News

WomenBiz Celebration readied for Sept. 24

The Women’s Business Center will present its fifth annual WomenBiz Celebration of New Hampshire women-owned businesses on Sept. 24 in Bedford. The luncheon event, held at The Event Center at C.R. Sparks in Bedford, will include the WomenBiz Showcase and…

Rock of Ages posts solid 2nd quarter

Concord-based quarrier Rock of Ages recorded financial gains for the second quarter ended June 30. Net revenues were up 8.6 percent, to $27.326 million, from $25.142 million in the second quarter of 2006. Net income for the second quarter was…

N.H. properties in $516m REIT deal

The California-based KBS Real Estate Investment Trust is heading a joint venture that will acquire an 11.4 million-square-foot industrial portfolio - including property in New Hampshire - for $516 million. The portfolio was sold by Needham, Mass.-based Equity Industrial Partners…

Losses continue at Mangosoft

Large increases in general and administrative costs have prolonged a history of operating losses for Mangosoft Inc., the company reported yesterday in second-quarter results. General and administrative expenses, including professional fees and travel-related expenses and legal fees associated with the…

Warning issued on labor poster scam

The New Hampshire Department of Labor today is warning businesses about a scam involving the sale of labor law posters. According to the agency, people posing as Labor Department representatives are soliciting businesses indicating the need to purchase up-to-date labor…

Environmental Power sees loss grow

Environmental Power Corp. reported an increase in its net loss for the second quarter of 2007 and the six-month period ended June 30. The Portsmouth-based company also reported that in May 2007, it entered into negotiations finalizing the disposition of…

Timken merges units into two divisions

The Timken Company has unveiled plans to restructure its business units, a move that will have an impact on all of its units, including its 800-worker aerospace division in Lebanon. The Canton, Ohio-based manufacturer will combine its current Steel, Industrial…

New president found for Claremont college

Barely a week after the resignation of its new president, New Hampshire Community Technical College in Claremont has found a successor. Steven G. Budd, assistant vice president for institutional advancement at Springfield Technical Community College in Massachusetts, has been named…