State trade fact sheets - New Hampshire

Bridge Steel Fabricator Sold to Quebec Investors

Structural steel manufacturer Canam Group’s Canam Bridges subsidiary in Claremont was sold in 2020 to a group of investors from Quebec. The group, including the Marcel Dutil family who originally started Canam over 60 years ago before selling it off, purchased the company along with a plant in New Jersey and existing Canam plants in Quebec, Ontario and Calgary. The operation in Claremont will continue to employ over 130 people.

Canadian Expertise in Concord

Superior Plus of Toronto acquired Concord, New Hampshire-based Rymes Propane and Oil in the Fall of 2020. The acquisition has expanded the company’s U.S. propane distribution and will provide a high-quality and stable cash flow for the local establishment. Rymes has 46 locations serving 90,000 customers throughout New England and employs close to 400 people.

A Borderlands Biking Destination

In 2019, seven organizations in New Hampshire, Maine, Vermont and Quebec launched an effort to promote mountain biking and boost the area’s economy. The effort, entitled “Borderlands,” has a goal to make seven mountain biking areas encompassing 220 miles of trails more prominent by putting them under one marketing entity. Taylor Caswell, New Hampshire’s Commissioner of Business & Economic Affairs and a strong proponent of furthering economic ties with Canada and supporter of the project, noted that Borderlands could highlight the North Country as a great place to live, as well as make it more attractive to Canadian tourists. New Hampshire’s part of the project, containing three of the seven areas, has already received $150,000 from public and private sources including the U.S. Department of Agriculture Rural Development.