News

Standex sells two properties for $3.6m

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 completes flight test

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…

NU takes $700m in credit

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…

State to intervene in CCT bankruptcy

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…

Comcast reshapes for Adelphia buyout

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…