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Economic Development

State offering $5M in brownfield remediation grants

Patricia Daddona |

The Connecticut Department of Economic and Community Development (DECD) has earmarked $5 million for brownfield remediation and assessment projects, state officials announced.

Gov’t incentives need third-party oversight

State Comptroller Kevin Lembo is renewing his calls for better oversight of the state's economic incentives. He says the agency charged with handing out tax credits, grants and other perks shouldn't...

$10M in CT aid for Colt's W. Hfd. expansion

Gregory Seay |

West Hartford gunmaker Colt's Manufacturing is getting $10 million in state aid to expand operations and jobs, authorities say.

Murphy, Courtney: Trump cuts to job training grants could hurt EB

ANA RADELAT | CT MIRROR | 1

President Donald Trump's budget calls for cutting manufacturing training money that has helped provide hard-to-find skilled workers for Electric Boat and its suppliers, even as the president wants to...

CT's Savings Institute shedding trust division

Gregory Seay |

Windham's Savings Institute Bank & Trust is selling its trust and asset-management division to a pair of Massachusetts banks.

Mohegan Sun expanding with $80M convention center

Patricia Daddona |

Mohegan Sun is planning to open a new, $80 million conference center next summer to cater to convention and meeting business.

Embracing, 'carnival' atmosphere coming to Hartford's ballpark

Gregory Seay | 1

Yard Goats fans who flock to downtown Hartford's Dunkin' Donuts Park opening day April 13 will eye the mound, in anticipation of pitchers' arsenals of fastballs, curveballs and sinkers.

Lembo renews push for outside review of business incentives

KEITH M. PHANEUF | CT MIRROR |

State Comptroller Kevin P. Lembo has renewed his push to require an independent analysis of the hundreds of millions of dollars in economic incentives Connecticut provides annually to businesses.

Comcast 's $6M Hartford network expansion in place

Patricia Daddona |

Comcast has completed a $6 million network expansion in downtown Hartford that adds capacity and offers business customers 10 Gigabits-per-second high-speed Internet access.

Regulators OK People's United's $402M NY bank buy

Patricia Daddona |

Bridgeport-based People's United Financial has received approval by the board of governors of The Federal Reserve to buy Riverhead, N.Y., lender Suffolk Bancorp for $402 million.

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