New Hampshire Mutual Bancorp (NHMB) promoted Jeff Smith to VP corporate treasurer an investment officer. Smith oversees investments, liquidity and funds management as well as asset liability management for NHMB and its affiliates, MVSB (Meredith Village Savings Bank), Merrimack County Savings Bank, Savings Bank of Walpole and NHTrust.
Safran Optics 1, which designs, develops, and manufactures integrated electro-optical systems and subsystems for defense and law enforcement agencies, will hold a ceremonial groundbreaking event on March 13 to celebrate the nearly 14,000-square-foot expansion of its headquarters in Bedford. The expansion will include an increase in engineering and manufacturing capacity, with completion expected next spring.
Plan NH in Portsmouth has named Nichole Davis and Steve Hebsch Jr. to its board of directors. Davis is VP and creative an development director at Hoyle, Tanner & Associates in Manchester, and Hebsch is a healthcare project architect at Lavallee Brensinger Architects of Manchester.
Franklin Savings Bank purchased $15,000 in CDFA tax credits to assist the Boys & Girls Clubs of Central NH with transforming the Penacook Community Center into a new 7,500-square-foot childcare and youth development center. The project is expected to cost $5.7 million.