A Massachusetts electronics manufacturer has relocated its East Coast operations to southern New Hampshire and plans to hire up to 15 employees this year.
Plans to hire 15 this year
Rapid Manufacturing, a family-owned global electronics manufacturing company based in Anaheim, Calif., moved from Tewksbury, Mass., to Hudson, where it purchased a 37,000-square-foot manufacturing space.
The company specializes in electronic custom-designed wire and cable harnesses, electro-mechanical and box build assemblies for OEMs. The Hudson facility makes prototypes and fills low volume orders for East Coast customers.
“The reasons we relocated to New Hampshire are because of the close proximity to our customer base, low taxes and we found a quality building we could purchase,” said Operations Manager Doug Lang. “We plan to lease about half the building once we have completed our renovation next spring and hire up to 15 employees over the next year.”
Michael Bergeron, senior business development manager for the New Hampshire Division of Economic Development, said the move by Rapid Manufacturing “is another great example” of a family-owned business relocating to New Hampshire.
“By locating in southern New Hampshire, companies like Rapid Manufacturing can draw labor from the local market, as well as the Boston metro market,” he said.
For more information about the job openings, visit rapidmfg.com.
For information on the benefits of relocating to New Hampshire, contact Bergeron at 603-271-2591 or visit the nheconomy.com website.
Lorna Colquhoun
Communications Director
NH Division of Economic Development
Cindy Harrington, one of New Hampshire’s two business recruiters, remembers the day Frank Cummings called her. It was back in 2007 and there was traffic noise in the background.
Fast forward to the other day, one of those warm August days. Except for the sound of fingers flying over computer keyboards, there was little other noise in the Franklin Business Center, where AML Partners opened for business in May.
AML is short for Anti-Money Laundering and Frank is the company’s CEO. Previously located in New Jersey, it is a software development center that was founded after the 9/11 attacks and is dedicated to detecting and preventing terrorist financing and money laundering. AML is at the forefront of creating and developing tools that help banks look for patterns and behaviors that would indicate possible crime.
AML — sounds like it might be more at home in a place like New York or some other place heavy on financial interests. But Frank is a fellow who likes the outdoors, doesn’t like the rat race and saw real potential to fight fiscal crime from New Hampshire.
Which is why he called Cindy all those years ago.
Cynthia Harrington, business recruiter for the New Hampshire Division of Economic Development, congratulates Frank Cummings, right, on moving AML Partners from New Jersey to Franklin, NH. AML Partners has created 21st century tools to fight global financial crime. The company opened its New Hampshire office in May and "raided," says Cummings, the New Hampshire Technical Institute in Concord for its 11 employees.
Frank might have arrived sooner with the business, but “everyone knows what happened in 2008 – the economy took a bad turn and we had to delay” the move.
AML Partners opened on May 7 with a capable complement of employees “raided from the New Hampshire Technical Institute,” as Frank says.
Being able to find these educated employees was key to opening. One of the great parts of this story is how Frank reached out the NHTI, first seeking recommendations from professors of their promising students and now, as the business grows, from those students he hired.
“The average age of my workforce is 24-years-old,” he said. “I don’t have any jobs open because as soon as one becomes available, one of my people knows someone who can do the work.”
Those workers commute from as far away as Exeter and Manchester. Several we talked to feared they would be spending the summer – or longer – out of their chosen field. They are ecstatic to put their skills to work on the serious matter of fighting global financial crime.
We are glad that these young people did not have to leave New Hampshire to find their dream jobs.
Right now, AML Partners serves 32 international banking institutions in the U.S. and four other countries and about a dozen employees. Frank expects that to climb to 20 by the end of the year. On the day we visited, he’d secured a contract that would require him to immediately hire two more people.
In addition to just being an all-around great business story, it is illustrative of the process of recruitment. It doesn’t happen within days or weeks or months. It takes years and, as Cindy will tell you, lots of patience and persistence.
This is an all-around win for Frank,Franklin, NHTI and New Hampshire.
And Cindy has some more businesses coming our way.
The New Hampshire Division of Economic Development continues to make headlines – in New York.
For the second time in two weeks, New York media has delved into a story that apparently has people in the Empire State talking.
The Time Union of Albany about New Hampshire’s business recruitment team “courting” one of its companies and suggesting it’s even gone so far as offering an incentive package to come to the land of Live Free or Die.
Albany’s CBS affiliate, WRGB, followed up with a piece Monday that led its 5 p.m. newscast noting that “the recruiters aren’t exactly being shy about it.”
Like many states, New Hampshire has a business recruitment team, one that is active and enthusiastic and gets results. Sure, New Hampshire looks for businesses to come do business here, whether they are interested in expanding or relocating.
What is the message of the business recruitment team? Why New Hampshire is great place for businesses – low tax burden, affordable commercial real estate, an available and skilled labor force, proactive government – in short, the New Hampshire Advantage.
And that, as we’ve seen over the past two weeks, has people talking.
