News

CDFA awards $500k to aid Smuttynose expansion

A $500,000 grant has been approved by the New Hampshire Community Development Finance Authority to help fund Smuttynose Brewing Company's expansion into a larger facility in Hampton.Pending confirmation of the grant by the Executive Council, Smuttynose is expected to double…

Patent infringement suit filed against iCAD

Nashua-based iCAD Inc. is the target of a patent infringement suit filed by an Israeli corporation that markets and commercializes technology emerging from Israel's Weizmann Institute of Science.Yeda Research and Development Company alleges that iCAD -- which makes cancer-detection systems…

Brookstone names new CEO

Stephen Bebis, founder of the Golf Town retail chain in Canada, has been named the new CEO of Merrimack-based specialty retailer Brookstone.Bebis replaces Ron Boire, who recently stepped from the post to become chief merchandising officer of Sears Holdings Corp.Bebis…

MacMillin merges with Vt. construction firm

The Keene-based MacMillin Company, one of New Hampshire's oldest and largest construction firms, has merged with D.E.W. Construction, Corp., a larger general contractor based in Williston, Vt.The merger, announced Tuesday by the firms, will create a company with "great synergy,"…

Presstek reports $1.2m quarterly loss

Presstek Inc. reported a net loss of $1.2 million, or 4 cents a share, on Tuesday as financial woes continued to mount for the printing equipment company.The firm is headquartered in Greenwich, Conn., but has a substantial facility in Hudson,…

iCAD reports $2.3m first-quarter loss

Nashua-based iCAD lost another $2.3 million in the first quarter of 2012, about 4 cents a share, and revenues were down 14 percent, to $6.3 million, according to the firm's most recent filing with the U.S. Securities and Exchange Commission.But…