Author: NH Business Review Staff

Ruger execs got big raises in ’11

Sturm Ruger & Co.'s top five executives earned compensation packages totaling $12.15 million in fiscal 2011, more than triple the amount they earned a year ago, according to the company's annual proxy.Michael O. Fifer , the company's CEO, got the…

Presstek closes year with another loss

Hudson-based Presstek Inc. lost another $3.8 million (10 cents a diluted share) in its fourth quarter -- an improvement over the previous year's finish -- but still resulting in a $12.4 million annual loss (33 cents a share), a slightly…

N.H. eligible for piece of Constellation-FERC $250m settlement

A trading group of Constellation Energy, an independent power provider for business users in New Hampshire and other states, has agreed to pay nearly $250 million to settle charges of price manipulation. A fraction of that money could be claimed…

Ex-FPU president sues Italian college over unpaid salary

George Hagerty, the former president of Franklin Pierce University in Rindge, is suing his subsequent employer, St. John International University Inc. -- a school chartered in New Hampshire but located in Italy -- for not paying him as St. John's…

Yet another extension for USA Springs financing

A U.S. Bankruptcy Court judge last week granted USA Springs its sixth delay since Halloween on a supposed $60 million financing of its controversial water bottling plant at the border of Nottingham and Barrington.The deadline for the financing package is…

Cleveland or else, acquired Bedford firm’s employees told

Bostonpost Technologies, a Bedford firm that makes software for companies that manage affordable housing, will be shutting its doors in New Hampshire on March 23, resulting in most employees having to look for other work.MRI Software LLC bought Bostonpost from…

BlackBerry maker buys Nashua antenna firm

Research in Motion Ltd., the Canadian company famous for its BlackBerry smartphones, has purchased a Nashua-based firm that specializes in developing antennas for mobile phones.RIM announced the purchase last week of Paratek Microwave Inc., which designs and manufactures tunable radio-frequency…

Has the value of the Red Sox diminished?

It's hardly been a storied New England winter this year, but now with baseball players in Florida, spring is definitely in the air.Yet while the advent of spring training usually puts a bounce in the step of almost all New…

Making intellectual property rights patently clear

Imagine a situation in which an employee creates an invention or produces a work for an employer. Who owns the patent rights or copyright for the invention or work?In the absence of an express, written employment contract clearly allocating ownership…

Fuel standard is bad for N.H.

To the editor:House Bill 1487 should be enacted in order to avoid costly increases in fuel and heating oil prices for New Hampshire citizens.State Representatives Holden, Bettencourt and O'Brien have co-sponsored the bill, which would require legislative approval prior to…

RGGI repeal: Twice is not the charm

Once again, a few shortsighted souls in the New Hampshire House have mounted an effort to repeal the state's participation in the Regional Greenhouse Gas Initiative. The difference this year is that, fortunately, they appear to be alone.RGGI is a…

It’s time to complete electric restructuring

Over a decade ago, the New Hampshire Legislature made the wise decision to restructure the state's electric industry and provide consumers the ability to choose their electric provider. A vibrant competitive generation market developed here and across the region.Consumers have…

Thoughts on a primary six months away

Late February is approximately six months before the state primary -- the "other" New Hampshire primary.First, this year is a presidential election year. Just a couple of months ago, it looked as if President Obama was vulnerable to almost any…

NHBR About Town: Make-A-Wish Foundation of New Hampshire

The Make-A-Wish Foundation of New Hampshire, with support from its longtime partner, the New Hampshire Credit Union League, has celebrated its 1,000 wish with the building of a custom-designed, nearly three-story enchanted castle for a Wish Child David in Epping.

NHBR About Town: Family Resource Center

Audley Williams, left, station manager for WPKQ, FM channel 103.7, presents the station's "Year of Service" award to Sue Watson and Marie Demers of the Family Resource Center, a Gorham-based nonprofit that works to improve the health, welfare and educational…

NHBR About Town: Easter Seals New Hampshire

On Valentine's Day, Public Service of New Hampshire hosted the kickoff breakfast for Easter Seals New Hampshire's annual VIP campaign, in which 20 companies, or so-called "Easter Seals VIPs", work to raise $500,000 for the nonprofit to support its services…

NHBR About Town: More Than Wheels

Debby Miller, executive director of More Than Wheels, accepts a $10,000 grant from Ken Sheldon, New Hampshire president of Bank of America, which will support the nonprofit's credit repair program, which helps consumers achieve access to reliable and affordable transportation.

NHBR About Town: Citizens Bank and WMUR-TV

Terri Crossland, right, branch manager for Citizens Bank in Berlin, presents Sylvia Poulin, co-founder of the Berlin Main Street program, with the Heart of Your City award for her contributions to the state's northernmost city. Presented by Citizens Bank and…

NHBR About Town: Manchester Area Human Resources

The Manchester Area Human Resources Association has donated more than $3,000 to the nonprofit the Society of Human Resources Management, which was raised through membership donations and a silent auction and will be used to support the society's student scholarships.

NHBR About Town: Small Business Administration

In February, the Small Business Administration, the Greater New England Minority Purchasing Council and the New Hampshire Small Business Development Center jointly hosted a meet-and-greet for small and minority business owners to learn ways to expand their customer base and…

NHBR About Town: Families in Transition

Gathering to celebrate the opening of Families in Transition's new OutFITters Thrift Store Boutique on South Main St. in Concord are representatives from the nonprofit homeless services provider and local businesses that helped fund the expansion. From left, Shawna DeFrancesco,…

NHBR About Town: Irving Oil

Representatives from Irving Oil join Special Olympics New Hampshire athletes and their parents at the UNH men's hockey game on February 10. Irving donated tickets to the game to Special Olympics.

Q&A with Former state securities chief Mark Connolly

Mark Connolly, former director of the New Hampshire Bureau of Securities Regulation, resigned in January 2011, saying that aspects of the multimillion-dollar Financial Resources Mortgage Ponzi scheme scandal were covered up. He has since gone on to write "Cover-Up: One…

NHBR About Town: Hampshire First Bank

Attorney Eleanor Dahar, a board member of the New Hampshire Bar Foundation, presents Jim Dunphy, president of Hampshire First Bank, with the IOLTA Leadership Bank Award. The IOLTA program -- or the Interest on Lawyers Trust Account -- provides critical…

Sharing your knowledge, increasing your value

Advertising legend David Ogilvy provided a great example of how generously giving away some of your industry knowledge and expertise can lead to increased paid business opportunities.Beginning in the late 1960s, Ogilvy launched a series of "house" ads giving detailed…

Make hiring more affordable — and create jobs

It was a reception where most people wore suits or dresses. I found myself chatting with an affable gentleman wearing a golf shirt and slacks. He didn't seem to feel underdressed.As we sipped our wine and sampled hors d'oeuvres, he…

Will the enemy of the good defeat CACR 12?

The New Hampshire Senate recently passed and sent to the House yet another proposed constitutional amendment designed to specify our Legislature's authority and responsibility regarding state aid to local education, including the ability to use "targeted" aid as the basic…

HB 1642 is about economic development

I'd like to clarify some facts about House Bill 1642. Let's be clear: The goal of HB 1642 is to make the business climate here in New Hampshire more attractive for destination specialty hospitals and clinics. Locating these centers in…

N.H. loses bid to stall Isaacson sale

A federal bankruptcy court judge Thursday denied the state of New Hampshire's objection to the sale of Isaacson Structural Steel Inc. to several auctioneers, dismissing the state's hope that one of the low bidders might put together an offer to…

Startup Challenge seeks competitors

Startups in New Hampshire that could use a leg up to get their business off the ground are encouraged to get in the running for the state's largest business plan competition, which offers the winning idea $35,000 in cash and…

Foss plans to add 40-45 jobs in Hampton

Foss Manufacturing, the Hampton-based manufacturer that emerged from bankruptcy in 2006, plans to add another 40 to 45 workers with the help of a $1.6 million refinancing deal using federal money via the New Hampshire Business Finance Authority and the…

Attorney corrects Isaacson jobs claim; DES objects to sale

Isaacson Structural Steel Inc., the Berlin-based construction and supply company that was auctioned off last week for $2.4 million to several auctioneers, has a slight correction to make when asking for bankruptcy court approval.On March 1, the estate's attorney, William…

House readies vote on health exchange

A bill prohibiting state officials from planning for a state health exchange is one of the major measures affecting business that is due to come before the House this week.The bill is expected to be voted on either Wednesday or…

Bottomline buys Intuit commercial unit

Bottomline Technologies is buying the commercial banking business of financial software giant Intuit Inc. - the company that makes Quicken and Turbo Tax -- the Portsmouth company disclosed Monday.The sale price is $20 million.Bottomline provides financial software of its own,…

Bankruptcies down, two N.H. businesses file in Feb.

Despite the extra day in February this leap year, some 350 New Hampshire households and businesses filed for bankruptcy last month, which was 54 (or 13.3 percent) fewer than in February 2011 and 156 (or 30 percent) fewer than in…

Companies agree to buy Isaacson; fate of jobs unclear

A consortium of three companies that specialize in auctioning off commercial assets agreed to buy Isaacson Structural Steel at a bankruptcy auction for $2.4 million on Wednesday. Those three companies -- Counsel RB Capital LLC, of White Plains, N.Y., Ohio-based…

N.H. Lottery takes chance on New England-wide game

To increase revenues, the New Hampshire Lottery is teaming up with the lotteries of the five other New England states to launch a new game that gives players a chance to win $1,000 a day for their entire lives.The game…

ICAD finishes 2011 with $37m loss

ICAD lost another $2.2 million, or 4 cents per share in its final quarter of 2011, and while that's nearly a $700,000 improvement on the fourth quarter of the previous year, the Nashua medical imagining company will still finish 2011…

January future construction a mixed bag

The total value of future construction contracts in New Hampshire fell 37 percent in January from the same month the previous year, but activity actually rose in two construction sectors over that period.Future construction contracts totaled $82.4 million in the…

2008 Outstanding Women in Business Awards

The third annual Outstanding Women in Business, presented by New Hampshire Business Review and Laconia Savings Bank, salutes the winners of the 2008 Outstanding Women in Business Awards, celebrating the success and achievements of women in our state's business community.We…

N.H. entrepreneur puts his faith in a Ghost

When entrepreneur Greg Sancoff takes his watercraft out for a test drive on the Piscataqua River, the 75-foot long vessel draws quizzical looks from people who see it. There are good reasons for the double-take stares. The sleekly angled, supercavitating…

Taking the business pulse of the Upper Valley

NHBR's editors met recently at the Courtyard by Marriott in Lebanon with businesspeople from around the Upper Valley to get their take on how the area's economy is faring and what their expectations are for the future.The participants were:Jake Blum,…