CT News Junkie

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Manufacturing Sector

April 12, 2018

$100M For Electric Boat?

by Christine Stuart | Apr 12, 2018 5:29am
Posted to: Business | Congress | 2nd CD | The Economy | Manufacturing Sector | Jobs | Labor | Manufacturing | Military Spending | National Security | Groton

United States Navy / wikimedia commons

HARTFORD, CT — They were able to come together in 2016 to approve a $220 million economic incentive package for Lockheed Martin to keep helicopter production in Connecticut, and state Sen. Cathy Osten is hoping the legislature can do it again for Electric Boat.

Continue reading "$100M For Electric Boat?" »

March 7, 2018

DC NEWS JUNKIE | Courtney Urges Navy to Rev Up Sub Building

by Peter Urban | Mar 7, 2018 6:30am
Posted to: Business | US Foreign Policy | Congress | 2nd CD | DC News Junkie | Federal Budget | Jobs | Manufacturing | Military Spending | National Security | Groton | New London | Manufacturing Sector

U.S. Navy photo courtesy of Huntington Ingalls Industries by Chris Oxley/Released

WASHINGTON — U.S. Rep. Joe Courtney urged the Navy on Tuesday to find ways beyond what is already in its budgeted plans to speed construction of the U.S. submarine fleet so that it can achieve the 66-boat level called for in its recently released long-term Force Structure Assessment.

Continue reading "DC NEWS JUNKIE | Courtney Urges Navy to Rev Up Sub Building" »

March 5, 2018

Tesla, Car Dealers Square Off

by Christine Stuart | Mar 5, 2018 1:36pm
Posted to: Business | Consumer Protection | Corporate Watch | Courts | Energy | Environment | Jobs | Manufacturing | Greenwich | DMV | Manufacturing Sector | Retail Sector | Trade, Transportation, Utilities Sector

HARTFORD, CT — It’s the fourth year that Tesla, an American electric car maker, is asking the General Assembly for permission to sell its vehicles in Connecticut.

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Connecticut Has Investments In Gun Makers

by Christine Stuart | Mar 5, 2018 6:30am
Posted to: Business | Public Health | Public Safety | Wall Street | Newtown | Pensions | Manufacturing Sector | Financial Sector

jack kramer / ctnewsjunkie

HARTFORD, CT — The state of Connecticut has $16.5 million or 0.05 percent of its six pension funds and nine trust funds invested in five companies that manufacture guns.

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February 23, 2018

Manufacturing Continues As Bright Spot In Connecticut’s Economy

by Christine Stuart | Feb 23, 2018 6:30am
Posted to: The Economy | Manufacturing Sector | East Hartford | Manchester

Christine Stuart / ctnewsjunkie
EAST HARTFORD, CT — There are about 13,600 job openings in Connecticut manufacturing right now, and even though the state has beefed up its community college training programs and increased its tax credits, there’s no way they will all be filled.

Continue reading "Manufacturing Continues As Bright Spot In Connecticut’s Economy" »

January 22, 2018

Connecticut Ends Year On Positive Jobs Note

by Christine Stuart | Jan 22, 2018 12:56pm
Posted to: The Economy | Leisure & Hospital Sector | Manufacturing Sector | Financial Sector | Trade, Transportation, Utilities Sector | Labor

jörg röse oberreich via shutterstock
HARTFORD, CT — After months of job losses, preliminary numbers from the U.S. Bureau of Labor Statistics show Connecticut ended 2017 by gaining 6,000 jobs in the month of December.

“December job growth ended the year on a better note than in previous months,” Andy Condon, Director of the Office of Research, said. “Preliminary data indicate that Connecticut grew 7,700 jobs on a seasonally-adjusted basis and 6,200 jobs on an average annual basis. This is actually better than the 5,000 average annual growth seen in 2016.”

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December 18, 2017

DC NEWS JUNKIE | GOP Plans Tax Cut Vote; Senate to Confirm ‘Badass’ Greenwich Banker

by Peter Urban | Dec 18, 2017 5:34pm
Posted to: Business | Congress | DC News Junkie | The Economy | Manufacturing Sector | Federal Budget | Jobs | Manufacturing | Taxes | Wall Street | White House

Orhan Cam via Shutterstock
Congressional Republicans plan this week to approve an overhaul of federal tax policy that would provide substantial savings to corporations and make filing taxes simpler for many Americans.

The bill, negotiated last week between the House and Senate Republicans, is not expected to draw any support from Democrats who voted against earlier versions that cleared the two chambers. The new bill, which is subject to an up-or-down vote, more closely follows the Senate-approved version.

Continue reading "DC NEWS JUNKIE | GOP Plans Tax Cut Vote; Senate to Confirm ‘Badass’ Greenwich Banker" »

November 21, 2017

Business Owners Report Mixed Outlook

by Christine Stuart | Nov 21, 2017 12:10pm
Posted to: Business | Economic Development | Workforce Development | The Economy | Manufacturing Sector

ctnewsjunkie file photo HARTFORD, CT — Connecticut businesses are reporting a mixed outlook for their firms, according to a survey released Monday by the Connecticut Business & Industry Association.

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November 20, 2017

State Bond Commission Poised To Approve Money To Remediate Blight

by Christine Stuart | Nov 20, 2017 2:40pm
Posted to: Business | Real Estate | Economic Development | The Economy | Manufacturing Sector | Environment | Hartford

Christine Stuart / ctnewsjunkie HARTFORD, CT — Standing outside the site of a former manufacturing company on Homestead Avenue, Gov. Dannel P. Malloy announced Monday that the state planned to dole out another $13.6 million to clean up blighted and contaminated properties known as brownfields.

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November 17, 2017

Defense Authorization Bill Clears Congress

by Peter Urban | Nov 17, 2017 5:49pm
Posted to: Congress | DC News Junkie | Federal Budget | Jobs | Military Spending | National Security | White House | Manufacturing Sector

Paul J Martin via Shutterstock
The House and Senate this week sent a final version of the 2018 National Defense Authorization Act to the President’s desk.

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