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Posts Tagged ‘NH Ball Bearings’

Join a Trade Mission, Meet Your Local Manufacturer, Welcome New Businesses

Monday, March 4th, 2013

Red-eye trade missions. New businesses moving in to the Granite State. Advanced Manufacturing Week. Let’s jump right into what’s happening in New Hampshire’s economic development scene.

Trade missions are happening … two of them. We’re calling them ‘red-eye’ because they will be quick, focused and productive.

The first one, aimed at the health technologies sector, lands in Mexico City on April 23, in time for the Mexico Health IT Business Development Conference. You’ll attend that and have customized matchmaking appointments with Mexican business leaders before heading home on April 25.

The second one heads to Rome on June 24-25 and is specific to the aerospace, defense safety and security sectors. Those dates happen to be on the tail of the Paris International Air Show (and several New Hampshire companies are planning to attend), but you don’t need to be taking part in the air show to participate.

Interested in joining one of them? Contact Tina Kasim, program manager for the International Trade Resource Center.

Advanced manufacturing has been a buzz word as we talk about New Hampshire’s economy, which is not surprising, since we have a rich tradition in producing goods the country, and the world, needs.

Beginning next Monday and going through Friday, the Belknap Economic Development Council in Laconia is hosting the first Lakes Region Manufacturing Week. Among the highlights – the tours being offered by eight manufacturing facilities, including Titeflex Aerospace, Aavid Thermalloy, NH Ball Bearings, Scotia Technologies, Freudenberg and EFI.

“This will be a fun opportuntiy for people to get inside these high-tech companies and see what they do,” said Carmen Lorentz, the executive director of the BEDC. “Many people don’t have direct link to manufacturing today, so we wanted to given the community a chance to get to know these companies and see for themselves what great career opportunities they offer.”

What a great idea. Go check out your local manufacturers – they do good things.

The Welcome-to-New-Hampshire mat is rolled out this month to two companies — Vapotherm and P.A.T. Products.

Vapotherm, which makes innovative respiratory products and services, relocated from Stevensville, Md., to Exeter and plans to hire about 40 new employees this year. P.A.T Products is relocating its corporate headquarters from Bangor, Maine to the Pease International Tradeport in Portsmouth.

Lorna Colquhoun
Communications Director
NH Division of Economic Development

Five Companies Receive Job Training Grants This Month

Wednesday, August 25th, 2010

Gov. John Lynch today announced that five more New Hampshire companies have received Job Training grants in the month of August. 

nh-job-training-fundJob Training grants are aimed at keeping good jobs in New Hampshire by helping companies train their workers with new skills to compete in a changing economy. Gov. Lynch made it a priority to reinstate the Job Training Fund, which distributes up to $1 million annually in matching grants to allow companies to train new workers or retrain longtime employees.

Since the Job Training Fund was reinstated in late 2007 ago, nearly 7,500 workers from across New Hampshire have received training and enhanced skills through the matching grant program.

“New Hampshire is leading the region in economic activity, it is important that we continue to invest in New Hampshire workers and New Hampshire companies if we are to continue leading the way,” Gov. Lynch said. “Job training grants are helping our companies compete and grow, and meet the demands of a changing marketplace.”

The August 2010 recipients of the Job Training grants are: NH Ball Bearings in Laconia; Kheops International of Colebrook; Southeastern Container, Hudson; Airmar Technology Corp. in Milford; and Families in Transition in Manchester.

“The connection between business growth and an investment in professional development is undeniable,” said Department of Resources & Economic Development Commissioner George Bald. “I commend these exemplary companies for making a commitment to improving the skills of their workers and for adding to the economic vitality of the state.”

Since the Job Training Fund was re-established, companies from across New Hampshire have received state grants totaling more than $2.6 million. Companies receiving grants have contributed nearly $5 million, bringing the total amount invested in new training for workers to nearly $7.5 million.

For more information about the Job Training Fund, go to www.nhjobtrainingfund.org.