Henkel Plans Trumbull, Connecticut, Research-Development Operations
Chemical and consumer goods company Henkel plans to establish operations in Trumbull, Connecticut. The more than $70 million project is expected to create approximately 200 jobs.
Connecticut Project Announcements
Home Market Foods Establishes South Windsor, Connecticut, Operations
Food manufacturer Home Market Foods plans to establish operations in South Windsor, Connecticut. The more than $70 million project is expected to create 210 jobs by the end of 2027.
TTM Technologies Expands Stafford Springs, Connecticut, Operations
Technology solutions manufacturer TTM Technologies Inc. plans to expand operations in Stafford, Connecticut. The project is expected to create 120 jobs.
South Korea-Based Hanwha Aerospace Expands Cheshire, Connecticut, Operations
South Korea-based Hanwha Aerospace, a private aerospace company serving the global aircraft, communications, and defense industries, plans to expand its operations in Cheshire, Connecticut. The project is expected to create 40 jobs.
FullStack Modular Relocates-Plans Hamden, Connecticut, Headquarters
FullStack Modular, an innovator in the design, manufacture, and construction of mid- and high-rise multifamily buildings, hotels, and student housing, will establish operations in Hamden, Connecticut. The roughly $12 million project is expected to create 100 jobs.
Mott Expands Farmington, Connecictut, Operations
Mott Corporation, a global leader in producing ultra-thin, porous metal sheets, which are a critical component in the generation of green hydrogen, plans to expand operations in Farmington, Connecticut. The project is expected to create 100 jobs.
FORGE Establishes Hartford, Connecticut, Operations
FORGE, a nonprofit organization that connects startups creating physical products with the product development, manufacturing, and supply chain resources, is establishing operations in Hartford, Connecticut.
Global Atlantic Financial Group Expands Hartford, Connecticut, Operations
Insurance company Global Atlantic Financial Group is expanding its operations center in Hartford, Connecticut. The project is expected to create 100 jobs.
Stifel Establishes Stamford, Connecticut, Operations Center
Stifel, a global wealth management and investment banking company, will establish a new operations center in Stamford, Connecticut. The project is expected to create 50 jobs.
GE Appliances Establishes Stamford, Connecticut, Microfactory
GE Appliances, a Haier company, opened its newest manufacturing microfactory in a 67,000-square-foot industrial center in Stamford, Connecticut.
Element 119 Expands Thomaston-Cheshire, Connecticut, Facilities
Element 119, an advanced coatings manufacturer, is planning to expand operations in Thomaston and Cheshire, Connecticut. The project is expected to create 36 jobs over the next two years.
Dutch-Based ASML Expands Wilton, Connecticut, Operations
Dutch semiconductor equipment manufacturer ASML plans to expand its facility in Wilton, Connecticut. The $250 million project is expected to create 1,000 new jobs over the next two years.
Mirador Relocates-Plans Stamford, Connecticut, Headquarters
Mirador, a leading managed services firm in the wealth management industry, is expanding its operations and relocating its headquarters to Stamford, Connecticut. The project is expected to create 250 jobs over the next three years.
Hudson Bay Capital Expands Greenwich, Connecticut, Operations
Hudson Bay Capital, a leading multi-billion-dollar asset management firm, is expanding its operations in Greenwich, Connecticut. The company plans to create 40 new jobs.
Breeze Airways Establishes Windsor Locks, Connecticut, Operations Hub
Breeze Airways will establish its fifth base of operations at Bradley International Airport in Windsor Locks, Connecticut. The project is expected to create 212 new jobs.
Digital Currency Group Relocates-Plans Stamford, Connecticut, Headquarters
Digital Currency Group, a leading investor in bitcoin and blockchain technology companies, is relocating its headquarters from New York City to Stamford, Connecticut. The project is expected to create more than 300 jobs over the next five years.
HCL Technologies Opens Hartford, Connecticut, Global Delivery Center
Technology services and consulting company HCL Technologies plans to open a new Global Delivery Center in Hartford, Connecticut. The project is expected to create 500 new jobs in the next 2-3 years.
Ranpak Holdings Establishes Shelton, Connecticut, Innovation-Automation Center
Ranpak Holdings Corp., a global leader of environmentally sustainable, paper-based packaging solutions, is building an 80,000 square-foot innovation and automation center in Shelton, Connecticut. The project is expected to create 35 jobs and increase
ITT Relocates Stamford, Connecticut, Corporate Headquarters
ITT Inc., a leading global manufacturer and technology company, is relocating its corporate headquarters in Stamford, Connecticut. The move will bring 57 jobs to the state.
Tomo Establishes Stamford, Connecticut, Corporate Headquarters
Fintech startup company Tomo will locate its corporate headquarters in Stamford, Connecticut. The project is expected to create 100 jobs by the end of the year.
Philip Morris Plans Fairfield County, Connecticut, Corporate Headquarters
Philip Morris International will relocate its corporate headquarters from New York to Fairfield County, Connecticut. The company plans to hire 200 associates.
Frito-Lay Expands Killingly, Connecticut, Manufacturing Operations
Frito-Lay, a division of PepsiCo and a leading snack manufacturer, will invest $235 million to expand its manufacturing site in Killingly, Connecticut. The project is expected to create 120 new jobs.
WellSpark Health Expands Farmington, Connecticut, Headquarters
Wellbeing, disease prevention and management company WellSpark Health plans to expand its headquarters in Farmington, Connecticut. The project is expected to create 287 jobs over the next seven years.
SCA Pharma Expands Operations in Little Rock, Arkansas
SCA Pharma, an FDA-registered outsourcing facility, will expand its operations in Little Rock, Arkansas.
ARCO Design/Build Completes Construction of Waller, Texas, Manufacturing and Oil Rig Test Complex
ARCO Design/Build recently completed construction of a new manufacturing and oil rig test site featuring two buildings in Waller, Texas. The facilities were built for Archway Properties and AFGlobal, a subsidiary of AFG Holdings, Inc., a provider of technology, services and fully integrated manufacturing capabilities to clients worldwide.
Modern Plastics Expands Operations at Shelton, Connecticut, Plant to Produce Face Shields
Modern Plastics, a company based in Shelton, Conn., expanded operations with the release of a brand new product, a face shield made of a material called PETG, which is FDA-approved.
Amgraph Packaging Opens Plant in Watertown, Connecticut
Amgraph Packaging doubled its capacity with a second manufacturing plant in Watertown, Connecticut.
Bead Electronics Expands Production in Milford, Connecticut
Bead Electronics, a global manufacturer of electronic contact pins and supplier of Bead Chain, added a GF Vertical Milling Center at its complex in Milford, Connecticut, expanding its capabilities in fine pitch hard milling.
HR Tech Company Indeed Expands Stamford, Connecticut, Workforce
Indeed, the HR tech company, which just launched an expansion project last year, is planning to add an additional 500 workers at its operations center in Stamford, Connecticut, bringing its total employment in The Constitution State to 1,700 workers.
Foam Systems Opens Norwalk, Connecticut, Plant
Foam Systems, a leader in the spray foam industry, opened its production complex and started manufacturing spray foam insulation at its new plant in Norwalk, Connecticut.
P2 Science Opens Advanced Chemistry Manufacturing in Naugatuck, Connecticut
P2 Science Inc., a venture-backed, biorenewable chemistry company, opened is green chemistry advanced manufacturing plant in Naugatuck, Connecticut.
Gartner Expands Global Headquarters in Stamford, Connecticut
Gartner, Inc., one of the world’s leading research and advisory companies, is moving forward with plans to expand its global headquarters in Stamford, Connecticut.
Steve Stars Cloud Group Plans Tech-Innovation Hub in West Hartford, Connecticut
Seven Stars Cloud Group plans to develop 58-acres into its Headquarters for Technology and Innovation in West Hartford, Connecticut.
Seven Stars Cloud Group Eyes West Hartford, Connecticut, for Global Headquarters Campus
Seven Stars Cloud Group, Inc. will be establishing its global headquarters for technology and innovation in West Hartford, Connecticut.
ITV America-Wheel House Entertainment Relocates Operations to Stamford, Connecticut
Entertainment production group ITV America, the largest independent producer of non-scripted entertainment content in the United States, will be relocating a significant portion of its business operations to Stamford, Connecticut.
PricewaterhouseCoopers Locates Division Headquarters in Stamford, Connecticut
PricewaterhouseCoopers is planning a $20 million expansion project, which includes establishing headquarters for its Insourced Solutions for Tax division in Stamford, Connecticut, and creation of up to 400 new jobs over the next five years.
General Dynamics Electric Boat Plans Major Expansion at Groton, Connecticut, Facility
General Dynamics Electric Boat will reportedly grow its workforce by nearly 1,900 by 2034, and undertake capital investments of greater than $800 million over the next 17 years at its facility in Groton, Connecticut, where it builds Virginia Class Submarines.
Affiliates of Phoenix Investors Acquires Industrial Properties in Connecticut, Ohio and New York
Affiliates of Phoenix Investors, a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, reported it acquired affiliates of Industrial Realty Group’s three industrial properties totaling 1,065,000 square-feet, for $12,800,000, located in Connecticut, Ohio and New York.
Sema4 Relocates Laboratory to Stamford, Connecticut
Sema4, a Mount Sinai venture providing advanced genomic testing, is planning grow its presence in Connecticut, relocating laboratory facilities from New York City to a yet-to-be-determined site in Stamford, Connecticut. The move will bring the company’s job presence in Connecticut to at least 553 employees.
Morgan Truck Body Locates Manufacturing Center in Plainfield, Connecticut
Morgan Truck Body, North America’s largest manufacturer of medium-duty truck bodies, plans to expand its footprint into New England, by locating a manufacturing facility approximately one hour east of Hartford, at 85 Moosup Pond Road in Plainfield, Connecticut.
Infosys Eyes Hartford, Connecticut for Technology-Innovation Hub
Infosys, a global leader in consulting, technology, and next-generation IT services, will invest $20.6 million to establish a technology and innovation hub in Hartford, Conn. It is predicted the project will see the creation of 1,000 good paying, high-tech jobs in the state’s capital city by 2022.
ASML Plans Major Expansion in Wilton, Connecticut
ASML, one of the world’s leading manufacturers of chip-making equipment, is planning to substantially grow its operations in Wilton, Connecticut, through an expansion project that will create up to 524 new jobs.
ASML Plans Major Expansion at Wilton, Connecticut, Operations Complex
ASML, one of the world’s leading manufacturers of chip-making equipment, is planning to substantially grow its operations in Wilton, Connecticut, through an expansion project that will see the creation of up to 524 new jobs added to its current workforce in the town of 1,222 employees.
Economy Spring Plans Major Expansion in Southington, Connecticut
Early next year, Economy Spring, an MW Industries company, plans to relocate its precision metal components manufacturing facility to a significantly larger facility, 18.5 miles southwest of Hartford, in Southington, Connecticut.
Apple Builds New Reno, Nevada, Facility, Searches for New U.S. Campus Site
Apple is undertaking a new set of investments to build on its commitment to support the American economy and its workforce, which includes breaking ground on a new facility in downtown Reno, Nevada, which will support its existing facilities.
G-CON Manufacturing Expands Groton, Connecticut, Plant Facility
G-CON Manufacturing, a company that designs, builds and installs prefabricated G-CON POD cleanrooms, will expand and enhance its Installed Portable, Continuous, Miniature, and Modular POD Facility at Pfizer’s R&D site in Groton, Connecticut.
Henkel Opens Headquarters-Operations Center in Stamford, Connecticut
Henkel, a manufacturer and distributor of consumer goods, opened its new North American Consumer Goods headquarters, on three floors and 155,000 square feet of space at 200 Elm Street in downtown Stamford, Connecticut.
Bidding War Begins to Lure Toyota-Mazda $1.6 Billion Joint Venture Assembly Plant
Toyota Motor Corporation and Mazda Motor Corporation signed a joint venture agreement to build a $1.6 billion assembly plant somewhere in the United States.
Indeed, Tech Firm, Expands In Stamford, Connecticut
Indeed, a tech internet company, plans to significantly increase its presence by investing $26.5 million to expand its operations center in Stamford, Connecticut.
Amazon Plans $255 Million North Haven, Connecticut, Fulfillment Center
Amazon, the largest internet-based retailer in the world, will create a new state-of-the-art, 855,000 square-foot fulfillment center in North Haven, Connecticut. The company plans to spend $255 million on the project, where it will create 1,800 jobs at the new facility.
Four Season Farm Develops Hydroponic Production In Suffield, Connecticut
Four Season Farm, a newly formed venture created by a long-time Connecticut farmer and international greenhouse developer, will develop ten acres of land in Suffield, Connecticut, as a hydroponic farm, where the company plans to create 40 new jobs over the next two years.
Cyient, Inc Expands Operations Hub In East Hartford, Connecticut
Cyient, Inc., a multi-faceted aerospace engineering design and manufacturing firm, is expanding its operations in East Hartford, Conn. Currently employing 456 full time workers in Connecticut, the company plans to add 85 full-time jobs over the next three years.
AQR Capital Management Expands Headquarters-Operations Fairfield County, Connecticut
AQR Capital Management, a global investment management firm, plans to expand its headquarters and operations in Fairfield County, Connecticut over the next ten years — a more than $72 million project that will create up to 600 new jobs.
NXEGEN Becomes Artis Energy, Opens Offices In New York City And Stamford, Connecticut
NXEGEN, LLC, a leading provider of commercial and industrial energy management solutions, changed its name to Artis Energy and is opening offices in New York City and Stamford, Conn. The Company’s headquarters will remain in Middletown, Connecticut.
Germany-Based Henkel Corporation Relocates to Stamford, Connecticut
Germany-based Henkel Corporation will 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.
State Officials Offer Lockheed Martin Incentives To Expand In Stratford, Connecticut
Lockheed Martin, a global leader in security and aerospace, reached an agreement, subject to legislative and union approval, to retain and grow approximately 8,000 jobs at Sikorsky Aircraft in Stratford, Conn. until 2032.
Manufacturers Less Optimistic About Overall Economy; Express Confidence in Their Own Revenue Growth
In mid-July, PwC released its Q2 2016 Manufacturing Barometer, which surveyed senior executives at U.S.-based industrial manufacturing firms to determine their assessment of the direction of the nation’s economy, as well as their projections for thei
Cushman & Wakefield Reports on Continuing Momentum for Industrial Real Estate Markets
Cushman & Wakefield has announced that U.S. industrial markets absorbed a record-setting 70.1 million square feet (msf) of space in the second quarter of 2016, up 6.0 percent from the same period a year ago, and resulting in year-to-date absorption o
Bob’s Discount Furniture to Expand Its Manchester, Connecticut, Complex
Bob's Discount Furniture, a national furniture store chain, will expand its headquarters in Manchester, Connecticut, with a new project that will significantly increase the company's operations center. The project is expected to create 125 new jobs in the next five years.
UTC Aerospace Systems Opens Materials and Process Engineering Laboratory In Windsor Locks, Connecticut
A unit of United Technologies Corp., UTC Aerospace Systems opened its new state-of-the-art Materials and Process Engineering Laboratory in Windsor Locks, Connecticut. The company also established a Materials Engineering Center of Excellence at University of Connecticut.
Italy-Based Pietro Rosa TBM Expands Farmington, Connecticut, Facility
Pietro Rosa TBM, a leading Italy-based manufacturer of compressor airfoils for gas turbines and complex structural components, has acquired New England Airfoil Products. In addition to retaining the company’s current workforce, the firm will be creat
Deutsch Family Wine & Spirits To Relocate Headquarters To Stamford, Connecticut
Deutsch Family Wine & Spirits, an importer and marketer of high-quality wine and spirit brands from around the world, plans to relocate its headquarters from White Plains, New York to Stamford, Connecticut. The relocation will deliver more than 100 new or relocated jobs.
MC Credit Partners Relocates Operations Center to Stamford, Connecticut
MC Credit Partners, an institutional manager of middle market direct lending funds, is relocating its headquarters and operations center to Stamford, Connecticut.
Stamford, Connecticut-Based Synchrony Financial Expands Its Workforce
Synchrony Financial, a premier consumer financial services company headquartered in Stamford, Connecticut, is expanding its operations in the state with the hiring of up to 400 new associates.
Adam Equipment Moves Headquarters-Assembly-Warehouse To Oxford, Connecticut
Adam Equipment, a global manufacturer of scales and balances, said the company is moving its United States headquarters to a 29,300 square foot facility at Fox Hollow Industrial Park in Oxford, Connecticut.
HABCO Industries Expands Its Glastonbury, Connecticut, Operations Center
HABCO Industries, which builds test and ground-support equipment for the aerospace industry, is expanding its operations center in Glastonbury, Connecticut, and plans to increase its workforce from 42 to 79 over the next four years.
Leipold Inc. Expands Its Windsor, Connecticut, Manufacturing Center
Precision manufacturer Leipold, Inc., the Windsor, Connecticut, based division of internationally known Leipold Gmbh, will be expanding its Connecticut operation and increasing employment by up to fifty percent over the next two years. The company manufactures precision components in the automotive, electrical, hydraulic, pneumatic and telecommunication industries.
Pratt & Whitney Unveils State-Of-The-Art Production Campus In Middletown, Connecticut
A world leader in the design, manufacture and service of aircraft engines and auxiliary power units and subsidiary of United Technologies Corp., Pratt & Whitney unveiled its new state-of-the-art production facility in Middletown, Connecticut, which is designed to support manufacturing of its PurePower PW1100G-JM engine for Airbus A320neo and the F135 engine for the F-35 Lightning II Joint Strike Fighter.
GE Opens Advanced Manufacturing Lab in Plainville, Connecticut, Plans Circuit Breaker COE In Puerto Rico
GE’s Industrial Solutions business opened its new Advanced Manufacturing Lab in Plainville, Connecticut, with plans to open a Circuit Breaker Center of Excellence in Puerto Rico.
Praxair Invests $65 Million In Danbury, Connecticut, Corporate Center
Praxair, Inc., a global leader in industrial gases and applications, will maintain its world headquarters in Danbury, Conn. and invest approximately $65 million to build a new 100,000 square-foot corporate facility.
FuelCell Energy Plans Major Expansion At Its Torrington, Connecticut, Operations Hub
A firm that focuses on the design, manufacture, operation and service of ultra clean, efficient and reliable fuel cell power plants, FuelCell Energy Inc. will begin a two-phased expansion of its Torrington, Connecticut, manufacturing campus facility. The company expects the project will add up to 325 new associates over the next four years.
General Dynamics Electric Boat Plans $31.5 Million Expansion Project At Its Groton, Connecticut, Manufacturing Campus
General Dynamics Electric Boat, a designer and builder of nuclear submarines, is expanding its facilities in Groton, Connecticut, to meet increased hiring and industry demands. As part of its expansion, Electric Boat expects to add up to 200 new employees to its Connecticut workforce of 8,700.
Memry Corporation Plans Nearly $8 Million Expansion In Bethel, Connecticut
Memry Corporation, a manufacturer in the shape memory alloys industry, will expand its facility in Bethel, Conn. to meet growing production demand. As part of the expansion project, Memry will add 76 new jobs to its current workforce of 153 employees
The Macton Corporation Expands Manufacturing Center In Oxford, Connecticut
The Macton Corporation, a firm that focuses on engineering, fabricating and installing industrial machinery and equipment, is expanded its manufacturing center in Oxford, Connecticut, and moving more production in-house with the assistance of public-
Neeltran Inc. Expands Its New Milford, Connecticut, Manufacturing Center
Neeltran Inc., a manufacturer of power systems and transformers, received state loan funding to support the company’s purchase of machinery and equipment and renovate and expand its facility in New Milford, Connecticut.
The Lee Company Plans $50 Million Expansion At Its Westbrook, Connecticut, Operations Campus
The Lee Company plans to expand its business operations center in Westbrook, Conn., as part of an expansion project that will keep 862 current employees in The Constitution State and create up to 200 new positions.
Lockheed Martin Plans $80 Million Expansion At Its Orlando, Florida, Mission Systems and Training Center
Lockheed Martin plans an $80 million expansion at its Mission Systems and Training facility in Orlando, Florida. The company, which plans to create 200 jobs, currently employs nearly 7,000 in Orlando. It is expanding the location due to a corporation
Israel-Based Applango USA Opens Headquarters At Stamford, Connecticut, Innovation Center
Applango USA, Inc., a subsidiary of Israel-based Applango Systems, will open its U.S. headquarters at the Stamford, Connecticut Innovation Center, as part of a project designed to expand the company’s regional presence.
ARCA Transfers Its Cash Recycler Assembly From Italy To North Carolina
A company that focuses on providing technology and services to help people control cash in bank branches, retail stores and self-service kiosks, ARCA will transfer the assembly of CM18 cash recyclers from Italy to its manufacturing facility in Mebane
High Performance Materials Manufacturer, Nanocomp Technologies, Inc. Relocates Headquarters To Merrimack, New Hampshire
Nanocomp Technologies, Inc., a developer of performance materials and products composed of its unique carbon nanotubes, has been awarded an additional $18.5 million under the Defense Production Act Title III program to supply CNT yarn, sheet, tape,
Alcoa Completes $300 Million Expansion At Its Davenport, Iowa, Manufacturing Campus
Alcoa completed a $300 million expansion at its Davenport, Iowa, production facility dedicated to supplying aluminum sheet products to the automotive industry. The Davenport expansion is expected to create 150 full-time jobs in the region.
NanoMech Expands Its East Springdale, Arkansas, Development and Manufacturing Campus
A company that creates advanced engineering materials through patented nano-engineered and nano-manufactured product development, NanoMech purchased its existing factory and will build an adjoining state-of-the-art facility in east Springdale, Arkans
Biomedical Company, Oxford Performance Materials, Plans $9.5 Million Expansion At Its South Windsor, Connecticut, Production Center
Oxford Performance Materials Inc. plans a $9.5 million expansion project that includes adding equipment and 12,000 square feet to its South Windsor, Connecticut, manufacturing facility.
HomeServe USA Corp. Invests $33 Million To Relocate Corporate Headquarters To Norwalk, Connecticut
A firm that provides service plans in North America through partnerships with leading utilities and directly to consumers, HomeServe USA Corp. is relocating its corporate headquarters to Norwalk, Connecticut.
Airgas, Inc. Plans Second Atmospheric Gas Production Facility In Bozrah, Connecticut
Airgas, Inc. plans to expand its atmospheric gas production capacity in New England by building a second air separation unit in Bozrah, Connecticut, in order to meet the expected increase in demand for merchant gases across its diverse customer base in the region.
Pitney Bowes Invests $25 Million To Improve Three Connecticut Centers Of Excellence
Pitney Bowes will invest $25 million in facility improvements, training and technology at its three Connecticut campuses. The firm’s investments include the company’s three centers of excellence: its technology center in Danbury, its business operat
The Navigator’s Group Opens New Stamford, Connecticut, Headquarters
A specialty insurance company, The Navigators Group, opened its new headquarters at 400 Atlantic Street in Stamford, Conn, as part of a $25 million project expected to create 202 jobs during the next five years.
Slalom Consulting Expands East Coast Presence, Opening Hartford, Connecticut Office Complex
A Seattle,Washington-based business and technology consulting firm, Slalom Consulting, is expanding its East Coast presence, with the opening of an office facility on the 15th floor at 100 Pearl Street in downtown Hartford, Connecticut.
Arvinas Inc., a New Haven, Connecticut, Biotechnology Firm Awarded $4.25 Million In State Funding
Arvinas Inc., a New Haven-based biotechnology startup firm, has been awarded $4.25 million in state loan funding to assist it in developing a new class of drugs to combat cancer and other diseases. Located in the city’s Science Park, Arvinas is found
Germany-based BYK USA Inc. Expands Its Wallingford, Connecticut, Manufacturing Facility
BYK USA Inc., a subsidiary of Germany-based BYK-Chemie GmbH, will receive $6 million in state loan funding to help the international additives company expand its Wallingford, Connecticut, facility
KAYAK Software Corporation Invests $5 Million To Locate Headquarters In Stamford, Connecticut
KAYAK Software Corporation is slated to receive a $2.5 million state loan to help fund a $5 million renovation of a three-story, 17,000-square-foot, building at 7 Market Street in Stamford, Connecticut to serve as its headquarters. As part of the project, KAYAK expects it will hire an additional 50 employees within the next few years.
Alstom Modernizes Windsor, Connecticut, Headquarters, Plans Research And Development Unit In Bloomfield
A high technology power generation firm, Alstom, will invest $25 million dollars to modernize its headquarters in Windsor, Connecticut. The company will also establish a new research and development site in Bloomfield, Connecticut that includes offices, a warehouse, and a laboratory. Alstom also will make energy and environmental improvements to its headquarters site and retain 1,082 jobs.
Finance Affiliates of FSC CT, Inc. To Relocate To Greenwich, Connecticut
Financial firm FSC CT, Inc. will relocate its Fifth Street’s operations to Greenwich, Conn. The company, through its Fifth Street affiliates, will relocate approximately 50 jobs from its current location in White Plains, New York, and plans to add at least 46 more jobs as it grows over the coming decade.
Flanagan Industries Plans Relocation And Expansion In Glastonbury, Connecticut
Flanagan Brothers, Inc, doing business as Flanagan Industries, a second-generation jet engine and ground turbine component manufacturer in Glastonbury, Connecticut, received a $2.5 million Department of Economic and Community Development loan to assist the firm with its expansion.
Online Textbook Retailer, Akedemos, Expands Norwalk, Connecticut, Operations Center
Akademos, Inc. will expand its online book operations center in Norwalk, Connecticut, with plans to build new software services that lower the costs of textbooks and other educational material to students and faculty at hundreds of educational instit
Fairfield University, Local Economic Development Officials And Kleban Properties To Assist Five Connecticut Start-ups Companies
Fairfield University, in collaboration with the Town of Fairfield Economic Development Department and Kleban Properties, plan a unique business incubator program to help idea makers become successful entrepreneurs at the site of a former Borders Books & Music Store in Fairfield, Connecticut.
Bicycle Manufacturer Cannondale Sports Unlimited Establishes Headquarters In Wilton, Connecticut
Cannondale Sports Unlimited will establish its new headquarters in Wilton, Conn., adding 75 new employees to its workforce. 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.
NewOak Capital Establishes Credit Services Division In Danbury, Connecticut
NewOak Capital, a New York City-based financial services firm, will establish its Credit Services division in Danbury, Conn. The company will lease 10,000 square feet of space at the Matrix Corporate Center, with plans to create up to 50 jobs during its first year and up to 100 jobs within three years.
Navigators Group Relocating Corporate Headquarters To Stamford, Connecticut
The Navigators Group, Inc., an international specialty insurance holding company, will move its corporate headquarters and additional operations from New York to Stamford, Connecticut, with plans to create 200 jobs in the state within the next five years.
Connecticut Officials Loan APS Technology A $5 Million Loan To Assist With Expansion Plans
The Connecticut State Bond Commission approved a $5 million loan to APS Technology, a provider of high technology and services to the oil and gas drilling industry, to assist the Wallingford, Conn. firm with its expansion and planned hiring of more than 100 workers during the next three years.
