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Gov. Malloy: Investment in Precision Manufacturing Will Create Jobs
Governor Dannel P. Malloy today announced that the State Bond Commission voted to approve a $5 million loan to APS Technology, Inc. a global provider of high technology and services to the oil and gas drilling industry.
Gov. Malloy, Lt. Gov. Wyman, Business Leaders Discuss Small Business Growth and Economic Development
Governor Dannel P. Malloy, Lieutenant Governor Nancy Wyman, and Department of Economic and Community Development (DECD) Commissioner Catherine Smith today hosted a roundtable discussion at the Capitol with more than 30 Connecticut businesses that have received funding through the Small Business Express (EXP) program.
Gov. Malloy Announces New Tenant at Colt Gateway
Governor Dannel P. Malloy today announced that Foley Carrier Services, LLC has relocated its operations from Glastonbury to a 17,000 square foot space in the South Armory of Colt Gateway in Hartford. The move brings 110 jobs to Hartford immediately, with plans to add up to 70 new jobs within three years.
Gov. Malloy: Charter Communications Establishing Corporate Headquarters in Connecticut
Governor Dannel P. Malloy announced today that Charter Communications, Inc., a Fortune 500 company and the fourth-largest cable operator in the United States, plans to establish its headquarter office in downtown Stamford. Charter will invest more than $10 million and intends to bring 200 jobs to the area, which includes the majority of its executive officers. Charter will lease an approximately 70,000 square foot space at 400 Atlantic Street.
Gov. Malloy: Report Reviews Economic Development Potential for State's Deep Water Ports
Governor Dannel P. Malloy today announced the completion of the Connecticut Deep Water Port Strategy Study which was commissioned by Connecticut's Department of Transportation (DOT) to guide the development of a long-term economic development strategy for the deep water ports in Bridgeport, New Haven, and New London. The study makes recommendations to protect existing commercial operations at these ports, and identifies new opportunities for business growth.
Gov. Malloy: Cable Manufacturer Expanding in Plainfield
Governor Dannel P. Malloy today announced the state will provide a $1.5 million loan to support C&M Technologies’ plan to acquire more manufacturing equipment. The project will help retain the company’s current 178 employees and will allow the company to add 21 full-time positions in the next two years.
Gov. Malloy Announces Support for Thomas G. Faria Corporation
Governor Dannel P. Malloy today announced a $3.5 million loan to Montville-based Thomas G. Faria Corporation in support of its planned expansion and acquisition of an out-of-state firm.
Gov. Malloy: Infinity Music Hall Coming to Hartford
Governor Dannel P. Malloy today announced that the Department of Economic and Community Development (DECD) has requested $1.3 million in bond funding to assist Norfolk's Infinity Music Hall and Bistro in opening a second, larger location in the Front Street District of Hartford.
Gov. Malloy Appoints Three to CT Housing Finance Authority Board
Governor Dannel P. Malloy has appointed three state residents to fill vacancies on the Board of Directors of the Connecticut Housing Finance Authority (CHFA). Kathleen Corbet of New Canaan, Nuala Droney of West Hartford and Richard Orr of West Hartford joined the board at the end of August.
Gov Malloy Advance Auto Parts Building Distribution Center in Enfield
Governor Dannel P. Malloy today announced that the state will provide a $5 million loan to support Advance Auto Parts and its plan to establish a distribution facility in Enfield at the former Lego building, a project that will create between 100 and 200 jobs. The State Bond Commission is expected to approve the funding at its next meeting.
Gov. Malloy: Bridgewater Associates to Join "Next Five," Will Create Between 750 and 1,000 Jobs
Governor Dannel P. Malloy today announced that Bridgewater Associates, one of the world's leading hedge funds, intends to build a state-of-the-art corporate headquarters in Stamford. The $750 million project will be built along the waterfront in the Harbor Point development. To fully maximize the benefits under the agreement Bridgewater will create up to 1,000 high-level jobs within 10 years and also retain its current workforce of 1,225 employees.
Gov. Malloy Announces Funding for Affordable Housing, Lays Out Overall Agenda
Governor Dannel P. Malloy, joined by Lt. Governor Nancy Wyman, Department of Economic & Community Development (DECD) Commissioner Catherine Smith and Connecticut Housing Finance Authority (CHFA) Executive Director Eric Chatman, today announced a major commitment to increase the amount of affordable housing in the state in recognition of its fundamental impact in growing jobs and creating a strong economic base.
Gov. Malloy Announces Deloitte to Expand in Connecticut
Governor Dannel P. Malloy today announced that Deloitte is expanding operations in Connecticut across its Hartford, Stamford and Wilton locations. The project will create between 200 and 500 new jobs and retain all 1,153 existing Deloitte employees in the state. The positions range from entry level to high-level executive jobs.
Gov Malloy New Distribution Center in Windsor will Create 200 Jobs
Governor Dannel P. Malloy today announced that Dollar Tree, Inc., which recently acquired a site in Windsor, will build a one-million-square-foot, $104 million distribution center and hire a minimum of 200 people within the next five years.
Gov. Malloy: Back9Network will Cover the Links from Hartford
Governor Dannel P. Malloy today announced that a new company has established its corporate headquarters and will launch a multi-platform cable golf network in Hartford, a project that is expected to create hundreds of jobs over time and breathe new life into the downtown area.