Futurecast 2018

logo

December Issue

Current Issue
December 2017

The Top 100 Private Companies, a profile of the Upper Valley, expanding NH's cultural centers and more. Purchase your copy or subscribe to BNH today.

Events

NH Futurecast: 2018
January 25, 2018
8:00 am - 10:00 am
More Events >>

Newsletter Signup

Sign up for email updates for when the new magazine comes out.

@BusinessNHmag

News

NSA Industries' Groveton Facility Continues to Grow
 
Published Thursday, September 28, 2017

After holding a job fair a year ago that attracted 320 applicants, NSA Industries' Groveton faciltiy is going strong with 92 employees working there since it opened in January and plans to add more positions. “We are pleased to have expanded to Groveton,” says Jim Moroney, CEO of NSA Industries, as he hosted the board of directors of the NH Charitable Foundation, developer Bob Chapman and managers of Northern Community Investment Corporation (NCIC) on a Sept. 13 tour of the facilty and a discussion about the expanding employment opportunities developing in Groveton.

NSA Industries purchased $3 million in equipment at the start of the operations and the company is currently purchasing an additional $3 million in equipment to support the expanding opportunities in the northern NH community, along with hiring about a dozen more people.

NSA Industries is the largest metal fabrication, machining, and powder coating operation of its kind in northern New England. Headquartered in St. Johnsbury, Vt., NSA is nationally ranked #15 by thefabricator.com, a publication of the Fabricators and Manufacturers Association, International. NSA Industries’ three facilities in St Johnsbury employ more than 220. The company is also expanding there and is in the process of hiring additional employees.

“The paper mills closed in 2006 and 2007. But this is no longer a closed mill site; it is an industrial park. We are happy to have NSA Industries here,” says Chapman Development owner Bob Chapman.

“USDA Rural Development provided funds for the preliminary engineering of the water and sewer,” says Cathy Conway, vice president of economic development at NCIC, in discussing the development of the infrastructure. “Northern Borders Regional Commission matched a Chapman Development donation to bring sewer to this facility and others. Then the town agreed to a bond to match Economic Development Administration funds to continue the sewer and water to other locations in the industrial park. That work is scheduled to begin next month.”

“To bring business, you kiss a lot of frogs,” explains Jon Freeman, president of NCIC. “But we found a prince with NSA. Ninety-two jobs and growing! With the industrial park looking so good and having another employer here, others are considering coming here. Beno Lamontagne of the New Hampshire Department of Business and Economic Affairs is leading the charge. It’s very encouraging.”

NCIC has been a critical partner for NSA Industries. “NCIC has helped us purchase two facilities in St. Johnsbury,” says Moroney. “When we determined that we had to look elsewhere to support the growth in front of us, they did all they could to be sure we stayed in their territory. They identified options, Groveton stood out for us, and here we are. It was the right move. NCIC made this possible and NCIC is playing a critical factor in structuring a financing solution to support our growth in both St Johnsbury and Groveton.”


Send this page to a friend

Show Other Stories