News

Salem-based StockerYale paid CEO Mark Blodgett a compensation package valued at nearly $485,000 last year, according to the company’s annual proxy statement filed with the Securities and Exchange Commission at the end of last week. Blodgett’s $340,000 salary remains the…

Sturm, Ruger & Company Inc. has announced that its delayed annual report filing is under review and is awaiting completion of an audit of restated finandial statements by KPMG LLP, the firm’s former auditor. The company did not timely file…

Atrium Medical Corporation, a Hudson-based manufacturer of medical devices, has been granted Food and Drug Administration approval of its bio-absorbable coated mesh, called C-QUR Mesh. The polypropylene surgical mesh is coated with proprietary pharmaceutical-grade Omega 3 fatty acids, and is…

A private investment firm agreed April 7 to buy most of the assets of bankrupt Foss Manufacturing, which could keep the Hampton-based fabric manufacturer open with its current employees. But it also sets the stage for a legal effort -…

Just in time for the coming warmer months, the HP Hood dairy company has kicked off an ice cream promotion celebrating New England in partnership with the tourism boards of every state in the region — except New Hampshire. With…

Keene-based C&S Wholesale Grocers has been sued by a group of warehouse employees who charge that they have been cheated out of millions of dollars a week in wages. Four C&S employees have filed a nationwide class action suit in…

Talbots announced Wednesday that the waiting period under federal antitrust law governing its proposed purchase of women’s retailer J Jill Group has expired and the deal is likely to close in early May. The $517 million deal, scheduled to go…

One New Hampshire company is listed on the Fortune 500 for 2006 and two others are listed among the Fortune 1000. The magazine listed Hampton-based Fisher Scientific International at 386, up from 414 in 2005. The Timberland Company of Stratham…

StockerYale’s revenues will increase in the first quarter of 2006, according to a statement issued Wednesday by the firm, but it won’t say whether it made any money until it releases its financial results on April 17. The company indicated…

Nashua Corporation has sold its toner and developer assets to Katun Corporation of Minneapolis, a supplier of OEM office equipment, for an undisclosed price. “The acquisition of these assets will enable us to expand our portfolio of products worldwide,” said…