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State of Connecticut - Business & Employment Changes Announced in the News Media
  Business & Employment Changes Announced in the News Media - State of Connecticut Last Updated: May 31, 2018
This publication lists start-ups, expansions, staff reductions, and layoffs reported by the media, both current and future. The report provides company name, the number of workers involved, date of the action, the principal product or service of the company, a brief synopsis of the action, and the source and date of the media article. May 2018 Business & Employment Changes Announced in the News Media PDF
Startups and Expansions in May 2018

General Dynamics to invest $850M in Connecticut plant

On the heels of a $5 billion contract last year to develop a new ballistic missile submarine for the U.S. Navy, General Dynamics is investing $850 million in its Electric Boat operations in eastern Connecticut with up to $83 million in assistance from the state. General Dynamics plans to add nearly 1,900 workers in Groton and New London over the next 17 years to push its total employment there to more than 13,000 people. Electric Boat also has a large plant on Narragansett Bay in North Kingstown, R.I. Electric Boat plans to ramp up production to three new vessels a year by 2021, requiring a new dry dock in Groton for the construction of the new Columbia class of ballistic missile subs.

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, CT. The company plans to create up to 400 new jobs over the next five years.

UTC will spend $90B, hire 35K by '22

The Farmington parent of Pratt & Whitney, Carrier, Otis Elevator and United Technologies Aerospace Systems says recent federal tax reform will unleash enough of its capital to hire 35,000 workers -- including 9,000 more in Connecticut -- and to invest more than $15 billion in the U.S. in the next five years. In addition, United Technologies Corp. CEO and Chairman Greg Hayes said Wednesday its divisions will pump $75 billion into U.S. communities by 2022 through purchases of goods and services. As previously reported, UTC has committed, with state assistance, to nearly $500 million of investment in its East Hartford and Windsor Locks aerospace production and research and development facilities. But the larger impact on the future of UTC, its employees and customers will be continued development of workers for its supply-chain partners, many of whom are small businesses, Hayes said.

Baby product company Mayborn Group relocating from Mass. to Stamford

Mayborn Group, a global manufacturer of baby products, has relocated its U.S. headquarters from Norwood, MA to Stamford, in what Gov. Dannel Malloy called "the latest example of an international company seeing tremendous opportunity in our state." The company is leasing approximately 5,000 square feet of space at 1010 Washington Blvd. The Department of Economic and Community Development is supporting the project with a $300,000 loan and $100,000 matching grant through its Small Business Express program. The company employs 16 and is expected to add another seven positions by 2019.

Norwich software company spreading its wings

Only several years ago, a local software company was working out of a tiny office on Otobando Avenue where three people virtually sat on top of each other. Now, the team has multiplied in staff and space. The group thinks it has found its permanent home in downtown Norwich. DocXellent moved into the historic Disco Building, named for its original owners, at 257 Main St. in 2015. In November, it moved from a 1,500 square-foot space on the fourth floor to a 4,000 square-foot space on the fifth — DocXellent is quite literally on the come up.

New ISG headquarters open in Stamford

Information Services Group considered last year moving out of state to accommodate its growing operations. It ended up finding a new home just a mile from its old one in Stamford. The IT advisory and research firm marked Wednesday the opening of its new 18,000-square-foot headquarters at 2187 Atlantic St., in the city's South End, after relocating last month from its longtime downtown offices. Supported by state subsidies, ISG's new hub in the Harbor Point complex reflects the company's technological advances and provides opportunities for future expansion, company officials said.

Brick Walk Tavern plans summer opening in Fairfield

Brick Walk Tavern is opening the in a newly renovated space that had housed both the Bagel King and Hana Tokyo. The storefronts were combined to provide roughly 3,800 square feet of space for their build out. Redevelopment began in January. The duo plan to employ around 35 people once the restaurant is open.

Colchester company tied to Sikorsky looking to expand its Connecticut footprint

Since 1964, Alpha Q in Colchester has been busy producing parts for the aerospace industry. The manufacturing floor puts out parts, while the Glastonbury Southern Gage side of the business makes sure every measurement is precise. As the company expands, it's looking to add to its workforce.  It's looking for about 25-30 skilled workers.

Blind Rhino to open Black Rock location

After three years of running the Blind Rhino, owners Casey Dohme, Matt Bacco and Jamie Pantanella are looking to add their downtown Norwalk vibe to the Black Rock mix. The new sports bar, of the same name, will open at 3425 Fairfield Ave. in Bridgeport.

Layoffs and Staff Reductions in May 2018

Dannon to close its Connecticut manufacturing facility in Naugatuck

The company that makes Dannon Yogurt will begin closing down its only Connecticut manufacturing facility by year's end. Danone, a French company whose North American headquarters is based in White Plains, New York, has told state labor officials that it will begin closing its Rado Drive factory in Naugatuck in December. By the time the facility, which produces Dannon's YoCrunch brand, closes on March 1, 2019, 147 workers will have lost their jobs, according to a filing the company made with the Connecticut Department of Labor at the end of April. Dannon acquired the YoCrunch brand in August 2013. The Naugatuck factory was part of the YoCrunch acquisition, said Michael Neuwirth, a Danone North America spokesman. "This is part of an effort to make more effective use of our production network," Neuwirth said. "We are moving our Naugatuck operations to other factories, so this is not a matter of the brand being eliminated."

Sears to close another 72 stores as sales plunge

Sears will close another 72 stores as sales plunge and losses grow. The beleaguered retailer said that it has identified about 100 stores that are no longer turning a profit, and the majority of those locations will be shuttered soon. ears lost $424 million, or $3.93 per share, for the period ended May 5. It earned $245 million, or $2.29 per share, a year earlier, a quarter that included a $492 million gain tied to the sale of the Craftsman brand. Revenue tumbled more than 30 percent to $2.89 billion, with store closings already underway contributing to almost two thirds of the decline.

In Department News

State of Connecticut Career Posters - Job Journeys

For those seeking more information before making a career choice, the Department's "Job Journeys" posters can serve as a valuable resource. "We want every jobseeker, student, career counselor, teacher, education and training administrator and workforce professional in the state to know about our series of Job Journey posters," notes State Labor Commissioner Scott D. Jackson. "These colorful, at-a-glance illustrations of the jobs found in each of Connecticut's 16 career clusters include pay and education information, related jobs,and how they measure up as an "in-demand' career."

Connecticut Career Paths: 2017

This publication is created to provide you the information about the skills and training to prepare yourself for a successful career in one of over 340 occupations in the state. For each of the occupations included in the Career Table, information is provided on number employed, job openings, education and training requirements and the earning potential for your chosen field.

Manufacturing and other Middle skills Jobs

A recent publication by the Connecticut Department of Labor's Office of Research titled, Connecticut's Manufacturing and Other Middle-skills Jobs, was created to inform people seeking work or considering a career change of various employment opportunities. Connecticut areas and industries with the most job postings and related jobs to each occupation are also included in the publication.

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