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Posts Tagged ‘Titeflex’

Keeping Score: High Marks for New Hampshire

Tuesday, August 18th, 2015


Like the perfect New Hampshire summer weather, the Granite State has had a good run of good news over the past few weeks about how we fare when it comes to how we do business.

This morning, in releasing its 4th annual survey, Thumbtack declared Manchester no. 1 and New Hampshire no. 2 when it comes to business friendliness. Those responding to the survey gave our state an A+ for overall business friendliness, ease of starting a business, the tax code and licensing. The lowest grade was a C+ for ease of hiring, which may have something to do with our low unemployment rate (3.8 percent in June).

A few weeks ago, ZipRecruiter.com pegged Manchester at no. 8 on its list of Top 10 tech cities.

In its 11th annual rankings report earlier this month, Business Facilities magazine put New Hampshire up high on a couple of its lists: High wage manufacturing leader (#9); best business tax climate (#7); employment leader (#7).

MSN ranked the economies of the 50 states, based on unemployment rates, gross domestic product per capita, average weekly wages, and recent growth rates for nonfarm payroll jobs, GDP, house prices, and wages, and New Hampshire came in at no. 8.

Surveys and rankings are a nice measure of how we measure up compared to others. What’s even better is seeing businesses expand, like Titeflex in Laconia (see video above), and grow here because how we do business works.

Lorna Colquhoun
Communications Director
Division of Economic Development

Join a Trade Mission, Meet Your Local Manufacturer, Welcome New Businesses

Monday, March 4th, 2013

Red-eye trade missions. New businesses moving in to the Granite State. Advanced Manufacturing Week. Let’s jump right into what’s happening in New Hampshire’s economic development scene.

Trade missions are happening … two of them. We’re calling them ‘red-eye’ because they will be quick, focused and productive.

The first one, aimed at the health technologies sector, lands in Mexico City on April 23, in time for the Mexico Health IT Business Development Conference. You’ll attend that and have customized matchmaking appointments with Mexican business leaders before heading home on April 25.

The second one heads to Rome on June 24-25 and is specific to the aerospace, defense safety and security sectors. Those dates happen to be on the tail of the Paris International Air Show (and several New Hampshire companies are planning to attend), but you don’t need to be taking part in the air show to participate.

Interested in joining one of them? Contact Tina Kasim, program manager for the International Trade Resource Center.

Advanced manufacturing has been a buzz word as we talk about New Hampshire’s economy, which is not surprising, since we have a rich tradition in producing goods the country, and the world, needs.

Beginning next Monday and going through Friday, the Belknap Economic Development Council in Laconia is hosting the first Lakes Region Manufacturing Week. Among the highlights – the tours being offered by eight manufacturing facilities, including Titeflex Aerospace, Aavid Thermalloy, NH Ball Bearings, Scotia Technologies, Freudenberg and EFI.

“This will be a fun opportuntiy for people to get inside these high-tech companies and see what they do,” said Carmen Lorentz, the executive director of the BEDC. “Many people don’t have direct link to manufacturing today, so we wanted to given the community a chance to get to know these companies and see for themselves what great career opportunities they offer.”

What a great idea. Go check out your local manufacturers – they do good things.

The Welcome-to-New-Hampshire mat is rolled out this month to two companies — Vapotherm and P.A.T. Products.

Vapotherm, which makes innovative respiratory products and services, relocated from Stevensville, Md., to Exeter and plans to hire about 40 new employees this year. P.A.T Products is relocating its corporate headquarters from Bangor, Maine to the Pease International Tradeport in Portsmouth.

Lorna Colquhoun
Communications Director
NH Division of Economic Development