New Hampshire's Business News for May 10

A look at today's top business headlines, including: Another manufacturing site being tested for PFCs, bills designed to curb energy projects take a hit, Dyn gets $50 million investment, hundreds expected for New Hampshire substance misuse summit, Keene Dem says she won't seek a sixth term in NH Senate


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Another Merrimack area site being tested for PFCS The NH Department of Environmental Services is awaiting results for the possible presence of PFCs in water samples taken at the location of another manufacturing company in the greater Merrimack area. – NH BUSINESS REVIEW

Vermont residents sue Saint-Gobain for at least $5 million over tainted water  Attorneys filed a class-action suit Friday against accuses Saint-Gobain Performance Plastics they say has poisoned more than 500 Bennington and North Bennington residents through mismanagement of a toxic industrial chemical. – VTDIGGER

Bills designed to curb energy projects take a hit  of the Kinder Morgan natural gas pipeline may be celebrating the company’s decision to shelve the Northeast Energy Direct project, but New Hampshire lawmakers have given them little to cheer about. – NH UNION LEADER

Eversource files to up electric rate  As other utilities tell customers to expect lower energy rates this summer, Eversource announced Monday it projects customers will see their monthly electric bills increase by an average of $5.50 this summer. – CONCORD MONITOR

Private equity firm invests $50 million in Dyn  Manchester-based Dyn Inc. has received its biggest jolt of funding yet – a $50 million infusion of capital from a new private equity fund that will enable the cloud technology company to expand, either organically or by acquisitions. – NH BUSINESS REVIEW

C&S ups channel presence with Davidson Specialty Foods buy  C&S Wholesale Grocers of Keene, NH, plans to acquire Davidson Specialty Foods of Newington, Conn., increasing its supply of specialty and ethnic foods. The sale is expected to close in June. – THE SHELBY REPORT

Lakes Region businesses planning for busy summer  Lakes Region businesses say more people are booking vacation time in the area this year than last, and chamber of commerce officials say it’s because of the expanded entertainment offerings this summer around Lake Winnipesaukee. – NH UNION LEADER

Gunstock Mountain Resort gets nearly $1M loan from Belknap County  After a tough winter, the Gunstock Area Commission needed nearly $1 million to tide the resort over until next year. – THE LACONIA DAILY SUN

Manchester School Board: No teacher layoffs for now  School board members voted unanimously Monday night against authorizing Superintendent of Schools Debra Livingston to issue layoff notices to eight high school teachers. – NH UNION LEADER

Why education still matters  Several recent events point out the contradictions facing education in the state’s largest city. – NH BUSINESS REVIEW

Hundreds expected for New Hampshire substance misuse summit  Tuesday's daylong conference is aimed at encouraging participants to reach beyond their professions and learn from their peers in other areas to address a growing crisis of heroin addiction and other substance use disorders in the state. – NH PUBLIC RADIO

Hope for NH Recovery opens in Concord  With cameras flashing and a round of applause, local officials and Hope for New Hampshire Recovery board members cut the shiny purple ribbon at the nonprofit’s new location in Concord shortly after 9 a.m. Monday. – CONCORD MONITOR

Transitional housing for addicts discussed in Nashua  On the eve before the first New Hampshire Governor's Summit on Substance Misuse, a White House official visits Nashua to discuss the opioid crisis. – NH UNION LEADER

Forrester withdraws State School site proposal  After an outcry of opposition from the community, State Sen. Jeanie Forrester has withdrawn her proposal to convert the former site of the State School in Laconia into a substance misuse treatment center. – LACONIA CITIZEN

Winners of Business in Arts Awards lauded  C&S Wholesale Grocers, New Hampshire Mutual Bancorp, Portwalk Place and the Drum Center of Portsmouth were named the winners of the Business in the Arts Awards on Monday by the NH Business Committee for the Arts. – NH UNION LEADER

Officials told again not to charge people who copy documents with their own equipment  For the second time in six months, city lawyers have stepped in and told city officials they cannot charge a copying fee to people who want to use their own equipment to copy or photograph city documents. – NH UNION LEADER

North Conway investment adviser barred  A North Conway investment adviser, who in February had been ordered to pay $1.3 million in restitution to clients, has agreed with federal regulators to not associate with people connected to the investment industry, authorities announced Monday. – NH UNION LEADER

Molly Kelly announces she won't seek a sixth term in NH Senate  Molly Kelly, D-Keene, a longtime New Hampshire senator representing District 10, will not seek a sixth term in Concord, she told The Sentinel during a stop at the newspaper this morning. – THE KEENE SENTINEL

Five seek Prescott's Senate seat  At least five candidates are lining up to battle for the District 23 seat held by five-term Sen. Russell Prescott of Kingston. – LAWRENCE EAGLE-TRIBUNE

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