New Hampshire's Business News for August 2
A look at today's top business headlines, including: Performance Sports Group to close two facilities and lay off 85, Corriveau-Routhier out of business, gas prices continue to drop in NH, Sal's pizza expands in Salem, Portsmouth Gas Light Co. ready to reopen after fire, CarMax Auto buys former Walmart store location in Manchester
Performance Sports Group announces closure of two facilities Performance Sports Group, still reeling from a downturn in the baseball market, announced that it is closing its softball equipment facilities in Ottawa, Ontario and Kent, Washington – laying off 85 employees and consolidating the production of all diamond sports equipment in a new California plant. – N.H. BUSINESS REVIEW
Performance Sports on thin ice with activist at the gate Performance Sports Group (PSG) , the maker of the iconic Canadian skating brand, Bauer, is on thin ice. – THE STREET
Corriveau-Routhier goes out of business Corriveau-Routhier, a family business that supplied Granite Staters with tile, masonry and landscaping material for 70 years, has shut its remaining stores. – N.H. UNION LEADER
NH gas price average down 3.4 cents from last week Gas prices are still dropping in northern New England.—NH1
NH health insurance hikes range from under 1% up to 60% The latest rates for health insurance under Obamacare in New Hampshire range from a drop of less than a half-percent to nearly a 60 percent increase, depending on the insurer. – N.H. UNION LEADER
Medicaid director leaving; state searching for replacement Katie Dunn served as Medicaid director for more than 10 years. Now New Hampshire is looking for someone to take charge of its $1.4 billion Medicaid budget. – N.H. UNION LEADER
Gatsas talks economics in Nashua One of the leading candidates to become New Hampshire's next governor came to Nashua on Monday to announce the release of his campaign's economic development plan for the state. – NASHUA TELEGRAPH
Hassan takes on for-profit colleges that she says are deceptively targeting students, veterans U.S. Senate candidate Maggie Hassan vowed if elected to crack down on for-profit universities targeting veterans with deceptive marketing so that the schools can maximize what they get in federal aid. – N.H. UNION LEADER
Trump advisor and NH Rep Al Baldasaro criticizes family of fallen Muslim-American veteran Donald Trump's state veterans co-chairman Al Baldasaro Tweeted out a link to a website offering a conspiracy theory that claims Khizr Khan is a “Muslim Brotherhood” agent who wants to advance Sharia Law in the U.S. – N.H. UNION LEADER
Why you are not unique By focusing less on what makes us different and more on what makes us the same, we can make strides in business and personal development. – N.H. BUSINESS REVIEW
Sal's expands restaurant, plaza in Salem, N.H. What started as the popular chain's first Sal's restaurant recently received unanimous approval to expand, to redevelop the entire plaza to allow for construction of a 110-seat restaurant, offices, retail space and apartments. – LAWRENCE EAGLE-TRIBUNE
Gas Light Co. pizza pub set to reopen The Gas Light Co. pizza pub has passed all city inspections and will be open for business Wednesday, said Travis Glazier, spokesman for the Market Square restaurant which has been closed due to a December fire. – PORTSMOUTH HERALD
Flight Coffee approved for beer, wine Flight Coffee Co. will begin to offer more than its craft coffees, breakfasts and lunches in Dover. – FOSTER’S DAILY DEMOCRAT
Epping enterprise evolves to focus on firewood After driving by the Barking Dog, the Castles, then the commercial district of Epping on Route 101 West, something different will catch your eye. It’s the logs seemingly stacked to the sky. – SEACOAST ONLINE
Indoor air samples raise issues at Manchester's Mill West complex Already the subject of probes into off-site dumping and lead contamination, owners of the upscale Mill West complex are also sparring with regulators over high levels of chemicals found in indoor air. – N.H. UNION LEADER
CarMax paid $11 million for Queen City site CarMax Auto Superstores spent more than $11 million to buy property that included the former Walmart store on Keller Street, according to county records. – N.H. UNION LEADER
1st female president to assume office at Franklin Pierce University Franklin Pierce University's new president is the first alumna and first woman to occupy the position. – NH1
Packing up – Businesses moving out of Colonial block Since the purchase of the Colonial Theatre by the Belknap Economic Development Council occurred, businesses on Canal Street have been looking to relocate their businesses. – LACONIA DAILY SUN
Eversource optimistic on Northern Pass chances Eversource executives were very upbeat about the prospects for the Northern Pass and described NH politicians, including Gov. Maggie Hassan, as mostly supportive of the project. – N.H. UNION LEADER
