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Summer Comes Knocking on New Hampshire’s Door This Weekend; Great Economy, Low Gas Prices Favorable Factors For Growth

May 26th, 2016
LorentzCiminoCail

Carmen Lorentz, left, Vicki Cimino, Ken Cail before this week’s New Hampshire Business Matters on WTPL-FM, where Cimino talked about this summer’s visitor forecast. Listen here.

Memorial Day holiday weekend, the unofficial kick-off to summer, is predicted to begin a record setting summer tourism season in New Hampshire. More than 600,000 people are expected to visit the state this weekend, spending approximately $95 million, 5 percent above last year.

The growth is forecast to continue through the summer, with the number of travelers expected to reach 16.5 million, a 6 percent increase from 2015.  They are expected to spend an estimated $2.16 billion, 4 percent more than last summer.  According to the Institute for New Hampshire Studies, a favorable regional economy and lower gas prices are two factors helping fuel the anticipated increases.

Visitors to New Hampshire this summer will come from New England and the mid-Atlantic states.  The central and eastern regions of Canada remain important secondary markets for New Hampshire.  The months of June, July and August are the busiest of any three-month travel season in New Hampshire.

The New Hampshire Division of Travel and Tourism Development last week kicked off the state’s summer promotion campaign, which inspires visitors to Live Free while seeking new adventures, such as surfing, ATVing, mountain biking, kayaking and whitewater rafting. The campaign is aimed at travelers in Boston, New York, Quebec and Ontario and includes a mix of new television commercials, and transit, digital and print advertising. View the commercials on VisitNH’s YouTube channel.

 

An Invitation to Gov. Hassan’s Summit on Work-Based Learning

May 25th, 2016

Work-based learning in New Hampshire and how we can make it a dynamic and enriching experience for students on their way to college and a career is the focus of an upcoming conference. Business owners will especially be interested in attending Gov. Maggie Hassan’s Summit on Work-Based Learning coming up on June 6 at Manchester Community College.

New Hampshire has, over the past five years, seen great results as educators and employers align their needs and boost economic opportunities for students. With technological advances ever increasing in a global economy, today’s students need to be well-prepared with the knowledge and skills that will ensure companies, especially manufacturers, remain competitive.

The summit will continue the dialogue and include ways for businesses and organizations to become involved in work-based learning.

The conference is free and open to the public, however registration is required. It runs from 9:30 am to 1:30 pm, with lunch provided at MCC.

speakers

Spiegel, Loyd

Joining a roster of employers, educators and students from New Hampshire will be Eric Spiegel, president and CEO of Siemens USA, director of Liberty Mutual Holding Co., Inc., member of the President’s Advanced Manufacturing Partnership Steering Committee, and a member of the Board of Overseers at Dartmouth College’s Tuck School of Business.

Amy Loyd, director of the Pathways to Prosperity Network, will also participate, bringing her experience working with educators, employers and government leaders on promoting work-based learning.

New Hampshire is one of six states participating in the National Governor Association’s Policy Academy on Work-Based Learning. This 18-month planning grant provides financial resources, content experts and national partners to build upon the state’s existing work-based learning programs and develop a plan to enhance and scale these programs in the state.

NH International Trade Office Earns Prestigious Export Award in Washington, DC

May 16th, 2016

The New Hampshire Office of International Commerce received a presidential E Award for Export Service this morning at a ceremony in Washington, DC.

Tina Kasim and Nathaniel Nelson receive the E Award from Secretary Pritzker

“The State of New Hampshire has demonstrated a sustained commitment to export Expansion,” said Penny Pritzker, U.S. Secretary of Commerce. “The E Awards Committee was very impressed with the State’s dedication to helping companies understand the intricacies of the export process. Its collaboration with partners to achieve export promotion goals was also particularly notable and its achievements have undoubtedly contributed to national export expansion efforts that support the U.S. economy and create American jobs.”

The Office of International Commerce, part of the New Hampshire Division of Economic Development, works with companies from around the state to help them introduce their products to global markets and to increase sales for veteran exporters.

Corfin Industries of Salem also received an E award at this morning’s ceremony.

“Recognizing the value of exports to our businesses and to the economy, we have worked hard over recent years to revitalize our Office of International Commerce, helping our business leaders distribute goods and services across the globe,” said Gov. Maggie Hassan. “I am proud that these efforts are being recognized nationally and look forward to continue expanding upon these efforts, which strengthen our economy, our communities and our state.”

In 2015, exports of New Hampshire products totaled over $4 billion. Nationwide, U.S. exports totaled $2.23 trillion, accounting for nearly 13 percent of U.S. GDP and supporting about 11.5 million jobs.

“I am pleased and proud that our Office of International Commerce is recognized on the national level for its work in promoting export expansion,” said Jeffrey Rose, commissioner of the Department of Resources and Economic Development. “The E Award illustrates the success we have when we work together with partners, like the US Department of Commerce and the Small Business Administration, to accomplish the goal of helping New Hampshire businesses find new customers in overseas markets.”

The Office of International Commerce was nominated through the Department of Commerce’s U.S. Commercial Service network. It was one of 123 companies and organizations receiving the award.

For more information about exporting and resources available to New Hampshire businesses, visit www.exportnh.org.

Advancing The Region’s Aerospace and Defense Industries: An Invitation From New Hampshire Commissioner Jeffrey Rose

May 4th, 2016

Jeffrey Rose, commissioner of the New Hampshire Department of Resources and Economic Development, brings extensive public and private sector experience to his role, including nine years with BAE Systems in Nashua.

Commissioner Jeffrey Rose

New England has always been an industrial leader. Its people are resourceful, innovative, and passionate about what they do. This is evident today with the great strides our region is taking to advance our aerospace and defense industries. I am proud that New Hampshire, and the Northeast, is home to thousands of businesses that produce equipment and components found in the depths of the ocean to the outer reaches of space – and every place in between. I know you share my sentiment that to keep these companies strong, vital and competitive, we must come together to build on the partnerships essential to our industries’ success.

To that end, I am pleased to invite you to attend the 2nd annual New Hampshire Aerospace and Defense Conference. Last year’s conference was a tremendous success, and based on feedback, we’re expanding elements of this year’s program to promote greater collaboration across the supply-chain, networking, and engagement from industry experts. This year’s conference promises to be even more impactful. Whether you’d like to attend as a participant, an exhibitor, or both, you’ll be able to get in front of many of the region’s key aerospace and defense influencers.

http://www.nhadec.comNHAD_Conference

Register today.

I encourage you to join us from 8 a.m. – 4 p.m., June 1 at The Radisson Hotel in downtown Manchester. With the theme, Opportunities for Aerospace and Defense Products, Technologies, and Services in the International Marketplace, this year’s conference will be an excellent opportunity to learn about key international growth markets from leading experts and to connect and engage up and down the regional supply chain.

To learn more about the conference and to register, please go to the NHADEC website. I look forward to seeing you there.

 

Best Regards,

Jeffrey Rose
Commissioner, NH Department of Resources and Economic Development

* See what New Hampshire’s aerospace/defense buzz about the conference:
Five Questions with Sean Foote/NH Aerospace and Defense Conference
NHADEC board member Brian Ward/Jewell Instruments about the value of the conference podcast

 

 

Just Back from Aéro Montréal’s Aerospace Innovation Forum

April 28th, 2016

New Hampshire at Aéro Montréal

Aéro Montréal, which is Quebec’s aerospace cluster, wrapped up its two-day Aerospace Innovation Summit and among the more than 1,000 attendees were our Michael Bergeron and Beno Lamontagne.

“The forum has become essential for aerospace stakeholders in Québec and internationally who want to learn about the latest technological advances, create collaborative projects between countries and generate business opportunities,” said Suzanne M. Benoît, president of Aéro Montréal.

There are about 350 companies in the Granite State that have a connection to the aerospace and defense industries, according to the New Hampshire Aerospace and Defense Export Consortium, which forged a collaboration with Aéro Montréal in 2013.

Bergeron said the venue is a great place to connect with companies that may have an interest, or a need, to have a presence in New Hampshire. He said that while many Canadians were drawn to our booth to relate their vacation experiences in the White Mountains or Hampton Beach, they were surprised to learn about the business side of the state – particularly the lack of a sales or personal income tax and our business friendly climate.

It’s been a busy week here at NH Economy, but for New Hampshire, it’s been a great one, with international exposure from the halls of Hannover Messe in Germany, the world’s largest industrial trade fair, to Aéro Montréal, one of the world’s largest aerospace clusters, right over the border.

Lorna Colquhoun
Communications Director
Division of Economic Development

New Hampshire Meets the World at Hannover Messe

April 27th, 2016

Hannover

If the world didn’t know about New Hampshire a week ago, it sure does today.

Halfway through Hannover Messe, the world’s largest industrial trade fair, Carmen Lorentz, director of the Division of Economic Development, and Tina Kasim, of the Office of International Commerce, have put behind them dozens of meetings.

“We met with 13 European industry clusters (Tuesday), all in different advanced manufacturing areas,” Lorentz said. “We talked about how we might work together to match New Hampshire and European businesses for joint R&D projects.”

Throughout the five-day show, Lorentz and Kasim are scheduled to meet with representatives from more than 30 companies, from places like Germany, Switzerland, the United Kingdom, France and Belgium, which have businesses and manufacturers that complement our key industries. The goal of attending this trade show is to make connections with international companies that may have an interest in investing here; forming partnerships; or expansion or relocation to the US.

One New Hampshire company is also exhibiting at the show. Jewell Instruments, which is located in Manchester, is a world leader in the manufacture and distribution of acceleration and tilt sensors, as well as avionics components, solenoids and panel meters. Its JMA-165 MEMS accelerometer has been nominated for Direct Industry’s i-NOVO Design Award.

Hanover Messe has 17 huge exhibit halls and over the course of the show, more than 200,000 people are projected to pass through there. There is great value in being here to tell the New Hampshire business story to an international audience.

Lorna Colquhoun
Communications Director
Division of Economic Development

 

Where in the World is New Hampshire? Hannover and Montreal

April 22nd, 2016

NHatHannoverThe office will be awfully quiet next week, as our team heads out in two directions, but with the same mission of telling the world about why New Hampshire, with our industries, our business-friendly climate, our skilled and educated workforce, is a great place for companies abroad to consider partnerships, expansion or relocation.

Kasim

Kasim

Lorentz

Lorentz

Director Carmen Lorentz and Office of International Commerce Program Manager Tina Kasim head out tomorrow for Hannover Messe 2016, the world’s largest industrial trade fair. More than 200,000 people pass through to visit over 6,500 exhibitors, including New Hampshire. The US is the featured country; President Obama will be there to open the event this weekend. Carmen and Tina have lined up meetings with industry sector and business leaders and we are looking forward to hearing about them throughout the week.

Jewell Instruments of Manchester will also be exhibiting at the show; Brian Ward, director of business development sensor and controls, and Lorentz talked about the event on our monthly New Hampshire Business Matters radio show on WTPL-FM.

They also talked about the upcoming NH Aerospace and Defense Conference, June 1, in Manchester … which is a good segue into the next topic:

Bergeron

Lamontagne

aeroOn Monday and Tuesday, Michael Bergeron and Beno Lamontagne head over the border to Montreal, where they will attend the Aerospace Innovation Forum. With more than 300 Granite State companies involved in the aerospace and defense industries – which are among our key industries – it makes sense to have a presence and be among companies and leaders of Aero Montreal, one of the largest aerospace clusters in the world.

Bergeron and Lamontagne will be there in support of the New Hampshire Aerospace and Defense Export Consortium and the New Hampshire Seacoast Aerospace Cluster and they’ll meeting with company representatives interested in connecting with companies here.

At the last Aerospace Innovation Forum in 2013, NHADEC signed its first international partnership with Aero Montreal, establishing preferred relations between the organizations collaboration on topics such as training, research, joint trade missions and supplier development initiatives.

We are going to keep up with these two events – and we hope you will, too – via our Twitter, LinkedIn and Facebook pages.

Lorna Colquhoun
Communications Director
Division of Economic Development

 

 

New Hampshire Joining US Delegation at Hannover Messe 2016

April 19th, 2016

NHatHannoverRepresentatives from the New Hampshire Division of Economic Development will join the largest US delegation ever to attend Hannover Messe, the world’s largest industrial trade fair, April 25-29.

For the first time in the trade show’s history, the United States is the featured country; President Obama joins German Chancellor Angela Merkel to open this year’s event. Hannover Messe typically hosts over 200,000 people from more than 70 countries, including global investors, buyers, distributors and government officials.

“Taking part in this premier trade show puts New Hampshire in front of the world and gives us a platform to talk to international companies about the benefits of investing or expanding in the Granite State,” said Jeffrey Rose, commissioner of the Department of Resources and Economic Development. “Direct foreign investment is a key driver of our state’s economy, with dozens of foreign companies located in New Hampshire, who are growing and thriving here.”

Lorentz

Director Carmen Lorentz

Tina

Tina Kasim, Office of International Commerce

Carmen Lorentz, director of the Division of Economic Development, and Tina Kasim, of the Office of International Commerce, will attend the trade show.

“We’re looking forward to meeting with global companies and talking to them about the state’s favorable business climate, educated workforce and possible partnerships in our key industry sectors, including aerospace and defense; advanced composites manufacturing and life sciences research and manufacturing,” Lorentz said.

The Division of Economic Development, part of the New Hampshire Department of Resources and Economic Development, is the one-stop resource for business information and assistance for companies within the state and those from outside looking to expand or relocate their business here. For more information, visit nheconomy.com.

Lorna Colquhoun
Communications Director
Division of Economic Development

 

NH Businesses Hit it off with Government Agencies, Prime Contractors at New England Region Matchmaker

April 18th, 2016

The New England Region Matchmaker was held last week in Portland, Maine and more than 40 New Hampshire businesses were represented, taking advantage of a rare opportunity.

Matchmakers are an intense day, when small businesses, who have the kind products and services Uncle Sam needs, can meet with representatives of federal and state agencies who are in charge of procuring them.

We caught up with just a few Granite Staters at the Matchmaker. For some, it was their first time at the event; others are seasoned veterans who value the chance to meet with decision makers, saving them a lot of time and effort in figuring out with whom to connect about their businesses.

The US government is the world’s largest buyer of goods and services and in 2014, New Hampshire manufacturers and service providers met its needs to the tune of $1.7 billion. But landing a government agency is a bit more complicated than regular business to business dealings, in large part because the process has to be fair and and transparent to make sure every one has a fair chance.

The New Hampshire Government Contracting Assistance Center can help you get started on the process, as our team has done for the people we caught up with last week. We’ll stand by for your call.

And next time, we’ll include your photo in the slideshow.

Lorna Colquhoun
Communications Director
Division of Economic Development

 

5 Questions with Sean Foote, NH Aerospace and Defense Conference 2016

April 8th, 2016

The first New Hampshire Aerospace and Defense Conference last year was a sell-out. It marked the first time some of the state’s 300 businesses involved in these fast growing industries had the opportunity to meet one another and see the impressive scale of aero/defense in the state. The 2nd annual conference is set for June 1 at the Radisson Hotel in Manchester and it really will be the must-attend event for companies within New Hampshire, as well as though around the Northeast. Sean Foote, supply chain manager at Transupport Inc., in Merrimack, is a board member on the conference committee and provides an overview of this year’s event.

SeanFoote

Sean Foote ~ NH Aerospace and Defense Conference 2016

1. Before we get into the details of the New Hampshire Aerospace and Defense 2016 Conference, can you give us a quick overview of the New Hampshire Aerospace and Defense Export Consortium?

The consortium was started through a grant in 2013 by the New Hampshire Office of International Commerce. Since then, it has grown to include members from the aerospace and defense industry, as well as service providers that complement these enterprises. Last year, NHADEC became a non-profit organization status and hosted its inaugural New Hampshire Aerospace and Defense conference. Earlier this year, it was recognized by the NH Business Review, earning a Best of Business Editors Award as a ‘state initiative that really took off.’

The biggest benefit of NHADEC is the partnerships it has with the New Hampshire Manufacturing Extension Partnership and the state’s Department of Resources and Economic Development and its Office of International Commerce. OIC, for example, educates NHADEC members on the benefits of export promotion grants and sponsored trade shows to help these companies expand into international markets and drive down the cost incurred if a company were to make this plunge on its own. NHADEC members also have the opportunity to receive training on various aspects of international business, from commercialization and branding to export control and ITAR regulations.

NHAD007

Last year’s NHAD conference was a sell-out. Reserve your space today.

2. Last year’s aero/defense conference was a tremendous success. What’s new for this year’s event?

The NHAD conference committee is excited about a few changes in this year’s event. Through feedback from last year’s conference, we extended it from a half-day event to a day-long networking and collaborative event.

The theme this year is Opportunities for Aerospace and Defense Products, Technologies, and Services in the International Marketplace and we have scheduled a variety of presentations and break out discussions to cover this important topic. For example, we plan on having a presentation covering foreign military sales to bring us up to date on the status on foreign countries procurement. Another highlight will be the break out discussions covering key growth in world markets, such as Colombia, the United Kingdom, Canada and Saudi Arabia.

With the extended hours this year, attendees will have more time to visit the exhibitors. Last year, we had nearly 250 people attend; we had to turn away another 100 people. The venue for this year’s conference is the Radisson Hotel in Manchester and expect to have an even better turn out than last year.

3. Tell us who should plan to attend the conference; is it open to aero/defense companies outside of New Hampshire?

Yes! The NHAD conference committee invites companies outside of the state to attend, which will give the event a more regional appeal. The companies that should be signing up to attend this conference are aerospace and defense enterprises that develop products, technologies and services for the industry. With the theme highlighting opportunities in the international marketplace, companies should sign up if they are looking to take-off into exporting, or looking for local manufacturers to deepen their international supply chain.

Service providers may also consider registering for the conference introduce themselves to a variety of businesses who all have different needs, such as legal advice, business insurance, website or marketing developer.

4. Why is there such a buzz about aero/defense in New Hampshire?

Since the beginning of aviation, New England has always been the hub for aerospace. Many of the major OEMs got their start not too far away, in Connecticut. Since then, companies have been bought out or merged and factory plants have been relocated, but the one constant is the vast number of SMEs that support the aviation industry that have stayed in the region.

In the past few years, New Hampshire has received a lot more buzz because it is one of the leading exporting states in the country for the aerospace and defense industry. People are starting to notice and it’s through the help of the state’s Department of Resources and Economic Development and organizations like NHADEC that the state is earning this recognition.

5. What are the details on deadlines, where to sign up and where to go for more information?

Registration is now open and it’s first come, first served. The deadline to register as an exhibitor is May 18 and May 31 for those who want to attend. For more information about being an exhibitor, or to register, go to the conference website.