News

BAE Systems completes acquisition of Manchester firm

Global defense contractor BAE Systems has made official its previously announced acquisition of Oasys Technology, a Manchester-based manufacturer of electro-optical systems and subsystems. BAE will pay $25 million in cash, with another $30 million in potential payouts if Oasys meets…

Report: N.H. energy efficiency lacking

Not only is New Hampshire the least energy-efficient state in New England, its energy-efficiency ranking also dropped the most nationally from last year, according to a recently released report that ranks states’ energy efficiency policies. The American Council for an…

N.H. to insurance companies: Come home

New Hampshire is making a full-court press to bring insurance companies that once were domiciled here back to the Granite State, but the state's insurance-tax structure may muddy the welcome mat. The state Department of Insurance and the Department of…

Bottomline compensation: $3.52m

Compensation for Bottomline Technologies' top executives and board members in the fiscal year that ended June 30 almost equaled the amount the company earned.The Portsmouth-based financial and payroll software company paid its top officials $3.52 million in salary benefits and…

Loan fund wins federal housing grant

The nonprofit New Hampshire Community Loan Fund has received a $3.7 million grant to help it develop and support affordable housing for low-to-moderate income families in the state. The grant – part of the U.S. Treasury Department’s Community Development Financial…

Statewide shopping event readied

More than 150 New Hampshire businesses, artists and retail stores will open their doors the first weekend of November as part of NH Open Doors, a statewide shopping and touring event designed to showcase all the state’s unique offerings. The…

How's business on the Seacoast?

NHBR's editors recently met with Portsmouth area businesspeople at the new Portsmouth Harbor Events and Conference Center at Portwalk Place in downtown Portsmouth. The topic under discussion: How is the area's economy faring and what are the expectations for the…

N.H. bankruptcies rise in Sept.

Bankruptcies in New Hampshire, which have been declining over the last few months, are back up.There were 479 filings in September -- the most in any September save for 2005. The total was 46 more than in August, (an 11…