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Article: First round of stimulus funds is quickly putting some people back to work.(STIMULUS PROJECTS)
- Article from:
- New Hampshire Business Review
- Article date:
- May 22, 2009
- Author:
CopyrightCOPYRIGHT 2009 Business Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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What a difference winning $29 million in contracts makes.
Before the federal economic stimulus package came along, Pike Industries was about to lay off 60 people in New Hampshire. Now the Belmont-based paving company plans to hire another 50.
"Our industry has shed volumes," said Christian Zimmermann, chief executive of Pike about the lost jobs at his and other companies in the business. "Everybody felt the pain and let people go." Now many contractors throughout the state are asking workers to come back.
In the blink of an eye--at least compared to the usual government time frames--the state has put more than ...