FRITO-LAY PLANS WAREHOUSE NEAR LEBANON AIRPORT
Developers are proposing a new Frito-Lay warehouse and distribution center on Airpark Road in Upper Valley Technology Park, a 36.8-acre property in a commercial and industrial district.
Saad Development Company, of Mobile, Ala., is seeking city approval to build a 6,000-square-foot facility for storing, delivery and distribution of Frito-Lay products. The facility will include a loading area with five bays designed to accommodate tractor trailers and delivery vans, as well as parking spaces for up to 14 employees.
Frito-Lay also leases a distribution center in Plainfield, which recently resulted in a legal dispute with the town over the company’s hours of operation.
The Upper Valley Tech Park is in a tax-increment financing, or TIF, district where a tax-based public financing formula is used to reinvest in economic development projects.
CMC EXPANSION REMAINS ON HOLD
Catholic Medical Center’s expansion project remains on hold as the hospital continues to deal with the fallout of the Covid-19 pandemic and failed plans to combine with Dartmouth Health, the Union Leader reported.
Construction was set to start last spring on the Manchester hospital’s sixstory, 178,000-square-foot addition to its facility.
But in a Feb. 1 letter to city planners, the hospital said it does not have a firm construction schedule for either the building or its central utility plant. A one-year extension would allow the hospital to firm up its plans to pursue the two projects, CMC said.
A spokesperson told the newspaper the hospital remains committed to the project and will continue to do preliminary work, including “assessing the scope and design of the building as well as making sure it will best meet the needs of patients in New Hampshire.”
GREENPAGES MOVES CORPORATE HEADQUARTERS TO PORTSMOUTH
After 25 years in Kittery, Maine, Green-Pages, a provider of cloud and cybersecurity services to companies around the country, has moved its corporate headquarters to a new 13,000-squarefoot office space at the Pease International Tradeport.
The company — which got its start in the 1990s in Portsmouth — said the new headquarters will accommodate up to 100 employees.
Ron Dupler, CEO of GreenPages, said Portsmouth’s “thriving business environment and access to top talent will enable us to effectively recruit and retain top talent in the region and continue delivering exceptional value to our growing portfolio of customers and technology partners.”
CTM GROUP, SCOOTERBUG MERGE INTO VENU+
Salem-based CTM Group Inc., a manufacturer of games and other entertainment for tourist destinations and other venues, and Orlando-based ScooterBug Best Lockers, a maker of mobility and lockers for leisure and entertainment sites and tourist destinations, have completed their merger and will rename the combined company VENU+.
The company is backed by affiliates of Z Capital Partners LLC, the private equity fund management arm of Z Capital Group LLC, which originally acquired CTM Group in 2018.
VENU+ is led by CEO Andrew Kindfuller, former CEO of ScooterBug. The combined company has operations in all 50 states and across 13 countries on four continents.
