GE to receive $6.5B in dividends from finance armGeneral Electric Co. said Monday that it will receive $6.5 billion in dividends from its finance arm this year as the Fairfield conglomerate works on reducing the size of its GE Capital financial... |
UTC unloads Pratt power systemsHartford conglomerate United Technologies Corp. finalized its unloading of East Hartford-based Pratt & Whitney Power Systems to a Japanese manufacturer, UTC announced Friday. |
CT Senate passes manufacturing tax creditThe state Senate unanimously embraced a higher tax credit for manufacturers who train the next generation of workers. |
GE engines on Boeing 777 need fix
By Chris Isidore, CNN |
General Electric is warning airlines using its jet engines on their Boeing 777s that they need to make a fix, following two incidents in which engines shutdown in flight. |
Waterbury energy center to install 45kw solar arrayThe Energy Systems Sales & Training facility in Waterbury will install a 45-kilowatt solar photovoltaic system, as part of plan to eventually manufacture Taiwanese solar in Connecticut. |
CT schools compete to reduce carbon footprintMore than 60 freshmen from East Hartford High School, New Britain High School and Wilby High School in Waterbury will compete on Monday to reduce their schools' carbon footprint. |
CT's Rogers freezing pension puts to save $12MKillingly technology manufacturer Rogers Corp. says it's freezing its contributions to its employees' pension plans starting this summer, under its overall plan to save $12 million by the first... |
UTC antes $3M more to Yale cancer researchHartford conglomerate United Technologies Corp. donated $3 million to establish a new endowed professorship at the Yale Cancer Center in New Haven. |
Manufacturers seek break on taxes to spur investmentConnecticut manufacturers are pushing for state and federal tax breaks so they can invest more of their earnings into better equipment, jobs, and expansions. |
UTC's Pratt cutting white-collar staffing
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East Hartford aerospace manufacturer Pratt & Whitney is offering voluntary buyouts to eliminate several hundred U.S. salaried positions as its military engine program winds down, the company says. |