The Berlin Daily Sun, Thursday, December 22, 2011

Page 1

THURSDAY, DECEMBER 22, 2011

VOL. 20 NO. 161

BERLIN, N.H.

752-5858

FREE

Two companies looking at purchasing Isaacson Steel BY BARBARA TETREAULT THE BERLIN DAILY SUN

BERLIN – Two companies are interested in purchasing the assets of the Isaacson Steel companies, which filed for Chapter 11 bankruptcy in June. Isaacson President Arnie Hanson said the companies are looking at both the warehouse operation (Isaacson Steel) and the fabrication shop (Isaacson Structural Steel). He said the companies are looking at running the businesses in Berlin and retaining a

large majority of existing employees. “Right now it looks good,” said Hanson, in an e-mail correspondence. “While the companies are not Berlin companies, both are interested in leaving the businesses in Berlin to operate as they have in the past.” Hanson did not release the names of the interested parties but said he hopes to have an agreement filed with the bankruptcy court by the end of the year. Hanson confirmed that Isaacson Chief Financial Officer Steve Griffin resigned from the Isaacson

companies last Friday but had no comment on the resignation. Hanson said he does not expect to be involved with the companies if they are sold. He said his sole focus right now is to save as many of the 140 jobs as possible. “Our employees are the best I’ve had the privilege to work with and they deserve to keep their jobs,” he said. Isaacson Structural Steel is currently involved in construction of the 26-story Liberty Mutual buildsee ISAACSON page 22

Team honored for work prosecuting Mehdi Gabayzadeh BY BARBARA TETREAULT THE BERLIN DAILY SUN

BERLIN-GORHAM – The team that investigated and successfully prosecuted American Tissue CEO Mehdi Gabayzadeh has been recognized by the U.S. Attorney General for its work on the case. Assistant U.S. Attorney General James Miskiewicz and FBI Special Agents Charles Butruch and

Angela Jett were among 163 members of the Department of Justice honored at an awards ceremony held this month in Washington, D.C. by Attorney General Eric Holder and Executive Office for U.S. Attorneys Director H. Marshall Jarrett. Miskiewicz, Butruch, and Jett received the director’s award “for superior performance by a litigative team for their determined and successful investiga-

tion and prosecution of defendant Mehdi Gabayzadeh…” A release issued by the U.S. Attorney for the Eastern District of New York, called the case one of the department’s most significant corporate fraud cases. In 2005, the then 60-year old Gabayzadeh was convicted of eight charges including bank and secusee HONORED page 5

Restaurateur hosts Christmas party for Army recruiters and families BY TOM EASTMAN THE CONWAY DAILY SUN

St. Vincent de Paul Rehabilation and Nursing Center reccently held their door decorating contest. Residents as well as employees decorated doors and this special display was in the dining room. John Stewart won in the ‘Special Judge Award’ category. Judges were Bernie Guay from Northway Bank and Rita Dube from the Berlin Daily Sun. (RITA DUBE PHOTO)

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CONWAY — Soldiers and their families were given a special holiday treat when they held their Christmas party in North Conway last Saturday. Playing a key role in the party was Army Staff Sgt. Derrick Mead, 33, a Mount Washington Valley native and a 1997 graduate of Kennett High, and son of Mary and Ralph Mead of Duprey Road in North Conway. Formerly an Army-trained sniper and instructor, with three tours of duty in Iraq, the 11-year Army veteran for the past five months has been a recruiter based in Berlin with fellow Staff Sgt. Patrick Sens. That post allows him to live back home near his parents with his wife — 1995 Kennett High graduate Sara (Brace) Mead — and their four daughters. They are renovating one of their parents’ Duprey Road homes, according to Mead. He was asked by a fellow recruiter from Man-

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