Latest News

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 in Thomaston and Cheshire, according t...Continue Reading

Lamont: Finance company to bring hundreds of jobs to Stamford Paul Schott April 25, 2022Updated: April 25, 2022 6:22 p.m. STAMFORD — Financial-services firm Mirador LLC announced Monday it plans to relocate its headquarters from Darien to Stamford and add about 250 positions in the next three years — the latest of several companie...Continue Reading

Bigelow Tea invests $2M into Fairfield facility as business grows   Josh LaBella April 25, 2022Updated: April 26, 2022 10:56 a.m. FAIRFIELD — Investment, expansion and automation were the topics of the day at the Bigelow Tea Co. headquarters on Monday. State and local officials came to tour the building’s warehouse after $2 million worth o...Continue Reading

Consultant Connect Announces North America’s Top 50 Economic Developers of 2022 KALAMAZOO, Michigan – Consultant Connect, a consulting agency designed to bridge the gap between economic developers and site consultants, announces its 2022 list of North America’s Top 50 Economic Developers. The economic development professionals selected for this list were nominate...Continue Reading

Alexion to expand New Haven footprint PHOTO | CONTRIBUTEDAlexion Pharmaceuticals' research facility at 100 College St. in New Haven. By Michelle Tuccitto Sullo Alexion, AstraZeneca’s Rare Disease group, indicated Thursday it plans to expand its presence in New Haven with space at the new bioscience tower currently under construction at 101 College St.  Th...Continue Reading

03/28/2022 Governor Lamont Announces Agreement Between Sikorsky, a Lockheed Martin Company, and the State of Connecticut   New Agreement Positions Connecticut To Be Production Home for New Helicopter Lines and Keeps Sikorsky’s Headquarters in the State Through 2042 (HARTFORD, CT) – Governor Ned Lamont today announced that his administration has reached an agreement wit...Continue Reading

PRESS RELEASE Connecticut Airports Better Connect You Bradley International and Tweed-New Haven Airports Experience Rapid Expansion as More than a Dozen New Destinations Added New Haven, March 14, 2022 – Connecticut’s two major commuter airports, Bradley International Airport located outside of Hartford and Tweed-New Haven Airport, have experienced rapid growth during the pas...Continue Reading

by SAVANNAH KING In 2021, a slew of high-tech, innovative companies chose to locate their headquarters in Connecticut. They included, believe it or not, tobacco giant Philip Morris International (PMI), as it looks to reinvent itself as one of the most iconic brands in the world. For the last decade, PMI ha...Continue Reading

By Zachary Vasile The Greater Hartford insurance sector and state agencies are joining forces with the U.K. government to launch a trans-Atlantic “corridor” with the aim of fostering closer business ties between Connecticut and Britain. The MetroHartford Alliance, Connecticut Insurance & Financial Services, state Insurance and economic development departments and British industr...Continue Reading

  PRESS RELEASE Bridgeport-Stamford-Norwalk Named #10 in Top Metro Areas for Corporate Facility Investment Bridgeport-Stamford-Norwalk Metro Area Jumps 97 Spots in Investment Ranking New Haven, March 3, 2022 - The Bridgeport-Stamford Norwalk metropolitan area has been named the 10th most targeted metro area for corporate facility investment in 2021 for cities with ...Continue Reading

02/24/2022 Governor Lamont Announces Global Asset Management Company Hudson Bay Capital Expanding in Connecticut   (HARTFORD, CT) – Governor Ned Lamont today announced that Hudson Bay Capital, a leading multi-billion-dollar asset management firm, is expanding its operations in Greenwich, Connecticut. As part of its expansion plans, the firm intends to create 40 ne...Continue Reading

02/17/2022 Governor Lamont Announces Breeze Airways Establishing Base at Bradley International Airport and Creating More Than 200 New Jobs in Connecticut   (WINDSOR LOCKS, CT) – Governor Ned Lamont, Connecticut Airport Authority Executive Director Kevin Dillon, and Breeze Airways founder and CEO David Neeleman today announced that Breeze Airways has chosen Bradley Internationa...Continue Reading

11/29/2021 Governor Lamont Announces Digital Currency Group Relocating Headquarters to Connecticut, Creating More Than 300 New Jobs   (HARTFORD, CT) – Governor Ned Lamont today announced that Digital Currency Group (DCG), a leading investor in bitcoin and blockchain technology companies, has informed his administration that the company will be relocating its headquarters from New Yor...Continue Reading

Governor Ned Lamont today announced that Ranpak Holdings Corp. (NYSE: PACK), a global leader of environmentally sustainable, paper-based packaging solutions for e-commerce and industrial supply chains, is creating an 80,000 square foot innovation and automation center in Shelton, Connecticut. The company expects to initially employ 35 workers at the facilit...Continue Reading

PRESS RELEASE Press Contact Shirar O’Connor Soconnor@advancect.org 646-496-7668 AdvanceCT Receives Excellence in Economic Development Award from the International Economic Development Council (IEDC) DARE GREATER CAMPAIGN WINS SILVER RANK IN PAID ADVERTISING CATEGORY NEW HAVEN, Connecticut – Oct. 5, 2021: AdvanceCT won a Silver Rank for its DARE GREATER Campaign, a project in the category of Pai...Continue Reading