Is Pennichuck Water Board Poised to Approve Selling Nashua’s Water Supply to Chinese Company?

China’s largest beverage company, Nongfu Spring, is setting up operations in Nashua after spending $67 million on an industrial building.

But the property’s location, adjacent to the Pennichuck watershed area that supplies drinking water for the city, raises questions about where Nongfu will get its H2O.

Pennichuck Pond

Recent developments have sparked public concern about the potential sale of Nashua’s water resources to a foreign entity. A significant real estate transaction and subsequent hiring activities have brought those issues to the forefront, prompting questions about the future of the city’s water supply.

According to online records, in February 2025, STAG Industrial sold a 337,391-square-foot industrial property at 80 Northwest Boulevard in Nashua for a staggering $67 mill