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  • Gov. Malloy Announces Italian Aerospace Company Expanding and Establishing Presence in Connecticut

    Governor Dannel P. Malloy today announced that Pietro Rosa TBM, a leading manufacturer of compressor airfoils for gas turbines and complex structural components, has acquired Farmington-based New England Airfoil Products and, in addition to retaining the company's current workforce, will be creating 100 new positions over the next five years.

  • Gov. Malloy: AQR Capital Management to Expand, Add Up to 600 New Jobs in Connecticut

    Governor Dannel P. Malloy today announced that AQR Capital Management, a global investment management firm, plans to expand its headquarters and operations in Connecticut over the next ten years - a more than $72 million project that will retain 540 jobs, create up to 600 new jobs, and significantly increase the firm's economic impact in the state.

  • Gov. Malloy: Leading International Energy Retailer Expands in Connecticut

    Governor Dannel P. Malloy today announced that Crius Energy, through its wholly owned subsidiary Regional Energy Holdings, will relocate its headquarters to Norwalk, where the company will retain its 200 jobs and create 225 new positions within the next four years.

  • Gov. Malloy: Small Business Express Program has Supported 1,500 Companies to Expand and Create Jobs

    Governor Dannel P. Malloy, joined by Department of Economic and Community Development (DECD) Commissioner Catherine Smith, today announced that the state's Small Business Express Program (EXP) has reached a new milestone. With an economic toolkit the state did not have prior to the Governor's administration, more than 1,500 Connecticut companies have been supported by the program, helping create and retain over 22,000 jobs.

  • Gov. Malloy Announces Latest Round of Funding to Help Remediate and Revitalize Connecticut Brownfields

    Governor Dannel P. Malloy today announced that the Department of Economic and Community Development (DECD) is providing $7.9 million in grants to 14 towns and cities across the state for brownfield remediation and assessment activities. The projects comprise 187 acres of redevelopment.

  • Gov. Malloy: Connecticut Kicks Off 2014 Tourism Season

    Governor Dannel P. Malloy today announced that the state Department of Economic and Community Development (DECD) and its Office of Tourism released new tracking results that demonstrate the $22 million Statewide Tourism Marketing Fund investment over the course of 18 months has generated measurable gains in overall tourism spending to the state and has helped increase positive awareness of Connecticut as a place to visit.

  • Gov. Malloy: Eight Schools and School Districts Awarded New Arts in Education Grants

    Governor Dannel P. Malloy, joined by State Department of Education (SDE) Commissioner Stefan Pryor and Department of Economic and Community Development (DECD) Commissioner Catherine Smith, today announced the awardees of a new Arts in Education grant program designed to strengthen arts instruction by facilitating partnerships between schools and artists and arts organizations.

  • Gov. Malloy: Three Small Hartford Area Businesses Receive EXP Grants

    Governor Dannel P. Malloy today announced that three Hartford area small businesses have qualified for grants through the state’s Small Business Express Program (EXP) to expand their businesses and create jobs. EXP was created as part of the bipartisan jobs bill that was passed during the October Special Session.

  • Gov. Malloy: Investing in Innovation Will Grow Our Economy

    Governor Dannel P. Malloy today announced a $500,000 state loan to Lumachip Inc., a Waterford company that is a leader in the solid-state lighting industry. Lumachip Inc. will purchase and install state-of-the-art Light Emitting Diode (LED) semi-conductor equipment that will allow the company to expand manufacturing capacity and hire 20 new employees.

  • Gov. Malloy: Jackson Laboratory Plans Approved; Connecticut "Ready to Claim Our Share" of $284B Personalized Medicine Industry

    Governor Dannel P. Malloy today announced that a final agreement between the state and Jackson Laboratory (JAX) has been fully negotiated and approved by the relevant boards. To commemorate the event, the Governor hosted a ceremonial bill signing at the UConn Health Center (UCHC), the site where the new billion-dollar, personalized medicine laboratory that will create more than 6,800 permanent jobs will be located.

  • Gov. Malloy: Retail and Service Entrepreneurs are Job Creators

    Governor Dannel P. Malloy today announced that five Connecticut small businesses located in Berlin, Mansfield, Meriden, Stamford and Westport have qualified for assistance through the state’s Small Business Express Program (EXP). The program was created as a part of the bipartisan jobs bill passed during last year’s jobs special session to encourage business expansion and job growth.

  • Today: Gov. Malloy Holds News Conference on State's Long-Term Financial Health, Kicks Off City Canvas Arts Project

    This afternoon, Governor Dannel P. Malloy will hold a news conference on the state’s long-term financial health.

  • Gov. Malloy: Small Business Development Center Partners With Public, Private and Higher Education Institutions to Strengthen Small Businesses and Create Jobs

    Governor Dannel P. Malloy, joined by Small Business Administration (SBA) Associate Administrator for the Office of Capital Access Jeanne A. Hulit, Department of Economic and Community Development (DECD) Commissioner Catherine Smith, University of Connecticut Vice President of Economic Development Mary Holz–Clause, and Business Council of Fairfield County President and CEO Chris Bruhl, today launched the state’s newest economic development tool, the Small Business Development Center (SBDC).

  • Gov. Malloy: Cannondale Expands Operations, Establishes Wilton Headquarters

    Governor Dannel P. Malloy today announced that the State Bond Commission will consider a $3 million loan to assist Cannondale Sports Unlimited (CSU) establish a new headquarters and add 75 new jobs in Wilton. The company will handle marketing, research and development, and product design in approximately 50,000 square feet of leased space in Wilton's I-Park.

  • Gov. Malloy: $10 Million Awarded to Clean Up Brownfield Sites

    Governor Dannel P. Malloy, joined by Department of Economic and Community Development (DECD) Commissioner Catherine Smith, today announced that DECD awarded $10,507,339 in loans and grants to remediate nine brownfields located throughout the state. Clinton, Hartford, Middletown, New Haven, Vernon, Waterbury, and Watertown will use the funding to clean up the polluted properties and redevelop the sites for affordable housing and mixed use development.

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