NH’s ‘Optics Valley’
Precision optics is likely one of the biggest manufacturing sectors in New Hampshire that most Granite Staters have never heard of.
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Northfield-based EPTAM Precision Solutions, a manufacturer of medical devices, has acquired Mendell Machine and Manufacturing, a medical component manufacturer in Lakeville, Minn.
Mendell specializes in precision machining of implantable devices for the orthopedic, structural heart, cardiovascular, and endovascular markets.
The deal, said EPTAM CEO Mark Kemp, allows the companies to combine their complementary capabilities and provides customers with a “one-stop shop” for orthopedic, cardiovascular, minimally invasive surgery and robotic-assisted surgery components.
No transaction price was provided.
Founded in 1981, EPTAM itself was acquired in January 2020 by Frazier Healthcare Partners. It specializes in polymer machining, precision metal machining and injection molding. It has over 450 employees and has two other facilities besides Northfield, one in Colorado. Springs, Colo., and the other in Phillipsburg, N.J.
Precision optics is likely one of the biggest manufacturing sectors in New Hampshire that most Granite Staters have never heard of.
Hosted by the Granite Outdoor Alliance, an organization set on uniting and advancing the key players in New Hampshire’s outdoor industry, this year’s sold-out Barn Raiser on June 10 reflected the breadth of the outdoor sector, bringing together public officials, business leaders, recreation providers and nonprofit representatives, among other key figures.
Analogic Corp. relocated from Peabody, Mass., to Salem, NH, in January. The privately held company designs and manufactures advanced imaging, detection and power technology for aviation security, health care and industrial markets. Its airport baggage screening systems are deployed in more than 26 countries.
New Hampshire’s outdoor economy is active and evolving, but the systems that support it have not kept pace, according to a new report by the Granite Outdoor Alliance. “Grounded Growth” was culled from three roundtables hosted by industry businesses around the state where 62 stakeholders from business, manufacturing, conservation, workforce and the public sector discussed challenges and opportunities shaping New Hampshire’s outdoor economy.
Hitchiner Manufacturing Co. has raised its starting hourly wage to $25.77, aligning entry-level pay with the Massachusetts Institute of Technology’s Living Wage Calculator for a single adult with no children in New Hampshire.
New Hampshire’s growing role in military and security related manufacturing was on display June 3 in Nashua. About 200 people, representing advanced manufacturing interests both in the state and regionally, registered for the Northeast National Security Conference that organizer Julie Demers said goes “beyond traditional defense that people would think of.”
Alene Candles, a full-service contract manufacturer of custom-designed fragranced candles and home fragrance products, is moving its Alene LEADS leadership development program fully in-house, as the company continues to invest in employee growth and workplace culture.
Arsenal Capital Partners has agreed to acquire a majority stake in Velcro Companies from the Cripps Foundation, which owns the privately held British company, a longtime New Hampshire employer. Under the deal announced May 26, the Cripps Foundation will continue as a minority shareholder of the company, which opened its manufacturing center in Manchester nearly 70 years ago.
BAE Systems announced Wednesday a $135 million investment for upgrades to its facilities in Hudson, N.H., and Austin, Texas, to further strengthen the U.S. defense industrial base, the company said.
