11:30AM-1:00PM Food samplings from South Street Diner
Daylong: Information from various Westborough Community Groups, including Westborough Historical Society display

Saturday, October 30th is Family Fun Day

Daylong: Enjoy refreshments from Roche Bros.
10:00-11:30AM Ice cream tasting from Holy Cow! Enjoy Music by WHS Student Groups
10:00AM-12:00PM Kids can decorate their own mini-pumpkin. Meet Oakie!

For a wonderful writeup of Central One, please see the following blog entry from Dave Crandall who pens The Boroughs Review blog, reproduced with permission below:

Central One FCU - A welcome addition Big banks, local banks, credit unions…with the economy and all the media coverage over the past two years, it is hard to think of a bank with a good reputation. Most of my experience with has fortunately been with credit unions and overall it has been positive. But I too have had my share of frustration.

For the past ten plus years my primary credit union has been DCU. I used to proudly proclaim repeated great experiences with DCU. The last two years my experiences with DCU have gone downhill. Now, I realize there are a lot of regulations that every financial institution needs to follow but every interaction seems less and less personal. For some time I just ignored my frustrations as I knew DCU was better then some of the larger banks.

Then just over a year ago, construction began on the new Central One FCU branch in Westborough. Originally I didn't think much of it, but I was shopping for a new car loan and stopped in to see what they could offer. Their loans rates were as good as anyone else at the time, maybe slightly better, but the things that really got me was the staff. When I entered the branch I was greeted by the branch manager David Kaiser. We got to talking about the community and his thoughts on being in Westborough. David is definitely proud to be part of this community. He and I got to talking about Central One, the community, and how he was eager to be more and more a part of Westborough. All things I was happy to hear as get excited when businesses and individuals look at us as a community and want to involve themselves as much as possible.

Since this first meeting I have gotten to learn more about Central One FCU and experience first hand how they do business. I have to say I think i may have found a new credit union, and what was originally my car loan I want to become more. Things like being open at 7AM. I do sometimes need to stop into a branch but working in Cambridge doesn't make it easy for most banks. Westborough Central One FCU is open Monday through Friday at 7AM. Sure they are open on Saturday as well, but I try to focus my weekends on spending some family time. And I want to add every time I visit the Westborough branch or even talk to them on the phone, I am not treated as a number. There is legitimate recognition in their voices and knowledge of who I am and the accounts I am involved with. To me, stopping at the Central One FCU branch in Westborough is like stopping to say hi to a friend.

The last time I spoke with David he mentioned he was planning a week long one year anniversary celebration of Central One being in Westborough. On my way back from Lazers soccer practice yesterday morning I stopped in to find out what is going on. I am amazed at how much is planned for this week and I wanted to share some of the details. This is all from the flyer I picked up and it is not a complete list of activities. I encourage everyone to stop by on their own and see what else is planned. Overall there is something fun each day. There are breakfast (7:30AM - 11:30AM), and lunch (11:30AM - 1:00PM) food samplings from local favorites such Christina's Cafe, Hisa Japanese Cuisine, Creative Catering by Roche Bros., Rotary Pizza, South Street Diner, Westboro Variety and Deli, and Holy Cow Ice Cream. On Monday 10/26, Tavolino is even doing an evening food sampling from 5:00PM to 6:00PM. There are displays from Westborough school art and design programs, going green initiatives, and many other community organizations throughout the week. On Saturday 10/30 they even have live music planned all morning from some of the WHS student groups.

Central One FCU in Westborough is really trying to stand out and be part of the community. I am impressed with every experience I have had to date and I look forward to more. I encourage everyone to at least check out what they have in terms of services and compare them to what you currently have elsewhere. But most of all I hope everyone gets to find out first hand the personal interest the the Central One FCU Westborough staff takes in each of their customers. In my mind that is what really sets them apart.

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Last Updated on Friday, 29 October 2010 06:38
 
   

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