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CT is No. 2 fuel cell state in country

Connecticut is the second best state in the nation for fuel cell development, support, and implementation, behind only California, according to the U.S. Department of Energy.

STR closes Zhenfa equity sale, shakes up board

Enfield's STR Holdings said it has sold $21.7 million worth of newly issued shares to a new Chinese corporate partner and appointed four new board members.

Pratt's Brantner takes off for new opportunity

Gregory Seay |

The past 12 months were a whirlwind for David Brantner. As commercial-engines president at Pratt & Whitney for most of 2014, Brantner watched its breakthrough PurePower geared...

UTC’s 2015 guidance below expectations

Hartford’s United Technologies Corp. told analysts Thursday that it expects 2015 earnings per share of between $7 and $7.20 on sales between $66 billion and $67 billion.

Thompson cardboard firm pays $100K EPA fine

Thompson cardboard manufacturer Norampac New England has agreed to pay a $100,000 fine for alleged violations of the federal Clean Water Act.

Electric Boat nabs $44.5M contract

The U.S. Navy has awarded a $44.5 million contract modification to Groton submarine maker Electric Boat, parent company General Dynamics announced.

Johri returns to UTC to fill CFO role

United Technologies Corp. has hired Akhil Johri as its new chief financial officer, following his predecessor Gregory J. Hayes' promotion to CEO, the Hartford aerospace manufacturer announced.

DECD launches $3.5M voucher to manufacturing program

The state has launched a $3.5 million voucher program to help manufacturers solve engineering and marketing challenges, officials announced.

Ironwood-backed tool maker sold to Swiss buyer

Swiss multinational Oetiker Group has purchased Branford’s Rostra Tool Co., which is backed by Avon private equity firm Ironwood Capital, for an undisclosed sum, the parties announced.

Berlin manufacturer nets $2.1M CT loan

Berlin commercial and aerospace machining shop Amco Precision Tool Inc. has received a $2.1 million loan at favorable terms to add jobs in support of a new contract that requires it to ramp up...

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