CEO Guide to the States

New Hampshire

RECORD EXPORTS

The Granite State may be small, but it’s making a big name on the global stage. New Hampshire’s exports surpassed $7 billion in 2022, a record and $1 billion more than in 2021. A large portion of this was driven by electrical machinery, which is the state’s top export and grew 14% compared to 2021. Desire for electronic integrated circuits (ICs) around the world has increased demand from some traditional trading partners like Canada and Germany. State officials credit the success to the “pro-business, pro-worker agenda” and the hard work local companies have done securing new global markets during the disruption from the pandemic.

“Other governors and people ask me all the time—how has New Hampshire been so successful in keeping our economy strong—even throughout Covid. I explain it’s because we don’t overly burden our citizens with taxes and fees, and we ensure businesses can be successful without unnecessary regulations or bureaucracy. Government is not here to guarantee a solution to your problems— but it is here to help pave pathways of opportunity.”
Chris Sununu
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Business Tax Climate Index ranking

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

No

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2010 and 2020

KEY INCENTIVES

No use tax, sales tax, inventory tax, capital gains tax, broad-based income tax or professional service tax.

Economic Revitalization Zone Tax Credit: Offers a credit of up to $40,000 per year for six years for projects that locate in an unused or underutilized industrial park, vacant land or previously unused structures.

R&D Tax Credit: Offers a credit of up to $50,000 in any one year for research and development costs.

NH CDFA Tax Credits: Awards up to $5 million per year to non-profit organizations that can then sell credits to businesses as a way to raise capital for community programs.

EDCs

NH Economy

nheconomy.com/start

Concord Economic Development

concordnh.gov/1040/economic-development

Your Manchester NH

yourmanchesternh.com

Manchester Development Corporation

manchesterdevelopmentcorp.com

HIGHLIGHTED PROGRAM OR INITIATIVE

The labor shortage remains a top challenge in New Hampshire. The state Department of Business and Economic Affairs (BEA) is developing a set of marketing assets, including images and videos, to help New Hampshire employers and partners improve recruitment marketing. BEA analytics projects nearly 200,000 new job openings in five growth sectors over the next decade.

BIG DEALS

  • United Natural Foods Inc opened a refrigerated distribution center in Londonderry in October 2022.
  • Fidelity announced in February 2023 it would hire more than 300 workers in New Hampshire.
  • New Balance announced in June 2023 it is planning a new factory in Londonderry.
  • Bank of New Hampshire broke ground in July 2023 on its new headquarters in Laconia.

BIG COMPANIES

  • Sprague Resources (Fortune 1000 Headquarters)
  • PC Connection (Fortune 1000 Headquarters)
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.