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FairPoint Communications Announces New Economic Development Tool

Monday, November 8th, 2010

FairPoint Communications today announced it is introducing a powerful economic development modeling tool to assist economic development and planning professionals in forecasting regional growth. The announcement was made today at a press conference held at the State of New Hampshire Legislative Office Building in Concord.  Joining FairPoint Communications State President Teresa Rosenberger were Commissioners George Bald of the New Hampshire Department of Resources and Economic Development, Tara Reardon, Department of Employment Security, George Copadis, Department of Labor and Liz Gray, Governor Lynch’s Special Assistant for Policy.

Fairpoint Communications State President Teresa Rosenberger

Fairpoint Communications State President Teresa Rosenberger

The Connect NNE Economic Scenario Model™ is a FairPoint-sponsored Microsoft Office Excel-based software tool created to provide information on existing economic conditions and estimate potential impacts of new development and job creation scenarios in New Hampshire and across northern New England.  The model allows users to estimate impact on jobs, earnings, output and gross domestic product (GDP) resulting from changing a region’s economic focus.

“In the past two years, we have heard from economic development leaders that they are looking for tools to help them understand influences on the local economies,” said Teresa Rosenberger, state president for FairPoint in New Hampshire.  “This software tool will provide local communities with quantitative data to support economic development initiatives that will help the communities grow and prosper and, in turn, provide a benefit to all.”

NH Department of Resources & Economic Development Commissioner George Bald

NH Department of Resources & Economic Development Commissioner George Bald

“This model will provide economic development professionals across the state with a much needed tool that will allow us to benchmark the region’s current economic status and forecast the impact of future economic and community development strategies,” said George Bald, commissioner, New Hampshire Department of Resources and Economic Development speaking on behalf of Commissioners Copadis and Reardon as well. “With New Hampshire-specific data, we can compare public infrastructure projects competing for limited available funds as well as calculate the economic impact of a capital investment proposal.”
 
The model was launched in Maine and has been used by  economic development professionals there to show the impact that a soon-to be-abandoned rail spur in Aroostook County would have on jobs and gross domestic product, gaining the attention of Maine’s legislature and providing data to support a bond initiative.  Supporters of a charter school in northern Maine used the model to calculate the economic benefit to the area in earnings and jobs, adding quantitative data to the discussion that resulted in the school staying open at its existing location.  Output from the model has also been part of discussions on the impact of various plant closures, helping benchmark equivalent job replacement strategies.  Annual updates ensure that the model is using the most up-to-date data and that its functionality continues to be improved.

FairPoint is offering hands-on training sessions led by its economic development arm, Connect NNE, at six sites across New Hampshire.

November 8th (2:30-5:00 pm)
Greater Nashua Chamber of Commerce, 151 Main Street, Nashua, N.H.

November 9th (9:00-11:30 am)
Grappone Conference Center, 70 Constitution Avenue, Concord, N.H.

November 9th (2:00-4:30 pm)
Greater Manchester Chamber of Commerce, 54 Hanover Street, Manchester, N.H.

November 10th (2:30-5:00 pm)
Granite State College, 53 Technology Lane, Suite 150, Conway, N.H.

November 12th (9:00-11:30 am)
Great Bay Community College, 320 Corporate Drive, Portsmouth, N.H.

December 7th (9:00 – 11:30 am)
Courtyard by Marriott, Downtown Keene, 74 Railroad Street, Keene, N.H.

Economic development professionals interested in attending one of these sessions are asked to contact jill.wurm@fairpoint.com.

NHBR Celebrates Business Excellence

Thursday, October 8th, 2009

Fourteen businesspeople in 13 different industries and two Business Excellence Hall of Fame inductees were honored Wednesday night at the seventh annual NHBR Business Excellence Awards.

BEAlogonotoutlinedSome 300 people attended the event, which was held at The Event Center at C.R. Sparks in Bedford. The awards are given to owners and operators of businesses or organizations with 100 employees or fewer. The winners were chosen by a panel of judges who reviewed more than 70 nominations.

Because of the extraordinary number of accomplished candidates, NHBR also named finalists in several categories. Emcee was Charlie Sherman, host of WGIR-AM’s morning news talk program.

The recipients of the 2009 NHBR Business Excellence Awards were:

• Steven Ryder, True North Networks — Excellence in Business Services/ Finalist — Edward B. Hopkins, Urban Tree Service/A Tree Health Company Inc.
• William Jordan, Jordan Signature Heating — Excellence in Construction. Finalist — Jerry Kingwell, Cobb Hill Construction Inc.
• Joe Reilly, Centrix Bank — Excellence in Financial Services
• Charles Fanaras, The Prescription Center — Excellence in Health Care. Finalists — Adele & Frank Belfsky, Living at Home Senior Care
• Tom Boucher and Mark Fenske, Great NH Restaurants — Excellence in Hospitality. Finalist — Carol Sheehan, The Red Arrow 24 Hr. Diner Franchising Inc.
• Tammy Boucher, Boucher Public Relations — Excellence in Media & Marketing. Finalist — Laurie Ferguson, New Hampshire Made
• Clyde Terry, Granite State Independent Living — Excellence in Non-Profits. Finalist — Peter Kelleher, Partnership for Successful Living
• Greg Bryant, Bedford Cost Segregation LLC — Excellence in Professional Services
• Karol LaCroix, Granite State College — Excellence in Public Service
• Stephen Duprey, Duprey Companies — Excellence in Real Estate
• Donna Buxton, Buxton Oil and Buxton Water — Excellence in Retail
• Peter Antoinette, Nanocomp Technologies — Excellence in Technology. Finalist — Wayne Croswell, ASA Tire Systems
• Mark Lore, Ride-Away Handicap Equipment Corp. — Excellence in Transportation

Inducted into NHBR’s Business Excellence Hall of Fame were Jack Middleton and the Dunfey Family.

Middleton is a partner of the regional law firm of McLane, Graf, Raulerson & Middleton. With 50 years experience as a trial lawyer and 24 years of service as a New Hampshire District Court judge, he also spends countless hours volunteering and serving on the boards of such organizations as Franklin Pierce Law Center, The Nature Conservancy, The Mount Washington Observatory and the New Hampshire Charitable Foundation, among many others.

The Dunfey Family built the hotel chain that today is Omni Hotels, one of the country’s largest hotel franchises with over 15,000 rooms and 13,000 employees.

Sponsors of the event were FairPoint Communications, Laconia Savings Bank, Harvard Pilgrim Health Care of New England, Public Service of New Hampshire, Corks Wine Bar at the Bedford Village Inn, Merrimack Street Volvo, WGIR-AM, New Hampshire Public Television and The Event Center at C.R. Sparks.

A portion of the evening’s proceeds were donated to Court Appointed Special Advocates, or CASA, an organization that advocates in New Hampshire’s courts and welfare systems for the best interests of abused and neglected children, so they can grow up in safe, permanent homes. — CINDY KIBBE/NEW HAMPSHIRE BUSINESS REVIEW