NBR Diamond Tool relocating to New Hampshire

Foster's Daily Democrat, August 15, 2011

[The following article is courtesy of the Foster's Daily Democrat]

Courtesy photo Phil Renzi, President of Diamond Took, left, stands at the construction site with Michael Bergeron, Business Development Manager, NH Division of Economic Development.

HAMPTON — The Seacoast can celebrate the arrival of a new jewel to the area as NBR Diamond Tool Corporation has relocated from New York to Hampton. This manufacturer of diamond impregnated, metal bonded tools for the ceramic glass industry was formerly located in Lagrangeville, N.Y., and is a small family run business that traces its roots to 1976. The company has purchased 2,300 square feet of industrial condominium space and will employ four workers.

"This is another example of a small company that is interested in moving to a state that has a great message of low taxes, great quality of life and responsive government," said New Hampshire Division of Economic Development Business Development Manager Michael Bergeron who assisted Diamond Tool's relocation. "New Hampshire is a perfect place for a family run business like Diamond to make great things happen."

"I love New Hampshire," said N.B.R. Diamond Tool President Phil Renzi. "I couldn't wait to leave New York and the high taxes. New Hampshire also has better schools and a great quality of life."

With an expected opening date of September, NBR Diamond Tool is looking to hire machinists for metal lathing, cutting and grinding.