NBC and Connecticut Governor, Dannel P. Malloy, officially confirmed that much of NBC’s sports operation will move from Rockefeller Center in New York to a former Clairol factory in Stamford, Connecticut. The relocation is estimated to add at least 450 jobs to the state.
Construction is expected to begin in September 2012 with the move taking place in 2013.
The NBC Sports Group, which includes the sports productions of the NBC broadcast network, NBC Olympics, NBC Sports Digital, VERSUS (soon to be renamed the NBC Sports Network) and the Comcast Sports Management Group, is expected to receive millions of dollars in tax credits from the state in addition to a loan of $20 million at one percent interest (specifics contingent upon job creation).
According to Mark Lazarus, chairman of NBC Sports Group, the entertainment company is creating a 32-acre site that leaves room for numerous studios and future growth.
You might like:
- Thomson Reuters Expanding Texas Operations
- Advanced Manufacturing Industry: Dynamic Advancements
- State Focus – Kansas: The Sunflower State Is Blooming and Booming
- Feature Story: 2016 Economic Development Awards
- Automotive Industry Focus: Hitting On All Cylinders
- Cover Story: Global Biotech Report
- Race to a Smart Future
- Toyota Chooses Ann Arbor For Third U.S. Research Facility
- DH Pace Company Expands Kansas HQ Facility
- Heroic Efforts In California
- Water on the Brain
- Cape Coral Economic Development Office: Location Spotlight of the Week
- GM Investing Over $788M, Creating 781 Jobs In Tennessee
- Axiall, Lotte Invest $3 Billion in Louisiana Chemical Plants
- Monsanto To Invest $975M In Louisiana Expansion
- $25 Million Pledged for Economic Development Partnership in Flint, Michigan Amid Water Crisis
- Auto Supply Manufacturer Adding 80 Jobs In Indiana