Experts Say NH Has What it Takes to Attract International Companies

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Marian McCord, senior vice provost for research, economic engagement and outreach at UNH with Byron Kennedy, CEO of SPEE3D and Steven Camilleri, CTO of SPEE3D at the ribbon cutting. (Courtesy photo)

Salem, NH—International businesses have a track record of coming to New Hampshire, and global warehouse technology company AutoStore is the latest one to expand its roots in the Granite State.

"This is a very diverse and agile product. It can be used by grocery, it can be used by industrials. But the market potential is endless, and it will help customers in all segments of industries," said Anette Matre, with AutoStore.

"I think this is going to provide a tremendous platform not only for AutoStore, but for us to attract other companies to New Hampshire, the gateway to New Hampshire here at Exit 1 at the Tuscan Village," Matre said.

On Tuesday, AutoStore had a ribbon-cutting at AutoStore's newest U.S. headquarters at Tuscan Village in Salem. The new Salem location is near the Massachusetts border, a spot that experts said can serve big businesses in more ways than one.

"We have a long history here in New Hampshire of attracting foreign investment, foreign companies locating here," said Matt Mowry, the executive editor for Business NH Magazine. "They want to be near Massachusetts. We have the tax advantages, but they also get access not only to our workforce, but the Massachusetts workforce, as well as all the resource partners there in these two states."