News

Londonderry firm to pay enviro fine

AlCuMet, a Londonderry-based maker of investment, permanent mold and rapid prototype castings, has agreed to pay $32,000 to the state of New Hampshire to settle charges that the firm violated the state’s Air Pollution Control Act, Air Toxic Control Act…

Unitil cuts rates for large Mass. firms

Unitil Corporation announced yesterday that it has filed with the Massachusetts Department of Telecommunications and Energy for rate decreases for large business customers in the Bay State. The Hampton, N.H.-based utility holding company says rates are expected to drop by…

Future construction contracts down in N.H.

Contracts for future nonresidential construction in New Hampshire rose 3 percent in June, to some $94 million, but future residential contracts declined by 15 percent, to more than $120 million, according to McGraw Hill Construction. The Lexington, Mass.-based firm said…

Centrix 2Q earnings rise 46%

Centrix Bank of Bedford says its second-quarter earnings increased 46 percent, or $700,876, up from $480,820 in the second quarter of 2005. Net income for the quarter ending June 30 also increased dramatically, rising 44 percent, or 23 cents per…

Ledyard National declares dividend

Ledyard National Bank’s board of directors has approved a regular quarterly dividend of 27 cents per common share. The dividend, approved on July 21, is payable Sept. 8 to shareholders of record on Aug. 4. Ledyard, based in Norwich, Vt.,…

NU sells competitive generation units

Northeast Utilities has sold its competitive generation businesses in Massachusetts and Connecticut to Energy Capital Partners of New Jersey. Sale price was $1.34 billion, including the transfer of $320 million in debt. The deal includes 15 generating plants at 14…

Owner of N.H. hospitals in giant LBO

HCA, owner of four for-profit health-care facilities in New Hampshire, yesterday agreed to be acquired in a deal that ranks as the biggest leveraged buyout in history. The company - the nation’s largest for-profit hospital operator -- said the consortium…