New Hampshire's Business News for May 19
A look at today's top business headlines, including: Hanover’s energy-efficiency district, Segway takes on hoverboard market, D-H suit against Vermont still on, Balsams site plan moves forward
Hanover establishes energy-efficiency district The town of Hanover has become the first municipality to adopt RSA 53-F, which allows it to establish the entire town as an Energy Efficiency and Clean Energy District, which provides special financing for commercial buildings.—N.H. BUSINESS REVIEW
Segway pounces on hoverboard market Bedford, N.H.-based Segway was slow to the hoverboard market, but its rivals’ blunders have given the company a chance to play catch-up, with a new product designed for safety as well as speed — the Segway miniPRO Personal Transporter, due to go on sale by early June for less than $1,000. – THE BOSTON GLOBE
Staples holds it together Framingham office supply chain Staples Inc. announced its smallest sales decline in six quarters yesterday, as it detailed post-merger plans after its failed $6.3 billion union with Office Depot Inc. Judge: Staples not convincing on Amazon.com competition – BOSTON HERALD
OT changes concern nonprofits New rules for overtime pay will have an especially severe impact on nonprofit organizations, which make up a big part of the New Hampshire economy. Local lawmakers weigh in on rules – N.H. UNION LEADER
New Hampshire’s sheep comeback You could say the sheep business has transitioned from a massive industry to more of a niche business, but Wellscroft Farm, also one of the largest agricultural fence companies in New England, sees the industry picking up steam. – N.H. BUSINESS REVIEW
Attorney General to investigate opioid marketing New Hampshire will spend $100,000 to hire a law firm to investigate whether drug makers have marketed opioids in a deceptive fashion. – N.H. PUBLIC RADIO
Farnum Center receives $1.6 million grant A treatment center that has helped thousands of people in New Hampshire struggling during the drug crisis is now expanding. – WMUR-TV
Troy to run ambulance service following lawsuit Selectmen have suspended the town’s contract with Troy Ambulance Inc. after the N.H. Attorney General’s Office filed a lawsuit against the not-for-profit service over what the state agency says were filing lapses. – KEENE SENTINEL
Judge won’t throw out Dartmouth-Hitchcock suit against Vermont The state and federal governments asked the U.S. District Court in New Hampshire to dismiss the hospital's lawsuit over its reimbursements under Vermont’s Medicaid program. – VTDIGGER
LRVNA and Pemi Baker Community Health plan to join forces The Lakes Region Visiting Nurses Association as announced that they have pending plans to merge with Pemi Baker Community Health in an effort to combine forces to optimize the amount of care they can bring to patients in the community. – LACONIA CITIZEN
Two multifamily projects win Housing Authority financing Financing has been approved by the NH Housing Finance Authority for multifamily housing projects Chandler Place in Plaistow and Kensington Lane in Bedford. – N.H. BUSINESS REVIEW
'Stolen' driveway turns out to be 'honest mistake' by paving company When a couple returned to their Manchester home Wednesday afternoon, it didn't take them long to notice something was missing: their driveway. – N.H. UNION LEADER
9Round looks to knock out the competition with expansion The national boxing and kickboxing fitness chain opened a new Epping location in April, and Castle decided to give it a try. – N.H. UNION LEADER
New business juices up Durham downtown The Juicery made a splash last weekend when the business opened a new location in Durham. – FOSTER’S DAILY DEMOCRAT
Parrott Ave. housing proposal withdrawn City Councilor and former Mayor Eric Spear withdrew his controversial plan to build micro-units at the city-owned Parrott Avenue parking lot just as councilors were set to begin debating it. – PORTSMOUTH HERALD
Developer moves forward with Dairy Queen With the okay from the Concord planning board on Wednesday, Dairy Queen could open in a long-abandoned lot on Loudon Road which once housed Entertainment Cinema and a branch location of Movie Gallery. – CONCORD MONITOR
NH contractor files motion with receiver to perfect lien Blanc & Bailey Construction Inc., based in Charlestown is seeking to perfect a lien that was placed on a property formerly owned by Miami businessman Ariel Quiros who is accused of squandering and misusing $200 million in EB-5 immigrant investor funds. – VT DIGGER
Site plan for renovated Dix and Hampshire houses at Balsams accepted as complete Although by degrees, the rebirth of The Balsams resort moved forward Wednesday night when the Coos County Planning Board voted unanimously to accept as complete the site-plan application. – N.H. UNION LEADER
NHBR Featured Event: A Public Relations Brewery Soclal Kick off summer with a cold one with the Yankee Chapter of the Public Relations Society of America at Smuttynose Brewery. Free. Today, after hours, in Hampton.
