Connect with us

Hi, what are you looking for?

Top Stories

Governor Ayotte Demands AG Review $67M Sale to Chinese Firm

URGENT UPDATE: New Hampshire Governor Kelly Ayotte has officially requested a review by the state’s attorney general regarding a controversial sale of a property in Nashua to a major Chinese company. This development comes as questions loom over the $67 million purchase of an empty warehouse at 80 Northwest Boulevard, a deal reported to be four times higher than its assessed value of $15 million.

The warehouse was acquired by Nongfu Spring, China’s largest water packaging supplier, prompting concerns about foreign ownership of New Hampshire property. Governor Ayotte expressed her worries, stating, “We don’t want the Chinese Communist Party owning property in New Hampshire at all.” She emphasizes the need for transparency, calling for a thorough examination of the circumstances surrounding this significant purchase.

The sale, first reported by News 9 Investigates earlier this month, raises alarms within the local government. The mayor of Nashua claims that under the Sununu administration, the state’s Division of Economic Development facilitated the introduction of Nongfu Spring to the area, a claim that has heightened scrutiny on the transaction.

Ayotte’s request for an investigation comes amid a backdrop of rising tensions over foreign investments in U.S. properties. “I decided to ask the attorney general to do a full examination of the facts and circumstances of this purchase and what the purchase was made for and how this came about,” Ayotte explained.

Officials from the Division of Economic Development have voiced their support for the review but are limited in their comments due to the ongoing investigation. They, too, are concerned about the implications of allowing foreign entities to acquire significant assets within the state.

As this story develops, residents and officials alike are left wondering what the implications of such a sale could mean for the local economy and security. The governor’s call for scrutiny reflects a growing sentiment among New Hampshire residents who are wary of foreign influence.

Next Steps: The attorney general’s office is expected to respond to the governor’s request shortly. Residents are urged to stay informed as this critical investigation unfolds.

For up-to-the-minute updates, download the free WMUR app available on Apple and Google Play. Share this article to keep your community informed about this urgent matter!

You May Also Like

Technology

Tesla (TSLA) recently reported a year-over-year drop in second-quarter deliveries, yet the market responded with optimism, pushing the stock up by 5%. This unexpected...

Health

The All England Lawn Tennis Club in London experienced its hottest-ever opening day on Monday, as the prestigious Wimbledon tournament kicked off under unprecedented...

Science

Look out, daters: a new toxic relationship trend is sweeping through the romantic world, leaving many baffled and heartbroken. Known as “Banksying,” this phenomenon...

Technology

In a bold reimagining of the DC Universe, director James Gunn has introduced a significant narrative element in his latest film, which reveals that...

Entertainment

Netflix’s eagerly anticipated talent competition Building the Band is set to premiere on July 9, promising an emotional journey for viewers. This series, centered...

Technology

Former Speaker of the House Nancy Pelosi has recently made headlines with her latest investment in the tech sector. According to official filings, she...

Entertainment

A new documentary series titled “Animals on Drugs” is set to premiere on the Discovery Channel on July 28, 2023. The three-part series follows...

Technology

The answer to today’s NYT Wordle, dated August 8, 2025, is the verb IMBUE. This word, which means “to fill or saturate,” features three...

World

The first dose of the hepatitis B vaccine is recommended at birth, a practice that has come under scrutiny following recent comments by Health...

Technology

The Evo 2025 tournament is set to take place from August 1 to August 3, 2025, showcasing some of the most popular fighting games...

Sports

ZAGREB, Croatia — A concert by Marko Perkovic, a right-wing Croatian singer known for his controversial views, attracted tens of thousands of fans to...

Politics

Billionaire hedge fund manager Bill Ackman faced significant backlash following his professional tennis debut at the Hall of Fame Open in Newport, Rhode Island,...

Business

Erin Dana Lichy, a prominent cast member of “Real Housewives of New York,” has officially settled into her dream home, a grand townhouse located...

Lifestyle

The upcoming TRNSMT 2025 festival is set to take place from July 7 to July 9, 2025, at Glasgow Green, and organizers have released...

Sports

As the summer of 2025 unfolds, the video game industry is set to deliver a diverse array of new releases that promise to captivate...

Technology

Meta has officially opened preorders for its new Oakley smart glasses, the limited edition HSTN, ahead of their anticipated release on July 22, 2023....

Copyright © All rights reserved. This website provides general news and educational content for informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the information presented. The content should not be considered professional advice of any kind. Readers are encouraged to verify facts and consult appropriate experts when needed. We are not responsible for any loss or inconvenience resulting from the use of information on this site.