Timberline Construction Corp. has joined New Hampshire Life Sciences as the trade group’s third founding member.
Timberline will join Novocure and Novo Nordisk in launching NHLS, the first statewide life-sciences association built for the industry, the group announced in a press release.
“In addition to the population growth, New Hampshire has some of the highest growth indicators for economic future and business potential,” says Steven Kelly, CEO of Timberline Construction Corp. and Timberline Communications. Timberline opened a new office in Merrimack last year, according to the press release.
“With the increase of science and technology companies moving to the state, along with the continued investment in academic institutions and the hospitality industry, we are fully invested in this state’s continued success,” adds Kelly.
“Timberline Construction is a trusted partner to life sciences companies, working to build world-class facilities that are the launching pad for groundbreaking innovation. With Novocure, Novo Nordisk and Timberline Construction as founding members, NHLS moves into a new phase of its growth and is open to membership,” said Andrea Hechavarria, president and CEO of NHLS.
“NHLS will work to nurture, protect and grow the life sciences industry in the state, and is welcoming membership and interest from early-stage startups to global enterprises, effective today,” said NHLS co-founder Cindy Conde.
Last year, the state Department of Business and Economic Affairs announced its first Life Sciences Industry Assessment and Strategy report, which states New Hampshire can contribute strongly to the life sciences industry now and in the future.
The report adds, “While the state’s proximity to the world’s largest life sciences cluster in Boston amplifies opportunities, New Hampshire’s life sciences assets represent sub-industries that are well suited to leverage industry dynamics and continue growth trajectories in the state.”
New Hampshire is home to more than 600 companies in the life sciences, which has generated more than 11,000 jobs, and contributed approximately $3 billion to NH’s gross regional product and $4.3 billion in sales in 2021, according to the press release.
