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What's new at NH Business Review

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The ‘4 musketeers’ of NH real estate
Introducing the “four musketeers” who make up the leadership team of The Kane Company, President and CEO Michael Kane described himself as “the least important” and his brother John as the “second least important” of the four.
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Playing games with difficult subjects
Over two decades, Brady and her students have developed solutions for a variety of local equity, inclusion and community resilience needs.
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Dagesse acquires AutoServ of Tilton dealership
Founded by Paul Gaudet Sr. and owned and managed by the Gaudet family, AutoServ of Tilton is the flagship of an enterprise that at its peak operated at six locations, including Concord, Plymouth,...
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Gorham Paper mill files for bankruptcy
Zohar has agreed to sell the mill assets to Behrens Investment Group, a New York-based investment company. Under the deal, Behrens would acquire most of Gorham Paper & Tissue and its subsidiary,...
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NH BUSINESS REVIEW
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NH bankruptcies continue to hit record lows
Indeed, despite the high unemployment and the phase-out of both federal and state assistance to individuals and businesses, the number of bankruptcies has remained low for seven straight months starting in April, just after the pandemic struck the state.
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CSX bid to acquire Pan Am Railways raises concern
As CSX Transportation continues talks with Pan Am Railways to acquire its 1,700 miles of track in New England — including 121 miles in New Hampshire — Norfolk Southern Railway has told federal regulators it will oppose the transaction, which it...
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Augmented reality app to showcase New Hampshire art
The exhibition — the first of its kind in the region — will use the Aery augmented reality app, which has been developed by Membit, a firm with offices in New Hampshire and New York City.
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Report: Nashua will need another 4,700 housing units by 2030
It also suggests working with employers to identify opportunities to partner on employer-assisted housing, as well as leveraging capital from housing partners and working with the city’s housing authority on various initiatives..
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CONCORD
CONCORD: An auction has been set for 10 a.m. Dec. 16 for the assets of LRGHealthcare, including Lakes Region General Hospital and Franklin Regional Hospital,...
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TAKE5
Two-thirds of Americans either have or are considering opting out of in-person holiday parties (63%), while one-third are contemplating a Zoom holiday instead (36%),.
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Portsmouth barber, coding client develop booking platform
The downtown barber said when Forte first pitched the idea, he told him, “I’m old school; I have my paper book and I’m good.” He said he has sat in his barbershop for 40 hours a week in case of drop-ins,...
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New Hampshire ranks high again on national innovation index
The California-based think tank looks at a range of metrics to determine the list, which once again is topped by Massachusetts.
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THE BOTTOM LINE
Stratham-based Planet Fitness reported a 36.8% revenue decline, to $105.4 million, in the third quarter that ended Sept. 30, causing it to suffer a net loss of $3.1 million, or 4 cents a diluted share.
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ABOUT TOWN
1. Over Twitter, former South Carolina Gov. Nikki Haley recently congratulated the 30 GOP women who won their seats in New Hampshire.
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Pressing charges
A proposal by utilities and clean energy advocates to increase electric and gas rates over the next three years in order to fund an ambitious plan to reduce energy use has run into objections from the New Hampshire Public Utilities Commission staff and now the Business and Industry Association of New Hampshire.
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Retailers: Are you ready for the holidays?
Last year, a record 189.6 million U.S. consumers shopped online and in-store from Thanksgiving Day through Cyber Monday, according to the National Retail Federation.
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How New Hampshire arrived at child-care crisis
Her two older children are in their 20s, but the youngest, Daniel Hastings, is 5. His day care center, Monadnock Community Early Learning Center in Peterborough, closed temporarily due to the coronavirus outbreak in mid-March, around the same time...
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Older workers’ job struggles
It’s happening again. One of the perverse hallmarks of the Great Recession 10 years ago was the expulsion of many older workers from the workforce.
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School enrollment spikes seen in some NH districts
Last year, there were just 17 students enrolled at Waterville Valley Elementary School. This year, the number has nearly tripled, an increase driven largely by students who have moved to the area since the start of 2020.
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Reflections on the election
Facing an unprecedented challenge, officials in New Hampshire and nationwide studied how to have safe elections, administer them efficiently while accommodating unprecedented numbers of early and mailed votes, and voters responded with a record turnout.
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Retailers prepare for a different kind of Black Friday
“I don’t think, honestly, we will be that busy in the store,” said Mick Pratt, marketing and events coordinator at Bull Moose Music, which has locations in Portsmouth, Salem and Keene. “At least that is what we are putting out there — you don’t have to be here on Friday.
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How do you know if a restaurant is safe?
The environment created has been a relentless storm for so many operators in our industry: guests’ fear of being around others, unsustainable financial loss, employees’ hesitation in returning to work and so much more.
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Let’s keep our focus on fighting Covid-19
When Abraham Lincoln was elected president in 1860, the nation was in crisis under a one-term president, James Buchanan.
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How to honor those who nobly served our nation
Within my family, you could say service to country runs deeply through our DNA. My father served in the U.S. Air Force, and my grandfather was a Marine.
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The chasm between us remains
With the convergence of the pandemic, joblessness and police brutality of recent months, our nation was once again forced to grapple with the centuries-old legacy of systemic racism.
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Who’s first in line for a Covid vaccine in New Hampshire?
In phase one, vaccines will go to first responders, including firefighters, police officers and EMS workers, high-risk health workers, and adults living in nursing homes and assisted living facilities.
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ASK THE EXPERTS
If the U.S. Senate turns in favor of the Democrats, it is safe to say there could be some changes to the U.S. Tax Code, including a higher corporate tax rate and higher rates on capital gains for all individuals,...
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NH’s fiscal situation shows improvement
But while the situation is more favorable than previously expected, significant unknowns remain, including the course of the pandemic and the potential for federal assistance to states and local governments,...
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Lakes Region loan fund wins USDA support
“Granite State small businesses need access to capital to weather the economic impact of Covid-19, return to normal operations, and continue to develop and grow,” said Shaheen.
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CDFA’s FY 2020 investment topped $17.8 million
The agency said the projects’ impacts were felt in 46 communities and represent an approximate 36% year-over-year increase in the number of initiatives supported, and a more than 11% increase in funds deployed.
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Bank of New Hampshire names Logan to take over as president and CEO
He will succeed interim Michael J. Long, interim president and CEO, on April 1, 2021, the bank said. Long was named to the interim post after the resignation in the spring by Paul J. Falvey, who at the time cited personal reasons for his departure after leading the financial institution through three years of growth.
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Nashua-based Millyard Bank
Nashua-based Millyard Bank has entered a contract with K.W. Management of Nashua for the design and installation of a 250-panel solar array on the roof of its headquarters at 57 Northeastern Boulevard in Nashua.
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How to help charities hit by Covid
In these challenging economic times, many worthwhile charitable organizations find themselves in a precarious financial position. Meanwhile, they are experiencing unprecedented demand, especially those charities who provide basic needs like food and shelter.
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St. Mary’s honored for PPP lending
St. Mary’s Bank has received the 2020 Credit Union of the Year Award from the New Hampshire district office of the U.S. Small Business Administration as the leading New Hampshire credit union underwriting Paycheck Protection Program loans..
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Covid-19 and New Hampshire’s M&A environment
However, the pandemic has impacted industries differently. For example, the retail and hospitality industries and industries tied to these two sectors of the economy have been significantly impacted by the pandemic,...
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Why can’t I conduct job interviews on Zoom?
Those who remember the ‘70s group Bread might recall the lyric, “If a picture paints a thousand words, then why can’t I paint you?” The song was very popular back then, and so was the practice of employers asking job applicants to submit photos with job applications.
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Bedford attorney admits $2.4m fraud
According to a news release issued by U.S. Attorney Scott Murray announcing Allen’s guilty plea, Allen’s clients gave him money to hold in escrow for specific purposes, including private lending, real estate transaction and other business deals.
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Retirement plan changes, past, present and future
In late 2019 and early 2020, Congress passed two major pieces of federal legislation — the Setting Every Community Up for Retirement Enhancement Act (the SE- CURE Act) and the Coronavirus Aid,...
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Senior living complex to be built at Woodmont Commons
The design of the community capitalizes on the intergenerational aspect of the development and will include a variety of amenities, some of which will be open to the public. Edgewood Senior Solutions group closed on the land this week, and groundbreaking is set for 2021.
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The future remains unclear
It is 10 a.m. on Election Day. We are in the office and enjoying the rising interest and buzz from clients. Ten months into the pandemic we are beginning to see activity — mostly valuations, opinions of value and sales.
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NH Realtors name Quinn their new CEO
“Bob’s work during a uniquely challenging time has been remarkable. He was essentially asked to step in and guide a 7,000-member organization through a global crisis, amidst the loss of a beloved and successful leader,” said NHAR President Marc Drapeau in announcing the appointment.
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ABC of NH/VT honors construction excellence
DEW Construction Corp. took home the top honor, the Chairman’s Award, which was presented for its work on construction of the Golden Brook Elementary School in Windham and concurrent and renovation work at Windham Middle School.
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Shown at the ribbon-cutting
Shown at the ribbon-cutting ceremony to mark the opening of Rivier University’s new Science and Innovation Center are, from left: Judge Joseph Laplante, vice chair of the board of trustees; Nashua Mayor Jim Donchess; Mary Sister Helene Cote,...
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Ground broken for Dartmouth grad student apartments
North Branch Construction of Concord has begun sitework at the 401 Mt. Support Road property in Lebanon, for construction of what will eventually be four apartment buildings, a clubhouse and an operations building.
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CALENDAR
WHAT: Choose anytime the week of Thanksgiving to run the Seacoast Rotary Turkey Trot. Show your holiday spirit by sharing a picture of you running in your costume with your bib showing,...
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Q&A INTERVIEW
Drociak, who has a B.S. in environmental conservation from the University of New Hampshire, takes care of New Hampshire’s rivers, ponds and lakes. She keeps them flowing and tries to assure they are the best possible rivers and bodies of water they can be.
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THE LATEST
The city of Concord and The Caleb Group, a nonprofit affordable housing organization based in Swampscott, Mass., have opened the first phase of Penacook Landing,.
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Perrotta named to Rivier University post
Over the course of his career, Perrotta has held accounting positions in the greater Boston area and several leadership roles in the University System of New Hampshire.
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FLOTSAM&JETSAM
The budding Dem resistance was apparent from the evening of 11/3, in fact. So much so that within a week RB set up a so-called “Task Force on Building a Blue Hampshire” to “take an objective look at the coordinated efforts across all entities and...
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