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MAY 2004
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NEW ENGLAND REGIONAL REVIEW


Keene Keen On Optics Cluster

Janos Technology building in Keene, N.H.
Janos Technology, a specialist in advanced infrared optics, is moving from Townsend, Vt., to this building in Keene, N.H.
Janos Technology, a leader in advanced infrared optic components and assemblies, is moving 40 miles (64 km.) from Townsend, Vt., to Keene, N.H. Janos will move into a 35,000-sq.-ft. (3,252-sq.-m.) facility owned by the Monadnock Economic Development Corporation (MEDC) in Keene's Black Brook Corporate Park. Growth necessitates the move, according to Brett Rosner, president of Janos.
        The move will also put the company closer to some of its suppliers. Keene is home to several other infrared companies including Corning NetOptics as well as Precitech, one of Janos' key suppliers. Janos' new facility will allow it to streamline manufacturing processes. The company employs about 75 and plans to hire about 25 more people over the next two years.
See the SITES

Maine & Co.
www.maineco.com

MassDevelopment
www.massdevelopment.com

New Hampshire
Economic Development
www.nheconomy.com

Rhode Island Economic
Development Corporation
www.riedc.com

Vermont Economic
Development Authority
www.veda.org


        Dunkin' Donut shops are about as ubiquitous in New England as coffee shops in Seattle. The doughnut specialist's parent company, Allied Domecq Quick Service Restaurants (which also owns the brands Baskin-Robbins and Togos) will move into a new 175,000-sq.-ft. (16,257-sq.-m.) headquarters building in Canton, Mass., in October 2004. The new facility will consolidate employees at one location from four headquarters buildings in Randolph and two buildings in Braintree. Once complete, the three-story building will house approximately 600 employees.

Carcieri Proposes New Incentives

Hoping to spur some high-tech development in his state, Rhode Island Gov. Donald Carcieri's 2005 budget calls for allocating $4 million to the Samuel Slater Technology Fund to boost investment in high-tech start-up companies. Carcieri is also proposing the Creative Company Act, designed to establish entrepreneurial companies in the state. The Act would allow the state's Economic Development Corporation to grant capital gains tax exemptions for investors, owners and managers of up to 20 companies per year achieving significant growth in Rhode Island. To qualify for the incentive, a company must create and maintain 200 jobs or $10 million in Rhode Island payroll.
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