New Hampshire Business Review - January 6 2006

StockerYale adds more info on job cuts

Salem-based StockerYale’s workforce cut could affect the Salem facility, according to a recent filing with the Security and Exchange Commission. The company previously announced that it had planed to cut its workforce by 14 percent, but has thus far failed…

Malden Mills wins new military deal

Malden Mills, which last year faced bankruptcy in the wake of a devastating fire, has been granted a major military contract for the continued development of protective clothing. Malden Mills, based in Lawrence, Mass., with a plant in Hudson, N.H.,…

Enterasys shareholder vote set

Shareholders in Enterasys Networks will get to vote whether to sell their company to private investors on Feb. 14, the company announced on Tuesday. If approved, shareholders will receive a total of $13.92 a share, higher than the $10.27 price…

Autodesk names new CEO

Autodesk announced Tuesday that it has named Carl Bass as its new chief executive officer and president. Bass currently serves as the software company’s chief operating officer. He will take over for CEO Carol Bartz on May 1, when she…

Peterborough singles out business recyclers

The town of Peterborough saved more than $23,000 in December through recycling and reselling reclaimed waste, much of that cardboard and other materials from businesses. To support businesses that recycle, the town’s recycling center is sending out decals and a…

Business groups oppose ‘Wal-Mart bill

Lobbyists for the Business and Industry Association of New Hampshire and the Retail Merchants Association testified Wednesday against the so-called Wal-Mart bill, House Bill 1704, which would make the state’s 25 biggest profit-making firms pay 8 percent of their payroll…

Four firms declare bankruptcy

Four businesses - all of them in the construction industry -- declared bankruptcy at the beginning this year. The largest company -- J.W. Darrah Construction of Bow -- filed for Chapter 7 protection on Jan. 6, claiming $1.87 million in…

BAE calculates N.H. economic impact

BAE Systems generated an economic impact of $522 million in the state of New Hampshire during 2005, the firm said in a press release issued Thursday. The figure includes more than $107 million awarded in subcontracts and purchase orders to…