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New Hampshire Business Review articles from April 2008

12,092 total articles

A biweekly state business magazine covering business in New Hampshire. Coverage includes reviews of the latest news from companies throughout the state, feature articles on business and politics, and informative special sections.

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<a href="http://www.highbeam.com/New+Hampshire+Business+Review/publications.aspx?date=200804" title="Articles and back issues from New Hampshire Business Review">New Hampshire Business Review articles</a>

New Hampshire Business Review back issues from April 2008:

Corporate board members' firms often reap benefits.(CORPORATE GOVERNANCE)

Apr 11, 2008; ... [ILLUSTRATION OMITTED] John Gillespie was one of the most poorly compensated members to serve on the board of White Mountains Insurance. In 2007, the insurance conglomerate--which is officially based in Bermuda but has its corporate offices in Hanover, N.H.--paid him ...

Shopping malls weathering the economic storm.(RETAIL)(Fox Run Mall )

Apr 11, 2008; ... "Shopping mall managers hate to see boarded-up stores," said Scott Decost, who manages the Fox Run Mall in Newington. Several stores at the mall, including Wilson's Leather, have either closed or are about to do so. Decost also conceded that it takes longer to replace those ...

The ins and outs of doing business in China.(INTERNATIONAL TRADE)

Apr 11, 2008; ... China remains more than 11,000 miles from our Atlantic shore, and Beijing time is still 12 hours ahead of Eastern Daylight Time in the United States. Yet when an alarm went off from China some five years ago, it caused J. Todd Miller to wake up in Lebanon, N.H. "One of our ...

Toast to the Coast.(Page Three)

Apr 11, 2008 ... Hampton and Exeter Area Chambers of Commerce will be serving up an evening of food and fun at the 2008 Toast to the Coast, beginning at 6:30 p.m. Thursday, April 17, at the Ashworth by the Sea in Hampton Beach. [ILLUSTRATION OMITTED] Enjoy a ...

Top shop.(Page Three)(StoreyManseau LLC)

Apr 11, 2008; ... StoreyManseau LLC, a communications and marketing agency in Concord, has been named by Working Mother magazine as one of the top 25 businesses owned and operated by women. "We were very honored and surprised," said Laurie Storey-Manseau, principal of StoreyManseau and mother of ...

A new take on 'talkies'.(Page Three)(Brief article)

Apr 11, 2008; ... We've had silent films, motion pictures without sound. Now listen to a "movie" instead of watching it at a script reading of "Niki Sweet Talk Moves" [ILLUSTRATION OMITTED] This work by University of New Hampshire adjunct professor and award-winning screenwriter Dana ...

Read me a story.(Page Three)

Apr 11, 2008; ... The family that reads together, stays together--and creates success later in life. Parents and their children are invited to attend "Family Library Day" at the Fiske Free Library in Claremont on Saturdays April 12 and April 19 from 10 to 10:45 a.m. for families with children ...

Q&A with ... Real estate broker Karl Norwood.(Interview)

Apr 11, 2008; ... It was a propensity for identifying promising business opportunities that led Karl Norwood to leave his milk delivery business behind in pursuit of a career in real estate 40 years ago. It's that same propensity, along with unwavering optimism, that has Norwood reentering the residential ...

Share the wealth: N.H. businesses urged to "Northsource".(NEWS & ANALYSIS: in brief)(Brief article)

Apr 11, 2008; ... The state Division of Economic Development's Business Resource Center, the North Country Council and Clear Channel Communications have unveiled the "Northsourcing" campaign, an initiative that urges New Hampshire businesses with excess work projects to outsource work to North Country ...

Moving on: Environmental Power completes move out of N.H.(NEWS & ANALYSIS: in brief)(Brief article)

Apr 11, 2008; ... Environmental Power Corp. has completed its move from Portsmouth to Tarrytown, N.Y., a move the alternative energy company said it made to be near financial backers and a diversified pool of talent. The move, which New Hampshire Business Review first reported in January, means ...

Supply demand: businesses sought to help with school supplies.(NEWS & ANALYSIS: in brief)(Brief article)

Apr 11, 2008; ... As the end of school year draws closer, many schools have begun to run out of basic supplies, and one organization is trying to meet their needs. "Education Station," an initiative of New Hampshire Partners in Education, is partnering with local businesses to collect school ...

In celebration of AARP's 50th anniversary, AARP New Hampshire recently presented to Merrimack Valley High School the $10,000 Ethel Percy Andrus Legacy Award in honor of the school's innovative Freshman Academy, which provides a new approach to dropout prevention and retention.(NEWS & ANALYSIS: in brief)

Apr 11, 2008 ... [ILLUSTRATION OMITTED] Caption: In celebration of AARP's 50th anniversary, AARP New Hampshire recently presented to Merrimack Valley High School the $10,000 Ethel Percy Andrus Legacy Award in honor of the school's innovative Freshman Academy, which provides a new approach to ...

Agency of change: Bedford ad firm wins state liquor account.(NEWS & ANALYSIS: in brief)(Brief article)

Apr 11, 2008; ... The Bedford-based advertising agency Tracey Edwards ONeil has been selected by the state Liquor Commission to be its new agency of record. A two-year contract valued at $3.25 million was approved March 23 by the Governor and Executive Council. It takes effect July 1. ...

Class act: Nashua Corp. in pension lawsuit.(NEWS & ANALYSIS: in brief)

Apr 11, 2008; ... Legal action involving New Hampshire-based Nashua Corp. has grown into a class action suit involving pension plans seeking compensation from State Street Global Advisors relating to the performance of its low-risk bond funds last year. The class action alleges a breach of ...

Bank balance: Ocean Bank to close three N.H. branches.(NEWS & ANALYSIS: in brief)

Apr 11, 2008; ... Ocean Bank will close four branches--three of them in New Hampshire--and eliminate 30 positions, as part of consolidation and cost-cutting moves by its new parent company, People's United. Connecticut-based People's, which took over Ocean's former parent--Vermont-based ...

'How to Get Appointed': a handbook.(NEWS & ANALYSIS: in brief)(Brief article)

Apr 11, 2008 ... The New Hampshire Commission on the Status of Women has released, "How to Get Appointed to State Boards and Commissions: A Five Part Guide," a publication that provides information about the nomination and appointment process to more than 200 state regulatory and advisory bodies. ...

State revenues fell short by $35.4 million in March, opening a total budget hole of $47 million for the year, according to a state accounting report.(Concord)(Brief article)(Statistical data)

Apr 11, 2008 ... State revenues fell short by $35.4 million in March, opening a total budget hole of $47 million for the year, according to a state accounting report. Administrative Services Commissioner Linda Hodgdon said she ...

Dan McLeod, former longtime executive vice president of the New Hampshire Auto Dealers Association, died April 2 after a lengthy illness.(Bow)(Obituary)(Brief article)

Apr 11, 2008 ... Dan McLeod, former long, me executive vice president of the New Hampshire Auto Dealers Association, died April 2 after a lengthy illness. Over nearly two decades, McLeod had helped build the organization ...

ElectroCraft, formerly known as Eastern Air Devices, has told its employees it has made the tentative decision to phase out production at its Dover facility within six to 18 months.(Dover)(Brief article)

Apr 11, 2008 ... ElectroCraft, formerly known as Eastern Air Devices, has told its employees it has made the tentative derision to phase out production at its Dover facility within six to 18 ...

Lester Gidge, inventor and founder of Nashua Industrial Machine Co., or NIMCO, died March 21 at the age of 90.(Nashua)

Apr 11, 2008 ... Lester Gidge, inventor and founder of Nashua Industrial Machine Co., or NIMCO, died March 21 at the age of 90. He founded NIMCO--which ...

StockerYale Inc. faces two threats of being delisted by the Nasdaq exchange, according to the company's annual report.(Salem)(Brief article)

Apr 11, 2008 ... StockerYale Inc. faces two threats of being delisted by the Nasdaq exchange, according to the company's annual report. The Salem-based maker of photonic products revealed that at the end of last year stockholders held slightly less then $9.5 million in equity, meaning the company was ...

Former congressional candidate Gary Dodds, has been sentenced to 20 days in jail and a year of home confinement for faking his disappearance after a car crash to boost his campaign.(Dover)(Brief article)

Apr 11, 2008 ... Former congressional candidate Gary Dodds, has been sentenced to 20 days in jail and a year of home confinement for faking his disappearance after a car crash to boost his campaign. Dodds also ...

Prime Tanning Co. will merge with a Chinese leather company to form the world's largest premium leather maker starting May 1.(Berwick, Maine)(Shanghai Richina Leather Co. Ltd. )(Brief article)

Apr 11, 2008 ... Prime Tanning Co. will merge with a Chinese leather company to form the world's largest premium leather maker starling May 1. Prime Tanning and Shanghai Richina Leather Co. Ltd. will adopt the name Prime Leather International, and will be led by Robert ...

Richard Williams, a founder of Hudson-based Presstek Inc., died March 28 at 73.(Hudson)(Obituary)

Apr 11, 2008 ... Richard Williams, a founder of Hudson-based Presstek Inc., died March 28 at 73. Williams was associated with more than 50 patents but is perhaps best known for his role in developing a laserprinting technology that eliminated the need for film. That technology was introduced into the ...

The state Agficulture Department says maple syrup this season is selling for $45 a gallon, an all-time high.(Concord)(Brief article)

Apr 11, 2008 ... The state Agficulture Department says maple syrup this season is selling for $45 a gallon, an all-time high. The price has been pushed up by dramatic ...

Gov. John Lynch has appointed an 18-member task force that will examine what's caused the brain drain of young professional workers from New Hampshire and what can be done to keep the young minds of the future from leaving.(Concord)(Brief article)

Apr 11, 2008 ... Gov. John Lynch has appointed an 18-member task force that will examine what's caused the brain drain of young professional workers from New Hampshire and what can be done to keep the young minds of the future from leaving. Greater Nashua ...

The state lottery's chief executives have called on the Legislature and Gov. John Lynch to seriously consider expanded gambling or face a future of declining revenues.(Concord)(Brief article)

Apr 11, 2008 ... The state lottery's chief executives have called on the Legislature and Gov. John Lynch to seriously consider expanded gambling or face a future of declining revenues. In an unprecedented statement; the New Hampshire Lottery's three commissioners, ...

Gov. John Lynch has received a letter from the U.S. Department of Homeland Security granting a postponement in imposing Real ID requirements on New Hampshire citizens.(Concord)(Brief article)

Apr 11, 2008 ... Gov. John Lynch has received a letter from the U.S. Department of Homeland Security granting a postponement in imposing Real ID requirements on New Hampshire citizens. New Hampshire now joins the 47 other states that have been ...

Revenue woes hit N.H. and its biggest city.(COOK ON CONCORD)

Apr 11, 2008; ... As the Legislature labors on, a cloud hangs over the State House, with almost daily changes in the estimates of revenue shortfalls for this year and next. Gov. John Lynch estimated recently that there would be a $50 million problem in revenue this year and instructed department ...

Rock of Ages Corp.(The week that was)(Financial report)(Brief article)

Apr 11, 2008 ... Concord-based quarrier Rock of Ages Corp. (ROAC) has restated its earnings for the fourth quarter of 2007 and the full year, now posting deeper net losses. The firm had reported modest income in continuing operations of $1 million but a net loss for the fourth ...

Pennichuck Corp.(The week that was)(Brief article)

Apr 11, 2008 ... Six top executives of Pennichuck Corp. (PNNW) received $1.85 million in 2007, an increase of more than 50 percent from the previous year, according to its proxy statement filed with the Securities and ...

Sturm Ruger & Co.(The week that was)

Apr 11, 2008 ... Stephen Sanetti, president of Sturm Ruger & Co. (RGR), has announced plans to resign from the company, effective May 1. The firearms ...

Stock check.(NEWS & ANALYSIS)(Statistical table)

Apr 11, 2008 ... <Pre> Stock Check 4/4 3/24 MARKET EPS SYMBOL NAME CLOSING CLOSING CAP(ttm) AIGAMER INTL GROUP INC 47.3 46.11 119.31B 2.39 BUDANHEUSER BUSCH 48.49 47.15 ...

Fisher Scientific veterans launch 'blank check' IPO.(NEWS & ANALYSIS)

Apr 11, 2008; ... Paul Montrone and Paul Meister, the dynamic duo who made tens of millions of dollars from building the former Fisher Scientific and selling it off, are looking for investors to give them a "blank check" to buy up and combine other companies. The two millionaires are launching a ...

Civil charges dismissed against ex-Cabletron CEO.(CABLETRON UPDATE)

Apr 11, 2008; ... A federal judge last month dismissed all of the civil securities fraud charges against former Cabletron Systems chief executive Piyush Patel as well as two other executives--the former executive vice president of corporate affairs, Eric Jaeger, and its former controller, Larry Collins. ...

N.H.'s January exports surge 25.7 percent.(NH EXPORTS)

Apr 11, 2008; ... While domestic demand for goods made by New Hampshire companies has slowed down, thanks to weakened spending amid the bust in the housing market, the credit crunch in the financial markets and the slowing of job creation, foreign buyers have eased the pain. In the latest ...

N.H. firm gets short end of stick.(GUEST EDITORIAL)(Editorial)

Apr 11, 2008 ... It's been five years since Goss International Corp. won a jury trial against a Japanese competitor, but it still hasn't received satisfaction. Now U.S. Sens. Judd Gregg and John Sununu are asking Secretary of State Condoleezza Rice to intervene. We understand the ...

The spin doesn't resonate this time.(CREDIT CRUNCH)

Apr 11, 2008; ... A recent Boston Globe headline read, "Qualified borrowers face credit squeeze" indicating that low rates remain elusive despite drastic Fed action. On the same day, a New Hampshire daily, attempting to put a less dire spin on a very dire real estate situation read, "A market in flux" One ...

Renewable fuels aren't 'free'.(Letters to the Editor)(Letter to the editor)

Apr 11, 2008; ... To the editor: Regarding solar energy and the vain hope that it will provide substantial help in providing electricity for the U.S. A few numbers are in order. About 1,000 watts of solar energy falls on every square meter of the earth's surface every day. But we ...

An open letter on the Bethlehem landfill.(Letters to the Editor)(Letter to the editor)

Apr 11, 2008; ... To the editor: I would like to apologize for Mr. Goldstein's behavior he does not represent the citizens of Bethlehem. (See "Gov., legislators must fix our waste system;' by Seth Goldstein. March 14-27 New Hampshire Brininess Review.) As a matter of fact he was recently ...

Our subprime monetary system.(FEDERAL RESERVE)

Apr 11, 2008; ... For millennia, "money" was gold or silver. The U.S. dollar was originally 1/20th of an ounce of gold, before the creation of the Federal Reserve in 1913. The dollar traded recently at around 1/1000th an ounce of gold. So, for now, the dollar retains 2 percent of its worth, but there is no ...

N.H. must fund charter schools.(EDUCATION)

Apr 11, 2008; ... Democratic presidential candidates Hillary Clinton and Barack Obama both support change in the country's public school systems, be it reassessment of how schools improve or an entire restructuring of the school system. They support growth of venues like charter schools and magnet schools ....

Corrections.(Correction notice)

Apr 11, 2008 ... An item in the March 14-27 issue of New Hampshire Business Review contained inaccurate information about a recent Community Development Finance Authority appointment. Dick Ingram, executive director of The Housing Partnership in Portsmouth, was appointed by Gov. John Lynch and confirmed by ...

NHBR about town: 2008 BOB Awards.(New Hampshire Business Review)(Brief article)

Apr 11, 2008 ... [ILLUSTRATION OMITTED] 1 Gov. John Lynch with Jeff Feingold, editor of NHBR, and Ernesto Burden, vice president of Mclean New Media [ILLUSTRATION OMITTED] 2 Andy Black of New Hampshire Business Review, left, with Nashua intellectual property attorney Vern ...

Calendar.(Calendar)

Apr 11, 2008 ... Send calendar items to the NHBR Calendar Editor by e-mail to editor@nhbr.com or by fax to 603-624-1310. Please include date, time, place, contactperson, cost, sponsor and a brief description of the event. Items must be received a month before the event in order to ensure publication. For ...

Seeking outside investors isn't a painless decision.(GROWING YOUR BUSINESS)

Apr 11, 2008; ... Starting a small business can be a daunting task. Take your savings, beg or borrow from friends and family, max out your credit cards and--with luck--you can bring in enough sales to cover your operating costs. If you are good at what you do (and careful/conservative in your decisions), ...

Dealing with the contagious nature of anger.(FINDING BALANCE)

Apr 11, 2008; ... You know the old story. A guy gets yelled at by his boss. He gets in his car and "flips off" a woman in another car. Upset, she goes home and yells at her partner, who kicks the dog, who bites the son, who yells at the daughter, who breaks the TV and that makes both parents mad and so it ...

Give your business a 'reality check' to determine success.(BRASS TACKS)

Apr 11, 2008; ... Q. I started my own business almost five years ago. While I never set the world on fire, I was able to meet my payroll, satisfy my creditors and pay myself a decent salary. Lately, however, I've had a queasy feeling that things are unraveling. How can I tell if I am on that proverbial ...

Choosing the right location for a corporate function.(RESOURCES: meetings)

Apr 11, 2008; ... Whether it's for a holiday party, the kickoff to a marketing campaign, a trade show or a monthly business breakfast, selecting the appropriate facility for a company function is all tied up in the details. Location is a high priority for the corporate event planner with a to-do ...

Costenbader named GM at Atkinson Resort.(RESOURCES: meetings)(Atkinson Resort & Country Club has appointed David B. Costenbader)(Brief article)

Apr 11, 2008 ... David B. Costenbader, most recently general manager and director of golf at Sky Meadow Country Club in Nashua, has been named general manager of the Atkinson Resort & Country Club. [ILLUSTRATION OMITTED] With 30 years of country club, resort and hospitality management ...

Dooley named GM of Tilton hotel.(RESOURCES: meetings)(Corey J. Dooley )(Brief article)

Apr 11, 2008 ... Corey J. Dooley has been named general manager of the Hampton Inn and Suites slated to open-in late May in Tilton. Dooley's appointment was announced by Hospitality Solutions, a wholly owned subsidiary of Wilton-based Roedel Companies, which is handling all aspects of the ...

The editors of National Geographic Traveler magazine have named Wentworth By the Sea Hotel & Spa in New Castle to the magazine's first 'Stay List,' which makes its debut in the April issue of the magazine.(RESOURCES: meetings)

Apr 11, 2008 ... [ILLUSTRATION OMITTED] Caption: The editors of National Geographic Traveler magazine have named Wentworth By the Sea Hotel & Spa in New Castle to the magazine's first 'Stay List,' which makes its debut in the April issue of the magazine. The ...

Homewood Suites honors Manchester hotel.(RESOURCES: meetings)(Homewood Suites Inc.)(Brief article)

Apr 11, 2008 ... The Homewood Suites by Hilton/Manchester Airport has won the Hotel of the Year-Pride Award of Merit from the Homewood Suites by Hilton chain as part of its annual Property Awards program. By winning the award, Homewood Suites by Hilton in Manchester, overseen by general manager ...

N.H. tourism industry takes the bite out of gas prices.(RESOURCES: meetings)

Apr 11, 2008 ... New Hampshire innkeepers and others in the travel industry are coming up with creative ways to stretch visitors' dollars this spring as the price of gasoline climbs ever so resolutely toward $3.50 a gallon, and perhaps beyond. Most spring visitors to New Hampshire come from New ...

Mt. View Grand prepares first culinary festival.(RESOURCES: meetings)(Mountain View Grand )

Apr 11, 2008 ... Guest chefs from New England to Florida will be taking part in the Mountain View Grand Resort & Spa's inaugural Culinary Festival in May. Festivities over the two-day event will include a gourmet hors d'oeuvres cocktail reception, cooking classes and demonstrations by top chefs ...

Renovation complete at Sky Meadow.(RESOURCES: meetings)(Brief article)

Apr 11, 2008 ... Sky Meadow Country Club in Nashua recently completed renovating its 30,000-square-foot facility readying in time for the upcoming golf season. Sky Meadow, a full-service private country club., is under new management. It features an 18-hole championship course as well as fine ...

Newmarket Dubai firm in reseller deal.

Apr 11, 2008 ... Portsmouth-based Newmarket International Inc., a developer of sales and catering solutions for the hospitality industry, has entered into a reseller agreement with Wide Computer Systems, a Dubai-based firm that serves the hospitality industry in the Middle East Newmarket has ...

Rebecca Bernier, regional manager of the American Automobile Association, and Nick Wallner, AAA's Concord branch manager, present a $25,000 donation to the Community Colleges of New Hampshire Foundation to Claudette Mahar, the foundation's chair, and Richard Gustafson, chancellor of the community college system.(RESOURCES: transportation)

Apr 11, 2008 ... [ILLUSTRATION OMITTED] Caption: Rebecca Bernier, left, regional manager of the American Automobile Association, and Nick Wallner, AAA's Concord branch manager, present a $25,000 donation to the Community Colleges of New Hampshire ...

Lynch picks Campbell to head DOT.(RESOURCES: transportation)(Department of Transportation)(Brief article)

Apr 11, 2008 ... [ILLUSTRATION OMITTED] George Campbell of Portsmouth, a former Maine transportation commissioner and former mayor of Portland, Maine, has been nominated by Gov. John Lynch to serve as commissioner of the Department of Transportation. Campbell, 62, emerged as the ...

Representatives from Porsche of Stratham and Audi Stratham gathered last month to officially open for business on Portsmouth Avenue in Stratham.(RESOURCES: transportation)

Apr 11, 2008 ... [ILLUSTRATION OMITTED] Caption: Representatives from Porsche of Stratham and Audi Stratham gathered last month to officially open for business on Portsmouth Avenue in Stratham. Taking part in the ribbon-cutting were, from left, Mick Pallardy of Porsche, vice president of Porsche ...

Officials from Hyundai Motors of America will be in Concord on April 17 to take part in the ribbon-cutting ceremony to mark the official opening of Grappone Automotive Group's new Hyundai dealership facility.(RESOURCES: transportation)

Apr 11, 2008 ... [ILLUSTRATION OMITTED] Caption: Officials from Hyundai Motors of America will be in Concord on April 17 to take part in the ribbon-cutting ceremony to mark the official opening of Grappone Automotive Group's ...

N.H.'s largest auto dealers.(Directory)

Apr 11, 2008 ... <Pre> N.H.'s Largest Auto Dealers Phone/Fax Dealer Top E-mail/Web Address LocationManagement # Employees 1. AutoFair Automotive Mark Schols,...

Health insurer says it won't pay for adverse events.(RESOURCES: health care)

Apr 11, 2008; ... WellPoint Inc., parent company of Anthem Blue Cross Blue Shield in New Hampshire, has unveiled anew policy regarding what it calls "reimbursement modifications" for providers aimed at eliminating preventable adverse events. WellPoint officials said the primary focus of the ...

Israeli drug firm seeks to buy Bentley.(RESOURCES: health care)(mergers between TEVA and Bentley Pharmaceuticals Inc.)

Apr 11, 2008; ... Jerusalem-based TEVA -- one of the largest generic drug companies in the world--has agreed to swallow up the Exeter-based Bentley Pharmaceuticals in a .$360 million buyout expected to close after Bentley spins off its drug delivery company. The merger, announced by both ...

Hospital case set for high court.(RESOURCES: health care)(Hospital Corp. of America )(Brief article)

Apr 11, 2008 ... The New Hampshire Supreme Court has set April 30 as the hearing date in the latest chapter to determine control of Portsmouth Regional Hospital. The ongoing legal battle between the Foundation of Seacoast Health and the hospital's corporate parent, Hospital Corp. of America ...