Connecticut announced more Small Business Express Program loan-grant packages on Wednesday.
• Lightning PC Inc., of Prospect, is a full service IT firm investing $103,000 and receiving a matching grant of $100,000 to expand its facility and marketing efforts. Lightning provides network and integration services, Web design, computer support, and computer repair. The company will add two positions.
• Outbound Inc., of Milford, develops, manufactures, and sells material handling equipment for warehouses, automotive garages, and home workshops. Outbound is investing $229,100 to design, prototype, and build production tooling, and develop marketing for new materials and product line. The company is receiving a loan for $250,000. Outbound will retain three and create 10 jobs.
• Precision Dip Coating LLC, of Waterbury, is investing $149,695, and receiving a matching grant of $100,000. The company is moving to a new facility in Waterbury, and will more than double its current size to accommodate recent and anticipated growth. The money will fund leasehold improvements, machinery and equipment, and relocation costs. Precision Dip will retain eight positions and hire two.
• Vellrath Engineering, LLC of Plymouth, known for spray-applied, fire-resistant materials, has developed an affordable, easy to mix, fire resistant material for the consumer market. The company is combining a $100,000 matching grant with company funds of $120,000 for product testing, machinery and equipment, inventory, and marketing. Vellrath is retaining one position and hiring another.
• West Hartford Deli Inc. is converting its business into a full-service, mid-priced, bar and restaurant. The company is investing $180,000 and receiving a matching grant of $47,500 for leasehold improvements, machinery and equipment, and training. West Hartford Deli will retain six and hire five new positions.