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Business Notes: Meriden Man Named Loan Officer for Grafton County Economic Development Council

Meriden — The Grafton County Economic Development Council has appointed Bruce Johnstone, of Meriden, to the position of loan officer to lead the effort to expand the council’s lending operations in the western half of Grafton County.

Johnstone has served as president and CEO of Indian Head National Bank and president of Fleet Bank NH. He also was the owner and manager of Central Supply Inc., a distributor of plumbing, heating and electrical supplies in Lebanon, from 1991 until selling the business two years ago.

“Bruce’s strong experience in banking as well as leading Central Supply’s impressive growth is just the background we were seeking when we created this lending position,” Mark Scarano, CEO of the Grafton County Economic Development Council, said in a news release.

Johnstone serves as a trustee of Alice Peck Day Health Systems Corp. and Alice Peck Day Memorial Hospital, a director of Northeast Delta Dental, and as director of the New England Handicapped Sports Association.

The council provides economic development loans to businesses, usually in partnership with area commercial lenders.

It is one of 10 state supported regional development corporations in New Hampshire that provide gap and subordinated financing opportunities for businesses. Its new lending office is at 20 West Park St., Lebanon.

For more information, email at bjohnstone@graftoncountyedc.org or call 603-727-8484.

Company News

Singleton’s General Store, which has been operating for 35 years in Proctorsville, Vt., plans to open a 7,300-square-foot market in Quechee at the end of February, one of the managers said last week.

Singleton’s Market will sell the same items that the Proctorsville store sells, including clothing, footwear, sporting goods, meats, seafood and the smoked meat products that have built the business’ reputation, said Hartland resident Jessica Hathorn, who will operate the store with her husband, Gabe.

The market will be open seven days a week and will carry most of the same items as the original store with the exception of guns, ammunition and liquor.

Upcoming Events

Upper Valley Business Education Series resumes in February with a seminar in basic grant writing, which includes preparation, research, writing and follow-up.

The seminar will be led by Pam McDonald, executive director of the Council on Fundraising. McDonald has more than 30 years of experience working with nonprofits. She has a bachelor’s degree from Stanford University and holds certificates from the Institute for Nonprofit Management at Antioch University New England, the Nonprofit Management Institute at Stanford University, and in Theological Studies from Episcopal Divinity School in Cambridge, Mass. She is a graduate of Leadership New Hampshire and Leadership Greater Concord.

The seminar is scheduled for Feb. 5, from 8-10 a.m., at the Fireside Inn and Suites in Lebanon. Registration and continental breakfast will begin at 7:30 a.m.

This event is sponsored by Ledyard National Bank and is hosted by the Hanover Area Chamber of Commerce, the Tuck School of Business at Dartmouth and the Upper Valley Chapter of SCORE.

Cost for chamber members, SCORE members, Tuck Alumni and nonprofits is $25; others $45. For more information, or to register online at www.hanoverchamber.org or call 603-643-3115.

Items of interest to the local business community are published every Sunday. Submissions may be mailed to: Business Notes, c/o Sunday Valley News, P.O. Box 877, White River Junction, Vt. 05001. You may also send your items by fax to 603-298-0212, or by e-mail to biznotes@vnews.com. All items are subject to editing for clarity or space.