economic development

Latest company to get state funds
6:20 pm
Fri May 9, 2014

Malloy signs $400M tax credit deal for UTC

Connecticut Governor Dannel Malloy signed a law Friday  establishing a $400 million tax credit deal with United Technologies Corporation. The company can redeem the earned research and development tax credits at an accelerated rate. In return, UTC must spend up to $500 million to upgrade and expand facilities at Pratt & Whitney in East Hartford, Sikorsky in Stratford and UTC Aerospace in Windsor Locks.

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UTC is Conn's largest private employer
6:09 pm
Thu April 24, 2014

Bill allowing UTC to use $500 million in state tax credits makes it through the Conn legislature

The Connecticut Senate has approved a bill that would allow United Technologies Corporation to use $500 million in state tax credits to upgrade and expand its facilities in the state. The bill passed by a vote of 34 to 2 on Thursday.

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Stamford Public Schools
5:18 pm
Tue November 12, 2013

Parents react to overcrowding at Stamford schools

Loïc Williams, 7, of North Stamford at home reading one of his books.
Credit Williams family

Stamford is growing. That’s not a bad thing but its 16-thousand student school district is rapidly facing serious overcrowding. In fact, many of its elementary schools will be over capacity starting next year. School administrators have offered up som e solutions but the options – and the timetable - have parents deeply concerned. 

    

  

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