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Gov. Malloy: NewOak Capital Establishes New Operations in Danbury
Governor Dannel P. Malloy, joined by Department of Economic and Community Development (DECD) Commissioner Catherine Smith, and state and local officials, today announced that NewOak Capital, a financial services firm based in New York City, will establish NewOak Credit Services, LLC in Danbury. The expansion is expected to create up to 100 new jobs within three years.
Gov. Malloy: State Issues Action Plans for $82.5 Million in Federal Storm Sandy Recovery Funds
Governor Dannel P. Malloy today announced that the state has released two action plans describing how a total of $82.5 million in federal relief funds will be expended to address the critical needs of Connecticut residents affected by Storm Sandy.
Gov. Malloy: Norwalk's Akademos Will Expand, Create Jobs
Governor Dannel P. Malloy today announced $400,000 in grants and loans to Norwalk-based Akademos, Inc. The funding, through the Department of Economic and Community Development (DECD), will help the online book seller expand its operations and hire seven additional employees.
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 Announces Emergency Assistance for State's Weather-Damaged Farms
Governor Dannel P. Malloy today announced emergency assistance is available to the Connecticut farms that have suffered unrecoverable losses in production and property damage in 2013 due to severe weather events, including excessive precipitation this past month. A total of $5 million has been designated for these grants, with individual awards based on the number of qualifying applications received by the July 15, 2013, deadline.
Gov. Malloy: Wallingford's Z-Medica Growth Will Create Jobs, Expand Clinical Research
Governor Dannel P. Malloy today announced a $1.7 million loan to assist Wallingford medical device manufacturer Z-Medica buy new equipment in support of the company's current expansion plans. Z-Medica makes and distributes sterile traumatic wound products that rapidly stop high volume blood loss.
On Monday afternoon, Governor Dannel P. Malloy will hold a bill signing ceremony at Test Logic, a small business located in Middletown, where he will sign legislation (Public Act 13-56) that allows the state to prioritize economic assistance to certain businesses that are pursuing global commerce and will help get more Connecticut products into foreign markets.
Governor Dannel P. Malloy today announced that Connecticut-based General Dynamics Electric Boat, the world’s premier designer and builder of nuclear submarines, is expanding its facilities in Groton to meet increased hiring and industry demands.
Gov. Malloy Honors Labor Day with Grant Announcement for One-of-a-Kind Art Project
In advance of Labor Day Weekend, Governor Dannel P. Malloy, joined by Congressman John Larson, state and local officials, American Mural Project (AMP) founder Ellen Griesedieck and Department of Economic and Community Development (DECD) Deputy Commissioner Kip Bergstrom, today announced the awarding of a one million dollar challenge grant in support of the American Mural Project, a tribute to American workers depicting people in professions that helped build the United States of America.
Gov. Malloy Announces Two New Early College Programs in Eastern Connecticut
Governor Dannel P. Malloy today announced that two new integrated high school and college programs in Windham and New London will launch in the fall of 2015. Modeled after IBM’s much heralded Pathways in Technology Early College High School programs (P-TECH), the Connecticut Early College Opportunity (CT-ECO) programs are Grade 9-14 experiences that allow students to earn an associate degree in addition to a high school diploma.
Gov. Malloy: FuelCell Energy Expansion Advances Connecticut's Long-Term Energy Goals
Governor Dannel P. Malloy today announced that Danbury-based FuelCell Energy Inc. will begin a two-phased expansion of its Torrington manufacturing facility. The company expects the project to add up to 325 new jobs over the next four years to its existing Connecticut workforce of 538 employees.
Gov. Malloy: Connecticut Investment in Bioscience Continues to Pay Dividends
Governor Dannel P. Malloy today announced that a new, state-of-the art genomics research facility is being established in Branford by the renowned Icahn School of Medicine at Mount Sinai. Mount Sinai, a leader in biomedical research, medical and scientific training and patient care, is expanding into Connecticut and anticipates creating 142 new full time jobs over the next five years.
Governor Dannel P. Malloy today announced that the Connecticut Department of Economic and Community Development (DECD) is accepting applications for a new round of funding of up to $1.5 million that will be awarded to advance the remediation and redevelopment of historically significant brownfield sites throughout the state.
Governor Dannel P. Malloy today announced the Connecticut Department of Economic and Community Development (DECD) has awarded $1,698,400 in assessment grants to 11 municipalities to support property cleanup and advance the development of brownfield sites throughout the state.
Gov. Malloy: UBS Commits to Connecticut Through 2021
Governor Dannel P. Malloy today announced UBS and the state have amended their partnership agreement, re-affirming UBS’s commitment to the state through 2021.
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