Author: NH Business Review Staff

NHBR About Town: Associated General Contractors of New Hampshire

At the spring dinner of the Associated General Contractors of New Hampshire, David Wood, center, presents the 16th annual New Hampshire Construction Industry Ethics Award to thefamily of the late Mark 'Killer' Bates of Weaver Brothers Construction. Bates, who passed…

Q&A with Management consultant/author Michael Charney

Bedford-based writer, management consultant and book publisher Michael Charney claims to have never been that interested in politics. A small-government, moderate Republican, Charney tapped a latent, mid-life political passion when he embarked on a quest to gauge the social media…

Flotsam & Jetsam

Line crossingThat was quite an interesting combination of power and paranoia put on display by House Speaker Bill O'Brien earlier this month when he barred two reporters from the Concord Monitor from attending his press conference on supposed welfare abuse.The…

How to save Social Security for the long term

To the editor:The June 15-26 issue contained a fine article about so-called Social Security ("Social Security: What is at stake" by David Certner, legislative policy director of AARP). Both my wife and I receive Social Security benefits and also are…

Thanks to Unitil for STEM help

To the editor:On behalf of Bow High School, I am writing to express our appreciation to Unitil for their outstanding support of our Project Lead the Way engineering program.Throughout the past year, Bow High School and Unitil have collaborated on…

N.H.’s economic future needs projects like Northern Pass

In the June 29-July 12 edition of New Hampshire Business Review, Jamie White attempts to address the very important topic of New Hampshire's economic future in the context of considering the Northern Pass project ("Northern Pass risks region reaping benefits…

Don’t sell retail’s economic benefits short

Several pieces in various media lately have made negative comments about the types of jobs that the retail provides. In particular, with the Merrimack Premium Outlets opening last month, there have been references to the jobs not paying much.Quite frankly,…

Standex buys German electronics firm

Standex International Corp. has acquired Meder Electronic Group, a German company that designs switches, relays and sensors, for more than $40 million in cash.The acquisition would broaden the Salem-based company's product line and markets - both geographically and industrial -…

Manchester welcomes pedestrians in downtown pilot

A half block of Hanover Street in downtown Manchester will be a pedestrian walkway every Friday and Saturday night for an hour in a three-week pilot program that starts at 6 p.m. this Friday.The mayor and aldermen recently approved the…

Ex-Ezenia execs get $60k in severance settlements

Ezenia has settled the severance claims of two former executives for almost $60,000, but the largest claim, of its former CEO, remains unresolved.The executives' claims have languished since last September, when the publicly traded software company, then headquartered in Nashua,…

Prison consultant deal heads to exec council

New Hampshire will be looking to a former Massachusetts corrections commissioner to help it decide whether to accept one of four proposals to privatize the state's prison system, if the Executive Council approves a $171,347 consulting contract at its Wednesday…

N.H. foreclosures fall in May, but slow recovery is seen

The number of foreclosure deeds recorded in New Hampshire in May declined from the previous month, but increased from May of 2011.There were 351 foreclosure deeds recorded in the state in May, a 9 percent decline from the 384 deeds…

Future construction numbers remain sluggish in May

Future construction contracts in New Hampshire totaled $160.5 million in May, an increase from the previous month, but a decrease from the same month last year.May's total was a 54 percent increase from the $106.8 million recorded in April 2012,…

6 New Hampshire businesses file for bankruptcy in June

June was pretty much the same as May when it came to bankruptcy filings in New Hampshire.Some 329 households and business filed for bankruptcy in June 2012, only 14 fewer filings than in May. Bankruptcy filings in both months, however,…

N.H. economy gives businesses reason for optimism

Is the economy really bouncing back?Jasen Stock may have put it best, even if he was only talking about the lumber industry."There is some improvement and stability there," said the executive director of the New Hampshire Timberland Owners Association. "The…

HR managers face varied challenges

It's a tough time to be in human resources. With rising health care costs, an aging workforce, sputtering morale among workers who have been asked to do more with less, and a widening skills gap, there are many challenges facing…

What makes the Monadnock Region tick?

NHBR's editors met recently at the Keene offices of Better Homes & Gardens/The Masiello Group with businesspeople from around the Keene area to get their take on how the region's economy is faring and what their expectations are for the…

USNH rewards program seeks lower-cost care

A growing number of University System of New Hampshire employees are finding savings for health-related care -- and are being rewarded for it -- by taking advantage of lower-cost care.Health care costs across the university system are estimated at about…

New Hampshire should reject prisons-for-profit

While political attention is focused on the end of a contentious legislative session and the beginning of a busy election season, a momentous decision is being considered behind closed doors in the Department of Administrative Services.There, Administrative Services and Department…

Northern Pass risks region reaping benefits of economic change

The Northern Pass project debate has raged around property rights, land values and the destruction of natural beauty on the one hand and potential construction jobs and tax revenues on the other, with little discussion regarding its long-term economic implications…

Wind power subsidy is a lot of hot air

In a sound free-market economy, taxes should be easy to understand and applied in a neutral manner; the code should only be used to raise revenue, not to meddle in the economy. This spring, nearly every Republican in Washington supported…

Why Europe does matter — to everyone

The biweekly nature of the New Hampshire Business Review makes it problematic to cover ongoing economic events. But what I can do is offer quarterly economic updates. This column serves as the first part of a third-quarter update.For almost a…

Despite woes, Postal Service is a national asset

Has the U.S. Postal Service reached the end of the line and become as relevant as the hand-delivered telegram?It's a question worth debating carefully and thoroughly as the combination of technological change, questionable political policy, and a real budget crisis…

Understanding the business valuation process

The process involved in valuing Facebook for its recent initial public offering was a complex one, requiring professional judgment and the application of a variety of economic, market and asset-based business valuation techniques.Many business valuation techniques are available to use…

Flotsam & Jetsam

Goose for the ganderThere is a certain sweet irony - perhaps absurdity would be a better choice of word - in the recent commotion over the town of Sugar Hill, just north of the Notches.The whole ruckus, to remind you,…

Welcome to the politics of Dreamland

The Wednesday after Father's Day, I had a minor medical procedure that involved mild anesthesia. As I drifted off, I had a dream about the U.S. and New Hampshire's election year from here on. It made the experience easier:On the…

Q&A with Restaurateur and Broadway producer Chuck Rolecek

Chuck Rolecek has spent decades in food service, including as owner of the former C.R. Sparks in Bedford and now Hanover Street Chophouse in Manchester. A few years ago, he provided some investment money for an unknown play called "Rock…

Micronetics execs will keep jobs in merger with Mass. firm

The three top executives of Hudson-based Micronetics Inc. will keep their jobs as a result of the Hudson company's merger with the much larger Mercury Computer Systems Inc. of Chelmsford, Mass., according to a recent preliminary proxy sent to Micronetics'…

First-quarter personal income rises in N.H.

In the first quarter of 2012, total personal income in New Hampshire grew to $61.4 billion, up $535 million from the previous quarter and the state's largest quarterly gain since the second quarter of 2011.But during the same quarter, total…

In May, home sales up, median price down

Home sales continued to post strong year-over-year gains in May, though median price continues to lag behind last year's figures, according to two new reports. Two May housing reports -- one by RE/MAX of New England, the other by the…

Presstek shareholders OK reverse split plan

Shareholders at Presstek Inc. overwhelmingly gave the company's board of directors the right to issue up to a 1-to-15 reverse stock split, according to a filing with the U.S. Securities and Exchange Commission.In a vote taken on June 12, holders…

GT Advanced Technologies moves way beyond solar

Jim Furtado, a Derry engineer who had worked for a quarter-century on computer boards, thinks the PC industry is "pretty crappy." He found that out the hard way after getting laid off once again the day after coming back from…

Business Excellence Award nominations sought

Nominations are now being accepted for NHBR's 2012 Business Excellence Awards, which are celebrating their 10th year of recognizing the state's standout businesses.For a decade, the awards have recognized the imagination, innovation, achievements and dedication to the larger community of…

Save Our Groundwater not alone in USA Springs opposition

To the editor:Many of us in the state have appreciated NHBR's steadfast coverage of the USA Springs Inc. case over 11 years. The case remains the first major test of our state's groundwater protection law.However, the most recent article ("USA…

Who really benefits from RGGI funds?

To the editor:The May 18-31 issue of NHBR had an article by Rick Minard ("At least keep the RGGI safety net") as how RGGI funds benefit low-income New Hampshire homeowners. According to the article, about 10 percent of RGGI funds…

Capturing the imagination of future tech workers

Fellow entrepreneurs and CEOs show surprise when they hear tech company Dyn is based in New Hampshire. They say the talent, ideas and investor money are in Silicon Valley, New York or Cambridge. As Dyn's CEO responsible for the long-term…

Social Security: What is at stake

How critical is Social Security to the people of New Hampshire? One AARP member in New Hampshire put it this way: "This is the only retirement for a large percentage of the population. These people have been working all their…

Legislation brings overdue school building aid reform

While the Legislature was dealing with resignations and constitutional amendments, it was easy to lose track of some rather far-reaching legislation that will directly affect school districts across the state. The House and Senate earlier this month agreed to overdue…

‘Financial reset’ affects professional services

With one of my not-for-profit clients, I am working with two interns, both college graduates, working for $10 an hour -- just to be doing something. This is a very difficult time to be matriculating. My son, another of the…

New state law could muddy non-compete picture

On May 15, Governor Lynch signed into law House Bill 1270, an act requiring all New Hampshire employers to disclose non-compete and non-piracy agreements prior to making an offer of employment or an offer of change in job classification.This bill…

Investing in downtown Nashua

Downtown Nashua differs a bit from other large New Hampshire cities. Although the downtown area lacks the highway accessibility and mid- and high-rise office towers that Manchester and Concord enjoy, it boasts atmosphere and character, along with plans to improve…

Economic lessons the world is trying to teach us

The World Economic Forum is held every January in Davos, a picturesque town in the Swiss Alps. "Committed to improving the state of the world," it was started in 1971 by Professor Klaus Schwab, who continues to run and moderate…

Using a strategic alliance to boost company value

There's no question that an infusion of funding through an investor will provide a nice boost to a balance sheet. But this type of boost usually comes at a steep price: Investors typically want substantial equity interest in the business…