News

Nominees sought for NHBR awards

The nomination deadline is Aug. 24 for New Hampshire Business Review’s fifth annual Business Excellence Awards, which honor people who often don’t receive recognition for their work: owners and executives of small businesses. The awards are presented at a ceremony…

GT Solar wins $171m order in China

Merrimack-based GT Solar has signed a $171 million contract with China-based Glory Silicon Energy Ltd. that will help equip what is expected to be one of the largest wafer factories in the world. The plant would produce approximately 1,500 megawatts…

Enterasys prosecutors question questionnaire

Federal prosecutors don’t want prospective jurors to be given a questionnaire that asks them about their experience with corporate malfeasance and stock market loss in the upcoming securities fraud trial of Enterasys Networks’ formerchief operating officer, Jerry Shanahan. The prosecutors,…

Foss creditors clear key legal hurdle

Foss Manufacturing creditors charging that Steven Foss, members of his family and business associates looted the company while it was insolvent could get their day in court, thanks to a U.S. Bankruptcy Court judge’s decision to leave intact most of…

Simon sees income fall

Real estate investment trust Simon Property Group Inc. announced a decline in net income available to stockholders and an increase in funds from operations for second quarter 2007. According to company financials released today, Simon saw net income available to…

CB Richard Ellis has strong 2Q

Profits more than doubled in the second quarter for commercial real estate services company CB Richard Ellis. The increase was led by strong growth in the company’s European, Middle Eastern and African regions. Second-quarter 2007 revenue totaled $1.5 billion, up…

N.H. receives $150k EPA brownfields grant

The state Department of Environmental Services has been awarded a supplemental $150,000 federal brownfields grant aimed at helping to revitalize former industrial and commercial sites. The supplemental grant to DES is one of nine handed out by the U.S. Environmental…

Verizon Wireless to buy Unicel parent

Verizon Wireless will acquire Rural Cellular Corp., parent company of Unicel, for $2.67 billion, the companies announced Monday. The move, prompted by Verizon Wireless’s efforts to expand its coverage in rural areas, will take on RCC’s more than 700,000 customers…