BAE Systems boosts state economy
NASHUA — BAE Systems generated an economic impact of more than $586 million in New Hampshire during 2011.
This figure reflects $491 million in direct payroll to 4,515 employees in the Granite State. The company's financial impact also includes more than $90 million awarded for subcontracts and purchase orders to more than 400 suppliers throughout the state.
BAE Systems suppliers are located in 60 different cities and towns in New Hampshire with 71 of these companies providing business services in excess of $100,000.
The company and its employees also contributed $2.4 million in cash and in-kind services to area civic, charitable and educational institutions during 2011. Employee contributions to New Hampshire charities included more than $1.5 million to support local United Way campaigns and other employee-specified charities.
The largest corporate contribution was $100,000 to support the McAuliffe-Shepard Discovery Center in Concord. BAE Systems employees volunteer their time to many community organizations.
The largest volunteer effort in 2011 was in support of the FIRST Robotics BAE Systems Granite State Regional competition in Manchester. Employees logged more than 3,500 hours last year to support the annual event which helps students discover the rewards and excitement of science, engineering, and technology.
EmbroidMe has new owner
LONDONDERRY — EmbroidMe, the world's largest embroidery franchise, announces a new owner for its Londonderry store at 44 Nashua Road — Gerry Kayo.
Before becoming an EmbroidMe franchisee, Kayo worked as a teacher and principal for seventeen years. Kayo is involved in the community as a youth sports coach with Londonderry Athletic & Field Association, the Londonderry Wildcats and the Londonderry Basketball Club.
"Discovering EmbroidMe came at a perfect time in my life because I was struggling to find a position that would work well for my family and I," Kayo said. "The EmbroidMe opportunity presented itself, and after much research we decided it would be a good fit for us."
With nearly 400 retail locations, EmbroidMe provides full-service custom embroidery and screen-printing for apparel, as well as promotional products and gifts to both the private and commercial segments of the business community.
For more information on EmbroidMe in Londonderry, contact Kayo at 965-0158.