FBI officials search Woburn business
WOBURN, Mass. (WHDH) -- Carloads of federal officials swarmed a Woburn business on Wednesday morning.
A massive federal raid at Agiltron, a Woburn business, went on all day and into the evening.
FBI agents worked alongside Homeland Security Investigators from U.S. Immigration and Customs Enforcement. Even though ICE is involved, the raid has nothing to do with illegal immigrants.
The agency also probes illegal exports. A source with knowledge of the probe told 7News that there are concerns executives at Agiltron may have exported technology without the appropriate licenses.
The U.S. attorney’s office in Boston confirmed agents executed a search warrant, but they did not reveal why. A federal judge issued a search warrant, finding probable cause a crime may have been committed, but the document has been sealed.
A source told 7News federal investigators have been putting in a long day sifting through data, emails and other documents in computer files.
According to its website, Algitron is a high-tech company specializing in optic components and systems, including switches and laser technology.
For at least 10 years Algitron has been a defense contractor, making more than $46 million on 250 contracts between 2000 and 2011, according to a website which tracks companies that work with the Pentagon.
The company is growing -- it needed more space and moved to its Woburn location in 2011.