News

Standex International Corp. announced Thursday the sale of its Northglenn, Colorado, air distribution manufacturing plant and its Murfreesboro, Tennessee, food-service equipment manufacturing facility to two separate buyers for $3.6 million. The operations of both facilities will be integrated into the…

BAE System’s F-22A Product Improvement Program has taken a step forward with the completion of the first phase of the developmental flight test of its digital electronic warfare system on the U.S. Air Force’s F-22A Raptor. The four-month test of…

Northeast Utilities, parent company of Public Service of New Hampshire, announced on Friday the firm has secured a $700 million revolving line of credit, amending and restating a credit agreement dated December 9. According to filings with the Securities and…

Mark Aslett, chief executive officer of Enterasys Networks, will receive a $1 million bonus after the company goes private, part of a lucrative and complex compensation deal for key executives that held up the sale of the company, according to…

New Hampshire Labor Commissioner George Copadis and Senior Assistant Attorney General Peter Roth will appear in a bankruptcy court in Delaware on Friday as part of the state’s effort to recoup wages and benefits owed to more than 500 workers…

Saint Anselm College has retained the services of real estate broker Cushman & Wakefield to put a choice 38-acre parcel of land in Bedford on the market. The land, at the corner of Routes 114 and 101, was donated to…

Kevin M. Casey, Comcast’s senior vice president in New England, will become president of the newly formed New England Division of the cable giant when its partial acquisition of Adelphia Communications is completed. After the acquisition of Adelphia assets by…

The New Year will ring in an Internal Revenue Service adjustment to the optional standard mileage rate used to calculate the deductible cost of operating an automobile for business purposes. The new 2006 rate has been set at 44.5 cents…

Nominations are currently being accepted for the Exeter Area Chamber of Commerce’s Business of the Year Awards, to be presented at a luncheon in March. Award categories are: manufacturing/technology, education/non-profits, retail/wholesale, real estate/construction/engineering, health care, financial services/insurance, business services and…

American Skiing Company, owner of Attitash Ski Resort in Bartlett and seven other resorts in Vermont, Maine, Colorado and Utah, reported a net loss of $42.2 million, or $1.33 per basic and diluted common share, for the first quarter of…