News

Standex acquires U.K. firm

Standex International Corp. has purchased Metal Spinners Group Ltd. of Newcastle, U.K., a metal fabrication supplier to the medical, general industrial and energy industries.The Salem-based diversified manufacturer said Metal Spinners will become a part of its engineering technologies unit, providing…

GT Solar settles class action suit

GT Solar International Inc. has settled a class action suit related to its July 2008 initial public offering for $10.5 million, and all but $1 million of that total will be paid by its insurance company, the company announced Monday.The…

February new hires drop 26%

Just as the nation's employment picture shows sings of improvement, the number of newly hired workers in New Hampshire plunged by 25.6 percent in February as compared to January.The New Hampshire Department of Economic Security reported that there were 13,719…

February bankruptcies drop 20%

Only one business went bankrupt last month, the lowest number since this recession began. That is good news for just about everybody but the company and its creditors.Here is some more good news: Total bankruptcies went down by about 20…