Connecticut

This section includes articles related to area economic development, corporate relocation, company expansion and site selection news throughout Connecticut.

manufacturing jobs

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

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.
Minimum Wage

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.
Hartford Region insurance industry

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

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

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.
energy efficiency

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

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.
Qualified Opportunity Zones

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.
Claremont, NH

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

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

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

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

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.
Economic Growth Potential

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.
2018 State Energy Efficiency Scorecard

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 region

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 West Hartford Connecticut

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 (PwC) Stamford, CT

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.
Connecticut

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. 

Rankings & Awards

Micron, Intel, Chevron Phillips, Hyundai Top 2022 Deals Of The Year

The annual Business Facilities Deal of the Year awards have expanded to recognize four winning project announcements.
2022 State of the Year

North Carolina Is Business Facilities’ 2022 State Of The Year

North Carolina is named Business Facilities’ 2022 State of the Year, the second time the state has been recognized for this top honor.

Business Facilities Featured Location Spotlight

Location Spotlight: Santee Cooper – CAMP HALL

Camp Hall is a first-of-its-kind, master-planned industrial work space located in a business epicenter of the South and at the heart of modern Southern culture — Charleston, S.C.

Business Facilities Featured Location Videos

[VIDEO] Made Possible in Lehigh Valley

The region has been recognized as one of the fastest-growing economies in the nation and is just a short drive away from major mid-Atlantic cities including New York City, Philadelphia, Baltimore, and Washington D.C.