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Manufacturing lifts CT GDP performance

Newly release statistics from the U.S. Bureau of Economic Analysis show that Connecticut’s 2.8 percent GDP growth in the final quarter of 2013 (its second best of the year) was largely due to...

UTC licenses cutting software to California company

A California company that makes CNC machining software has licensed UTC Technologies Corp. cutting process software, UTC announced.

State awards $1.8M loan, grant to former Marlin factory buyer

The manufacturing company that’s consolidating its New Haven and Massachusetts plants to a former gun factory in North Haven has received a $1.8 million loan and a $250,000 training grant,...

S. Windsor manufacturer gets FDA clearance for facial implant

South Windsor's Oxford Performance Materials said it has received clearance from the U.S. Food and Drug Administration to market its 3-D printed facial implant.

Unemployment rate ticks down as CT adds 2,400 jobs

Connecticut's unemployment rate ticked down from 6.7 percent to 6.6 percent in July, as the state gained 2,400 jobs, the Department of Labor said Friday.

Kaman to pay 16-cent dividend

Bloomfield aerospace manufacturer and industrial distributor Kaman Corp. said it will pay a 16-cent dividend on Oct. 2 to shareholders of record as of Sept. 16.

STR selling majority stake to Chinese firm for $22M

Enfield solar parts manufacturer STR Holdings announced on Tuesday its intention to sell the controlling interest in its company to a Chinese developer for $21.7 million by the end of the year.

CT to launch aerospace summit next month

Since Connecticut manufacturers and government officials travel across the world to promote the state’s aerospace offerings, officials are planning Connecticut’s own summit, they said.

Sterling metals business acquired

Ohio’s DuBois Chemicals Inc. said it has completed its acquisition of Angler Industries in Sterling.

Amphenol to split stock

With its shares trading at all-time highs, Wallingford cable and connectivity products manufacturer Amphenol said it will split its stock later this year.

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