News

Credit carryforward goes long

It looks as if the New Hampshire House will go along with the Senate's changes to a bill that would double to 10 years the current carryforward period on the business enterprise tax credit against the business profit tax.That means…

GT Solar inks its single largest deal

GT Solar International Inc. has received an order for its advanced sapphire crystallization furnaces totaling $460.4 million -- the Merrimack-based company's largest single order ever.The deal with an undisclosed Chinese firm is with the company's new LED business, which it…

Future construction deals' value sinks

Putting to an end to a budding trend, the total value of future construction contracts reported in New Hampshire fell dramatically in April.According to figures from industry information service McGraw-Hill Construction, the total value of all future construction projects fell…

Business bankruptcies climb in N.H.

While personal bankruptcies in New Hampshire fell in May, the number of business bankruptcies more than doubled to an even dozen.In total, May bankruptcy filings in New Hampshire fell by nearly 10 percent compared to the previous year, the previous…

GT Solar replaces 2 board members

In a series of rapid personnel changes over the last week, GT Solar Inc. has replaced its comptroller and two board members and said goodbye to a third board member.The Merrimack-based maker of equipment and material to make solar cells…

Four ex-Cabletron execs settle with SEC

Piyush Patel, the former chief executive of Cabletron Systems, David Kirkpatrick, the former chief financial officer, and two other former executives have reached a tentative settlement with the Securities and Exchange Commission relating to fraud charges involving Cabletron and its…

GT Solar comptroller unexpectedly resigns

GT Solar Inc.'s comptroller and former chief financial officer resigned without explanation the day he signed off on the company's annual filing with the Securities and Exchange Commission.Richard E. Johnson resigned from the Merrimack-based company on May 26, the company…