MANCHESTER, NH – The New Hampshire Department of Business and Economic Affairs, the City of Manchester, and the New Hampshire Business Finance Authority are pleased to announce expansion plans by one of New Hampshire’s largest employers and leader in its aerospace and defense industry.
BAE Systems is finalizing plans to occupy 3000 Goffs Falls Rd. to expand its operations. The 220,000-sf site, located off Brown Avenue, with close access to Manchester-Boston Regional Airport and Interstates 93 and 293, will enable the company to attract the talent it needs to initially fill 400 high-paying positions. The Manchester Mayor and Board of Aldermen will consider details on the proposed expansion.
“This is a great example of how working quickly and creatively with the business community can yield impressive results,” said Gov. Chris Sununu. “No income or sales tax, great schools, incredible natural beauty, ease of access to urban centers and a vibrant and dynamic workforce all contribute to there really being no better place to live, work and raise a family. We look forward to continuing to work collaboratively to meet the needs BAE Systems expansion efforts and bring more job opportunities to Granite Staters.”
Taylor Caswell, commissioner of the Department of Business and Economic Affairs, said a collaborative effort with BAE Systems, the City of Manchester and the Business Finance Authority supported the needs of the company in making the decision to expand.
“There is no way we would have reached this point without deep collaboration among teams from our department, the City of Manchester, and the NH Business Finance Authority,” said Caswell. “Our ability to work as a team to help employers meet expansion or relocation goals is critical to what we offer as a state.”
The City of Manchester will continue its support of BAE Systems’ expansion, said Mayor Joyce Craig.
“I’m thrilled BAE Systems has chosen to expand here in Manchester,” Craig said. “Manchester is the economic hub for the state. This is the first time the City of Manchester, the Department of Business and Economic Affairs and the Business Finance Authority have worked together to bring new, good paying jobs into the Queen City. We now have a successful model, and I look forward to continue promoting Manchester’s pro-business environment.”
GMCC President and CEO Mike Skelton called the deal “incredibly significant” for Manchester.
“Today’s announcement that BAE Systems is expanding to Manchester with a new facility and creating 400 new jobs further strengthens Manchester’s evolution into a national hub of technology and innovation,” Skelton said.
“The economic impact of this news is incredibly significant for the city and region and will help ensure the Manchester business community continues to grow and prosper,” Skelton said. ‘We look forward to new partnership opportunities with BAE Systems and are excited with the significant role they will play attracting and retaining young talent in our city and across the region.”
The New Hampshire Business Finance Authority understands the significance of BAE Systems to the state’s growing aerospace and defense industry, said Executive Director James Key Wallace.
“This partnership with BAE provides an exciting opportunity for Manchester and all of the communities supported by BAE’s significant presence in the state. Our innovative and collaborative approach to structuring this expansion shows that New Hampshire is able to attract world class companies who create high quality jobs,” he said.