NH’s ‘Optics Valley’
Precision optics is likely one of the biggest manufacturing sectors in New Hampshire that most Granite Staters have never heard of.
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Wire Belt Company of America, based in Londonderry since 1890, is looking for a new home in New Hampshire.
The company is reportedly looking at sites in Bedford and Manchester, but the company’s proposal for a location at 308 S. River Road in Bedford took center stage this week. The 100,000-square-foot facility, with the potential for a 25,000-square-foot addition, would be built on a 27-acre parcel across from Moores Crossing Rd.
The project was reviewed and approved by the planning board, the newspaper reported. But it wasn’t as simple as that.
After the Bedford OK, Dave Greer, CEO of Wire Belt, told the newspaper, the company became aware of another, nearby site – with an existing facility – “that may suit our needs.” He then said the firm would look at the Manchester facility before making a decision on whether to build new in Bedford.
“We intend to continue with the permitting of the Bedford site on a parallel track, beginning with the due diligence on the other property,” Greer said. :In any case, we are excited to announce that a local company is growing and expanding given the trials and tribulations of the past year.
Precision optics is likely one of the biggest manufacturing sectors in New Hampshire that most Granite Staters have never heard of.
Hosted by the Granite Outdoor Alliance, an organization set on uniting and advancing the key players in New Hampshire’s outdoor industry, this year’s sold-out Barn Raiser on June 10 reflected the breadth of the outdoor sector, bringing together public officials, business leaders, recreation providers and nonprofit representatives, among other key figures.
Analogic Corp. relocated from Peabody, Mass., to Salem, NH, in January. The privately held company designs and manufactures advanced imaging, detection and power technology for aviation security, health care and industrial markets. Its airport baggage screening systems are deployed in more than 26 countries.
New Hampshire’s outdoor economy is active and evolving, but the systems that support it have not kept pace, according to a new report by the Granite Outdoor Alliance. “Grounded Growth” was culled from three roundtables hosted by industry businesses around the state where 62 stakeholders from business, manufacturing, conservation, workforce and the public sector discussed challenges and opportunities shaping New Hampshire’s outdoor economy.
Hitchiner Manufacturing Co. has raised its starting hourly wage to $25.77, aligning entry-level pay with the Massachusetts Institute of Technology’s Living Wage Calculator for a single adult with no children in New Hampshire.
New Hampshire’s growing role in military and security related manufacturing was on display June 3 in Nashua. About 200 people, representing advanced manufacturing interests both in the state and regionally, registered for the Northeast National Security Conference that organizer Julie Demers said goes “beyond traditional defense that people would think of.”
Alene Candles, a full-service contract manufacturer of custom-designed fragranced candles and home fragrance products, is moving its Alene LEADS leadership development program fully in-house, as the company continues to invest in employee growth and workplace culture.
Arsenal Capital Partners has agreed to acquire a majority stake in Velcro Companies from the Cripps Foundation, which owns the privately held British company, a longtime New Hampshire employer. Under the deal announced May 26, the Cripps Foundation will continue as a minority shareholder of the company, which opened its manufacturing center in Manchester nearly 70 years ago.
BAE Systems announced Wednesday a $135 million investment for upgrades to its facilities in Hudson, N.H., and Austin, Texas, to further strengthen the U.S. defense industrial base, the company said.