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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: February 28, 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. February 2018 Business & Employment Changes Announced in the News Media PDF
Startups and Expansions in February 2018

Wilton chip manufacturer to add 524 jobs, expand

Gov. Dannel P. Malloy announced Thursday that ASML, one of the world's leading manufacturers of chip-making equipment, is planning to grow its Wilton operations through an expansion project that will add up to 524 new jobs - bringing its total workforce to more than 1,700 employees. The $100 million-plus project will include substantial interior renovations that start this month, the expansion of its manufacturing and engineering operations, and the construction of a parking garage that will add 550 spaces to its property. Bill Amalfitano, general manager of ASML of Wilton, said the expansion project also speaks to the company's ongoing long-term commitment to grow its workforce in town and its client base worldwide. In addition to more than 500 jobs that will be created, the company is looking to fill 175 vacancies in the next six months.

Two Men and a Truck franchise targets New Haven for growth

Moving franchise Two Men and a Truck is expanding into the New Haven market, opening an office in Fair Haven's Powerhouse Building and adding up to 20 jobs. Doug Sudell, who also owns franchise locations in Rocky Hill and Avon, said he opened the 1,000-square-foot office at 458 Grand Ave. in January in response to customer demand. The proximity to highways, Yale and the Shoreline made the refurbished historic industrial building an ideal spot for the moving and packing business, he added.

British luxury brand Barbour coming to Westport's Bedford Square

British luxury fashion brand Barbour will open its first Fairfield County store at 14 Elm St. in Westport in the spring. The 1,900-square-foot space will be the company's third Connecticut location, after New Haven and an outlet store in Milford. Based in South Shields, England, the company designs, manufactures and markets weatherproofed outerwear, ready-to-wear, leather goods, shoes and accessories for men, women and children. Its location in Westport's Bedford Square will be near that of Williams-Sonoma, which is relocating from its approximately 4,000-square-foot space at 136 Main St. to one nearly twice that size later this year.

Foxwoods Resort Casino opens stadium

Foxwoods Resort Casino recently announced the opening of Rainmaker Stadium with 30 play terminals and three live dealers on high-definition screens offering blackjack and minibaccarat. The stadium features multi-gaming functionality that allows players to toggle between various games at the push of a button from personal terminals. Individuals can play blackjack and minibaccarat simultaneously with the ability to place multiple side bets on minibaccarat.Rainmaker Stadium was created through a partnership with international gambling company Novomatic.

Four Friends Open Woodbury Brewing Company, and More

After months of preparation, the Woodbury Brewing Company is now open for business in the Middle Quarter Mall, 738 Main St. South, serving up a wide selection of beers, wine and craft cocktails. Four good friends, Allan Cetrone, Tim Budrewicz, T.J. D'Alexander and Ken Mair, decided to create the brewery in the summer of 2016. Mr. Cetrone, the brewery's founder and manager, explained that the whole thing came about after he found his previous employer's ethical standards unconscionable and quit, forcing him to find a new line of work.

Educational Playcare expanding to Trumbull, Newtown

With construction of its latest school recently approved by the town of Trumbull, Educational Playcare is a business on the rise. After all, Trumbull will be the company's 18th location since it began in Avon in 1986.  Educational Playcare schools typically serve around 200 children. The Newtown facility will combine 16,788 square feet of new construction on two levels with an existing 2,514-square-foot house, while the Trumbull project will be a newly constructed 16,800-square-foot facility.

First County Bank opening branch in Fairfield

First County Bank is opening its first full-service branch in Fairfield, which it says will provide more convenient banking services to its customers within Lower Fairfield County. The new branch, at 1312 Post Road, diagonally across from the Fairfield Library, is due to open in early February following completion of renovations. The Fairfield branch's retail staff will be led by Branch Manager Benedict Peter and Assistant Branch Manager Iliana Nikolova. Also on-site will be bankers specializing in business banking and residential lending. Investment and trust services will be provided by First County Advisors, the wealth management division of First County Bank.

Layoffs and Staff Reductions in February 2018

Drugmaker Achillion to cut 20% of workforce

New Haven biotech Achillion Pharmaceuticals Inc., smarting from its recent breakup with pharma giant Johnson & Johnson, said this week it will slash 20 percent of its workforce in a restructuring aimed at saving $10 million this year. The plan, which comes amid steep fourth-quarter losses, calls for 18 layoffs, bringing the total workforce to 70 employees. The company said it will use the savings to advance its portfolio of drugs that inhibit Factor D, an immune system enzyme, to treat rare immune-related diseases.

Applebee's closed 99 locations last year - and it's about to close dozens more

Applebee's and IHOP are planning to close up to 120 restaurants between the two chains this year, as the brands try to correct some major missteps. On Tuesday, Applebee's announced that it anticipated the closure of 60 to 80 locations in 2018. Its sister brand, IHOP, is expected to close 30 to 40 locations. Applebee's closed 99 locations in 2017 and 46 locations in 2016. IHOP closed 23 locations last year and 16 the year before. Applebee's franchisees spent millions of dollars on changes such as installing fire grills and redesigning locations starting in 2016 .

MassMutual Will Close Enfield Offices, Sending 1,500 to Massachusetts, 'The Best Place for Us to Grow'

MassMutual announced Thursday it is closing its office in Enfield, which employs 1,500, and will expand operations in Springfield and Boston in order to "grow and thrive over the long term." Massachusetts Mutual Life Insurance Co. said it will spend nearly $300 million in Massachusetts and add 1,500 jobs in Springfield over the next four years, expanding the workforce there to 4,500. It also will increase its presence in Boston, adding 1,000 jobs in the coming years. Massachusetts will give MassMutual a package of incentives worth $46 million.

Stamford company declares bankruptcy

Troubled printing firm Cenveo plans to keep running after declaring bankruptcy on Friday, but major questions remain about the impact on shareholders. "The plan we are pursuing today will significantly reduce our debt and improve our capital structure to support our long-term business strategy," Robert Burton, Sr., Cenveo's Chairman and CEO, said in a statement Friday. "This court-supervised restructuring process will protect our business operations, as we will continue to operate in the ordinary course." The company reports having about 100,000 customers. Its announcement did not comment specifically on how the bankruptcy would affect its $61 million printing and mailing contract for the 2020 U.S. Census.

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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