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Catching Up with the New Hampshire High Tech Council and its Upcoming Initiatives

June 26th, 2018

NH Business Matters airs at 2:05 pm every third Wednesday of the month on WTPL-FM 107.7 FM

On our monthly New Hampshire Business Matters segment on WTPL-FM 107.7, we checked in with the New Hampshire High Technology Council to catch up on some of its exciting initiatives positive changes.

Technology is one of New Hampshire’s key industries and it’s vibrant and growing. Tune in for a listen about this exciting news.

Prudential Cleanroom Services Expands to Nashua, Celebrates Opening the Largest Cleanroom Laundry in the US

June 25th, 2018

POS is the leader in cleanroom laundry services, which is important to industries such as aerospace and life sciences that need 21st century cleanliness in their processes.

Prudential Cleanroom Services, a world leader in cleanroom laundry service systems, celebrated the opening of its Nashua cleanroom laundry processing facility, an event bringing together state and local dignitaries, as well as the employees.

NH Economic Development Director Will Arvelo

“We are very pleased to welcome Prudential Cleanroom Services to Nashua,” said Will Arvelo, director of the Division of Economic Development. “The capabilities it provides are vital to the many companies whose advanced manufacturing processes require high tech industrial laundry services. We look forward to watching them grow and prosper in New Hampshire.”

PCS is a division of California-based Prudential Overall Supply. When the company went looking for a loction to expand, Nashua quickly became an obvious choice because of its location and infrastructure. Cynthia Harrington, business development manager at DED, assisted the company with its expansion.

The company is building a 131,371-square-foot commercial laundry facility at 45 Simon St., on a 14-acre tract. Prudential completed the first of three phases; building a one-story 70,000 square foot facility, which includes offices, industrial space, employee areas and loading docks with 136 parking spaces on site for staff.

The next phase will be followed by a 45,000-square-foot section and, the last phase will be a 16,280-square-foot addition.

“This facility now provides over 85 well-paying jobs for the greater Nashua community, and provides our customers with world class cleanroom laundry services throughout the Northeast,” said Stefan Schurter, Prudential’s senior vice president commented at the ceremony,

Commissioner Caswell’s Statement on South Dakota v. Wayfair U.S. Supreme Court Decision

June 21st, 2018

Commissioner Taylor Caswell’s statement on the South Dakota v. Wayfair decision handed down by the U.S. Supreme Court.

“The Wayfair decision handed down today by the United States Supreme Court tells New Hampshire businesses that they now must collect taxes for politicians in other states that they did not elect. This is unacceptable.

“New Hampshire businesses have never, ever, collected a sales tax and New Hampshire residents have never, ever, paid an income tax.  Imposing this new requirement on us isn’t just an administrative burden, it goes against what New Hampshire stands for:  Live Free or Die.

“The thousands of small businesses that drive our economy must not be forced to become tax collectors for other states. I am working with state leaders to determine a path forward aimed at defending New Hampshire’s business community from this modern-day taxation without representation scheme.”

Taylor Caswell
Commissioner
NH Department of Business and Economic Affairs

A New Approach to Economic Development in New Hampshire

June 20th, 2018

Commissioner Taylor Caswell 

Last year, Governor Sununu proposed the division of the Department of Resources and Economic Development, creating the Department of Business and Economic Affairs. Since its approval by the Legislature, this new agency has been a catalyst for increasing opportunities for New Hampshire to modernize and vastly improve the focus and practice of how we do economic development.

This couldn’t have happened at a better time. The practice of economic development has changed drastically over the past decade.  States and cities are moving away from the longstanding focus on government-run business recruitment and standard worker ‘unemployment training’ programs that gave little thought to what might come next for those workers.

What does this mean for New Hampshire?

It means we can hone in on the needs of our businesses here first, and leverage our business community with our state’s regional strengths to develop a compelling case for new businesses to come here.

It means we build new, more innovative strategies to recruit talent to our state.

It means connecting education and training directly to employers and jobs.

It means a new, more aggressive entry into the global marketplace to find opportunity for our small businesses seeking new markets.

It means refreshed, meaningful relationships with our state’s incredible network of public and private academic institutions, linking them with state policymakers and business leaders statewide.

It means working to update and increase the predictability of the state’s regulatory environment and use our small and agile government as a true advantage.

It means constructing new partnerships and collaborations across a broad universe of stakeholders to focus on building communities where people want to live and work and telling that story effectively and to as many people outside the state as we can.

New Hampshire’s economy is growing fast. Companies are expanding or moving here, and people are working.  In fact, in 2017, New Hampshire’s economy was the second fastest growing economy in the nation and our unemployment rate remains low.

My goal is to build this new system and create an economy that is resilient, vibrant, collaborative, intentional, and protects what we love best about New Hampshire.

The new Department of Business and Economic Affairs has the tools it needs to get there. We have the widely-respected Division of Travel & Tourism Development, which has a marketing team that is among the best in the nation and stokes the engine of New Hampshire’s crucial hospitality economy.  In 2017, its work helped generate 2.23 million visitor trips to New Hampshire, which yielded $5.5 billion in spending, maintaining 48,000 jobs, and generating $269 million in tax revenue for the state.

Our Division of Economic Development helps businesses connect to, and fund, job training; works with existing and new business leaders to finance and expand their economic footprint; guides companies seeking to access global markets or win government contracts, and helps drive our entrepreneurial economy.  Its work has direct impact on the profitability of our state’s employers and creates value for the state and residents.

The combined teams are creating new stakeholder collaborations, integrating marketing efforts and strategies, and working hard to establish New Hampshire as a leader in holistic, collaborative state economic development.

I look forward to working with you.

Taylor Caswell
Commissioner
New Hampshire Department of Business and Economic Affairs

NH Recruits for High-Growth Biotech Talent at International Conference

June 7th, 2018

1: The state of New Hampshire’s booth at  the BIO International this week in Boston. 2: Shawn Cain, right, COO of LSNE Contract Manufacturing and BEA Commissioner Taylor Caswell. 3: Caswell and President/CEO Thomas Taylor, right, of Foxx Life Sciences. 4: Caswell and David Alward, right, Canada’s Consul General to New England. 5: The NH pavilion team: Business and Economic Affairs; the University of New Hampshire; the Advanced Regenerative Manufacturing Institute; the Community College System of New Hampshire; Dartmouth College and the New Hampshire High Tech Council.

New Hampshire showcased its fast-growing biotech/medtech industry, its academic partners, and its quality of life at the annual BIO International Convention in Boston, Mass. this week. Now in its 25th year, the event draws over 17,000 people and 1,800 exhibitors from all over the world.

The Department of Business and Economic Affairs partnered with the University of New Hampshire; the Advanced Regenerative Manufacturing Institute; the Community College System of New Hampshire; Dartmouth College and the New Hampshire High Technology Council to present a collaborative and interactive experience for biotech companies, biotech talent, executives, startups, and other stakeholders for the three-day conference.


“This is a prestigious and respected trade show that’s been around for 25 years and it was time that New Hampshire got in front of an international audience to talk about what we have going on here,” said Taylor Caswell, commissioner of the Department of Business and Economic Affairs. “We have trailblazing companies that are changing healthcare around the world.”


Caswell visited with several New Hampshire companies taking part in the show, including Foxx Life Sciences of Salem, Lonza Biologics of Portsmouth, and LSNE Contract Manufacturing of Bedford.

“Each of these companies has a major footprint in New Hampshire and they are continuing to grow,” he said. “They are finding the talent they need here and a business climate conducive to growth, but we want to do everything we can to continue to support their goals and provide quality jobs for New Hampshire.”

Caswell also met with David Alward, Canada’s Consul General to New England for a wide ranging discussion about life sciences, trade and tariffs.

“We share a $5 billion border with Canada,” Caswell said, “and for many of our businesses, small or large, the relationship with Canada is critical. We need to do what we can to protect that.”

Throughout the three-day conference, New Hampshire’s team promoted the state’s exceptional business climate and lifestyle assets; from education pathways and life science startups to how to match up its outstanding academic institutions, their research, and their graduating workforces with companies across the state.

“New Hampshire is poised to be at the forefront of innovation and healthcare and the leaders of pharma and biotech from around the world got to see that the BIO International Convention,” Caswell said.

Regenerative Manufacturing in Manchester Ready to Change the World

June 4th, 2018

Business and Economic Affairs Commissioner Taylor Caswell

When Governor Sununu signed SB 564 into law last week, he set New Hampshire on course to becoming the global hub for regenerative manufacturing.

The science behind creating new tissue and organs, and manufacturing them commercially, may sound like something from the 22nd century, but that technology is already happening at the Advanced Regenerative Manufacturing Institute in the Manchester Millyard.

The potential impact on New Hampshire economy, the healthcare industry, and people’s lives across the planet is nothing short of colossal.

Scientists, visionaries and legislators came together in Manchester this week for the signing of this bill because it is that important to our 21st century economy. This new law exempts for 10 years qualified companies locating their regenerative manufacturing business in New Hampshire from state corporate taxes. It also establishes a $5 million student loan forgiveness program for those people who come here to work in and grow this amazing industry. After five years, the state will pay for their student loans.


These are significant new tools that truly illustrate that New Hampshire is open for business. This legislation will help us recruit to our state, and retain, both businesses and the skilled workforce they need to grow and further evolve this science.


I can’t think of a more appropriate place for regenerative manufacturing to start changing the world than Manchester’s Millyard. A century ago, these very same buildings housed the largest and most technologically advanced textile mills on the planet. And now, here in 2018, these mills are on the precipice of once again being a globally critical manufacturing hub.

We’ve been here before. We can do it again.

Taylor Caswell
Commissioner
NH Business and Economic Affairs

Sununu Signs Groundbreaking Regenerative Manufacturing Law; New Hampshire Poised to Become Biofabrication Hub

June 1st, 2018

Governor Chris Sununu this week signed SB 564 into law, a groundbreaking step in the state’s leadership in regenerative medicine. It provides an unprecedented 10-year tax exemption from both the state business profits tax, as well as the business enterprise tax, to for-profit companies that have at least 75 percent of their taxable activity in the Advanced Regenerative Manufacturing Institute (ARMI) project in Manchester.

The bill also includes a $5 million student loan repayment program for workers who devote at least five years to the project, which has been spearheaded by inventor Dean Kamen. Kamen’s vision attracted an $80 million grant from the U.S. Department of Defense to create the international hub of regenerative manufacturing, whose mission it is to make practical the large-scale manufacturing of engineered tissues and tissue-related technologies, to benefit existing industries and grow new ones.

In addition to Kamen, Sununu was joined by Taylor Caswell, commissioner of Business and Economic Affairs, as well Michael Golway, CEO of Advanced Solutions Life Sciences, and Martine Rothblatt, CEO of Lung BioTechnology, the leaders of two companies first to benefit from this legislation.

 


Martine Rothblatt ~ CEO, Lung BioTechnology

It is difficult to find the top talent we need. When Dean (Kamen) told me about the possibility that our graduates from the top schools throughout the country would have, after committing five years working here, their student loans paid for, “I said, ‘Dean, this would be something which is better than anyone else in the country has.’”

Our HR people said this is the silver bullet for getting the people you want to have here.

We have already moved our organ manufacturing group from Kendall Square, the hotspot if they are just graduating from MIT or Harvard. We will move them here because I believed that you would get this bill passed.  

Because of this, I guarantee there is nothing better you can do than to create opportunity, get out of the way and let the organ manufacturers bring the talented individuals here and take the ball all the way.


 

“This legislation lays the groundwork to advance New Hampshire’s role in developing the ARMI network and the larger biotech community in our state,” Sununu said.  “Veterans, children and people all over the world have the potential to benefit from this research, being done right here in southern New Hampshire.”

 


Michael Golway, CEO, Advanced Solutions Life Sciences

I’m an 18-year entrepreneur; I’ve done 10 acquisitions and six startups. I share this with you because we’ve had quite a bit of experience buying companies and starting companies around the country and I have never seen the speed with which this legislation was conceptualized and implemented. I applaud everyone who had a role.

From an entrepreneur’s standpoint, there’s an incredible vision with ARMI and what this could look like in the next several years. At its core value, if you think about what it could mean for this area; if you truly become the Silicon Valley for biofabrication, it is a course direction that will impact this area and region for many, many years to come.

This is a big deal; this is a material calculus of how we look at a strategy for this business, anytime you can get relief or mitigate the risks, that’s a good thing and this bill in particular does just that.

 


“By supporting the critical work being done by ARMI, New Hampshire’s biotech sector will continue to flourish, attracting innovative companies and employees to the Granite State,” Caswell said.  “The student loan repayment program will competitively position the state as we continue to recruit and grow our workforce.”

Multinational Company Selects Portsmouth for its US Headquarters

May 17th, 2018

Today, Governor Chris Sununu and Commissioner Taylor Caswell announced that Revision Military, a multinational company with locations across the globe is choosing Portsmouth as its United States Headquarters.

Revision Military, a world leader in military and tactical solutions and protective equipment, will open its new offices at Pease International Tradeport. The New Hampshire location will become Revision’s US Headquarters and Center of Excellence, steering product research, as well as the development and manufacturing of the company’s most advanced products.

“Revision Military was the first company I met with after being elected governor, and today’s announcement is a testament to our pro-growth, pro-jobs agenda,” Sununu said. “As an acclaimed international company, their expansion into the Granite State – which will serve as their US Headquarters – proves that New Hampshire is open for business once again. Revision designs and manufactures state of the art military hardware that keeps our troops safe, and we are proud they will call New Hampshire home.”


By expanding to New Hampshire, Revision will improve access to its military customer base in the Greater Boston area, as well as along the Eastern Seaboard, and will be better positioned to work collaboratively with local academic institutions, such as the University of New Hampshire, and a significant number of locally based partners and suppliers.


“New Hampshire’s business climate and hyper-focus on economic development is paying dividends every day,” said Commissioner Taylor Caswell. “Precision manufacturers like Revision are expanding and coming here for our quality workforce, low taxes, and business-friendly approach.  These things don’t happen by accident.”

“Revision’s expansion to New Hampshire deepens the company’s already-well-founded commitment to US based operations and manufacturing,” said Jonathan Blanshay, CEO, Revision Military. “Moreover, this future location represents a bold but necessary next step forward for the company—indicative of both Revision’s ever-widening vision for innovation in soldier systems and tactical solutions.  It is also essential in order to effectively house the full breadth of the company’s growing capabilities.  We are very excited to initiate this new chapter for the company and we have started to put together a world-class team. Revision has evolved significantly over the last 17 years and this upcoming investment in a prime location makes our intentions clear: We expect to accelerate our growth and capabilities for the foreseeable future, and in the coming months and years we will be looking to hire dozens of the very best engineers, technicians, manufacturing experts and program managers available in the area in order to further develop our vision and service our customers.”

Revision has already hired the first group of New Hampshire management-level employees. Together they will spearhead the development of new facilities, new capabilities and implement near-term strategy based on Revision’s current slate of projects, contracts, and in-progress bids. This founding group of New Hampshire-based employees includes Chief Technology Officer Chris Palmer, who will oversee the team and report directly to Blanshay.

The announcement of the expansion in New Hampshire comes just over two years after Revision last opened a new facility in Bristol, UK. This new venture also builds on considerable recent investments made by the company to upgrade its facilities in the U.S. and Canada, particularly the relocation and upgrading of the Montreal hub for industrial design and R&D to a modern, centrally-located office, as well as an aggressive expansion project in Newport, Vt.—the company’s main armor and helmet manufacturing facility—completed last year.

Across seven facilities, Revision has established state-of-the-art, vertically integrated operations—from industry-leading sales and customer service, to world-class branding and marketing, to forward-thinking business and product development, and beyond. Revision has built a substantial international reputation on the strength of cutting-edge high-volume manufacturing, advanced R&D, and testing laboratories. The Company is ISO 9001-2008 certified and employs over 400 people. With this new location, Revision joins, and will contribute to, a vibrant New Hampshire economy with the high-skilled workforce the company needs to continue to deliver best-in-class soldier system technology.

About Revision 

Revision develops and delivers purpose-built protective soldier equipment for military use worldwide. The company, which began with eyewear, has expanded to face, head and torso protection as well as energy storage and power management products, continues to develop innovative capabilities for integrated, performance-enhancing soldier systems. To that end, Revision brings together the most advanced expertise, state-of-the-art facilities and finest technical minds. Privately owned and ISO 9001:2008 certified, Revision’s operational headquarters is located in Essex Junction, Vermont, USA, with additional offices in Montreal, Canada, The UK, and Luxembourg.

Life Science in New Hampshire: Vast and Varied Landscape Attracting Companies, Researchers, Innovation

May 17th, 2018

Ken Cail, Cindy Conde; Lorna Colquhoun — NH Business Matters

New Hampshire’s life science sector, which incorporates everything from medical device manufacturing to pharmaceutical development, is growing and from June 4 – 7, it will showcased at the 2018 BIO International convention in Boston.


In New Hampshire, there are over 200 companies that represent this life sciences landscape. Some of them are subsidiaries of global companies; others are based and founded here … it’s thriving and it’s vast.

Cindy Conde
Chairman, BIOTech|MEDTech committee
NH High Technology Council


Joining the Division of Economic Development in the New Hampshire pavilion will be: ARMI|BioFabUSA; Community College System of New Hampshire; Dartmouth College; NH High Tech Council, and the University of New Hampshire.

This month’s guest on New Hampshire Business Matters on WTPL-FM is Cindy Conde, chairman of the NH High Tech Council’s BioTech|MedTech committee, who talks about this vibrant sector and what New Hampshire offers growing companies within the industry.

Tune in here.

 

Shifting Defense Landscape, Business-To-Business Matchmaking Highlight Annual NHADEC Networking Event on May 17

May 9th, 2018

The scheduling portal for the first ever B2B meetings is open until May 10. Register for login credentials; request appointments and check to see who has requested an appointment with you. There are 20 minute time slots for appointments beginning at 6:30pm, ending at 7:50pm; a potential for four meetings. You can block any time slots or leave them open for meeting requests. Make sure to confirm meetings that have been requested of you and keep checking back as new attendees register.

A global defense industry and technology innovation expert headlines the 4th annual networking event hosted by the New Hampshire Aerospace and Defense Export Consortium, from 5:30 – 8 pm, May 17 at the Manchester Country Club.

Tate Nurkin, founder of OTH Intelligence Group LLC, is frequently cited on defense-related topics and has provided testimony to the U.S. – China Economic and Security Review Commission about the implications of China’s military reforms and modernization. His keynote address examines the shifting defense industrial landscape and the future of defense innovation.

The event will also feature trade representatives from Canada, Saudi Arabia and other resource organizations, as well as a first-ever business-to-business matchmaking component.


 

Find out how NHADEC gave a big boost to one New Hampshire company. Tune in here to learn the benefits of being a member.

 


Founded in 2013 by the New Hampshire Office of International Commerce, the consortium is expanding its membership beyond the state and now includes members from Maine, Massachusetts, New York, and as far away as Utah. It has also forged relationships with AeroMontreal and the Farnborough Aerospace Consortium, fostering partnerships and opportunities in markets around the world for its members.

The event is open to anyone with an interest in the state’s aerospace and defense sector, but registration is required at www.NHADEC.com.

For more information, contact Dawn Wivell at 603-836-4207.