News

White Mountains Insurance Group plans to sell off about a fifth of its largest subsidiary, OneBeacon Insurance, with an initial public offering of between $24 and $26 per share, the company has revealed in filings with the Security and Exchange…

Bentley Pharmaceuticals has been named to Deloitte & Touche’s 2006 Technology Fast 500, a ranking of the 500 fastest-growing technology firms in North America, for the second year in a row. The Exeter provider of generic drugs and alternative delivery…

Osram Sylvania Products’ automotive lighting plant in Hillsboro is one of 25 facilities cited by the Environmental Protection Agency for their efforts in reducing the use of lead, dioxin and other chemicals and materials in their manufacturing processes. EPA honored…

Centrix Bank released its third quarter financials Wednesday, reporting a net income increase of $752,340 for the third quarter, a 23 percent increase over the same quarter last year. Net income per diluted share for the quarter that ended Sept.…

Chittenden Corporation, the Vermont-based parent company of Ocean National Bank, released its third-quarter report Wednesday. The bank’s net income of $21.7 million, or 47 cents a diluted share, was slightly higher than in the third quarter of 2005. That brings…

State Liquor Commissioner John Byrne has won Market Watch magazine’s 2006 Best Merchandising Award for his work in upgrading the agency’s marketing efforts. Market Watch, a beverage industry trade publication, presented the award in Washington, D.C., to Byrne, who credited…

Jaffrey-based New England Wood Pellet LLC has begun construction of its wood pellet manufacturing plant in New York state. At 100,000 tons per year of wood pellet production, the plant in Schuyler, N.Y., will be the largest wood pellet manufacturing…

A seminar examining state and federal water policy, permitting and legislation is planned for November in Concord. Presented by the Business & Industry Association of New Hampshire and the New Hampshire Department, the 2006 New Hampshire Water Seminar focus on…

The New Hampshire Preservation Alliance has announced its first “Seven to Save” list of the Granite State’s most endangered historic properties. The 2006 Seven to Save are: • Great Stone Dwelling (1837), Enfield • Stone Arched Bridge (1847), Keene •…

Former Cabletron Systems Chief Executive Officer Piyush Patel has reached a deal over legal fees with the bankrupt estate of the company’s spinoff, Riverstone Networks. According to papers filed in federal bankruptcy court in Delaware on Tuesday, Patel’s attorneys can…