New Balance already has two factories in Massachusetts, and three in Maine. Dave Wheeler, the chief operating officer at New Balance, said the company had been eyeing a move into New Hampshire to create a “broader portfolio” for about two years. “We’re really the only athletic brand that produces athletic wear in the US. It’s a competitive advantage for us,” he said. The $70 million facility will be around 100,000 square feet, with 20,000 square feet of office space and 80,000 square feet for manufacturing.
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