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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.
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: Kayak to Expand and Create 50 Jobs in Stamford
Governor Dannel P. Malloy today announced the state will provide KAYAK Software Corporation with a $2.5 million loan to help the company renovate a building in Stamford to serve as the company’s headquarters.
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.
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.
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: 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 Announces New Round of Funding to Help Remediate and Revitalize Connecticut Brownfields
Governor Dannel P. Malloy today announced that the Connecticut Department of Economic and Community Development (DECD) is now accepting applications for its ninth round of competitive grant funding that will be awarded to help remediate and redevelop brownfield sites throughout the state. A total of $6.5 million will be earmarked for remediation projects and $1 million will be reserved for assessment projects.
Gov. Malloy Announces $8.7 Million for Brownfield Redevelopment in 16 Municipalities
Governor Dannel P. Malloy today announced that 16 municipalities across Connecticut are being awarded $8.7 million in state grants that will help the communities revitalize and remediate specific properties so they can be put back into productive use and attract new development that will benefit each town and city.
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.
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