Mascoma Community Development, an entity of New England based Mascoma Bank, has received a $65 Million tax credit allocation to facilitate industrial and manufacturing expansion, along with retail and main street redevelopments in rural and minor-urban communities of New England. The award is from the New Markets Tax Credit (NMTC) authority from the U.S. Treasury’s CDFI Fund. Project developments will be focused on New Hampshire, Vermont, Maine, New York, Michigan, and Pennsylvania.
“We will use this award to provide much needed flexible financing for manufacturers needing to update deteriorating facilities and aging equipment,” said Dick Jennings, Managing Director, Mascoma Community Development.
This October, the US Air Force will launch an inaugural virtual event, the Advanced Manufacturing Olympics (AMO), which is “aimed at translating innovative ideas into enduring solutions” in manufacturing technology across the United States. Distinguished leaders in academia, government and industry will be speaking to discuss the future of advanced manufacturing.
Topics at the Advanced Manufacturing Olympics will include Industry 4.0, 3D printing, augmented and virtual reality, automation and more. There will be open discussion on technical challenges and potential solutions for the Air Force’s sustainment issues.
WASHINGTON, DC – Today, Congressman Chris Pappas (NH-01) and Congressman Josh Gottheimer (NJ-05) passed an amendment to a key FY 2021 funding package that will designate $1 million in funding for the Department of Commerce to provide support through the Manufacturing Extension Partnerships (MEP) program to companies whose supply chains have been disrupted by the pandemic.
“Support for manufacturing jobs in New Hampshire is critical as we fight to rebuild our economy in the midst of the deepest economic downturn in decades,” said Congressman Pappas.
Hanover, NH – Creare LLC, a New Hampshire-based research and development engineering firm, revealed their newest innovative technology to support ongoing and future NASA missions. In addition to their 60,000 sq. ft. of offices and laboratory facilities, Creare works with many small to mid-size New Hampshire manufacturers to develop their products. “Creare’s partnerships with local manufacturers have been vital to the success of our technology in NASA’s and DOD’s space programs,” said Paul Movizzo, Creare’s DoD Business Development Officer. Continuing their space heritage from the Hubble Telescope, Creare has several projects destined to be in space in the near future.
New Hampshire Manufacturing Extension Partnership (NH MEP) has received CARES Act funding to help manufacturers with its services free of charge to those impacted by COVID-19. Using $50 million in grants authorized by the CARES Act, NIST has issued awards to Manufacturing Extension Partnership (MEP) centers in all 50 states and Puerto Rico for COVID-19-related projects. “Small- and medium-sized manufacturers are among the leaders of the swift and strong comeback from this unprecedented health challenge, and the Department of Commerce is doing our part to support their efforts,” said Department of Commerce Secretary Wilbur Ross.
Laconia, NH – Orion Entrance Control, Inc; an award winning New Hampshire manufacturer is introducing their latest innovation. The Orion Pre-Entry Temperature Reader (OPTR) was developed to support businesses in their COVID-19 return-to-work strategies. The OPTR just launched to the marketplace on Thursday, May 28th. OPTR’s infrared sensing technology and intuitive user interface can be put into use with virtually no training. A 1 second read time (3-5 seconds per person with proper social distancing) and high level of accuracy provide superior throughput.
Seabrook, NH – When emergency production of critical medical equipment was needed, Marco Rubber was prepared to help make it happen. Marco Rubber & Plastics is a leading tech-enabled virtual manufacturer and global supplier of O-Rings, gaskets and all sorts of rubber and performance plastic seals and components.
As supply chains were disrupted in parts of Asia, then Europe, at home and beyond, an integrated global inventory proprietary platform and diversified made-to-order manufacturing network kept spiking production lines running.
When products are in high demand, many small to medium sized manufacturers find it challenging to focus on sales strategies or how to best implement them. Web development and SEO can also fall to the lower end of the priority list. If these important aspects of business are not integrated into an effective process, a company can quickly fall behind in the market and be left struggling to remain competitive. Recognizing these obstacles, NHMEP will begin offering three new services to manufacturing companies starting Monday, June 1st.
Nashua, NH – Bug Baffler, an insect protective clothing manufacturer for global customers, is now producing cloth masks and plastic face shields for its local New Hampshire community including health organizations, businesses, consumers and industries such as transportation where bus and taxi drivers have been purchasing them for their public-facing work. Kevin Boghigian, owner of Bug Baffler, said they are doing their best to help where they can and will continue making the masks and face shields as long as necessary. Their variety of cloth masks are available for purchase online either individually or wholesale at a discounted rate.
Milford, NH – Alene Candles is normally focused on making high quality candles for customers around the world, but when COVID-19 struck the US, their focus shifted to targeting the most immediate needs for PPE in the community. They had the people, space and capabilities ready to work, so they decided to produce face shields. For their first production run of 10,000, they bought the materials they could find like elastic and foam, then received a generous donation of plastic materials from a producer in Biddeford, ME in exchange for a donation of 3,000 face shields to go back to Maine’s community of first responders and hospitals. They agreed, and decided to donate all of the face shields they assembled.