Posted on February 4, 2015
A slew of new wastewater projects aimed at protecting the quailty of water will possibly create more Connecticut jobs. About $480 million in grants and loans were approved by local projects aimed at improving wastewater treatment plants and sanitary sewer systems. Projects to be supported by funds approved for release by the Bond Commission include: […]
Posted on January 25, 2015
The Meriden train station on the New Haven-Hartford-Springfield (NHHS) rail corridor, which is the site of an ongoing transit-oriented development (TOD) project, will possibly create many Connecticut construction jobs. Governor Malloy outlined his long-term vision for investing in upgrading and modernizing Connecticut’s transportation infrastructure. The goal is to focus on stimulating the area within a […]
Posted on January 8, 2015
Many restoration projects are planned around the state that will create many more Connecticut construction jobs. About $30 million in grants for the restoration and resiliency to existing infrastructure in municipalities impacted by Super Storm Sandy. The award recipients are as follows: Bridgeport, Crescent Crossing — $2,912,893: This project will correct flooding by raising the […]
Posted on January 5, 2015
The increase in the minimum wage, effective January 1, is impacting Connecticut jobs. The minimum wage is up from the current rate of $8.70 an hour to $9.15 per hour. Following this week’s increase, there are two more scheduled under the adopted law: it will rise to $9.60 on January 1, 2016, and then to […]
Posted on December 29, 2014
The latest economic report shows that the state grew and added Connecticut jobs. The monthly report shows: Connecticut saw a net increase of 4,700 private sector jobs in November 2014 Since January 2011, the total number of private sector jobs in the state has increased by 76,000 The state’s private sector has recovered 92% of […]
Posted on December 8, 2014
AMCO Precision Tool Inc. is expanding and creating more aerospace jobs in Connecticut. The Berlin-based company, which provides aerospace and commercial parts machining industry, will support a $160 million contract over the next 20 years. The State Bond Commission at its most recent meeting approved a $2.1 million loan in support of the project, which […]
Posted on December 2, 2014
The Connecticut Technical High School System’s (CTHSS) manufacturing programs are being expanded upon to help create more manufacturing jobs in Connecticut. The State Bond Commission will vote to approve $5 million for the continued expansion of the program. The funds are requested to finance the purchase and installation of equipment and machinery, alterations and improvements […]
Posted on December 1, 2014
The state’s Subsidized Training and Employment Program known as “Step Up” is helping small businesses create Connecticut jobs. The program assists with workforce training and is continuing its efforts to expand its job creation goals, resulting in nearly 700 companies creating 2,743 new jobs in the state since its launch. Step Up provides either a […]
Posted on November 7, 2014
Aetna is establishing its captive insurance company and creating more insurance jobs in Connecticut. A captive insurer is wholly owned by a parent company to insure the risks of the parent and its related companies. Aetna’s captive, the Aetna Risk Insurance Company, will provide liability coverage for the company, including errors and omissions, employment practices […]
Posted on November 2, 2014
UBS, global bank and wealth manager based in Switzerland with established offices in Stamford, has amended their partnership agreement with the state, so the company will retain its Connecticut finance jobs. Under the terms of the original loan from the Department of Economic and Community Development (DECD), the company received $20 million which was fully […]
