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 Preshow Return to index of stories... |
Next on New Hampshire Outlook. Behind the deal to save the Berlin pulp and paper mill plus.Business ethics. Do the concepts of right and wrong get blurred in the complex corporate world ? |
| Headlines Return to index of stories... |
Welcome to New Hampshire Outlook. I'm Allison McNair. |
| Intro Berlin Return to index of stories... |
The Future of the Berlin paper mill is beginning to look a whole lot better. Fraser Paper of Stamford Ct. has moved one step closer to its bid to purchase the paper making complex. A 30 Million Dollar purchase and sales agreement filed on behalf of Fraser last week in Bankruptcy court has been approved. Basically, what this means is that for any other company to buy the mill, they would have to come up with a better plan and more money within the next couple of weeks. Lisa Brown has more. |
| Berlin Mill Sale Return to index of stories... |
Berlin Paper Mill Script Script Fraser Paper says they are just keeping the idle plant warm, but activity around the complex may suggest a whole lot more. An official deal has not been reached, however, there is cautious optimism around town and there are some reasons. Fraser has a pre-negotiated six- year labor contract in place and workers ready to punch in. Bite: Eddy DeBlois/President PACE Local 75 42:11 Everyone… …ownership 42:37 The Fraser proposal is a whole lot more than putting people back to work and making paper. It's also about generating power. Between The Burgess plant in Berlin and the Cascade Plant in Gorham are six hydro-damns capable of generating on average, 22 megawatts of power. In the past, it hasn't been enough to run the mill, but all that could change. Fraser has direct ties to the power industry. Standup Lisa Brown/NH Outlook 3:07 Fraser is owned by Nexfor, and their largest single stockholder is a company called Brascan, a Canadian investment firm with major holdings in Great Lakes Power, and that could be the light at the end of the tunnel. According to Industry insiders, Great Lakes Power will retain the hydro assets of the complex and transfer ownership of the Mill to Fraser. Under the plan, Great Lakes Power will build a state of the art co-generating plant capable of producing enough energy to supply the entire paper making complex. Fraser, will then spend more than 30-million dollars over the next two years to fund the mill as it goes to full capacity. Part of the spending plan includes-new equipment, new construction and environmental improvements. Operating two plants, one for pulp and one for paper is something Fraser has been doing for almost a hundred years. Here along the St. John River, Half of the plant is in Canada, the other half is in Maine. Pulp is made in Edmunston and piped across the border to Madawaska where it becomes paper. The layout in New Hampshire is similar. Pulp is made in the Berlin plant and piped down the Androscoggin River to Gorham where it is made into paper at the Cascade plant. In the world of union Labor, Fraser has a good reputation. Bite Raymond Hinckley/International Representative PACE International 52:31 I know a lot of 52:50 The past nine months have not been good to the town of Berlin. More than 800 men and women have lost their jobs, many people have given up, and moved. Economically, the town is in trouble. Cruel lessons have been learned and what was once taken for granted is today, an ache in one's heart. Bite Dolly Fortier/Dolly's Restaurant 7:32 Some days its real loud….used to 7:49 In the past, it has always been about paper. If Fraser has its way, the future will be about more. It's about paper and power- and people committed to the potential of the two. In Berlin, Lisa Brown for NH Outlook. |
| Tag Mill Sale Return to index of stories... |
It's customary for a judge to impose a waiting period before finalizing any bankruptcy sale. usually 20 to 30 days. On Wednesday, Fraser goes to court seeking to acceolerate the approval process. They'd like to move ahead within ten days. |
| Intro Biz Ethics Return to index of stories... |
Three John Hancock Financial Service units have filed a reported class action suit against 27 Enron Corp officers and directors. Hancock of Boston also filed against the company's embattled auditor, Arthur Andersen. In a press release, John Hancock Financial says the complaint seeks restitution for losses suffered by the units on investments in nonpublicly traded securities issued by Enron and affiliates. Enron filed for bankruptcy protection in December. Enron and Arthur Andersen face various suits and investigations arising from an accounting scandal. Another company whose accounting caused investor concern was New Hampshire-based Tyco International. And most recently, Enterasys Networks, also based in southern New Hampshire has gained similary scrutiny for its accounting, include a federal investigation. To talk about those situations and the state of business ethics, I spoke with Tom Sedoric, Vice-President of A-G Edwards and Sons, and Professor John Freear of UNH's Whittemore School of Business and Economics. |
| Other News Return to index of stories... |
Here's a look at other stories making headlines this Monday. |
| Vatican Summons Return to index of stories... |
It's being called an extraordinary event. Pope John Paul is summoning U-S- Roman Catholic cardinals to Rome. The cardinals will meet with the pontiff next week to talk about the sex-abuse scandal in the Catholic church. American bishops who recently met with the Pope say he simply wants to help. |
| Seabrook Sale Return to index of stories... |
A major portion of the Seabrook nuclear power plant is being sold to a Florida electric company. Florida Power and Light - the FPL group says it will buy 88 percent of the plant for 837 million dollars. The company is buying the plant's shares from Northeast Utilities, United Illuminating Company, BayCorp Holdings and New Hampshire Electric Cooperative. The other shares of the plant will remain with current owners. |
| Sprague Electric Return to index of stories... |
There's another company poised to enter the commercial electricity market. Sprague Energy of Portsmouth says it will do so in the Granite state - and in Connecticut and Rhode Island as well. The company already has commercial customers in Massachusetts and Maine. A Sprague official says the company is targeting deregulating markets for large industrial and commercial customers. Sprague has built its business around supplying coal and fuel oils for transportation and heating. The company is s owned by the Axel Johnson Group of Sweden. |
| Stocks Return to index of stories... |
It was a down day on wall street Monday. Here's a look at some of the numbers. |
| NH Stocks Return to index of stories... |
Autodesk\41.89\+1.45\General Electric\31.85\-1.70\Lockheed Martin\60.21\-1.33\NH Thrift\17.40\+1.05\Timberland\44.40\-1.49\NH Stocks\Source: yahoo.com |
| Tax Day Return to index of stories... |
In New Hampshire we've grown accustomed to having an extra day to file federal tax returns. In the past Granite State returns went to Andover Massachusetts where April 15 is a holiday - Patriots Day. Well if you have counted on that grace period, you're in for a surprise. This year's returns go to Philadelphia where Patriots Day is not celebrated. You must file by midnight Monday or file for an extension. The penalty for failing to file on time is 5 percent of the balance owed per month. |
| Senate- property tax Return to index of stories... |
Senate budget writers recommended today against repealing New Hampshire's education property tax. The Committee call for a study of the impact of repealing the tax. The full Senate could take up the proposal as early as Tuesday. The House voted to repeal the tax in 2004. Those who oppose the repeal say repeal without replacing its half billion dollars in revenue will create fiscal chaos. |
| Intro UNH President Return to index of stories... |
University System of New Hampshire Chancellor Stephen Reno announced Monday his choice for the next president of U-N-H. Reno, along with the presidential search committee, chose Doctor Ann Weaver Hart of California. Doctor Hart is currently the Provost and Vice-President for Academic Affairs at the Claremont Graduate University in California. Earlier today I spoke by phone with Doctor Hart, and she expressed her happiness at being selected. |
| Flooding Return to index of stories... |
The weekend rains caused some early spring flooding in northern New Hampshire. Stark Village elementary school closed after their parking lot flooded. About 20 families had to leave their homes in Northumberland because of flooding along the Ammonoosuc River. The Saco, Pemigewasset and Connecticut rivers also were near flood stage. Meanwhile, drought conditions prevail in the rest of the state. |
| Intro Mt. Washington Return to index of stories... |
It looks like the sun will be fighting to come out early in the week. Meteorologist Steve Bailey has more from the Mount Washington Observatory. |
| Mt. Washington Return to index of stories... |
Mount Washington Observatory\Monday on the Summit\Fog and rain showers\High: 39\Peak Gust: West 47 MPH\Visibility: 50 to 100 feet Overnight\North\Partly cloudy with patch fog after midnight\Lows: Lower 40s\Winds: Light and variable\ Overnight\Central and South\Partly cloudy with areas of dense fog after midnight\Lows: Mid 40s\Winds: Light and variable\ Tuesday\North\Partly sunny\Highs: 75 to 80\Winds: SW 5 to 10 MPH\ Tuesday\Central and South\Mostly sunny\Highs: 80 to 85\Winds: SW 5 to 10 MPH\ |
| Marathon Return to index of stories... |
More than 340 registered runners from New Hampshire were at the starting line Monday for the 106th running of the Boston Marathon. Other Granite staters were no doubt among the unregistered runners who joined in the 26 mile race. While American flags were unfurled at the finish line, it was the Kenyans who swept the marathon. Rodgers Rop won the Men's division. Margaret Okayo came in first in the women's. And Outlook's Phil Vaughn finished in three hours and 37 minutes. |
| Intro Legis calendar Return to index of stories... |
As the legislature works to wind up its session early this year, nearly all the bills have already been heard. In fact, this Thursday is the last day that the House can take up any Senate bills. Most of the activity in the House this week is the full session on Wednesday and possibly Thursday. Producer Richard Ager has a roundup of some of the other action at the Capitol. |
| legislative calendar Return to index of stories... |
On Wednesday, The Senate Capital Budget Committee looks at a House Bill establishing a 6-year capital budget TheSenate Environment Committee takes up a House bill that would create a pilot program to study and establish protected instream flows and water management plans on the Lamprey River and the Souhegan River. The Senate Executive Departments and Administration Committee will examine a House bill that would create some exemptions to the consumer protection act. And, if you're hoping to get to the airport faster, the NH Dept. of Transportation will hold a public hearing on the new Airport Access Road. Capital Budget\HB 1370\Senate Capital Budget Cmte.\State House Room 103\April 17 2:00 pm Water Management\HB 1449-A\Senate Environment Cmte.\LOB Room 104\April 17 8:30 am Consumer Protection Act\HB 1429\Senate Executive Depts. Cmte.\LOB Room 104\April 17 2:15 pm Wetland Permits\Public Hearing\Dept. of Transportation\Highlander Inn - Manchester\April 17 8:30 am |
| website Return to index of stories... |
For information on our program, and links to our guests and interviews, visit our web site at nhptv.org. You can also see and hear streaming video of our broadcasts. If you've got a story idea or comment on our program you can call us at 800-639-2721. |
| Tomorrow Return to index of stories... |
On the next New Hampshire Outlook - continued coverage of the crisis in the Catholic Church with new calls for reform. |
| Goodnight Return to index of stories... |
That's it for this edition of our program. For all of us here at New Hampshire Public Television, I'm Ally McNair. Thanks for joining us. We'll see you next time on New Hampshire Outlook. |
| founders Return to index of stories... |
Thanks to our founding sponsors who have provided major funding for the production of New Hampshire Outlook: New Hampshire Charitable Foundadtion Public Service of New Hampshire Alice J. Reen Charitable Trust Putnam Foundation Stratford Foundation |
| Tonight 10:00 Return to index of stories... |
Tonight on NH Outlook. Do the concepts of right and wrong get blurred in the complex corporate world ? Business ethics.Tonight at 10 only on NH Outlook. |
| WEB /tues day Return to index of stories... |
Tonight on New Hampshire Outlook. we continue our coverage of the crisis in the Catholic Church with new calls for reform. Tonight at 10 only on New Hampshire Outlook. |
| Marathon Return to index of stories... |
AP-NH--Marathon-N.H. msrtv N.H. well represented in Boston Marathon -- More than 340 registered runners from New Hampshire will be at the starting line today for the 106th running of the Boston Marathon. Of course, there probably are hundreds of other unregistered runners from New Hampshire, who will be among the thousands running the 26 miles. The race starts at noon in Hopkinton, Massachusetts. |
| key: education Return to index of stories... |
NEW HAMPSHIRE OUTLOOK Air Date/Time:4/15/02 / 2200 HOST: Allison McNair Length: In addition to a summary of the day's top New Hampshire stories, this edition of New Hampshire Outlook, NHPTV's nightly news magazine, included an interview with the next president of U-N-H, Doctor Ann Weaver Hart of California. Doctor Hart is currently the Provost and Vice-President for Academic Affairs at the Claremont Graduate University in California. PRODUCER/REPORTER:Allison McNair NAME OF PARTICIPANTS: Dr. Ann Weaver Hart\UNH President-Designate |
| key: economy Return to index of stories... |
NEW HAMPSHIRE OUTLOOK Air Date/Time:4/15/02 / 2200 HOST: Allison McNair Length: 4 min In addition to a summary of the day's top New Hampshire stories, this edition of New Hampshire Outlook, NHPTV's nightly news magazine, included a report on the future of the Berlin paper mill. Fraser Paper of Stamford Ct. has moved one step closer to its bid to purchase the paper making complex. A 30 Million Dollar purchase and sales agreement filed on behalf of Fraser last week in Bankruptcy court has been approved. Basically, what this means is that for any other company to buy the mill, they would have to come up with a better plan and more money within the next couple of weeks. PRODUCER/REPORTER: Lisa Brown NAME OF PARTICIPANTS: Eddy DeBlois\Union President Raymond Hinckley\Union Representativel Dolly Fortier\Dolly's Restaurant |
| key: economy Return to index of stories... |
NEW HAMPSHIRE OUTLOOK Air Date/Time:4/15/02 / 2200 HOST: Allison McNair Length: 10:08 In addition to a summary of the day's top New Hampshire stories, this edition of New Hampshire Outlook, NHPTV's nightly news magazine, included a discussion on business ethics in the wake of the Enron investigation. PRODUCER/REPORTER: Lisa Brown NAME OF PARTICIPANTS: Tom Sedoric\A.G. Edwards & Sons Prof. John Freear\UNH - WSBE |
| Maple Return to index of stories... |
Drought conditions did not put a dampr on this year's production of maple syrup according to many producers. The sap ran early, lasted six weeks and produced more of the higher quality amber maple syrup. |