New Hampshire Business Review back issues from February 2009:
Winchester machine firm adapts to the times: 'one-stop job shop' works harder to thrive in downturn.(ENTREPRENEURS)(Innovative Machine Inc.)
Feb 13, 2009; ... These are challenging times for New Hampshire machine engineering shops, which have survived years of attrition due to rapid technological changes and fierce foreign competition. One of those surviving--and thriving--shops is Innovative Machine Inc. of Winchester, which has forged a dual ...
Bill would open state health plan to businesses: measure would let small firms buy in to state employees' plan.(STATE GOVERNMENT)
Feb 13, 2009; ... [ILLUSTRATION OMITTED] Rep. Jill Schaefer Hammond learned to appreciate the state employees' health insurance plan firsthand after her premiums, as a self-employed freelance graphic designer, rose 35 percent. She had just lost a major client and was forced to drop coverage for a ...
Revenues slow to a trickle in N.H. towns.(BUDGET CRISIS)(New Hampshire)
Feb 13, 2009; ... For municipal budgets across New Hampshire, the state and national fiscal crisis is proving to be a bad case of trickle-down economics. With town meeting season just around the corner, the non-property tax source of revenues for dries and towns--such as building permit fees, ...
Lobbyist Jim Demers.(Q&A)(Interview)
Feb 13, 2009; ... Jim Demers is president and founder of The Demers Group, one of New Hampshire's leading governmental affairs and lobbying firms, a noted Democratic activist, former three-term member of the New Hampshire House and candidate for Congress, Demers served as President Obama's state co-chair ...
Using the state's tax incentive program to encourage historic ham preservation.(take 5)
Feb 13, 2009 ... Almost a third of all towns and dries in New Hampshire are using the state's tax incentive program to encourage historic ham ...
25 percent said they would experience a significant loss in employee productivity during e-mail downtime and 19 percent would lose revenue.(take 5)
Feb 13, 2009 ... Here's another reason to hate it when the e-mail goes on the fritz: It's costing your company money. According to new research issued by Neverfail, which polled 220 IT managers and directors worldwide, 25 percent said they would experience a ...
60 percent of independent mechanics logged a rise in income over the past year.(take 5)(Survey)(Brief article)
Feb 13, 2009 ... While major car manufacturers are reeling from a sales slump, one sector of the auto industry is expected to gain with the current economic crisis--the parts and service departments of auto dealers as well as your local auto mechanic. A ...
The number of identity theft cases jumped 22 percent, to 9.9 million.(take 5)(Brief article)
Feb 13, 2009 ... The number of Americans ensnared by identity theft is on the rise, but victims are striking back and limiting how much is stolen, according to a survey by Javelin Strategy & Research. The ...
56 percent of business schools reported a significant decrease in recruiting this winter.(take 5)(Survey)(Brief article)
Feb 13, 2009 ... Business school career officials say this winter is the worst recruiting season they can remember. In a survey by the MBA Career Services Council, an association of business-school career offices, 56 percent of business schools reported a ...
Anatomy of an appointment: behind the well-kept secret to name Bonnie Newman.
Feb 13, 2009; ... The appointment by Gov. John Lynch of former Reagan-Bush appointee, and Republican, Bonnie Newman, of Portsmouth, a longtime educator, to take the place of Commerce Secretary-to-be Judd Gregg has mainly gone over well. It was the first time the governor of one party has appointed a senator ...
The bright side: radio spot to highlight good business news.(New Hampshire Division of Economic Development)(Brief article)
Feb 13, 2009 ... Concord radio station WTPL 107.7 and the New Hampshire Division of Economic Development have launched a new program aimed at highlighting the Granite State's positive business news. "First Class Business" will appear on a monthly basis as part of the "New Hampshire Today" ...
Kimberly Paquette, administrator of the Montessori Children's Center, stands with pupils from the school and their chaperones, in front of the vault at Merrimack County Savings Bank in Concord.
Feb 13, 2009 ... [ILLUSTRATION OMITTED] Caption: Kimberly Paquette, at far right, administrator of the Montessori Children's Center, stands with pupils from the school and their chaperones, in front of the vault at Merrimack County Savings Bank in Concord. The children recently took a tour of ...
Stark message: HHS chief paints gloomy picture of his agency's mission.(New Hampshire Health and Human Services)
Feb 13, 2009; ... A stark outlook on the state of the economy and how it affects the health of community health care was delivered last month at the annual meeting of the trustees of Laconia-based LRGHealthcare. [ILLUSTRATION OMITTED] LRG Healthcare is parent company of Lakes Region ...
Study aid: web questionnaire seeks to Bolster N.H. manufacturers.(Survey)(Brief article)
Feb 13, 2009 ... A study aimed at assessing how well New Hampshire manufacturers are doing in adopting strategies to succeed in the global economy is being launched by the New Hampshire Manufacturing Extension Partnership and the state Division of Economic Development. Officials said the Next ...
Waste recovery: N.H. C&D suit remains alive.(New Hampshire)(Construction & Demolition)(Brief article)
Feb 13, 2009; ... A lawsuit seeking to overturn the state's law banning construction and demolition waste is weakened but still lives, thanks to a decision by U.S. District Court Judge Joseph DiClerico. DiClerico earlier this month threw out some of the claims by New England Recycling--a ...
Moving on out: Nashua software firm leaves for mass.(Nashua Corp.)(Brief article)
Feb 13, 2009; ... As New Hampshire continues its efforts to lure Massachusetts businesses north of the border, one Nashua company has done just the opposite. The company, Kadient, packed up and moved its 60 employees to Lowell, Mass., earlier this month in a move that chief executive Brian ...
Taking TARP: 4 N.H. banks accept federal money.(Brief article)
Feb 13, 2009; ... Centrix Bank has become the fourth New Hampshire bank to receive funds through the U.S. Treasury's Troubled Asset Relief Program. The' money taken by Centrix, Monadnock Bancorp, New Hampshire Thrift Bancshares and Northway Financial comes through the TARP's Capital Purchase ...
The state's budget gap for this year is widening as revenues continue to slide, according to Administrative Services Commissioner Linda Hodgdon, who said that revenues in January were $18 million below estimates.(Concord)(Brief article)
Feb 13, 2009 ... The state's budget gap for this year is widening as revenues continue to slide, according to Administrative Services Commissioner Linda Hodgdon, who said that revenues in January were ...
Rifle-maker Thompson Center Arms, one of the largest employers in Rochester, has laid off 66 workers and furloughed another 37.(Rochester)(Brief article)
Feb 13, 2009 ... Rifle-maker Thompson Center Arms, one of the largest employers in Rochester, has laid off 66 workers and furloughed another 37. The company's owner, Smith & Wesson, said the layoffs were prompted by a drop in sales ...
About 50 Comcast employees in New Hampshire have received layoff notices.(Manchester)
Feb 13, 2009 ... About 50 Comcast employees in New Hampshire have received layoff notices. Company spokesman Marc Goodman told the New Hampshire Union Leader the affected employees are primarily in management and ...
New Hampshire Gov. John Lynch has tapped Deputy Attorney General Orville "Bud" Fitch to head a newly created Office of Economic Stimulus to coordinate the stimulus money New Hampshire could get from a federal rescue package.(Concord)(Brief article)
Feb 13, 2009 ... New Hampshire Gov. John Lynch has tapped Deputy Attorney General Orville "Bud" Fitch to head a newly created Office of Economic Stimulus to coordinate the ...
The White House says its economic stimulus plan would create more than 800,000 new jobs in 10 Eastern states, including 17,000 in New Hampshire.(Washington, D.C.)
Feb 13, 2009 ... The White House says its economic stimulus plan would create more than 800,000 new jobs in 10 Eastern states, including 17,000 in New Hampshire. The administration says 106,000 jobs would be created in New ...
Berlin-based Northway Financial Inc., parent company of Northway Bank, and New Hampshire Thrift Bancshares, parent of Lake Sunapee Bank, have joined Monadnock Bancorp in accepting money through the federal government's Capital Purchase Program.(Washington, D.C.)(Brief article)
Feb 13, 2009 ... Berlin-based Northway Financial Inc., parent company of Northway Bank, and New Hampshire Thrift Bancshares, parent of Lake Sunapee Bank, have joined Monadnock Bancorp in accepting money through the federal government's Capital Purchase Program. Northway said it has received a $10 million ...
Congressman Paul Hodes is asking for a U.S. Border Patrol station to be placed in Colebrook.(Washington, D.C.)(Brief article)
Feb 13, 2009 ... [ILLUSTRATION OMITTED] Congressman Paul Hodes is asking for a U.S. Border Patrol station to be placed in Colebrook. In a letter to Ralph Basham, U.S. Customs and Border Protection commissioner, Hodes writes that the ...
At least 10 people who live in the Keene area have thousands of dollars tied up in Agape World Inc., a New York firm whose owner is accused of investment fraud.(Keene)(Brief article)
Feb 13, 2009 ... At least 10 people who live in the Keene area have thousands of dollars tied up in Agape World Inc., a New York firm whose owner is accused of investment fraud. Nicholas Cosmo is accused of taking more than $380 million from about 1,500 investors who thought they were investing in ...
After 27 years of performing in Hanover, the Big Apple Circus says it's not coming this summer, and not for the foreseeable future.(Hanover)(Brief article)
Feb 13, 2009 ... After 27 years of performing in Hanover, the Big Apple Circus says it's not coming this summer, and not for the foreseeable future. Circus officials say the population base of the Upper Valley is too small to produce the size of audience and justify the length of run the circus needs to ...
Franklin Pierce Law Center trustees have voted to continue exploring a potential merger with the University of New Hampshire.(Concord)
Feb 13, 2009 ... Franklin Pierce Law Center trustees have voted to continue exploring a potential merger with the University of New Hampshire ....
Timberland Co.(The Bottom Line)(revenue report)(Financial report)(Brief article)
Feb 13, 2009 ... Timberland Co. (TBL) said its fourth-quarter profit slid 46 percent as sales declined amid a consumer spending pullback Net income fell to $13.1 million, or 23 cents ...
Standex International Corp.(The Bottom Line)(workforce reduction)(Financial report)(Brief article)
Feb 13, 2009 ... Standex International Corp. (SXI) announced plans to reduce its workforce by 20 percent, or 190 jobs. The company said the job reductions will result in an anticipated savings of $11 million. For the second quarter of the 2009 fiscal year--which ended Dec. 31, 2008--net sales dropped ...
StockerYale.(The Bottom Line)(revenue report)(Financial report)(Brief article)
Feb 13, 2009 ... StockerYale (STKR) has been operating at a loss for the past decade, but should the company generate an operating income of $99,000, almost all of the $200,000 after that would go to chief executive Mark Blodgett and chief financial officer Timothy Losik. The company ...
GT Solar.(The Bottom Line)(revenue report)(Financial report)(Brief article)
Feb 13, 2009 ... GT Solar (SOLR) reported $43 million in net income, or 30 cents a share in the third quarter, ending Dec. 31, 2008, compared to a $4.5 million loss in the same quarter a year ...
Stock check: representing a basket of stocks from N.H.-based companies or those doing a significant amount of business in the state.(The Bottom Line)(Statistical table)
Feb 13, 2009 ... <Pre> Stock Check Representing a basket of stocks from N.H.-based companies or those doing a significant amount of business in the state2/6 1/23% SYMBOLNAME CLOSING CLOSING CHANGE TOP GAINER: ([arrow ...
50+: the changing face of New Hampshire's workforce.
Feb 13, 2009; ... [ILLUSTRATION OMITTED] For decades, dual-income couples and single parents have walked the child-care tightrope thankful for the increase in understanding and support that began to grow among employers nearly 20 years ago. Today's aging workforce and an increasing elderly ...
NHBR about town.
Feb 13, 2009 ... [ILLUSTRATION OMITTED] 1 Christine Hardy of Easter Seals NH manages the show. (Photo by Cindy Kibbe) [ILLUSTRATION OMITTED] 2 Michael Mondavi, Folio Fine Wine Partners, left, with Gov. John Lynch (Photo by Cindy Kibbe) [ILLUSTRATION OMITTED] ...
Lots of benefits from rail.(LETTERS to the EDITOR)(Letter to the editor)
Feb 13, 2009; ... TO THE EDITOR: Thank you very much for writing about passenger rail. New Hampshire might want to ask Canadian governments and Canadian businesses if they would be willing to help fund and run passenger rail between Canada and Boston. Many Canadian tourists and ...
Shoveling it, indeed.(LETTERS to the EDITOR)(Letter to the editor)
Feb 13, 2009; ... TO THE EDITOR: Right now, even by bus: * It is inconvenient to travel between Nashua and Boston * It is impossible from Manchester anymore * It is inconvenient to take a bus from the middle of nowhere (new "terminals" on 1-93) * It ...
A different perspective on real estate market.(LETTERS to the EDITOR)(Letter to the editor)
Feb 13, 2009; ... TO THE EDITOR: At the risk of being seen as an overly optimistic Realtor overselling how good the economy is, I feel compelled to offer another view of the current market from the commercial real estate industry. I've always appreciated Bill Norton's articles, and he ...
Have we all been 'Minskyed?' 12 years after his death, an economist's work is right on the money.(ECONOMY)
Feb 13, 2009; ... Some 20 years ago, on the brink of the cataclysm that scorched New Hampshire's property markets and swallowed its largest banks, a friend found me toting "Stabilizing an Unstable Economy," a book written by Hyman Minsky, an academic economist then teaching at Washington University in St ....
Our energy future includes Bow: risky energy policies could leave us in the dark.(ENERGY SUPPLY)
Feb 13, 2009; ... On Jan. 5, ISO-New England, the organization that manages the New England electric grid, announced that the region's operating capacity for several weeks this coming May and June may be short by 1,740 megawatts, and that additional negative numbers are being estimated for the months of ...
Don't scrub the Bow scrubber: Merrimack Station project is our bridge to a clean energy future.(UTILITIES)
Feb 13, 2009; ... New Hampshire can and must transition to a clean energy future. This transition is necessary to avoid the worst effects of climate change, and to reduce our dependence on foreign oil and gas. That said, we have a lot of work to do. Today, only about 13 percent of New England's ...
[Cartoon].(Cartoon)
Feb 13, 2009 ... [ILLUSTRATION OMITTED] YOU GUYS THINK YOU ...
2009 Outstanding Women in Business awards.
Feb 13, 2009 ... Welcome to the fourth annual Outstanding Women in Business special section, saluting the winners of the 2009 Outstanding Women in Business Awards. Presented by New Hampshire Business Review and Centrix Bank, the awards celebrate the success and achievements of women in our state's business ...
Lessons from the ice storm.(Improving Performance)
Feb 13, 2009; ... Have you ever wanted to really upset your customers? Have you ever wondered how to make sure they feel unimportant? If you have customers, who actually feel entitled to some level of service, you might want to try this to set them straight--of course, you have to be a utility or some other ...
A lesson in financial self-defense.(Watching Your Money)
Feb 13, 2009; ... Every year, scams are becoming increasingly complex as con artists discover new, sophisticated ways to fleece the public. Unfortunately, even the well-known deceptions still fool victims. Whether new or old, con artists prey upon the same vulnerabilities in our human nature. We ...
Welcome to a new political world.(Cook on Concord)
Feb 13, 2009; ... If you blink or take your eye off current events for a second, the whole political world can change. Just when everyone thought the players were known in New Hampshire politics for the foreseeable future (i.e., the rest of the two-year political cycle), a lot has changed. As ...
Is New Hampshire 'smart meter' ready? Advocates say the new meters could lead to significant energy efficiency, but are consumers ready for them?(going GREEN)
Feb 13, 2009; ... There's no shortage of political rhetoric about the anticipated "green revolution" of alternative energy development and increased conservation--especially now that President Obama has made them a vital part of his domestic policy agenda, not only to promote economic growth but to stem the ...
Applicants sought for P2 award.(GOING GREEN)
Feb 13, 2009 ... Applications are being accepted for the 15th annual Governor's Award for Pollution Prevention. The award recognizes businesses and other organizations for outstanding pollution-prevention accomplishments. The applications will be evaluated by an outside panel of ...
Workbook helps firms go green.(GOING GREEN)
Feb 13, 2009 ... "Making Your Business Greener," a new workbook featuring a set of checklists and information designed to help businesses become better overall environmental performers, has been introduced by the New Hampshire Department of Environmental Services. The checklists feature brief ...
Franklin Pierce to add wood heat system.(GOING GREEN)(Franklin Pierce University)(International WoodFuels LLC )(Brief article)
Feb 13, 2009 ... Franklin Pierce University has contracted with International WoodFuels LLC of Portland, Maine, to provide wood pellet heating systems for several major buildings on the Rindge campus. The work is part of the institution's commitment to environmental sustainability and energy ...
Ergonomic office equipment: pros and cons: there are benefits, and potential for misuse, of ergonomic solutions.(HEALTH)
Feb 13, 2009; ... There are significant benefits in using ergonomic tools in the workplace--and it is a commonly recommended solution of many health-care professionals performing medical interventions--but it is critical that the right solution be implemented for the individual, since no one product fits ...
Red tape mires Portsmouth federal building project: 'tremendous' development opportunity awaits work on government building at Pease.(REAL ESTATE & CONSTRUCTION)
Feb 13, 2009; ... It has been six years since an ambitious plan to build a new federal building in Portsmouth and turn over the old one to the city was unveiled by U.S. Sen. Judd Gregg. The deal, which would involve the acquisition of the Thomas J. McIntyre Building in downtown Portsmouth for $1, will ...
Pending construction continues to slump.(REAL ESTATE & CONSTRUCTION)(Brief article)
Feb 13, 2009 ... While there was an uptick in the amount of pending nonbuilding construction contracts reported in December 2008, the total dollar value of all planned construction-related deals in New Hampshire continues to decline significantly. According to McGraw-Hill Construction, an ...
Developers move forward on Portwalk.(REAL ESTATE & CONSTRUCTION)(Brief article)
Feb 13, 2009 ... Developers are hoping to break ground in the summer on the second phase of Portwalk, a mixed-use development site that will include pricey office, retail and residential space at the center of the city. The first phase of Portwalk was completed in 2006 and includes a 131-room ...
Downtown Durham eyed for new UNH business school.(REAL ESTATE & CONSTRUCTION)(University of New Hampshire)(Brief article)
Feb 13, 2009 ... The idea of building the University of New Hampshire's now business school in downtown Durham--along with a new hotel and conference center--is starting to gain momentum among town officials. However, according to Foster's Daily Democrat, officials at the university say the ...
Batten down the hatches for the long haul.(Norton on Real Estate)
Feb 13, 2009; ... It's likely that 2009 is going to be as stressful as the last half of 2008. The markets, local, regional, national and international, continue to be in disarray. Here in New Hampshire, we continue to beat the drum that we are in better shape than the other five New England ...
Million dollar deals.(Statistical table)
Feb 13, 2009 ... <Pre> MILLION DOLLAR deals COUNTYTOWN DESCRIPTION LOCATION BELK ALTON OTH 118 DEWITT DR BELK MEREDITHL/B 60 VEASEY SHORE RD BELK MEREDITHL/B 71 OLD HUBBARD RD BELK MEREDITHL/B ...
Calypso Communications.(ADVERTISING)
Feb 13, 2009 ... Portsmouth marketing firm Calypso Communications has appointed Cathleen Williamson of Newbury, Mass., to public ...
Greater Hudson Chamber of Commerce.(BUSINESS ORGANIZATIONS)(appointments)(Brief article)
Feb 13, 2009 ... The Greater Hudson Chamber of Commerce has elected its new slate of board directors for 2009: Jerod Colley of Citizens Bank, Jerry Mayotte of Red Brick Clothing, Sandy Russo of AuctionLodge.com, Jennifer Wheeler of Hudson Cycle Center, Alison Cote of Merchants Solutions & Consulting, Mike ...
David Liddell.(BUSINESS SERVICES)
Feb 13, 2009 ... David Liddell, president of Nashua-headquartered performance consulting firm Skye Business Solutions, has been awarded the CEO ...
WhippleHill Communications.(BUSINESS SERVICES)
Feb 13, 2009 ... WhippleHill Communications of Bedford has acquired Toronto-based Eighty20, a Web solutions provider to Canadian independent schools. WhippleHill will assume ...
KPinc Consulting.(BUSINESS SERVICES)(Defense Logistics Agency)(Brief article)
Feb 13, 2009 ... KPinc Consulting, a proposal management and documentation preparation company located in Campton, has assisted SupplyCore of Rockford, Ill., a supply chain management and logistics services ...
The William Rosenberg Family Foundation.(EDUCATION)
Feb 13, 2009 ... The William Rosenberg Family Foundation, which honors the founder of Dunkin' Donuts, has given a $40,000 grant to the University of New Hampshire Rosenberg International ...
Peter Paul.(EDUCATION)(Pettee Medal )(Brief article)
Feb 13, 2009 ... Peter Paul has received the Pettee Medal for extraordinary, achievement and distinguished service to fire state, the nation, and the world from the University of New Hampshire Alumni Association. Paul, a UNH alumnus, is the founder of the family service organization ...
Michele Cota.(HOSPITALITY)
Feb 13, 2009 ... Michele Cota has completed the course requirements to earn her certified travel industry specialist ...
The Valley Inn.(HOSPITALITY)
Feb 13, 2009 ... The Valley Inn has joined the Waterville Valley Resort Association. The Valley Inn offers 44 rooms, wireless Internet ...