News

Milford candlemaker to expand in Ohio

Alene Candles LLC, the Milford-based contract manufacturer of high-end candles and home fragrance products, has announced plans to expand and create several hundred new jobs -- in Ohio, not New Hampshire. The company -- which now employs about 125 full-time…

GTAT hiring of Calif. battery firm exec sparks speculation

GT Advanced Technologies has hired Dan Squiller, CEO of PowerGenix Corp., a California company that develops batteries for hybrid vehicles, according to documents filed with the U.S. Securities and Exchange Commission. But circumstances have prompted speculation that there may be…

NHTB earnings flat in second quarter

The 2012 second-quarter earnings of Lake Sunapee Bank's parent company didn't improve much from last year's second quarter. New Hampshire Thrift Bancshares Inc. reported earnings of $2 million, or 30 cents a diluted share, virtually the same as it did…

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 -…