Press Room
Page 16 of 21
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6/23/2013
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.
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6/20/2013
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.
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5/29/2013
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.
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5/13/2013
Gov. Malloy: State/Local Partnerships Restore Brownfield Sites for Economic Development
Governor Dannel P. Malloy, joined by Department of Economic and Community Development (DECD) Commissioner Catherine Smith and other state and local officials, today announced that Bridgeport, Naugatuck, Newington, North Haven, Plainville, and Trumbull will receive a total of more than $6.5 million in grants and loans to clean up eight blighted brownfield sites.
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5/10/2013
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.
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5/1/2013
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.
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4/23/2013
Gov. Malloy: Company Expansions in Wethersfield and Sprague Will Create and Retain 274 Jobs in Five Years
Governor Dannel P. Malloy today announced $5 million in loans to support the expansion of three Connecticut small businesses. The funding will help businesses in Wethersfield and Sprague expand operations, retain 156 jobs, and create 118 new jobs.
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4/17/2013
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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3/26/2013
Gov. Malloy Directs Additional Agencies to Implement Lean Processes that Create Further Efficiencies & Cost Savings
Governor Dannel P. Malloy today announced that he has directed the commissioners of each remaining state agency to begin implementing specific project management processes that have already shown positive results in several state agencies and are designed to maximize customer value while minimizing waste, create efficiencies, and ultimately save taxpayer dollars.
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3/21/2013
Gov. Malloy: Small Business Program on Track to Create and Retain Thousands of Connecticut Jobs
Governor Dannel P. Malloy, joined by Senate President Donald Williams, Speaker of the House Brendan Sharkey, and Department of Economic and Community Development (DECD) Commissioner Catherine Smith, held a ceremonial bill signing today for Public Act 13-2, An Act Making Manufacturing Assistance Act Funds Available for the Small Business Express Program. The legislation permits DECD to administer $60 million in funding under EXP guidelines rather than under the Manufacturing Assistance Act, where it was originally allocated.
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3/15/2013
Gov. Malloy: Navigators Group Moving Corporate Headquarters from NY to CT
Governor Dannel P. Malloy today announced that The Navigators Group, Inc., an international specialty insurance holding company, will move its corporate headquarters and additional operations from New York to Stamford, Connecticut. The project is expected to create 200 jobs in the state within the next five years.
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3/6/2013
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).
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3/4/2013
Gov. Malloy: $29 Million Investment to Bolster Housing Efforts
Governor Dannel P. Malloy today announced a state investment of more than $29 million in nine housing developments in Brookfield, Canaan, Hartford, New Haven, Vernon, and West Hartford.
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3/4/2013
Gov. Malloy: Economic Development Initiatives Help Small Businesses Create Jobs in Connecticut
Governor Dannel P. Malloy and Department of Economic and Community Development (DECD) Commissioner Catherine Smith today visited four small businesses in Manchester, Meriden, New Haven, and Stamford that are participating in the state's Small Business Express Program (EXP). The program, administered by DECD, offers grants and matching loans to Connecticut companies with 100 or fewer employees.
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2/28/2013
Gov. Malloy: Recycling Market Development Council Will Strengthen Economy, Create Jobs, and Protect Environment
Governor Dannel P. Malloy, joined by Department of Energy and Environmental Protection (DEEP) Commissioner Daniel Esty, Department of Economic and Community Development (DECD) Commissioner Catherine Smith, and state leaders, today announced the formation of the Recycling Market Development Council to expand and strengthen Connecticut's efforts to recapture valuable materials that are in the waste stream.