News

StockerYale refinances $2.3m loan

StockerYale will be unloading more stock in order to refinance a $2.3 million loan and cut its monthly payments in half, according to the filings with the Securities and Exchange Commission. The cash-strapped provider of photonic devices will be selling…

Future-construction gauge mixed in May

Contracts for future nonresidential and nonbuilding construction projects in New Hampshire continued to fall in May. Contracts for future residential construction, however, increased when compared to the same time period 2006. May 2007 contracts for future nonresidential construction decreased by…

Shemitz to leave Children's Alliance

After more than eight years at the helm of the Children’s Alliance of New Hampshire, Ellen Shemitz has announced plans to step down as president of the organization this summer. Shemitz said her resignation will become effective at the end…

Vermont’s Chittenden to buy Wolfeboro bank

Vermont-based Chittenden Corp.’s announced $124.1 million acquisition of Community Bank & Trust in Wolfeboro will solidify the position of Chittenden subsidiary Ocean National Bank as the fifth-largest bank in New Hampshire. The merger also would mean the loss of one…