Author: Ken Sheldon

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More news from NHBR:

Driven by defense

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 brings LEADS leadership development program fully in-house

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.

Private equity firm agrees to acquire a majority stake in Velcro Companies

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.

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BAE Systems invests $85 million in Hudson, NH, campus

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.

Velcro plans to move Manchester manufacturing to Somersworth

Velcro Companies plans to consolidate textiles manufacturing from its Queen City site to its production facility in Somersworth but is committed to remaining in New Hampshire, the company said Monday. Velcro, which has operated in Manchester for nearly 70 years, is the only U.S. manufacturer of textile hook and loop fasteners.

ADUs, manufactured homes can help with NH housing crisis

Single-family and condominium alternatives, such as manufactured homes and accessory dwellings units (ADUs), could go a long way toward helping ease New Hampshire’s housing crisis. But those options can have some obstacles, according to participants in a forum.