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Massachusetts Manufacturer Expands to Portsmouth

Published Thursday Dec 11, 2014

Andover Healthcare Inc., a manufacturer of cohesive bandages and tapes for the health care, animal health and sports medicine industries, has purchased space at Pease International Tradeport to relocate its corporate headquarters from Salisbury, Mass. next year.

The company has hired six new employees, anticipates hiring 20 more, and will relocate its corporate staff to Pease next year.
 
“‘Live Free and Prosper’ rings true for us,” said Andover Healthcare President Tom Murphy. “We are thrilled to open a facility in New Hampshire.”
 
Murphy founded the company in 1976, providing athletic tape to the Boston Bruins. A few years later, the New England Patriots’ trainers began using the tape and by the mid-1990s, Andover Health had grown into an industry leader. Two years ago the company expanded into the retail market serving customers such as Walgreens and CVS.
 
“We recently received a large contract with Wal-Mart,” said Murphy. “We needed to be in production quickly–the facility in Portsmouth is the perfect fit.”
 
The 52,000-square-foot Pease facility will produce elastic bandages for 3,500 Wal-Mart stores across the U.S.
 
“We are investing $700,000 in new equipment,” said CFO Bill Bauld.
 
"On behalf of the people of New Hampshire, I am honored to welcome Andover Healthcare to the Granite State,” said Gov. Maggie Hassan. “Andover Healthcare's relocation reinforces that our low-tax environment, responsive state government and high quality of life make New Hampshire as attractive a state for business as any in the country. Andover Healthcare's presence in our state will help expand middle class opportunity and will keep our economy moving in the right direction."
 
For more information, visit www.andoverhealthcare.com.

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