Economic Development News
Governor Malloy: Indeed's Expansion in Connecticut Continues as the Company Plans to Hire an Additional 500 Workers
Monday, December 03 2018
HR Tech Company Expected to Grow its Local Workforce to 1,700 Employees
Hartford, CT — Governor Dannel P. Malloy announced that Indeed, the world’s number one job site, is once again expanding its presence in Connecticut. The HR tech company, which just launched an expansion project last year, is now planning to add an additional 500 workers in Stamford, bringing its total employment in Connecticut to 1,700 workers.
Indeed plans to invest $66 million toward its expansion and is exploring real estate options to accommodate the growth. The company currently leases office space at 177 Broad Street in Stamford.
Thursday, September 13 2018
Hartford, CT — Governor Dannel P. Malloy announced that Gartner, Inc., one of the world’s leading research and advisory companies, is moving forward with plans to expand its global headquarters in Stamford. The company has signed a lease for additional space at 700 Fairfield Avenue that will accommodate growth of 400 new jobs over the next five years.
Gartner, which provides business leaders with indispensable insights, advice, and tools to achieve their mission-critical priorities, employs more than 15,000 associates worldwide, including more than 1,300 that are already based in Connecticut. The company is a trusted advisor and objective resource for more than 15,000 organizations in more than 100 countries.
Governor Malloy Announces Seven Stars Cloud Group Establishing Global Headquarters for Technology and Innovation in Connecticut
Tuesday, July 03 2018
Project Expected to Create 330 Jobs in West Hartford at the Former UConn Campus
Hartford, CT — Governor Dannel P. Malloy announced that Seven Stars Cloud Group, Inc., will be establishing its global headquarters for technology and innovation in Connecticut, transforming UConn’s former campus in West Hartford into a thriving center for research, training, and business development. The $283 million project, called Chain Valley, is expected to create 330 jobs over the next five years.
“Thanks to our best-in-the-nation workforce, high-quality education system, and forward-looking vision, Connecticut has the potential to be a hub for investment in fintech and other high-tech industries` to our state shows that our strategy for recruiting and retaining cutting-edge employers is working. When companies like SSC decide to locate and grow here, combined with unprecedented investments in making our communities more livable and walkable, it makes Connecticut a more attractive place to live and work. Today’s announcement is a major economic milestone for the entire Hartford region.”
Governor Malloy Announces Media Companies ITV America and Wheelhouse Entertainment Establishing Operations in Connecticut, Creating Hundreds of New Jobs
Wednesday, May 30 2018
Companies Launching New Entertainment Production Hub in Stamford, Plan to Create 450 Jobs
Hartford, CT -- Governor Dannel P. Malloy announced that award-winning entertainment production group ITV America – the largest independent producer of non-scripted entertainment content in the United States – will be relocating a significant portion of its business operations to Stamford (the company will also maintain production and office staff in its New York and Los Angeles offices). Additionally, newly launched Wheelhouse Entertainment – founded by entrepreneur and media magnate Brent Montgomery – also will be using Stamford as one of its bases of operations.
Combined, the two entertainment companies plan to create approximately 450 jobs in Stamford across areas of finance and operations, production, and post-production, and more.
“Over the last several years, Connecticut has seen significant growth among media production companies, and we are pleased that ITV America and Wheelhouse have decided to establish operations in our state,” Governor Malloy said. “Connecticut is home to more than 1,200 media-related businesses that employ over 16,000 people. These two nationally renowned production companies plan to create hundreds of good jobs for our state’s residents, and we welcome them to our community.”
Tuesday, May 01 2018
Company to Retain and Grow Workforce to More Than 13,000 Jobs While Investing More Than $800 Million in Connecticut
Hartford, CT — Governor Dannel P. Malloy announced an historic partnership with General Dynamics Electric Boat (EB) that will help the company grow their workforce by nearly 1,900 bringing it to more than 13,000 by 2034, allow for capital investments of greater than $800 million in the state over the next 17 years, and more than double their spending on in-state suppliers, which are located in 102 Connecticut cities and towns. Connecticut’s investment will allow EB to maintain its position as the highest-quality provider of submarines to the U.S. Navy, thus capturing additional overhaul and repair work while continuing the delivery of the Virginia Class Submarines.
“Since the American Revolution, the Provision State has earned its reputation as the Submarine Capitol of the World, thanks to our ingenuity and ceaseless resolve,” Governor Malloy said. “From helicopters, to fighter jets and submarines, Connecticut is a worldwide leader in aerospace and defense manufacturing. Our state’s partnership with General Dynamics Electric Boat will ensure that thousands of good-paying manufacturing jobs continue to grow for years to come. This isn’t just a good deal for southeastern Connecticut, it’s a good deal for residents across the state, where over 700 supply chain companies with locations in over 100 towns will see increased demand from the best submarine maker in the world.”
Sema4 Plans to Relocate its New York Laboratory to Connecticut and Create Over 400 Jobs in the State
Friday, April 06 2018
Cutting-Edge, Health Information Technology Company Picks Connecticut for its Expansion Plans
Hartford, CT - Governor Dannel P. Malloy announced that Sema4, a Mount Sinai venture providing advanced genomic testing, is planning grow its presence in Connecticut by adding 408 new jobs over the next five years. The health information technology company is moving forward with expansions at its two existing locations in the state, including its recently announced headquarters at 333 Ludlow Street in Stamford and its laboratory at 1 Commercial Street in Branford. In addition, the company will soon be relocating laboratory facilities from New York City to a yet-to-be-determined site in Stamford. The move will bring the company’s job presence in Connecticut to at least 553 employees.
“We are thrilled that Sema4 has chosen to significantly expand its operations in Connecticut, bringing their total workforce to over 550,” Governor Malloy said. “It’s no surprise that this cutting-edge, health information company has decided to grow here, thanks to our first-class talent pipeline and exceptional educational institutions. Today’s announcement isn’t just about economic development, it’s about a vision we began years ago to turn Connecticut into a hub for bioscience and tech growth. Thanks to our targeted investments, that vision is coming to life.”
Governor Malloy Announces Infosys Will Establish a Technology and Innovation Hub and Create 1,000 High-Tech Jobs in Hartford
Thursday, March 15 2018
Hartford, CT — Governor Dannel P. Malloy announced that Infosys, a global leader in consulting, technology, and next-generation IT services, is planning to establish a technology and innovation hub in Hartford. The $20.6 million project will see the creation of 1,000 good paying, high-tech jobs in the state’s capital city by 2022.
“Today marks yet another landmark day in Connecticut’s economic development efforts at a time when our investments are bringing new life and vigor to our capital city,” Governor Malloy said. “I am thrilled to welcome Infosys to Connecticut and congratulate them on their decision to establish a technology and innovation hub in Hartford. Connecticut’s tremendous assets and talent pipeline continue to attract high caliber companies to the state, and I look forward to the value that Infosys will bring to our business community.
Governor Malloy and Charter Communications Announce Charter's Plan to Build New Headquarters, Add Jobs
Tuesday, October 03 2017
Charter Commits to Additional 1,100 Jobs in Stamford
Governor Malloy Announces Indeed to Significantly Expand Presence in Connecticut, Increase Stamford Workforce to Over 1,200 Employees
Friday, July 14 2017
Tech Company Plans to Invest $26.5 Million to Expand its Stamford Offices, Where it Will Add 500 New Jobs to its Current Workforce of 700 Employees
Governor Malloy Announces Amazon to Create Large-Scale Distribution Center and Add 1,800 New Jobs in North Haven
Friday, June 09 2017
Company’s Investments Will Bring Jobs, Economic Activity, and Tax Revenue to the Town, Region, and State
Governor Malloy Announces Pharamaceutical Company Opening Manufacturing Facility in Windsor that will Create 361 New Jobs
Wednesday, May 10 2017
Arkansas-Based SCA Pharmaceuticals to Establish a Manufacturing Facility in Connecticut
Hartford, CT -- Governor Dannel P. Malloy aannounced that SCA Pharmaceuticals, an Arkansas-based company, has decided to establish a presence in Connecticut through the creation of a new 90,000 square-foot manufacturing facility in Windsor, where the company has plans to create approximately 361 new jobs over the next four years.
SCA manufactures injectable pharmaceuticals in ready-to-administer dosages for use at hospitals and healthcare facilities. The company helps healthcare facilities increase efficiencies and reduce costs while improving patient care.
“The commitment from SCA Pharmaceuticals to choose Connecticut for its expansion reinforces how our strategic location and world-class workforce makes our state a great place for businesses that are looking to bring their operations to the east coast,” Governor Malloy said. “This is an important sector of our economy, and we are thrilled that this company is adding hundreds of good, high-quality jobs in our state.”
Thursday, November 10 2016
Investment Management Firm Continues to Grow Presence in Connecticut
Hartford, CT -- Governor Dannel P. Malloy announced that AQR Capital Management, a global investment management firm, plans to expand its headquarters and operations in Connecticut over the next ten years — a more than $72 million project that will retain 540 jobs, create up to 600 new jobs, and significantly increase the firm’s economic impact in the state.
“AQR and its employees have spent over a decade contributing to our state, and we’re pleased that the company has committed to expanding its presence and growing jobs here for another ten years,” Governor Malloy said. “Fueling growth in our core industries is one of the keys to our state’s long-term economic success. Connecticut is a financial services and technology innovation leader, and firms like AQR – and the good-paying jobs they create – are demonstrating that our state is moving forward in ways that will be a great economic development boost for the region.”
Governor Malloy Announces Henkel Corporation Moving Headquarters Across the Country and Creating Hundreds of Jobs in Connecticut
Monday, October 10 2016
Company Will Relocate its Consumer Goods Headquarters from Arizona to Stamford, Maintain Division in Rocky Hill
Hartford, CT -- Governor Dannel P. Malloy is applauding the decision of Germany-based Henkel Corporation to relocate its Laundry & Home Care and Beauty Care headquarters across the country from Arizona to Stamford, Connecticut, where the company plans on expanding in a $50 million project that will create up to 266 new jobs in the state.
Henkel offers beauty and personal care, laundry and home care, and a broad portfolio of adhesives, sealants, and surface treatments for consumer and industrial use. Earlier this year, the company announced the acquisition of the Wilton-based The Sun Products Corporation, a leading manufacturer and marketer of laundry care products. With the acquisition of Sun Products, Henkel is the number two laundry and home care products company in North America.
Friday, June 24 2016
Jobs from Gloucester, Massachusetts Moving to Connecticut; Expansion Includes 15,000 Square-Foot Addition for Blown Film Die Production
Governor Malloy Announces Italian Aerospace Company Expanding and Establishing Presence in Connecticut
Friday, February 19 2016
Project Creating 100 New Jobs in State