NH Division of Economic Development
YouTube Facebook Twitter Twitter
Why New Hampshire Move Start Grow About Us

Archive for April, 2019

Madeira USA Celebrates Expansion in New Hampshire’s Lakes Region

Thursday, April 18th, 2019

An international company with its US headquarters located in New Hampshire celebrated its new 7,600-square-foot manufacturing facility yesterday (4/17).

Madeira USA celebrates its expansion in New Hampshire’s Lakes Region.

German-based Madeira, an embroidery thread manufacturing company marking its 100th anniversary this year, is bringing winding operations to Laconia, the headquarters of Medeira USA for 35 years.

“As we have grown over the past three and a half decades, so have the industry and our customers,” said Shirley Clark, president of Madeira USA. “The need to deliver thread quickly and expediently is necessary to help the large contract embroidery companies maintain their constant workflow. Our ability to provide them with our hottest commodity – black and white 100 percent polyester embroidery thread – will keep production purring and improve our ability to support our high volume customers.”

Will Arvelo, director of the New Hampshire Division of Economic Development, said New Hampshire is a strategic location for Madeira USA to be responsive to its key domestic and global markets. He added that the company is “literally, and figuratively, a strong thread in the fabric of the Lakes Region business community.”

The new facility, according to manufacturing operations manager Roy Wirth, houses a 20-head winding machine, a shrink wrapper and laser writer.

“I suspect that our ability to turn out thousands of black and white, 5,500-yard thread cones will have a very positive affect on those customers who have come to expect quick and quality service from Madeira USA,” he said.

Export Training Event Covers Compliance Controls

Friday, April 5th, 2019

Program drawing 100 from all over to Portsmouth later this month

It sold out in 2017 and it’s on its way to selling out this week – the Bureau of Industry and Security’s U.S. Export Controls Training Seminars coming to Portsmouth April 23-24 for the only Northeast training this spring.

When it was last held two years ago, people from as far away as Washington attended. This year, the two-day event covers Complying with U.S. Export Controls.

New Hampshire has had two record-setting years for exports, as Granite State businesses look overseas to new markets. Glenn Welch, president of Welch Manufacturing Technologies in Laconia, took part in the 2017 training, which, he said, helped him in continuing to find new international customers for his product, Biteharder.

Glenn Welch, Welch Technologies, Laconia

“This seminar provided me with a wealth of knowledge regarding the importance of complying with U.S. export controls including licensing requirements, regulatory requirements, and all other export administration regulations,” he said. “The presenters were dynamic, entertaining and brought a high level of energy to this hands on learning experience. The information I was exposed to, and the contacts I made, have become invaluable with regards to our companies export compliance program.”

If you make a product here in New Hampshire that you sell to customers around the country, it is more than likely there is untapped potential in markets overseas. Exporting is a great way to diversify (and increase!) your bottom line and, as Welch notes, worth learning all you can about the process.

For more information about the training services and programs the Office of International Commerce offers throughout the year, visit this link.