A History of Giving
In 1936, amidst the Great Depression, a group of Manchester businessmen including PSNH’s Avery Schiller made a daring and pivotal decision to invest in their Queen City. This investment and legacy of commitment set a standard of giving back to the community – a standard that PSNH proudly upholds today.
By the middle of the 19th Century, Manchester’s Amoskeag Manufacturing Co. was the leading cotton mill in the world and the city’s largest employer with upwards of 18,000 local workers. 1935 ended with the mighty mill shut down, and the company bankrupted and ordered to be liquidated.
To save what was left, a new corporation was formed and given the name Amoskeag Industries, Inc. This was possible in large part due to the tenacity of businessmen like Schiller. Under his leadership, PSNH bought Amoskeag's Manchester Steam Building and also invested 20 percent of the funding needed to get Amoskeag on its feet again.
Amoskeag Industries has moved on, but its lasting impression continues to be felt by the city’s many workers who still walk the millyard’s brick halls today. PSNH too, occupies the walls that Schiller helped save; our new headquarters at Energy Park is, in fact, the resurrected Manchester Steam Building.
It is with this inspiration and history that Public Service of New Hampshire continues to give back to the community through employee volunteerism, corporate sponsorship, and development grants. We believe that giving is both a responsibility and an investment in the community at large – and like Schiller, we prefer to lead by example.
For us, giving back to the community is only natural:
- We live and work in 211 communities throughout the Granite State
- PSNH provides a vital service to the NH community; and, similarly the health vitality of those communities are vital to our success as a company
- After spending over 80 years advocating for the advancement of NH, we have a strong desire to see it move forward in the future
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