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The Boston Globe


Europe’s worries cast shadow on the Bay State

The European crisis is rattling confidence among Massachusetts businesses, which depend disproportionately on trans-Atlantic commerce

Business is good at Heat Trace Products in Leominster. Owner and chief executive Wayne Canty just returned from a trip to Russia with new orders to fill.

But Canty admits that he’s proceeding carefully with any expansion plans and holding off hiring for two open positions. He recently decided to convene company managers early next month to consider whether the company’s plans for the future should be fine-tuned.

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