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Archive for August, 2014

Lights! Camera! Action! Curtain Rises on Video Contest

Thursday, August 28th, 2014

The back-to-school bells are ringing across New Hampshire this week and students are getting back to the business of learning.

PrintCoinciding with the start of another academic year, Gov. Hassan and Commissioner Rose have launched the What’s So Cool About Manufacturing? video contest. Aimed at 8th graders, the contest will pair students with a local manufacturer with a goal of introducing them to the prospects in advanced manufacturing that await them when they graduate in just a few years.

Through their lens, they will have fun exploring the manufacturing process, the cool things things made right here in the Granite State and a possible career opportunities.

“By creating partnerships between job-creating manufacturing companies and local schools, the What’s So Cool About Manufacturing? video contest will help our students understand that they can stay in New Hampshire and find jobs here that are interesting and exciting,” Gov. Hassan said. “This contest will also help build relationships that can lead to a stronger workforce pipeline to fill the jobs that growing businesses are creating here in New Hampshire, helping this critical industry continue to thrive.”

Nashua High School helped us in producing a pilot video. Students partnered with Johnson Precision in Hudson and together, they came up with a terrific video that even has a twist at the end. (Click here to view it.)

“This video contest is a great introduction for students to meet their local manufacturers – manufacturers they may pass on their way to school every day,” Commissioner Rose said. “The contest brings both of them together so that these companies can showcase exciting opportunities to the students, some of whom may well become employees in a few years. Advanced manufacturing and our middle school students are the future in New Hampshire and this is a way for them to connect.”

Students and their advisers can begin working with a local manufacturer on the video at the start of the 2014-2015 school year and must submit their projects by Dec. 1. A winner will be selected in early 2015 and we are working on some really great prizes for the winning videos.

Teachers interested in taking part can get more information here on partnering with a local manufacturer, as well as video contest rules. You may also contact me at 271-2341 or via email.

Lights! Camera! Action! We can’t wait to see your video.

 

Lorna Colquhoun

Communications Director

Division of Economic Development

Hooksett Welcome Centers: Northbound Soon to Offer Some Services

Thursday, August 21st, 2014

 

CarmenAlexRay

Carmen Lorentz of the NH Division of Economic Development and Alex Ray of the Common Man

The redevelopment of the Hooksett Welcome Centers, north and southbound on Interstate 93, has been watched by daily commuters since construction began.

Now, the liquor store and convenience store on the northbound side are getting ready to open in the next few weeks; southbound will follow in a few months.

On our monthly radio show, New Hampshire Business Matters, on WTPL 107.7 FM, Carmen Lorentz, director of the Division of Economic Development, talked with Alex Ray of the Common Man, about the project and how it is going to do more than welcome visitors to our great state.

Listen in on the link below.

Lorna Colquhoun

Communications Director

NH Division of Economic Development

Madbury Commons Transforming Downtown Durham, Technology

Monday, August 11th, 2014

Carol Miller is the director of broadband technology here at the New Hampshire Division of Economic Development. She reports on the groundbreaking ceremony on Aug. 6, signifying the start of one of the state’s largest developments getting underway. Ed.

 

Education and investment are alive and well in Durham, as the development of Madbury Commons gets underway in the downtown.

Jeff Rubin, Golden Goose Capital, developing Madbury Commons.

This is a large multi-use project by Durham-based Golden Goose Capital. It will feature 126 apartments housing 525 students and 45,000 square feet of commercial space. The anchor tenant in this $30 million development will be the University of New Hampshire’s InterOperability Lab. UNH officials signed a 20-year lease earlier this year.

The development is one of the largest in motion in New Hampshire and hits the right themes in terms of the state’s economy. As the home to hundreds of college students and the IOL, Madbury Commons is going to be a boon on many fronts. From this, we can expect to see about 1,500 visitors annually, from all over the world.

The IOL is a technology company wholly-owned by UNH, which is dedicated to the testing of wireless products for companies such as Samsung, Google and Apple. The UNH-IOL is dedicated to fostering cooperation within the data communications industry, while providing hands-on experience to future engineers.

This development will require large capacity gigabit broadband to serve the needs of students, the IOL and other commercial tenants

Madbury Commons is the remarkable result of vision, investment and education and I look forward to the ribbon cutting ceremony in about a year’s time, which will signify the opening of this development.

 

Carol Miller

Director, Broadband Technology

NH Division of Economic Development

 

Commissioner Rose: Exporting a Vital Part of NH Economy

Wednesday, August 6th, 2014

The recent article exploring New Hampshire’s exports, while interesting, drew conclusions that diminishes our role in a record-setting year for US exports.

In 2013, the United States set an all-time record – $2.3 trillion – for the value of goods exported around the world. New Hampshire was a part of that success, with strategic growth in some of our higher paying sectors, such as electronics, optics and military/defense components.

The US Department of Commerce uses a complex methodology to measure exports and their growth – methodology that has been in place for decades and which determines the value of each state’s activity in the global marketplace. The data provided is the accepted measure of exports by state and federal agencies, as well as the United Nations and the International Monetary Fund.

By using the Origin of Movement (OM) series, the Department of Commerce determines the breakdown of over $2 trillion in exports. The OM can be the location of where the item was produced or the location of a distributor, warehouse or cargo processing facility. New Hampshire export statistics credit the movement of oil into the state, just as another state receives credit for millions of dollars’ worth of components produced in New Hampshire.

The results can, indeed, be curious; such as how much oil the Granite State is credited with exporting or how much gold leaves Massachusetts or how many diamonds from New York. It is important to recognize that New Hampshire is by no means the only state that exports goods not usually associated with its leading industries.

OM is not a perfect system, largely because it was never designed to measure production. But it is the accepted way to calculate the worth of the nation’s exports. Under the definitions and regulations in place, oil is a New Hampshire export.

It is also important to note that there is more to exporting than the merchandise goods the OM series covers. Services, like consulting and financial services, as well as tourism and education, two important sectors in our economy, are considered exports, but they are not calculated in data compiled by the federal agency.

Exporting is a vital part of the state’s economy and every year, more of our companies are tapping into markets around the world with great success. Our record makes our state attractive to foreign investors, companies looking to expand in the US and international students seeking a quality education.

To simply extract the value of oil that flows through New Hampshire and proclaim the total to be credible data is overly simplistic and gives no credit to thousands of companies in New Hampshire contributing to the nation’s exporting success.

 

Jeffrey Rose

Commissioner

NH  Department of Resources and Economic Development

Hooksett Welcome Centers: We’re Almost There!

Monday, August 4th, 2014

 

If you’re a frequent driver along Interstate 93, you’ve watched the Hooksett Welcome Center redevelopment take shape on both sides of the highway.

It has been a pretty amazing project that is coming together out of a unique public-private partnership (between the State of New Hampshire and Granite State Hospitality).

Coming together quickly, we might add. In a little more than a month, the New Hampshire Liquor and Wine Outlet Stores will open on both sides of the highway, along with the convenience store and the restrooms on the northbound side. Those amenities will open southbound in December and a grand opening for both centers will happen next spring.

If you are a just-the-facts kind of person, here are some interesting stats:

– About 200 workers are onsite daily at the two centers;

– Over 95 percent of the workers, contractors, subcontractors and materials are from New Hampshire;

– Monthly construction expenditures average about $3 million;

– Over 3 million visitors will stop at the centers annually.

We took a tour recently of the northbound center, which, you will see in the video, is coming along nicely. What a great way to greet visitors on their journeys to the Granite State.

Lorna Colquhoun

Communications Director

NH Division of Economic Development