New Hampshire Business Review - March 3 2006

PSNH may build Berlin power plant

The city built by paper mills got a piece of good news on Friday. Pat McDermott, business development director for Public Service of New Hampshire, confirmed rumors that his utility might build a wood-chip-burning power plant at the site of…

Bentley stock lags good news

Bentley Pharmaceuticals released its year-end earnings last Thursday and net income shot up last week, yet its stock took a nosedive. What’s going on? According to the balance sheet, everything seems rosy with the Exeter-based pharmaceutical company, which specializes in…

Proxy details Chittenden compensation

Paul A. Perrault, chairman, president and chief executive officer of Chittenden Corporation, parent company of Ocean National Bank, received $1.6 million in compensation last year, according to the annual proxy filed last week with the Securities and Exchange Commission. More…

Female exec group praises Wellpoint

Wellpoint, parent company of Anthem Blue Cross and Blue Shield of New Hampshire, has been named for the seventh consecutive year to the list of top 30 companies for executive women by the National Association for Female Executives. “We are…

Fisher mulls selling lab workstation unit

Fisher Scientific International is thinking of getting rid of its laboratory workstation business, one of its older lines, according to a Tuesday filing with the Securities and Exchange Commission. The Hampton-based company’s board of directors authorized management to evaluate strategic…

Berlin pulp mill to close

Fraser Papers, the Canada-based multinational paper firm, announced Tuesday afternoon it will close its pulp mill in Berlin on May 6, throwing 250 employees out of work. Under union seniority rules, many of those people can “bump” workers at the…