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Gov. Malloy: Minority-Owned Businesses Have a Large Role in State's Economic Resurgence
Governor Dannel P. Malloy today announced the state will provide $2 million to support minority contractors through the Hartford Economic Development Corporation (HEDCo).
Gov. Malloy: CareCentrix Growing Presence in Connecticut With New Stamford Office
Governor Dannel P. Malloy today announced that CareCentrix is expanding its Connecticut operations with a new office in Stamford after finalizing a lease agreement on Wednesday. In June 2012, CareCentrix became the fifth company to participate in Governor Malloy’s “First Five” program, a job creation initiative administered by the Department of Economic and Community Development (DECD).
Gov. Malloy: Economic Development Critical at Waterbury-Oxford Airport
Governor Dannel P. Malloy, joined by Connecticut Airport Authority Chair Mary Ellen Jones and Department of Economic and Community Development (DECD) Commissioner Catherine Smith, today announced that the 11-member Connecticut Airport Authority (CAA) Board of Directors has unanimously voted to create an economic development incentive zone at Waterbury-Oxford Airport, Connecticut's busiest general aviation airport.
Governor Dannel P. Malloy, joined by U.S. Commerce Department Acting Director of International Trade Ken Hyatt, Congresswoman Rosa DeLauro, Department of Economic and Community Development (DECD) Commissioner Catherine Smith, state and local officials, and representatives of the Connecticut Business and Industry Association (CBIA) today celebrated the passage of Public Act 13-56 – An Act Concerning Encouraging the Exportation of State Products and Services Through the Small Business Express Program.
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: $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.
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: 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, 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 Tours Growing Nutrigenomics Startup in Hartford
Governor Dannel P. Malloy today toured the Hartford headquarters of ThinkitDrinkit, a recipient of state assistance through the Small Business Express Program (EXP) and the Subsidized Training and Employment Program (STEP UP) which have helped the startup company grow steadily over the last year and hire more than 20 new employees.
Governor Dannel P. Malloy today announced $3.5 million in loans and grants to Alstom to support the company's $25 million dollar modernization project at its headquarters in Windsor.
Gov. Malloy: Flanagan Industries Expanding in Glastonbury
Governor Dannel P. Malloy today announced a $2.5 million loan to assist Flanagan Brothers, Inc. (doing business as Flanagan Industries), a second-generation jet engine and ground turbine component manufacturer in Glastonbury.
Gov. Malloy Announces Opportunities to Remediate and Revitalize Brownfields in Connecticut
Governor Dannel P. Malloy today announced the Connecticut Department of Economic and Community Development (DECD) is now accepting applications for its 10th round of competitive grant funding that will provide up to $5 million to remediate and redevelop brownfield sites throughout the state.
Governor Dannel P. Malloy is applauding the decision of Germany-based Henkel Corporation to relocate its Laundry & Home Care and Beauty Care headquarters across the country from Arizona to Stamford, Connecticut, where the company plans on expanding in a $50 million project that will create up to 266 new jobs in the state.
Gov. Malloy Announces Xerox to Keep Headquarters, Jobs in Norwalk
Governor Dannel P. Malloy today announced a partnership with the Xerox Corporation that secures the company’s headquarters and 150 jobs in Norwalk, where it has been located since 2008. As part of the project, Xerox may add between 20 to 40 new jobs over the next four years.