Workforce Productivity
U.S. Bureau of Economic Analysis 2019
Latest News
News Articles
Fullstack Modular & Governor Ned Lamont Announce Company Relocation and $8-12M Investment In Connecticut
Apr 25 2023The American-made modular innovator exits NYC for the pro-development and innovation-friendly greater New Haven, Connecticut community
NEW HAVEN, Conn., April 24, 2023 /PRNewswire/ -- Today FullStack Modular, the leading innovator in the design, manufacture, and construction of mid- and high-rise multifamily buildings, hotels, and student housing, was welcomed into the Connecticut business community by Governor Ned Lamont as it begins...
Three German Companies Announce Expansions in Connecticut
Connecticut Sees Jump in Corporate Expansions as Three German Companies Grow Their Operations
New Haven, Connecticut – April 14, 2023 – AdvanceCT today announced that several companies recently expanded their business in...
Alexander Soule
Feb. 27, 2023
After hiring nearly 4,000 people last year for its Groton shipyard and satellite facilities in New London and Rhode Island, the president of Electric Boat said Monday the company sees the need for at least 3,000 more within a decade...
FARMINGTON, CT, February 22, 2023 – Mott Corporation announced today that it is opening a new 65,000 square-foot facility near its headquarters in Farmington, which will house at least 100 new, local employees helping to grow its clean energy business. The total investment will be tens of millions of dollars in the...
If only there were a metro in the Northeast that had the economic, transportation, higher education and cultural assets of New York and Boston, but without the congestion and high costs of living and real estate that come with them. Actually, there is such a metro in Connecticut’s capital city...
The first phase of a $40 million expansion and makeover project at Waterbury-Oxford Airport has benefited from Connecticut's relatively snow-free winter thus far.
Although fill work has stopped for the winter at the airport owned and operated by the Connecticut Airport Authority, construction of a new operations facility at the Oxford-based airport continues,...
GREENWICH — Financial technology firm iCapital has announced plans to expand its global development team with more than 100 hires, and a significant number of the new employees are set to work out of its downtown Greenwich offices.
iCapital’s offices in Greenwich, Manhattan, and Lisbon, Portugal, are set to be the...
BioMed X establishes its first US-based institute in New Haven with a new immunology research project in collaboration with AbbVie.
January 16, 2023 13:00 ET | Source: BioMed X Institute
HEIDELBERG, Germany, Jan. 16, 2023 (GLOBE NEWSWIRE) -- BioMed X, an independent German biomedical research institute, announced today the extension of...
(HARTFORD, CT) – Governor Ned Lamont today announced that Global Atlantic Financial Group, a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, is growing its operations in Hartford in an expansion plan that includes leasing an additional 11,500 square feet of office space to...
Scangarella leaves Choose New Jersey to Join Connecticut’s Economic Development Team
New Haven, Connecticut, January 9, 2023 – AdvanceCT announces that Catherine (Cathy) Scangarella will be joining the organization as the Executive Vice President of Business Retention and Expansion. Scangarella will lead Connecticut’s efforts to work with...
12/09/2022
Governor Lamont Highlights Connecticut’s Contributions to NASA’s Artemis Moon Exploration Program
Forty-Four Connecticut Companies are Suppliers to the Groundbreaking Mission
(HARTFORD, CT) – Governor Ned Lamont today is highlighting the prominent role that 44 businesses in Connecticut are playing in NASA’s world-renowned Artemis I mission, which...
ADVANCECT CATALOGUES CONNECTICUT’S ECONOMIC DEVELOPMENT AND BUSINESS SUPPORT ECOSYSTEM
New Haven, Connecticut - November 30th, 2022 – AdvanceCT has released its first edition of the Connecticut Economic Development Catalogue which compiles the variety of economic development and business support organizations in Connecticut into a single document...
Advancect Launches Soft Landing Program For Companies Locating To Connecticut
New Haven, Connecticut - November 2nd, 2022 – AdvanceCT announces the launch of its Soft Landing Program and Directory of Resources, a tool that lists the business resources and connections...
Boston, July 27, 2022 – The State of Connecticut wrapped up its presence at the Reuters U.S. Offshore Wind 2022 conference in Boston, Massachusetts last week as it looks to continue its emergence as one of the leading states for offshore wind development in the Northeast.
The AdvanceCT-run booth,...
GE Appliances launches appliance manufacturing in Connecticut
Jul 18th 2022
GEA Communications
GE Appliances, a Haier company, continues advancing its commitment to American manufacturing with the opening of its newest manufacturing operation in Stamford, Connecticut.
This morning, GE Appliances President & CEO...
Saul Flores
Milford is now home to the largest non-alcoholic beer-making facility in the world, according to owners of Athletic Brewing.
“This is the flagship non-alcoholic beer destination in the entire world, and it is in Milford, and we can’t be more proud,” said Mayor Ben...
Vincent Salzo,Patch Staff
A manufacturing company is planning an expansion in Connecticut, including in Cheshire, Gov. Ned Lamont announced Thursday.
Element 119 LLC, an advanced coatings manufacturer that employs 14, is expected to hire an additional 36 workers over the next two years at its facilities...
WILTON — Officials with Dutch semiconductor equipment maker ASML will invest $200 million to expand its operations in Wilton, a move that is expected to create 1,000 new jobs over the next two years.
ASML’s design, engineering, and production center, which is located at 77 Danbury Road, is already...
