Greater Nashua
Outgoing BEA commissioner sheds light on Nongfu Spring deal
NASHUA - Before leaving office on Oct. 17, Taylor Caswell, commissioner of the state Department of Business and Economic Affairs, responded to a litany of questions from three members of the Executive Council regarding the BEA’s involvement in the Nongfu Spring real estate transaction. A battery of 16 questions from Executive Councilors David Wheeler, Joseph Kenney and John Stephen was prompted after the Department of Justice investigated the $67 million deal. In his responses, Caswell, who led the BEA since its inception in 2017, said the agency did not “actively recruit” Nongfu to do business in New Hampshire. He said that in May 2024, the BEA began providing Nongfu with information on how to convert the 23-acre building at 80 Northwest Blvd. into a water bottling facility. Caswell assured the councilors that the BEA made no monetary effort to bring Nongfu to the Granite ...
