https://www.advancect.org AdvanceCT News Feed Fri, 15 May 2026 07:00:22 +0000 en-US https://www.advancect.org/higher-education/news-archive/p/item/66858/consumergoods-giant-henkel-unveils-plans-for-true-r&d-campus-in-trumbull https://www.advancect.org/higher-education/news-archive/p/item/66858/consumergoods-giant-henkel-unveils-plans-for-true-r&d-campus-in-trumbull Mon, 16 Mar 2026 04:00:00 +0000 Henkel, one of the largest consumer-goods companies in the world, has operated research-and-development facilities in Trumbull since 2016. Now, it is elevating the site into a fully fledged campus.Henkel executives and some of the state’s top elected officials held a groundbreaking ceremony on Monday for the underway renovations at its... https://www.advancect.org/higher-education/news-archive/p/item/66781/british-fintech-revolut-eyes-ct-hq-as-it-seeks-us-bank-charter https://www.advancect.org/higher-education/news-archive/p/item/66781/british-fintech-revolut-eyes-ct-hq-as-it-seeks-us-bank-charter Fri, 06 Mar 2026 05:00:00 +0000 British financial technology company Revolut plans to base a new U.S. banking entity in Stamford as it seeks federal approval to expand its operations in the American market.The London-based firm announced Thursday it has applied to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp... https://www.advancect.org/news-and-media/p/item/66577/steelwrist-expands-north-american-operations-in-connecticut-strengthening-local-assembly-and-testing-capabilities https://www.advancect.org/news-and-media/p/item/66577/steelwrist-expands-north-american-operations-in-connecticut-strengthening-local-assembly-and-testing-capabilities Fri, 20 Feb 2026 05:00:00 +0000 Newington, CT, USA, February 20, 2026  - Steelwrist, the global manufacturer of tiltrotators, automatic quick couplers and work tools for excavators, today announced the expansion of operations at its North American headquarters in Newington. The investment further strengthens the company’s long-term commitment to the U.S. market and positions Connecticut as... https://www.advancect.org/higher-education/news-archive/p/item/66628/electric-boat-to-hire-8000-this-year https://www.advancect.org/higher-education/news-archive/p/item/66628/electric-boat-to-hire-8000-this-year Sun, 08 Feb 2026 05:00:00 +0000 Electric Boat is gearing up to hire 8,000 new employees this year, a significant ramp-up compared to the 3,000 hires the submarine manufacturer was planning in 2025.EB President Mark Rayha, in his 2026 President's Intent memo to employees last week marked "sensitive," didn't give specific plans on how he expected... https://www.advancect.org/higher-education/news-archive/p/item/66385/pantheon-electric-opens-global-headquarters-in-stamford-ct https://www.advancect.org/higher-education/news-archive/p/item/66385/pantheon-electric-opens-global-headquarters-in-stamford-ct Fri, 30 Jan 2026 05:00:00 +0000 Pantheon Electric, a newly launched global electrical infrastructure platform delivering high-performance conductive solutions, today announced the official opening of its headquarters in Stamford, Connecticut. The announcement marks a significant milestone in the company’s growth and reinforces Connecticut’s position as a national hub for advanced manufacturing, electrification, and industrial innovation.“I am... https://www.advancect.org/news-and-media/p/item/66387/connecticut-ranks-4th-nationally-in-3q-gdp-growth-at-56 https://www.advancect.org/news-and-media/p/item/66387/connecticut-ranks-4th-nationally-in-3q-gdp-growth-at-56 Fri, 23 Jan 2026 05:00:00 +0000 Connecticut’s economy expanded at a 5.6% annual rate in the third quarter of 2025, ranking the state fourth nationally in real gross domestic product growth, according to new estimates released by the U.S. Bureau of Economic Analysis.Only Kansas (6.5%), South Dakota (6.3%) and Arkansas (5.8%) posted faster growth for the... https://www.advancect.org/higher-education/news-archive/p/item/66024/gkn-aerospace-wins-2025-aerospace-impact-award https://www.advancect.org/higher-education/news-archive/p/item/66024/gkn-aerospace-wins-2025-aerospace-impact-award Mon, 05 Jan 2026 05:00:00 +0000 Business Facilities honors the company’s groundbreaking Newington expansion and first-of-its-kind 3D-printed aircraft componentBusiness Facilities announced its 2025 Deal of the Year Award winners — corporate relocation and expansion investment projects that will have a significant positive impact on the economic development of a community.AdvanceCT and the State of Connecticut were... https://www.advancect.org/higher-education/news-archive/p/item/65614/governor-lamont-unveils-bold-new-investments-to-capitalize-on-economic-opportunities-created-by-quantum-technologies https://www.advancect.org/higher-education/news-archive/p/item/65614/governor-lamont-unveils-bold-new-investments-to-capitalize-on-economic-opportunities-created-by-quantum-technologies Thu, 20 Nov 2025 05:00:00 +0000 Coordinated State, University, and Industry Commitments Now Exceed $1 Billion To Position Connecticut as a National Hub for Quantum Research, Workforce Development, and Innovation(HARTFORD, CT) – Governor Ned Lamont today announced new investments in Connecticut’s quantum technology infrastructure, workforce, and research capacity – a keystone moment in the state’s plan... https://www.advancect.org/news-and-media/p/item/64835/ct-invests-50-million-in-a-new-haven-innovation-accelerator https://www.advancect.org/news-and-media/p/item/64835/ct-invests-50-million-in-a-new-haven-innovation-accelerator Fri, 26 Sep 2025 04:00:00 +0000 Connecticut is investing $50.5 million in public infrastructure to help grow a biotech and quantum technology innovation hub in downtown New Haven.“Every day in downtown New Haven, workers are developing the cutting-edge research, technologies, and products that are changing the world and propelling Connecticut forward as a leader in the... https://www.advancect.org/higher-education/news-archive/p/item/64469/gkn-aerospace-announces-groundbreaking-new-technology-&-expansion-in-connecticut https://www.advancect.org/higher-education/news-archive/p/item/64469/gkn-aerospace-announces-groundbreaking-new-technology-&-expansion-in-connecticut Wed, 03 Sep 2025 04:00:00 +0000 Global leader in aerostructures and engine systems introduces additive fabrication production line in Newington, CTNewington, Connecticut, September 3, 2025 – Today, AdvanceCT announces that GKN Aerospace is expanding its manufacturing center in Newington, Connecticut, one of its primary facilities in the U.S. and one of two located in Connecticut.GKN Aerospace’s... https://www.advancect.org/news-and-media/p/item/63903/glori-norwitt-appointed-as-connecticuts-envoy-for-international-engagement https://www.advancect.org/news-and-media/p/item/63903/glori-norwitt-appointed-as-connecticuts-envoy-for-international-engagement Wed, 30 Jul 2025 04:00:00 +0000 Glori Norwitt to Focus on State’s International RelationsNew Haven, Connecticut, July 30, 2025 - Today, AdvanceCT announces the appointment of Glori Norwitt as Connecticut’s Special International Envoy, responsible for engaging with foreign dignitaries, delegations, and officials.In this unpaid volunteer role, Glori Norwitt will represent the state and AdvanceCT in interactions... https://www.advancect.org/news-and-media/p/item/63400/advancect-welcomes-aerospace-manufacturer-whi-to-connecticut https://www.advancect.org/news-and-media/p/item/63400/advancect-welcomes-aerospace-manufacturer-whi-to-connecticut Tue, 17 Jun 2025 04:00:00 +0000 Connecticut, June 17th, 2025 - Today, Connecticut Governor Ned Lamont and AdvanceCT announced that aerospace component manufacturer, WHI Global, LLC (WHI), will open a new production facility in Enfield, Connecticut.  Concurrently, WHI subsidiary Aerobond Composites, LLC announced that it has signed contracts with Sikorsky, a Lockheed Martin company, to produce... https://www.advancect.org/news-and-media/p/item/62888/trumpf-inc-debuts-new-smart-factory-in-farmington https://www.advancect.org/news-and-media/p/item/62888/trumpf-inc-debuts-new-smart-factory-in-farmington Tue, 20 May 2025 04:00:00 +0000 For decades, Connecticut — and much of the United States — has wrestled with the thorny problem of how to rebuild its once vibrant manufacturing industries in the face of lower-cost competition from markets abroad, particularly in Asia.President Donald Trump sees tariffs as the way to go.On Tuesday, German toolmaker... https://www.advancect.org/higher-education/news-archive/p/item/60440/prominent-german-company-executives-come-to-uconn-to-recruit-new-business-engineering-talent https://www.advancect.org/higher-education/news-archive/p/item/60440/prominent-german-company-executives-come-to-uconn-to-recruit-new-business-engineering-talent Tue, 19 Nov 2024 05:00:00 +0000 After studying and working in Germany for a year, Michelle Buerkler ’24 (BUS) found herself in high demand in the job market. Potential employers were impressed by her willingness to take a risk, become fluent in German, and immerse herself in a new culture far from home.Through UConn’s EUROBIZ program,... https://www.advancect.org/higher-education/news-archive/p/item/59343/yale-announces-150-million-to-support-leadership-in-ai https://www.advancect.org/higher-education/news-archive/p/item/59343/yale-announces-150-million-to-support-leadership-in-ai Wed, 28 Aug 2024 04:00:00 +0000 Over the next five years, Yale will help faculty, students, and staff engage with artificial intelligence — and equip them for leadership in the evolving field. Yale will commit more than $150 million over the next five years to support faculty, students, and staff as they engage with artificial intelligence (AI),... https://www.advancect.org/news-and-media/p/item/53163/amid-industry-growth-in-ct-colleges-launch-new-fintech-programs https://www.advancect.org/news-and-media/p/item/53163/amid-industry-growth-in-ct-colleges-launch-new-fintech-programs Thu, 05 Oct 2023 04:00:00 +0000 Financial technology has been increasing in popularity as banks and other financial institutions look for ways to beef up their services, while businesses and consumers desire simpler ways to manage their funds — whether it’s using Kabbage for getting a loan, or Zelle for sending cash.Worldwide, the fintech industry generated... https://www.advancect.org/news-and-media/p/item/53169/advanced-manufacturing-center-opens-in-danbury https://www.advancect.org/news-and-media/p/item/53169/advanced-manufacturing-center-opens-in-danbury Thu, 05 Oct 2023 04:00:00 +0000 Western Connecticut State University and Naugatuck Valley Community College opened a $2.4 million advanced manufacturing technology center in Danbury Feb. 11.The launch was part of the college’s Advanced Manufacturing Technology Center program, where students can earn nationally recognized credentials.The 3,000 square-foot, $2.4 million facility—equipped with state-of-the-art equipment and technology—will enroll... https://www.advancect.org/higher-education/news-archive/p/item/67452/university-of-new-haven-establishes-research-collaboration-with-advanced-lighting-manufacturer https://www.advancect.org/higher-education/news-archive/p/item/67452/university-of-new-haven-establishes-research-collaboration-with-advanced-lighting-manufacturer Mon, 27 Apr 2026 04:00:00 +0000 A newly signed master research agreement with The Lighting Quotient will connect University expertise with advanced optical engineering and lighting-design innovation.The University of New Haven has entered into a master research agreement with The Lighting Quotient, a West Haven–based manufacturer known for its advanced lighting systems. The collaboration, led through... https://www.advancect.org/higher-education/news-archive/p/item/66897/where-healthtech-scales-faster-connecticuts-model-for-us-expansion https://www.advancect.org/higher-education/news-archive/p/item/66897/where-healthtech-scales-faster-connecticuts-model-for-us-expansion Fri, 20 Mar 2026 04:00:00 +0000 For UK HealthTech companies, the United States is both the biggest opportunity and one of the most difficult markets to enter effectively. Success is not just about accessing capital or customers. It depends on where and how you establish your U.S. presence. While global attention often focuses on Boston and New... https://www.advancect.org/higher-education/news-archive/p/item/66718/advancects-2025-results-show-how-connecticut-won-significant-new-investment https://www.advancect.org/higher-education/news-archive/p/item/66718/advancects-2025-results-show-how-connecticut-won-significant-new-investment Tue, 03 Mar 2026 05:00:00 +0000 In 2025, companies encountered new economic conditions that complicated their long-term investment decisions. Shifts in trade policy disrupted supply chains. Changes in immigration rules challenged workforce planning. Interest rates and uneven demand increased the cost of capital. These pressures led executives and site selectors to emphasize risk control, operational continuity,... https://www.advancect.org/news-and-media/p/item/66629/ct-biotech-lambdavision-reserves-spot-on-commercial-space-station-to-scale-artificial-retina https://www.advancect.org/news-and-media/p/item/66629/ct-biotech-lambdavision-reserves-spot-on-commercial-space-station-to-scale-artificial-retina Tue, 24 Feb 2026 05:00:00 +0000 A Woodbridge-based biotech company has reserved space on the next commercial space station as it works to scale manufacturing of an artificial retina designed to restore vision in patients afflicted with degenerative eye diseases.LambdaVision Inc. announced Tuesday morning that it has secured commercial space on Starlab, a commercial space station... https://www.advancect.org/news-and-media/p/item/66630/seven-colleges-join-connecticuts-next-ai-workforce-initiative https://www.advancect.org/news-and-media/p/item/66630/seven-colleges-join-connecticuts-next-ai-workforce-initiative Tue, 17 Feb 2026 05:00:00 +0000 Connecticut will expand artificial intelligence training at colleges and universities across the state as part of a third phase of a statewide workforce program, Gov. Ned Lamont announced Tuesday.The program is intended to prepare students and workers for fast-growing tech jobs, he said in an announcement.The third phase of the... https://www.advancect.org/news-and-media/p/item/66373/connecticuts-innovation-bank-charter-offers-a-competitive-path-for-fintech-growth https://www.advancect.org/news-and-media/p/item/66373/connecticuts-innovation-bank-charter-offers-a-competitive-path-for-fintech-growth Fri, 30 Jan 2026 05:00:00 +0000 Fintech executives have limited options when establishing regulated banking functions in the United States. Federal charters involve lengthy timelines and high fixed costs. Partner bank models restrict control over payments, liquidity, and product design. State frameworks differ significantly in scope and credibility.Connecticut’s Innovation Bank Charter provides an alternative worth considering... https://www.advancect.org/higher-education/news-archive/p/item/65942/connecticut-accelerates-physical-&-life-sciences-growth-with-expansions-from-four-diverse-innovators https://www.advancect.org/higher-education/news-archive/p/item/65942/connecticut-accelerates-physical-&-life-sciences-growth-with-expansions-from-four-diverse-innovators Thu, 18 Dec 2025 05:00:00 +0000 Expansions highlight Connecticut’s talent, research strength, and industry momentumNew Haven, Connecticut – December 18, 2025 — AdvanceCT announced today that four biological, pharmaceutical, and chemical sciences companies are expanding their operations in Connecticut, including MannKind, Cyclo Therapeutics, NanoEngineering, and P2 Science.MannKind, one of the largest pharmaceutical manufacturers in the state,... https://www.advancect.org/higher-education/news-archive/p/item/66026/strategy-driven-location-decisions-with-tommy-hyde-advancects-chief-of-staff https://www.advancect.org/higher-education/news-archive/p/item/66026/strategy-driven-location-decisions-with-tommy-hyde-advancects-chief-of-staff Wed, 10 Dec 2025 05:00:00 +0000 How aligning operations with regional strengths drives better long-term performance than cost-focused site selection.Connecticut has long occupied a distinctive position in the U.S. economy — small in geography, but large in talent, innovation, and economic diversity. From its highly educated workforce and concentration of advanced industries to its strategic access...