Business

Gov. Maggie Hassan and a group of New Hampshire business representatives are on a trade mission in Turkey.  Jeffrey Rose, commissioner of the state Department of Resources and Economic Development, says Hassan's presence will help open doors to businesses seeking to connect with Turkish businesses. He says Turkey has emerged as an important market and is New Hampshire's 12th largest trading partner. New Hampshire sent $79 million in goods and services to Turkey last year.  The group is in Turkey until Friday.

Rustic Crust Pushes To Restart Production In April

Mar 17, 2014
American Flatbread Pizza
Kelly Garbato / Flickr Creative Commons

  Construction crews are working two shifts a day to open a temporary facility for the Rustic Crust company in Pittsfield.  Earlier this month a fire burned down its production facility.

LendingMemo / Flickr Creative Commons

Just many places across the country, the New Hampshire’s recover from the recession has been slow. Recently, though, many are pointing to signs of an upswing. Housing prices are going up, while foreclosures are going down.  Consumer confidence is better than it has been in a while, and unemployment is now at 5.1% - 11th best in the country. But all is not perfect:  many in the Granite State worry about high energy costs, the Affordable Care Act’s effect on business, and uneven progress in different regions of the state.

BIA Announces Bills Targeted For Opposition

Jan 29, 2014

The Business and Industry Association has come out in opposition to seven bills before the legislature this session.  

http://www.pewresearch.org/fact-tank/2013/12/04/5-facts-about-the-minimum-wage/ / Pew Research Center

As more states increase their minimum wages beyond the federal level, New Hampshire’s has remained at the same at seven dollars and twenty-five cents an hour. Now, some state lawmakers want to raise it, saying it will help lift workers out of poverty and boost the economy. Opponents though, warn of unintended consequences, including layoffs and slower job growth.

GUESTS:

The Man Who Owns The Moon...Maybe

Jan 6, 2014
Photo by Steve Jurvetson, courtesy of Flickr Creative Commons

Dennis M. Hope claims to own the moon.  He's been taking advantage of an obscure international treaty loophole since 1980, selling off lunar property, and declaring himself owner of the Lunar Embassy, and President of the Galactic Government.  Sound like a joke?  It's not. It's just business.

Nine New Hampshire companies will share more than $100,000 in state Job Training Fund grants awarded this month.  

Via Business NH Magazine

This week, we’re talking about work…what we do…and how our attitudes and expectations concerning work have fared under the long shadow of the 2008 financial crisis. Today, we’re taking advantage of some good timing. New Hampshire-based tech company Dyn is holding its third annual 'Culture-Con' tomorrow in its Manchester headquarters.

We talked with two participants in the gathering to talk how companies create workplace cultures that attract and engage and retain workers in meaningful and lasting ways, Dyn's COO, Gray Chynoweth, and Amanda Osmer of Grappone Automotive Group.

Note of disclosure: Grappone is an NHPR underwriter, and Gray Chynoweth serves on NHPR's Community Advisory Board.

BIA Releases Strategic Economic Plan For N.H.

Nov 18, 2013

  The Business and Industry Association of New Hampshire has released its first economic plan for the state

The plan includes more than 100 policy recommendations covering nine areas believed to be essential to the state’s economy.  The recommendations include some classic BIA issues, like streamlining access to the Research and Development tax credit and increasing STEM education.  But there’s also a recommendation to emphasize arts, culture and history in schools. 

catchesthelight via Flickr Creative Commons

Three years after it was put up for sale, an 11-generation family farm in New Hampshire has been sold. 

Members of the Tuttle family owned the 135-acre farm in Dover since 1632, one of America's oldest continuously operated family farms.  They put the fruit-and-vegetable farm up for sale in the summer of 2010 as they dealt with competition from supermarkets, pick-it-yourself farms and debt. 

The original price was $3.35 million. Foster's Daily Democrat reports it sold last month for a little over $1 million to Matt Kozazcki, who owns a farm in Newbury, Massachusetts.  

New Hampshire's tax receipts are $25 million ahead of estimates so far this fiscal year despite a weak showing in October.

Administrative Services Commissioner Linda Hodgdon said receipts were $2 million below estimates, but October is a relatively small tax month. The state collected $105 million and had forecast receiving $107 million. Hodgdon said business taxes were down over $4 million, but such a small tax collection month makes it difficult to know if that signals a trend.

Since July 1, the state has collected $541 million.

via Knack.it

There’s been a lot of fuss made in recent years over the increasing “gamification” of everyday life – that is, the use of game mechanics in unusual settings like personal fitness, or in schools – where the incentive to get points or awards might have more motivational power than getting good grades, or dropping a dress size. In the workplace, companies like Cold Stone Creamery and the Miller Brewing have starting using video games to train fresh hires – and a recent study by the University of Colorado found that employees trained using video games did their jobs better, and retained information longer than those who were instructed by more conventional methods. One company thinks video games can play a role in businesses even earlier – before an employee has even been hired.

B.C. Angell via Flickr Creative Commons

Leather shoes and accessories manufacturer Cole Haan is moving its headquarters from Maine to New Hampshire.

Officials said on Friday that the headquarters will relocate from Scarborough, Maine to Greenland, N.H., where its customer service and distribution center is located.

Karen Martin, executive director of the Scarborough Economic Development Corp., tells the Portland Press Herald that about 110 people work at headquarters.

The company didn't disclose when it plans to relocate or how many employees would be affected.

Concord Hospital Names New CEO

Oct 2, 2013

Concord Hospital is getting a new CEO.

The hospital Board of Trustees has selected Robert Steigmeyer. He is expected to start the first week of January 2014.

Steigmeyer has been the chief executive officer at Geisinger Community Medical Center in Scranton, Pa., since 2012 and a leader of a community medical center that eventually joined it.

She Shimmers via Flickr Creative Commons

Fall in New Hampshire means fairs, foliage – and getting out to one of the state's 300-odd apple orchards to pick your own. Elaine Starkey is out at Butternut Farm in Farmington, with her sons and grandkids, to do just that.

"They usually have donuts, but we got here a little late."

'Pick Your Own Apples' now means not just picking the fruit, but also hay rides, corn mazes, petting animals, And enjoying other seasonal products, like cider, pies, and yes, donuts. 

Nick McPhee via flickr Creative Commons

The Department of Labor reports that last year’s national wage rate crept up only 2%, confirming what many US workers can already tell you: wages have stagnated. Not so for one high-demand job: babysitters. Over the past 30 years, teenage babysitting rates have risen nine times faster than the rate of inflation – commanding an average of $10 per hour. Depending on location and a sitter’s skill set, parents can shell out as much as $17 an hour for a night out. Megan Woolhouse covers the economy for the Boston Globe’s business section. Her article on babysitters making bank alerted us to this one sector of high wage growth.

Bryan Costin via flickr Creative Commons

How much tip do you typically leave for your server when you dine out? Maybe 20% if the service is good? 18% if you can do the math? The New York Post reported last year that many diners in that city leave a 25% to even 30% gratuity to their bill. Tipping is meant to incentivize and reward exceptional service, but a new movement proposes that the quest for the mighty tip is at the root of some problems in the restaurant industry. Bruce McAdams is a seasoned restauranteur and professor leading the Sustainable Restaurant Project at the University of Guelph in Ontario, Canada…he gave a Ted-X talk last year on the problems with restaurant tipping.

via Monadnock Lyceum

Judy Wicks will discuss her evolution as an entrepreneur and how she would not only change her neighborhood, but would also change her world – helping communities far and wide create local living economies that value people, nature and place more than money. Focusing on what it takes to marry social change and commerce, and doing business differently, Judy shows how entrepreneurs, as well as consumers, can follow both mind and heart, cultivate lasting relationships with each other and the planet, and build a new compassionate economy that will bring us greater security, as well as happiness

The state is deploying its Rapid Response Team to assist over 1,100 workers set to lose their jobs as two supermarket chains close some of their stores.

Shaw’s is planning to shutter six of its 34 New Hampshire supermarkets, while Stop and Shop is closing all of its stores and gas stations in the state.

MeneerDijk via Flickr Creative Commons

It’s been a pretty big couple of weeks for Amazon.com.  First, President Obama chose one of the company’s fulfillment centers as a backdrop for a speech on raising the minimum wage.  Then, news broke that Amazon’s founder, billionaire Jeff Bezos, had purchased the venerable Washington Post.  Amazon now has one hundred and twenty-six million monthly users.  But they might want to start reading product reviews with a grain of salt.  Cited as the largest single source of internet consumer reviews in 2010, the online giant is susceptible to a deceitful practice called astroturfing.  When Susan Crawford’s book “Captive Audience” about the Telecom Industry was published in January, it attached a number of bad reviews later revealed to be fake…with a political agenda behind them.  Our guest Mike Masnick weeded out these fake reviews and published an expose for Techdirt that reached the front page of Reddit.  Masnick is the founder and CEO of Floor64 and editor of the Techdirt blog, we spoke with him about his findings.

Ella Nilsen / NHPR

Anyone who’s gone grocery shopping at Market Basket knows the slogan: where you always get more for your dollar. But who exactly might be offering those purported savings may be about to change.

Taking Stock of STEM

Jun 3, 2013
Shyam Subramanian via Flickr Creative Commons

The subjects of science, technology, engineering, and math are all the rage these days among politicians, business and education leaders who say we need more emphasis on these subjects to compete globally. But others say we’re going overboard on STEM and that society benefits from a broader approach that includes the arts, communication, and critical thinking.

Guests:

Fred Kocher: President of the New Hampshire High Tech Council and founder and president of Kocher and Company, a marketing and communications firm.

Rebecca Lavoie

Earlier this week, Yahoo!'s board of directors approved the tech company’s one point one billion dollar purchase of the micro-blogging site Tumblr, the latest move in CEO Marissa Mayer’s bid to revive the flagging tech company. The purchase has some Tumblr users up in arms, and others simply shrugging their shoulders at what just seems like the latest acquisition in the wake of so many to come before it.

Joining us to explain a bit more what the purchase of Tumblr means for Yahoo! and fans of the site is Lance Ulanoff, Editor in Chief at Mashable.

I Saw The Sign: The Old-Fashioned Art Of Sign-Painting

Apr 10, 2013
Photo By Stephanie Booth, courtesy of Flickr Creative Commons

Hand-painted signs once dotted the landscape. They brought color, style, and distinction to stores and products, and were the nation’s first form of advertising…and today, with computer graphics and large-scale printing available for cheap, they are pretty much going the way of the horse and buggy… But a number of hand-painting holdouts are sticking with brushes – and are the subject of Sign Painters, a new documentary film about the craft directed by Sam Macon and Faythe Levine.  

Emily Corwin / NHPR

More than 10,000 people filed into the Manchester Radisson’s Expo Center this weekend to taste test, try on, and purchase products made by 145 New Hampshire companies. 

Stretch’s Pickles of Keene was one of those businesses.

Owners Glenna and Craig Hjelm say both Craig’s parents and their kids pitch in to make the business thrive:

It’s all in the family, our website was created by one of our sons, they all help out at the farmers markets, boxing pickles, picking cucumbers, everything.

One of Manchester, New Hampshire’s most celebrated business owners has died. May Gruber owned Pandora sweaters for decades; it was one of the area’s biggest operations.

Several years ago May Gruber was the subject of a documentary, called “Sweater Queen.” All Things Considered host Brady Carlson talked with the film’s producer, Nancy Beach, in 2012. She started by telling the story of how Gruber and her family first came to New Hampshire.

N.H. Benefits From Firearms Boom

Feb 11, 2013
Amanda Loder / NHPR

As federal lawmakers grapple with tighter gun control laws, business is good for the firearms industry.Across the country, gun dealers can’t keep them on the shelves, and manufacturers can’t keep up with demand. But how do these trends affect New Hampshire's economy?


melodramababa via Flickr/Creative Commons - http://www.flickr.com/photos/melodramababs/3912228953/in/photostream/

When we talk about holiday shopping we're usually referring to gifts. But as anyone who's ever hosted the family Christmas party knows, holding shopping can also mean food shopping.

And this year in New Hampshire, there are more options for that kind of shopping than perhaps ever before.

Harry Pujols via Flickr Creative Commons

Some employers are willing to try anything to incentivize employees to work harder and increase productivity. But what exactly are employees looking for in a job these days, aside from the pay?  Business NH Magazine's annual competition identifies the top ten best New Hampshire companies to work for and what makes them so great. Matthew Mowry is editor for Business NH Magazine and he joins us to talk about who came out on top.

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