Business Notes: March 13, 2016
Wilder — Steve Davis, owner of VerMod, the Wilder-based manufacturer of energy-efficient modular homes, has purchased the 20,000-square-foot building on Route 5 that his company has leased for two years. Terms of the deal were not announced. VerMod secured financing for the purchase with support from the Green Mountain Economic Development Corp., the Vermont Small Business Development Center, the Vermont Economic Development...
Company News: March 2016
GW Plastics has announced the completion of a major expansion of its Dongguan, China, facilities. The project more than doubled the size of the plant, and the new 125,000-square-foot facility will allow the company to streamline its tooling, molding and medical device assembly operations while leaving room for contract manufacturing growth, the company said in a news release. GW Plastics plans to enhance its Asia manufacturing...
Company News: March 2016
GW Plastics has announced the completion of a major expansion of its Dongguan, China, facilities. The project more than doubled the size of the plant, and the new 125,000-square-foot facility will allow the company to streamline its tooling, molding and medical device assembly operations while leaving room for contract manufacturing growth, the company said in a news release. GW Plastics plans to enhance its Asia manufacturing...
People in Business: Feb. 7, 2016
Hal Sheeler, of Lebanon, a Realtor with Century 21 Energy Shield Realty, has been recognized by U.S. Medical Specialties Inc., an international health care consulting firm, as “MD Preferred” for his service to physicians. MD Preferred Services, an online resource center for doctors and other health care professionals, works with community-based professionals to help medical providers attract and retain physicians and medical staff....
German Giant Buys CD-adapco
Lebanon — The purchase by a German engineering giant of a Long Island, N.Y.-based company reverberated in the Upper Valley last week, although the local long-term impact was not immediately clear. Melville, N.Y.-based CD-adapco, which employs 65 people at offices in the Centerra office park in Lebanon who work primarily in product development, entered into a stock purchase agreement valued at $970 million with Munich-based Siemens AG....