PSNH turns to N.H. Supreme Court in scrubber showdown with PUC
What could be at stake is either millions of dollars in savings for ratepayers or a multimillion-dollar hit to shareholders
Author: Bob Sanders
Biomed firm moves its operations from Calif. to Salem
Gamma Medica employs 24 in N.H., with another half-dozen expected by year’s end
Limited health networks raise the ire of snubbed hospitals
Two new lower-cost health offerings offer proof that ‘the ground is shifting’ in N.H.’s health insurance market
N.H. Banking Dept. seeks expenses from bankruptcy court for FRM Ponzi probe
State revenue agency is looking for a share too
Still alive, Tamposi trust legal wrangling heads to federal court
This time the argument is over the actions of a lawyer
Enterasys is sold to Calif. firm in $180m deal
CEO: The deal would be ‘transformational for the industry’
Arnesen asks AG to investigate Tyco settlement decisions
She’s questioning the Secretary of State’s role in awarding $7m to 2 colleges
Dartmouth-Hitchcock, Elliot team up with Harvard Pilgrim in shared-risk plan
The focus will be on coordinated care and a ‘sustainable health system’
State’s colleges adapt to the changing world of business education
All you need to know about business schools in New Hampshire
13 N.H. businesses file for bankruptcy in August
It’s the lowest number filed this year
Rochester-to-Ossipee rail upgrade wins $1.4m federal TIGER grant
But 20-mile North Country project looks like it’s been rejected again
N.H. area agencies voice payment concerns over new Medicaid computer system
Payment backlog is causing accounting headaches, they say
Standex begins search for new CEO
Longtime top exec Roger Fix to become board chairman
Study measures beer distributors’ impact on N.H. economy
Proportionately, New Hampshire is chugging more than its fair share of suds
N.H. real estate market picks up big time in July
Statewide, sales rose 23%, and the median sales price increased more than 10%
What’s the economic impact of a mostly empty vacation home?
Many owners of opulent houses in the Lakes Region aren't exactly itching to rent them out
Bottomline Technologies to acquire two Euro firms
Both companies serve banks on the SWIFT system
Drop in N.H. worker comp payments leads nation
21.7% decline comes as national average payouts increase
Gardner on Tyco money: I contacted other colleges
But at least two inquiries were over five years ago
Update: All N.H. Patch sites in operation, two editors out
But buyers or partners are being sought for two sites
Hoped-for Coos freight rail upgrade seen as a difference maker
Area officials say the project would encourage more development in Berlin, Gorham and Groveton
Mass. ‘tech tax’ could hit N.H. businesses
Granite State high-tech firms with customers south of the border may unknowingly be covered by the tax
iCAD revenues up, but company posts a loss
The good news: The $1.9m loss is an improvement over a year ago, when iCAD lost $2.9m
As it pushes into specialty market, White Mountains posts 2Q net income of $26m
The company posted quarterly income of $26 million for the second quarter of 2013, the same as it was during the second quarter of last year
Fate of N.H. Patch sites up in the air
AOL hasn’t announced whether any of the underperforming sites include any of the dozen in New Hampshire
PC Connection nets $9m in 2Q
The Merrimack-based company sold some $557 million of computer equipment and software in the second quarter of 2013
GTAT back in the black in 2Q, but barely
GTAT mainly lived off its backlog last quarter, with only $14 million of new orders
Anthem Blue Cross moving to downtown Manchester
The insurer will occupy three floors of the former Bank of America building at 1155 Elm Street
Despite roof collapse, Ruger reports explosive sales
New product sales represented $102.7 million, or just short of a third of all sales
In July, 16 N.H. businesses declare bankruptcy
Sixteen New Hampshire businesses went under in July, which was – at least in relative terms – good news
Centrix earnings fall, but other numbers climb
Assets climbed to $895 million, up 12 percent
Questions raised about $7m Tyco settlement spending
Length and transparency of the decision-making process and how the money will be used are called into question
Natural gas again pumps up Unitil earnings
Thanks to the cold winter, the company is more profitable so far this year, with earnings up 24%
$55m sought from angel investors to revive USA Springs water plant
Firm submits request to state to renew water withdrawal permit
Maine firm’s Portland-Montreal passenger rail plan includes Berlin
The intention is to connect the new rail service with Amtrak’s Downeaster
New Hampshire trucker, law firms file national truck stop suit
The suit against the Pilot Flying J chain was filed shortly before the quick settlement of a similar case
USA Springs case may not be completely dead yet
Bankruptcy trustee is seeking bankruptcy court OK for permission to hire a lawyer to explore whether it makes sense to pursue proceeds of an $8.4m loan
Business groups left smiling after legislative session
After little new legislation, and some failed major bills, the assessment: no harm, no foul
Vt. bank acquisition adds to N.H. Thrift Bancshares holdings
Details of the $14.4 million purchase of Central Financial Corp., owner of Randolph National Bank, were released in a proxy last week
N.H. business loans shoot up under federal bank lending program
In the first quarter, the banks collectively lent businesses $817 million – 30 percent more than 2010
Ruger picks North Carolina for new manufacturing plant
The new site is not far from rival gunmaker Remington’s headquarters
N.H. Ball Bearings acquires German firm
Cerobear manufactures ceramic ball bearings, giving NHBB a new product
N.H. foreclosures remain on their downward track
But there were more foreclosures in May than April
24 June bankruptcies in N.H. due to business debt
Database change adds business-related personal bankruptcies to statistics
Governor signs N.H. business corporation law rewrite
It’s the first major rewrite in two decades of New Hampshire’s corporation law
Retail Merchants’ energy program gets a last-minute extension
The energy-efficiency program covers audits as well as installation of conservation measures
N.H. gets mostly mediocre grades for manufacturing climate
Workforce gets an ‘A,’ but other measurements fall short, according to report
N.H. May home sales a blast from the past
Best news for May home sales since 2005
ProPhotonix gets another $3m infusion
A $3m financing package would be interest-free for a year, followed by a hefty 12.25% interest rate
N.H. amusement ride operators sued in Mass. over wage practices
The suit alleges that the company required its foreign workers to work up to 95 hours a week at a flat $400 salary
More news from NHBR:
Shipyard payroll shows strength over the years
An analysis of economic impact reports of the Portsmouth Naval Shipyard by the Seacoast Shipyard Association from calendar year 2020 to 2025 shows that payroll value increased by 15.3% — from $671.4 million to $774 million.
NH is destination for space sector
The two-day Space, Technology, Trade and Research expo on Oct. 28-29 in Durham convened innovators, producers, scientists, engineers, investors, bankers, students and representatives of the U.S. Space Force and Department of War. The goal: Increase networking, collaboration and awareness of what’s happening here, including on the campus of UNH, which provides tools, expertise and facilities for product development and testing.
BAE signs pact with War Department to increase production of laser-guidance kits
The Hudson campus of BAE Systems was the setting for the signing of a multiyear agreement with the U.S. Department of War to increase production capacity of the company’s APKWS laser-guidance kits up to 35,000 units per year. The kits, which transform unguided 2.75-inch rockets into precision-guided munitions, are used by the Air Force, Army, Marine Corps and Navy, and are available to U.S. allies.
The sweepstakes to pick a Medicare plan is on
The exit of two Medicare Advantage carriers from the state will affect 14,200 current enrollees, while changes to other plans could mean a decline in overall enrollment in Advantage plans by 18,104 beneficiaries in 2027
Live-work-create tech village eyed for Manchester
A tech-entrepreneur turned venture capitalist is eyeing one of the largest undeveloped tracts in Manchester for a community where tech- and startup-minded people would live and work. Freedom Village would be located on 250 acres of mostly wooded land at Hackett Hill, which is located in the northwestern corner of Manchester.
Manchester property values jump nearly 50%
The value of all property in Manchester increased by almost half — 48% ‑ over the past five years, according to preliminary data released by city officials on Oct. 13 The valuations, compiled due to a citywide revaluation, add up to $23.09 billion. The current value of city properties is $15.56 billion, which was based on assessments made during the city's last revaluation.
Building tomorrow’s manufacturing workforce
This year’s Advanced Manufacturing and High Technology Summit kicked off with a topic universal to all employers: how to build the workforce of tomorrow. The 24th annual event organized by the New Hampshire Manufacturing Extension Partnership on Oct. 9 featured a keynote panel discussion featuring representatives from the state’s university and community college systems.
It’s (still) the economy, stupid
Back in 1992, political strategist James Carvell came up with the phrase, “It’s the economy, stupid,” to help Democrat Bill Clinton defeat incumbent Republican President George H.W. Bush.
Trouble on the home front
Permitting and construction of new homes is up, but it’s still at historic lows and not enough to keep up with demand. The recent housing production is mostly single-family, with a smattering of multi-family developments but relatively few duplexes, triplexes and fourplexes.
