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Peter Denious, President and Chief Executive Officer, AdvanceCT, discusses foreign direct investment, why Millennials are flocking to Hartford, and Connecticut's new long-term economic development strategy.


https://businessfacilities.com/2021/07/snapshots-60-seconds-with-peter-denious-advancect/
Peter Denious, President and Chief Executive Officer, AdvanceCT, discusses foreign direct investment, why Millennials are flocking to Hartford, and Connecticut's new long-term economic development strategy.

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This section includes articles related to area economic development, corporate relocation, company expansion and site selection news throughout Connecticut. ARE WE MISSING SOMETHING? - Submit A Press Release.


Latest: Snapshots: 60 Seconds with Peter Denious, AdvanceCT - Peter Denious, President and Chief Executive Officer, AdvanceCT, discusses foreign direct investment, why Millennials are flocking to Hartford, and Connecticut's new long-term economic development strategy.

Snapshots: 60 Seconds with Peter Denious, AdvanceCT

Peter Denious, President and Chief Executive Officer, AdvanceCT, discusses foreign direct investment, why Millennials are flocking to Hartford, and Connecticut's new long-term economic development strategy.

Philip Morris Relocating Corporate HQ To Connecticut

Philip Morris International's move from New York to Connecticut will bring approximately 200 new jobs to the state by summer 2022.

Manufacturing: The Jobs Multiplier

A lack of ready or willing manufacturing job candidates could cost the U.S. economy up to $1 trillion unless the industry takes proactive steps.

Talent Attraction: Millennial Magnets

Millennials will soon make up 75 percent of the U.S. workforce—and locations that offer the right balance of living, working and playing are the frontrunners to acquire their skills.

Half Of U.S. States To See Minimum Wage Increases In 2021

Many states will make changes to their minimum wage laws in 2021; greatest impacts will be seen in California, Washington and Florida.

Insurance Industry Locations: Shaping The New World Of Insurance

The Hartford Region is home to the headquarters of most of the leading global players in the insurance sector. The insurance industry generates more than $16 billion in output in the region, employing more than 70,000.

Quality of Life: Working Where You Want To Live

Millennials are looking for all of the excitement and amenities found in large urban centers, but at a much lower cost and with the better overall quality of life found in mid-sized cities.

November / December 2020 Issue (Volume 53, Number 6)

In the November / December 2020 Issue, we unveil our new 21st Century Site Seekers' Guide and Site Seekers’ Guide Featured Locations Directory. Plus an update on economic development's response to COVID-19.

California Tops 2020 State Energy Efficiency Scorecard

Massachusetts, Vermont, Rhode Island, New York round out top 5 states for energy efficiency, Nevada is most improved in annual ACEEE report. 

New England: More Than The Sum Of Its Parts

Taken individually each state in New England has a lot to offer, but taken as a region they are a force to be reckoned with.

There’s Still Time To Invest In Qualified Opportunity Zones

The IRS has extended a critical deadline for investments in Qualified Opportunity Zones until the end of the year, hoping to entice investors who have largely sat on their money during the global pandemic.

Center Of Innovation In New Hampshire

Nestled between the Green Mountains of Vermont and the White Mountains of New Hampshire, a red-hot center of innovation Is thriving in Claremont, NH.

Industrial Parks: Cities Of Industry

The world’s largest industrial parks cover hundreds of square miles and rest in the center of titanic logistics networks. These mega-sites literally are metropolises of manufacturing.

Opportunity Zones: Window Of Opportunity

The new federal qualified opportunity zone (QOZ) tax credits are expected to unleash up to $6 trillion in capital investment in more than 8,700 economically distressed areas in the U.S.

Clean Energy: New York Joins Top 5, Maryland Is Most Improved

Across the U.S, states are promoting clean energy with energy-saving rules for buildings, appliances, and more, according to the 2019 State Energy Efficiency Scorecard.

New England: A Rising Tide Of Jobs, Wages

All six New England States experienced gains in wages and salaries in 2018, with the income surge averaging more than four percent in 2Q 2018.

Atlanta, San Antonio, Phoenix Lead In Economic Growth Potential

Atlanta, San Antonio and Phoenix are the top-ranked large metros for Economic Growth Potential in Business Facilities' 15th Annual Rankings Report.

Massachusetts, California Continue As Energy Efficiency Leaders

New Jersey, Connecticut, Colorado, and South Dakota are most improved states, according to ACEEE's 2018 State Energy Efficiency Scorecard.

New England’s Regional Defense Industry Collaboration

The new organization, funded with a $1.5-million grant from the department of defense, will coordinate the growth of defense-related business across the six-state region.

Seven Stars Cloud Group Establishing Global HQ In Connecticut

The $283 million technology and innovation headquarters project is expected to create 330 jobs in West Hartford at the former UConn Campus.

PricewaterhouseCoopers Connecticut Expansion Will Create 400 Jobs

PwC will invest $20 million on the expansion, which includes establishing Stamford, CT as the headquarters for its Insourced Solutions for Tax (IST) division.

General Dynamics Electric Boat Investing $800M In Connecticut

The company will retain and grow its workforce to more than 13,000 jobs over the next 17 years, with help from up to $63 million in state incentives. 

Stamford, Connecticut: Innovating Since 1641

With an excellent quality of life and a robust set of available tax incentives and credits, Stamford, Connecticut leads the pack in commercial and residential development.

Infosys To Create 1,000 High-Tech Jobs In Connecticut

The global IT company will invest $20.6 million in a new technology and innovation hub in Hartford, CT with help from the state's First Five Plus Program.

January / February 2018 Issue (Volume 51, Number 1)

The January / February 2018 Issue features the State of the Year and Deal of the Year winners, an exclusive interview with Arkansas’ governor, plus a look at utilities, automotive, food processing, and aerospace & defense.

Massachusetts Holds On To Top Energy Efficiency Ranking

Idaho, Florida, Virginia are most improved states in ACEEE 2017 State Energy Efficiency Scorecard.

Less Is More In New England

When it comes to employment rates, this six-state region has no trouble outperforming the national average.

Indeed Expanding, Adding 500 Jobs In Connecticut

The tech company will invest $26.5 million to expand its Stamford, CT offices, with help from a $7 million low-interest loan from the state.

Scorecard Identifies Most Energy-Efficient Utilities

ACEEE’s first-ever Utility Energy Efficiency Scorecard looks at the performance of the 51 largest electric utilities in the U.S. and highlights cutting-edge efforts.

SCA Pharmaceuticals Establishing Connecticut Manufacturing Facility

The Arkansas-based company will lease a 90,000-square-foot facility in Windsor, CT, where it will create approximately 361 new jobs over the next four years.

Communities Get Environmental, Economic Development Help From EPA

The EPA will provide 25 communities with technical assistance to pursue development strategies that advance clean air, clean water, economic development and other local goals.

Henkel Corporation Relocating HQ To Connecticut

With the help of the state’s First Five Plus program, the laundry, home and beauty care company will relocate its consumer goods headquarters from Arizona to Stamford, CT.

Feature Story: 2016 Economic Development Awards

With so many locations embracing cutting-edge technologies and innovative development strategies, it was hard to pare down the worthy nominees for our economic development awards festival. Here are the folks who made the cut, the best of the best in the applications of smart practices for sustainable growth.

January/February 2016 Issue (Volume 49, Number 1)

The State of the Year and Deal of the Year awards are the focus of Business Facilities January/February 2016 issue, plus an Automotive Industry Focus.

Aerospace And Defense Jobs Expected To Grow

After several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., according to Deloitte's new ”U.S. Aerospace & Defense Labor Market Study.”

Top 10 States Ranked In Energy Efficiency Scorecard

Massachusetts edges out California as most energy-efficient state, Maryland among most improved, according to the State Energy Efficiency Scorecard from the American Council for an Energy-Efficient Economy (ACEEE).

Business Facilities’ 2015 State Rankings Report: Nebraska Tops Employment Leaders Field

Nebraska edged North Dakota for Business Facilities’ Employment Leaders crown in BF’s 11th annual State Rankings Report.

Small Business Owners Grade Their States For Business Friendliness

Thumbtack.com surveyed 12,632 small businesses across the United States. The survey asked questions about the friendliness of states and cities toward small businesses.

Report Explores Sectors And Metros Driving Construction Jobs Recovery

Study from CareerBuilder and Economic Modeling Specialists International reveals the top 10 metros for employment in commercial construction. Providence, RI-metro region tops the list.

One Year Later

The report cards are in for the Superstorm Sandy recovery and the grade is "incomplete" as misery continues for thousands who have lost their homes or businesses.

Business Facilities & COVID-19

Wilson County, Tennessee: Rising To The Challenge With Resilience

They call it "Wilson Strong:" devastated by a pandemic and a tornado, this Tennessee community met the challenge and kept its dreams intact.

Post-Pandemic Industrial Parks: Risk-Resilient, Resource Efficient

Industrial parks can mitigate social, health and environmental risks by embracing a resource-efficient eco-industrial concept.

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