Gov. Dannel Malloy at the Stamford headquarters of Starwood Hotels and Resorts on Thursday, as Ken Siegel of Starwood looks on.
Credit Craig LeMoult
Connecticut Governor Dannel Malloy says Stamford-based Starwood Hotels & Resorts will receive a state loan of up to 5 million dollars and up to 20 million dollars in tax credits. In exchange, the company will add jobs in Connecticut.
The state of Connecticut is giving the Stamford-based office technology company Pitney Bowes $10 million in forgivable loans and $17 million additional in loans, grants and tax credits, in order to keep the company in the state.