NH delegation announces $925K for NH MEP
MEPs nationwide had been targeted for elimination by the Trump administration
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Gabriella Parisse has been named the first female CEO of Velcro Companies, the Manchester-based developer and manufacturer of fastening solutions.
Parisse, who will take over as CEO on Nov. 1, succeeds Jeff Malcolm, who has announced his retirement but will remain a member of the company’s board of directors. Until then, she will serve as Velcro’s president.
Parisse, who has more than 30 years of international experience, spending 26 years with Johnson & Johnson where she served in a variety of global senior leadership roles. She joined Velcro in October 2018, most recently serving as chief growth officer.
“Gabriella has a track record of success and brings extensive global experience across commercial, marketing and innovation in consumer goods and B2B,” said Malcolm. “She is the right person to lead Velcro Companies.”
In addition, the company promoted three employees to executive leadership team roles. They are:
MEPs nationwide had been targeted for elimination by the Trump administration
New Hampshire’s congressional delegation Friday announced nearly $925,000 in federal funding to the New Hampshire Manufacturing Extension Partnership, saving it from closure. The NH MEP will receive the funding from the National Institute of Standards and Technology to help local small and medium-sized manufacturers join the MEP National Network’s new National Supply Chain Optimization and Intelligence Network.
Newington-based Sig Sauer has faced numerous lawsuits over one of its pistols
Despite being approved for hire, nearly 150 new workers at Portsmouth Naval Shipyard have yet to begin their employment due to the U.S. Office of Personnel Management holding up their processing, according to New Hampshire and Maine U.S. senators.
SubCom celebrated a milestone this month when it became the first company to deploy 1 million kilometers of subsea cable systems.
A large commercial building in Nashua’s Westwood Park has been purchased for $67 million by what appears to be a subsidiary of Nongfu Spring, a  giant Chinese bottled water and beverage company that plans to expand into the United States.
ApprenticeshipNH, the workforce training program of the Community College System of New Hampshire, is collaborating with Lonza on a new apprenticeship program at its Portsmouth facility
While President Trump says the tariffs fueling a global trade war will jumpstart U.S. manufacturing, he is pulling funding from the Manufacturing Extension Partnership program, the federal centers dedicated to supporting its growth. The president and director of the New Hampshire MEP expects it to close if the cuts continue.
A Florida infrared optical components manufacturer recently acquired a Hudson-based thermal imaging and optics business emphasizing surveillance in a move the two companies estimate will create $55 million in revenue for the next year.