Business Notes: Feb. 14, 2016
Bethel — GW Plastics last week 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 permit 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. The company plans to enhance its Asia...
Business Notes: Jan 17, 2016
Windsor — The building formerly known as the Inn at Windsor, which had been owned by the Mascoma Savings Bank since 2014, when the bank foreclosed on the property, finally has a new owner: Steve Heim, a Boston real estate investor and residential contractor who specializes in renovating historic homes. Heim said he acquired the 1-acre property on Apothecary Lane adjacent to the Masconic Lodge and across from the Windsor Diner recently...
Residence Inn Has New (Old) Owner
Lebanon — The Residence Inn on Centerra Parkway in Lebanon is going to get a $2 million renovation as the new owner — who is also the old owner — seeks to turn around the hotel’s operation, which has lagged in recent years. Norwich Partners, the Norwich-based hotel property investment firm headed by David Leatherwood, has bought back the 114-suite extended-stay hotel from Moody National REIT, a real estate investment trust, for about...
Juniper Hill Inn Under Contract
Windsor — The owners of the Sumner Mansion Inn in Hartland have contracted to purchase the closed Juniper Hill Inn in Windsor and plan to renovate the property over the fall and winter, in time for spring re-opening. Ken Lucci and his sister Brenda Bradley, who bought Sumner Mansion only last year, plan to operate the two bed-and-breakfasts — which are just 31/2 miles apart — with shared staff in a bid to expand accommodations for the...
Woodstock Inn and Resort Begins $2.6 Million Upgrade
Woodstock — First impressions matter. Especially in the hotel business. The Woodstock Inn and Resort, undertaking its first major infrastructure project since the opening of its spa in 2010, has begun a $2.6 million upgrade to the building and grounds aimed at giving the luxury hotel’s entrance and lobby a more welcoming atmosphere and sense of unhurried elegance. Calling the upgrades “part of our long-term vision in how we want to...
