New Hampshire Business Review - July 15 2011

GT Solar execs' FY11 pay: $14.6m

GT Solar International paid its top five executives a total of $14.6 million in compensation in fiscal year 2011 -- a nearly 40 percent increase, despite a decrease in pay to its chief executive -- according to a proxy statement…

Borders closing hits five stores in N.H.

Following a long struggle to keep its head above water, Borders, the nation's second-largest bookstore chain, will liquidate and shutter its nearly 400 remaining bookstores, including all three full-size stores and two express stores in New Hampshire.After being unable to…

USA Springs plan up to the court

USA Springs is on its way to completing its controversial water bottling plant in Nottingham -- all it needs is approval of a reorganization plan by the Bankruptcy Court in Manchester.Under the plan, the company -- which will remain under…

NHTB assets top $1b

The holding company of Lake Sunapee Bank now has more than a billion dollars in the bank, so to speak.Newport-based New Hampshire Thrift Bancshares Inc.'s total assets increased 3.6 percent to $1 billion in the quarter ending June 20, the…

NHBR About Town: College Equals Opportunity

As part of its College Equals Opportunity campaign, the NHHEAF Network Organizations have awarded six $5,000 scholarships to New Hampshire students demonstrating significant leadership abilities. Winners are, from left, Joshua Ballance, Bryant University; Stephanie Corbeil, Rivier College; Hollyann DeCarteret, Rivier…

NHBR About Town: Double Play

Through its "Double Play" promotion with the New Hampshire Fisher Cats, FairPoint Communications has donated $1,000 to New Horizons for New Hampshire to support its soup kitchen, food pantry and shelter. Pictured with the donation are, from left, Paul Hanson,…

NHBR About Town: Jump$tart Coalition

The People's United Community Foundation, the philanthropic arm of People's United Bank, has awarded a $4,000 grant to the New Hampshire Jump$tart Coalition to promote youth financial literacy in the state. Awarding the donation to Jump$tart president Daniel Hebert is…