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Posts Tagged ‘Jack Donovan’

400 New Advanced Manufacturing Jobs to Be Created in Rochester, NH

Thursday, December 15th, 2011

Safran GroupCONCORD – Gov. John Lynch and the Executive Council on Wednesday approved a $4 million Business Finance Authority loan to complete a major economic development agreement between the State, Safran USA, and the City of Rochester.

The agreement will enable the construction of a previously announced 275,000 square-foot facility, in which Safran USA and Albany Engineered Composites (AEC) will be co-located. The facility will employ approximately 400 workers. The State, through the Department of Resources and Economic Development, worked with Albany, Safran USA and the City of Rochester to ensure an agreement could be reached.

“We have been working closely with Safran USA and Albany to see the project through to completion. Today’s news is a major economic development win for Rochester and the entire state of New Hampshire, and will result in the creation of hundreds of jobs,” Gov. Lynch said.

As part of the effort to recruit the new facility, the state has also partnered with Great Bay Community College to create a new composite manufacturing curriculum to train workers to fill the new jobs.

“Safran USA and Albany could have located their new facilities anywhere in the country, but they chose New Hampshire because they recognize that we have a strong workforce and a winning economic strategy. We worked intensely with the companies over the past several years to make the construction of this new plant, and the hundreds of jobs that come with it, a reality,” Gov. Lynch said.

“I want to thank (DRED) Commissioner George Bald and his staff, particularly state business recruiter Cindy Harrington, as well as New Hampshire’s Business Finance Authority, under the leadership for Jack Donovan, for getting us to where we are today.  I also want to thank Mayor T.J. Jean and Rochester city officials for their work and commitment to this project,” Gov. Lynch said.

“Finally, I want to thank Albany International’s President and CEO Joseph Morone and Safran USA leadership for their commitment to New Hampshire and for working cooperatively to move this critical project forward.”

“This agreement, and the manufacturing plant and new jobs that will result from it, is a reflection of not only the strength of the relationship between the State of New Hampshire, the City of Rochester, Albany International and Safran USA, but also of how tightly our futures are connected. The efforts of Governor John Lynch and his team in this process cannot be overstated, and the new plant and new jobs that will be created are the direct result of his efforts on behalf of State of New Hampshire,” said Albany President and CEO Joseph Morone.

The new facility will manufacture composite engine components.

“We are very pleased to launch the construction of a manufacturing plant in Rochester, where the Safran group and AEC will combine their resources in order to produce advanced composite parts for the LEAP aircraft engines developed by CFM International, a 50/50 joint company between Safran and GE,” said Peter Lengyel, President and CEO of Safran USA, Washington D.C. Operations.

Albany Engineered Composites is a subsidiary of Albany International, Corp., which employs about 225 workers at its existing Rochester facility. Last year, the company relocated its corporate headquarters from New York to Rochester.

“The City of Rochester is honored to be selected by Safran USA and Albany Engineered Composites to host their new world-class advanced manufacturing facility. This investment demonstrates Rochester’s commitment to attracting and securing sustainable industrial development and providing valuable jobs to our local economy,” said Rochester Mayor T.J. Jean. “Today’s announcement is a milestone for Rochester as we emerge from these difficult economic times.”

“This is a great day for Rochester and for the state of New Hampshire as a whole,” said Commissioner George Bald. “We thank Safran USA for making the decision to locate their facility in New Hampshire and commend the City of Rochester for its hard work in bringing in a quality company that will create new jobs and add to the economic vitality of our state.”

Construction of the new plant, near the existing Albany facility, will begin in the spring of 2012.


Shelburne Plastics Relocates to Londonderry

Thursday, December 1st, 2011

Shelburne Plastics has relocated its New Hampshire manufacturing operations from Manchester to Londonderry where it expanded its operation to 35,000 square feet at 27 Industrial Drive.

New Hampshire Division of Economic Development Business Development Manager Michael Bergeron assisted Shelburne in evaluating the benefits of staying and growing in New Hampshire and connected them with NH Business Finance Authority (BFA) Director Jack Donovan. The BFA provided a $750,000 energy efficiency loan for the purchase of new capital equipment.

Shelburne Plastics has been in business over twenty-five years and supplies high quality HDPE and Polypropylene bottles and containers to the dairy, water, juice, chemical and food markets throughout the Eastern United States and Eastern Canada.

Shelburne Plastics has its corporate office in South Burlington, Vermont and has manufacturing sites in South Burlington, Londonderry, New Hampshire and Jessup, Maryland. 

“Michael Bergeron and Jack Donovan provided excellent service to me in this important decision to expand in New Hampshire,” said Shelburne Plastics President and CEO Eugene Torvend. “With a loan from the NH Business Finance Authority, we were able to move two production lines from our Maryland facility to New Hampshire, purchase new equipment and retain 25 jobs.”

Shelburne supplies high quality HDPE and Polypropylene bottles and containers to the dairy, water, juice, chemical and food markets throughout the Eastern United States and Eastern Canada. 

Shelburne plans an open house for the first quarter of 2012.  For further information on the company, visit www.shelburneplastics.com.

Free Business Recruitment Session to be Held

Wednesday, May 26th, 2010

Business incentives, job training and financing will be the main focus of a free State of New Hampshire presentation to be held for companies in southern Cheshire County on Tuesday, June 1st at 5:30 p.m. at the Winchester Town Hall.

Senator Molly Kelly

Senator Molly Kelly

Organized by the New Hampshire Division of Economic Development (DRED) and hosted by Senator Molly Kelly (D-Keene), this session will discuss how towns can recruit new companies to the area and will also provide an overview of free government incentives for in-state businesses. Guest speakers will include New Hampshire Division of Economic Development Business Development Manager Michael Bergeron and Business Recruiter Cindy Harrington as well as New Hampshire Business Finance Authority Director Jack Donovan and MicroCredit-NH Regional Manager Peggy O’Keefe.

“This is a great opportunity for local business owners and prospering entrepreneurs to learn what’s available in terms of resources and programs,” said Senator Kelly. “Economic development is of vital importance to community vitality and this presentation will provide participants with an excellent forum to discuss new ideas and growth strategies.”

There are various State incentives available to the business community including energy audits, ERZ tax credits, opportunities to sell products and services to the federal government and research and development tax credits.

“Having knowledge of these opportunities can help a company to grow rapidly and maximize profits,” said New Hampshire Division of Economic Development Interim Director Roy Duddy. “Getting educated makes perfect business sense.”

Public Service of New Hampshire is sponsoring free light refreshments at the session. To pre-register and learn more, contact Michael Bergeron at (603) 271-2591 or mbergeron@dred.state.nh.us.