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Economic Development

Griebel on the business climate: 'Confidence must be restored'

KEITH M. PHANEUF | CT MIRROR |

R. Nelson “Oz” Griebel, longtime chief executive officer of the MetroHartford Alliance, has been active in state, regional and city public policy for nearly two decades.

In DoNo's shadow, Hartford's other developments take off

Gregory Seay |

Almost unnoticed amid Hartford's booming conversions of older office buildings into housing and commercial space and construction of a ballpark and UConn campus, is another wave of development that...

Capital City's towering imprint drives its economic curator

Gregory Seay | 1

Sean M. Fitzpatrick, the city of Hartford director responsible for seeking out and maximizing its best economic opportunities, is never far from reminders of the importance of his role — and...

Malloy holds line on business taxes; maintains tax credits, incentives

Matt Pilon |

Gov. Dannel P. Malloy's proposed $40.6 billion biennial budget has businesses breathing a tentative sigh of relief, though plenty can happen between now and June 7, the last day of the legislative...

Malloy: Choice is modernize or close aging XL Center

Mark Pazniokas | CT Mirror | 1

Gov. Dannel P. Malloy said Friday that a $250 million plan to overhaul the aging XL Center in downtown Hartford to keep University of Connecticut teams as tenants is a blueprint to modernize a 1970s...

Windsor Locks plant part of Serta Simmons plan to expand nationally

Howard French | Journal Inquirer |

Atlanta-based mattress manufacturer Serta Simmons Bedding LLC is making a $100 million, multiyear investment to add to its manufacturing capacity and extend its advertising, company officials say.

Avon insurance broker Bakker Agency acquired by Mass. firm

Patricia Daddona |

Avon insurance broker Peter M. Bakker Agency Inc. has been bought by Renaissance Alliance Insurance Services, an independent insurance agency in Wellesley, Mass.

Survey: CT business owners eyeing retirement unprepared for exit

Patricia Daddona | 1

Of the 2,500 Connecticut business owners surveyed in a 2016 exit planning study, 60 percent said they plan to retire in the next five years, but most do not have an exit strategy.

Aetna credit rating improves as Humana deal fades

Patricia Daddona |

S&P Global has removed Aetna Inc. and Humana Inc. from a credit watch, listing their outlooks as stable, following the end of their $37 billion merger plans.

United Bank moving 200 to downtown Hartford

Gregory Seay |

United Bank, a community lender based in Glastonbury, is relocating its administrative base and some 200 workers to downtown Hartford's Goodwin Square office tower before yearend, officials say.

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