Amanda Loder / StateImpact NH
Workers cast firearms parts at Sturm, Ruger's Newport foundry
As federal lawmakers grapple with tighter gun control laws, business is good for the firearms industry. Across the country, gun dealers can’t keep them on the shelves, and manufacturers can’t keep up with demand.
But how do these trends affect New Hampshire’s economy?
If you pick up a Sturm, Ruger gun—rifle, pistol, revolver, assault rifle -odds are it was made in Newport, New Hampshire. Or at least, parts of it were cast in the company’s on-site foundry, and shipped to Ruger’s other factory, in Arizona.
“It takes about two or three hours to make a gun from components into the box,” says Tom Sullivan, Vice President of Newport Operations for Sturm, Ruger. “Every product we make at this point is very popular, and we have large backlogs on every product we make.” Continue Reading
While Maura Carroll’s severance package isn’t finalized, she could stand to see a substantial payout from the organization.
Amanda Loder/StateImpact New Hampshire
The Local Government Center will see new leadership almost immediately.
After about four years as head of the Local Government Center, Executive Director Maura Carroll is stepping down.
During most of her tenure as Executive Director, Maura Carroll headed an embattled LGC. The state’s Bureau of Securities Regulation contends that for years, the LGC overcharged communities for health insurance premiums and improperly used funds. The case went to a hearing officer last summer, who ordered the LGC to return more than $53 million to communities. Continue Reading
A look at the LGC case from a different angle, courtesy of Bob Sanders at the “New Hampshire Business Review.”
Brian Turner / Flickr Creative Commons
A group of towns wants to participate in the LGC's appeal to the state supreme court.
A cadre of communities is pushing the New Hampshire Supreme Court to allow them to participate in the Local Government Center‘s appeal. Fourteen towns, led by Durham, Peterborough, Salem and Northfield have filed a motion to intervene in the case.
The LGC insures municipalities, school districts, and agencies, handling hundreds of millions of taxpayer dollars. The state argued that for years, the LGC over-charged for health insurance in order to illegally bulk-up its assets and prop-up its failing worker’s compensation program . Last summer, a hearing officer sided with the state, and ordered the LGC to return more than $52 million to members. The LGC is appealing that order to the New Hampshire Supreme Court. Continue Reading
With uncertain revenues, on-going lawsuits, and a divided statehouse, New Hampshire lawmakers face a number of challenges as they prepare to write the next budget.
How much has the LGC promised to return to your community? StateImpact crunched data from the Local Government Center and created a searchable table to help you find out. Continue reading
This collection of data covers everything from Medicaid and migration to revenue forecasts and the housing market. If you can open a PowerPoint file, these graphs offer hearty food for thought over the coming year.
This move allows Hypertherm to move into a new market–”waterjet cutting technologies.”
Amanda Loder / StateImpact New Hampshire
The Pine Valley Mill in Milford is one of several affordable housing projects to benefit from federal community block grants
Recently, a handful of towns, including Milford, split $3.1 million in community development block grants to help create more affordable housing. According to statewide estimates, only one-in-six two bedroom apartments is affordable to a median income renter. But the Granite State has something of a homegrown advantage in tackling this problem. Continue Reading