New Hampshire's Business News for May 5

A look at today's top business headlines, including: Net metering cap reached for some, NH community college costs among highest in U.S., I-93 expansion loan deal, Saint Gobain water update, another medical pot dispensary opens


For some projects, NH’s new net metering cap has nearly been reached New Hampshire’s new net metering cap, signed into law this week by Gov. Maggie Hassan, has already been practically filled up for larger projects, at least in the Eversource service area.  – N.H. BUSINESS REVIEW

CDFA awards $2.76 million for improvement projects    The NH Community Development Finance Authority has awarded $2.76 million in Community Development Block Grants that will support development projects in six communities throughout the state, including improvements to affordable housing structures, energy-efficiency upgrades and infrastructure projects. – N.H. BUSINESS REVIEW

Workshops offer conservation easement basics for Realtors Three workshops designed to provide real estate professionals looking to learn the fundamentals of buying and selling land with conservation easements are being presented in May by UNH Cooperative Extension. – N.H. BUSINESS REVIEW

NHCC cost is among top 10 in US Nashua Community College is the fifth most expensive two-year public school for in-state students in the country – but it's not the most expensive such program in the state. In fact, it's not even the second most expensive. Those distinctions belong to White Mountain Community College and New Hampshire Technical Institute in Concord. – NASHUA TELEGRAPH

Rivier to launch advanced nursing degree program Rivier University will launch a Doctor of Nursing Practice degree in the fall to address the shortage of nurse leaders in the health care industry. – NASHUA TELEGRAPH

Executive Council declines to OK Griffin's nomination to Rail Transit Board The battle over commuter rail continued Wednesday as the Executive Council failed to support an advocate nominated to the Rail Transit Authority Advisory Board. – N.H. UNION LEADER

State to sign loan agreement for Interstate 93 expansion project The state is about to sign a $200 million loan agreement to complete the I-93 expansion project from Salem to Manchester.  – N.H. UNION LEADER

New and improved: $7M project aims to fix Route 125  Laden with storefronts and other businesses, Route 125 in Plaistow draws thousands of motorists each day. – LAWRENCE EAGLE-TRIBUNE

Exit 4A work ripple effect is expected in Derry Discussing transportation developments along Interstate 93 such as the planned Exit 4A project, two area chambers of commerce are scheduled to host a Southern New Hampshire Transportation Update. – N.H. UNION LEADER

Saint-Gobain may pay for public water infrastructure for well owners  Residents with contaminated wells in Southern New Hampshire may be able to hook up to public water in the coming months. That’s since Saint-Gobain Performance Plastics in Merrimack agreed to pay for design efforts to extend public water to affected homes. – N.H. PUBLIC RADIO

Another N.H. medical marijuana dispensary is ready to open, this time in Dover The Department of Health and Human Services has officially certified Temescal Wellness, which was selected to operate two of the state's New Hampshire’s four medical marijuana dispensaries, to start serving patients at its Dover location. – N.H. PUBLIC RADIO

Concord okays addiction recovery center The city’s zoning board unanimously granted Hope for New Hampshire Recovery permission to operate on S. State St. in Concord. – CONCORD MONITOR

Planning board approved Hope for Recovery Center Hope for NH Recovery received site plan approval Tuesday night for its plan to operate a recovery center at the former Clarkies building on upper Main Street, Berlin.  – THE BERLIN DAILY SUN

PHA open to partnering on workforce housing The executive director of the Portsmouth Housing Authority said his agency is open to the idea of working with developers — including the one that wants to redevelop a Maplewood Avenue site – if it means more workforce or affordable housing in the city. – PORTSMOUTH HERALD

North East Motor Sports Museum arrives at Loudon site The prefabricated building that will become home to the North East Motor Sports Museum at NH Motor Speedway was delivered late last month to its site in Loudon. – N.H. BUSINESS REVIEW

Gun manufacturer CEO says 'we are good citizens' as gun sales surge At a shareholding meeting, Sturm Ruger executives said that demand for guns could continue to grow thanks to the increasingly heated political rhetoric of the 2016 election, and a long-term trend of Americans wanting guns for self-defense. — THE GUARDIAN

SIG SAUER to move ammunition plant to Arkansas from Kentucky SIG SAUER, based in Portsmouth, has announced plans to move an ammunition plant to Arkansas from Kentucky. – NH1

Mercury Systems awarded $1.8M defense contract Mercury Systems Inc., which has a facility in Hudson, said it received a $1.8 million order from an unnamed "leading defense prime contractor" for advanced radio-frequency microwave tuners and intermediate frequency receivers for an electronic warfare application.  – LOWELL SUN

NHBR Featured Event: Climate, Security & Diplomacy in a Changing World Find out how a new environment will affect the Department of Defense's ability to secure our nation- and why the risks are accelerating-  from Dr. David Titley, former Chief Oceanographer of the U.S. Navy and Senior Fellow at the Center for New American Security.  Tomorrow, after hours, in Manchester.

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