New Hampshire's Business News for April 19

A look at today's top business headlines including: ‘Criminal investigations' linked to asbestos at Brady Sullivan site, Dixville Capital presenting Balsams plan to board, Recovery effort spreads Hope, Eastern Mountain Sports to close 8 stores, Guinta’s fund-raising woes


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State, feds discuss 'criminal investigations' linked to asbestos at Brady Sullivan site  Working on a tip from a confidential source, federal and state regulators investigated how piles of asbestos-laden debris ended up in Lawrence, Mass., outside a building owned by Brady Sullivan Properties, one of New Hampshire’s largest real estate developers. – NH PUBLIC RADIO

Dixville Capital presenting Balsams plan to board  Dixville Capital LLC, the Les Otten-led venture that is seeking to rehabilitate, enlarge and re-open The Balsams Resort, will present a site plan application for “the largest and most advanced ski resort on the East Coast” to the Coos County Planning Board on April 26. – NH UNION LEADER

NH considers joining climate change lawsuit  The state attorney general’s office is “looking into” joining other states’ efforts to investigate whether Exxon Mobil deceived the public or its shareholders about the effects of climate change. – CONCORD MONITOR

Recovery effort spreads Hope  In the last year, Hope for NH Recovery has facilitated the openings of a recovery center in Manchester last summer and another in Concord this month, and other communities are reaching out for help as well. – NH BUSINESS REVIEW

Berlin leaders welcome news of recovery center  Saying there should be one in every community that’s dealing with the scourge of substance abuse, Mayor Paul Grenier welcomed the announcement by Hope for New Hampshire Recovery that it wants to bring a recovery center to the city that trees built. – NH UNION LEADER

PillPack to hire 100 despite setback  PillPack, a major Millyard employer, said it plans to add more than 100 jobs by year’s end, despite the impending loss of 30 percent of its current customers in a dispute with a major pharmacy benefit management firm.  – NH UNION LEADER

Elliot’s pediatric ICU may be closed  Elliot Hospital, which is pondering whether to partner with another health care organization, plans to make a decision soon on whether to close its pediatric intensive care unit. – NH UNION LEADER

Eversource files application for 13-mile transmission line  Eversource has filed an application with the New Hampshire Site Evaluation Committee for a new 115-kilovolt transmission line to connect substations in Madbury and Portsmouth. – NH UNION LEADER

Mayor says Berlin still interested in acquiring Smith Hydro station  City officials recently met with representatives of Eversource, and the main topic of conversation, according to Mayor Paul Grenier, was Eversource’s ongoing divestiture of its energy-producing assets, in particular the Smith Hydro station. – NH UNION LEADER

Electric Co-op adds conservation incentives  Three new programs promote curtailing energy use during peak periods. – NH BUSINESS REVIEW

Executive Council approves Capone Iron grant  The state Executive Council has formally approved the $500,000 Community Development Block Grant for Capone Iron Corporation North Woods in Berlin. – THE BERLIN DAILY SUN

Kingsbury Corp. closes Swanzey office  The last remnant of Kingsbury Corp.'s operations in the Monadnock Region is gone. – THE KEENE SENTINEL

Eastern Mountain Sports to close eight stores  The move is part of a bankruptcy reorganization by Vestis Retail Group, which will also close all 47 of Sport Chalet locations on the West Coast and one Bob’s Stores in Maine. – THE BOSTON GLOBE

Baseball unit throws a curve at Performance Sports Group Company records 3Q loss on downturn in bat sales. – NH BUSINESS REVIEW

Portsmouth City Council approves land deal for second garage  The council has unanimously voted to authorize spending $4.9 million on a property that will become the city's second downtown parking garage. – PORTSMOUTH HERALD

Charity charade: A look at how it works, why it fails and what to look for When you donate to a good cause, be it a national nonprofit or a private, more intimate effort, you can’t be certain the money will wind up where it should. – CONCORD MONITOR

Cleaning woman sues TV station, claims she was injured by falling metal panels  A Derry woman has filed a lawsuit against WBIN, saying it was responsible for the injuries she suffered while working for a cleaning company hired by the TV station. – CONCORD MONITOR

Campaign finance reports revealed; contributions to Tucker campaign double that of Guinta's  One of U.S. Rep. Frank Guinta's challengers for the Republican nomination raised nearly twice as much money from individual donors, according to a receipt filed with the Federal Election Commission. – NH UNION LEADER

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