New Hampshire Corporate 2011 Annual Earnings On Fire Under Obama

I found three Corporations, headquartered in New Hampshire, which file with the SEC, and which had Pretax Income or Pretax Loss of more than $40 mil in any of the most recent three fiscal years.

These three New Hampshire Corps, had their Total Pretax Earnings in 2011 increase by an incredible 70% over 2010, and increase by an even higher 111% over 2009.

In deriving Pretax Income, I start with Pretax Income under Generally Accepted Accounting Principles (GAAP), and then exclude several clearly unusual very large items relative to Pretax Income, such as Asset Impairments, and Gains and Losses on both Debt Retirements and Asset Dispositions.

New Hampshire citizens should be extremely proud of the operating performance in the most recent two years of their superb New Hampshire Corporations.


Clearly, the Obama Administration has created an economic environment that has permitted these New Hampshire Corporations to flat-out flourish. 

New Hampshire is very fortunate to have Jeanne Shaheen as one of its US Senators.  She is a strong advocate for New Hampshire businesses of all sizes.

Below here is the New Hampshire headquarters location and the Sector of each of these three New Hampshire Corporations.  

New Hampshire Corporation	New Hampshire HQs	Sector
GT Advanced Technologies	Merrimack	Technology: Semiconductors
Standex Intl	Salem	Manufacturing: Refrigeration and Service Industry Machinery
PC Connection	Merrimack	Retail: Catalog and Mail Order

And below here is the Pretax Income (PTI) of these three New Hampshire Corps for each of the most recent three years, with the most recent fiscal year ends ranging from June 2011 to December 2011.

					Obama
					Bump
				PTI(L)	PTI(L)
				1 Year	2 Year
	PTI(L)	PTI(L)	PTI(L)	%	%
	2011	2010	2009	Change	Change
	mils $s	mils $s	mils $s
New Hampshire
GT Advanced Technologies	271	140	142	94%	91%
Standex Intl	50	39	21	28%	138%
PC Connection	47	38	11	24%	327%
Total all 3	368	217	174	70%	111%