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🔒Major CT manufacturer announces board chair succession plan

Wallingford manufacturer Amphenol Corp. said its board of directors has approved a leadership succession plan that will shift the company’s chairmanship in May.

🔒Glastonbury’s HABCO acquired by Alaskan corporation

Glastonbury-based aerospace manufacturer HABCO Industries has been acquired by Cook Inlet Region Inc.

🔒Stanley Black & Decker continues to pivot manufacturing out of China to counter tariffs

The company says it has also raised prices to counter tariffs, inflation and higher raw material costs.

PE-backed CT masonry business acquires New England manufacturer

US Masonry and Building Products said it purchased York Flashings LLC, which manufactures products designed to seal joints and channel moisture out of building walls to help prevent water damage.
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🔒Groton’s Electric Boat fuels revenue surge at General Dynamics

Marine systems’ revenue was up 22% in the fourth quarter, something that CEO Phebe Novakovic called a “remarkable growth story.”

🔒Amphenol posts record results, discloses up to $300M potential China tax exposure

The electronics and fiber-optic connector manufacturer said fourth-quarter sales rose 49% from a year earlier to $6.44 billion.

CT industrial magnet producer acquired

A Shelton-based manufacturer of magnetic components and transformer products has been sold to an individual buyer.

🔒After decades of growth, Wolcott fastener manufacturer adds new facility in $4M expansion

The longtime partners, who bought the rivet maker in 1997 when it had seven employees and one customer, are investing $4 million in a new Wolcott facility as the company continues to expand its precision fastener business across multiple industries.
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Pratt & Whitney posts 50% operating profit increase in 4Q; parent company CEO responds to Trump criticisms

RTX, the Arlington, Virginia-based aerospace and defense company, reported fourth-quarter earnings that beat analysts' expectations.

CT industrial products maker Crane names new CEO, buys German sensor company

Stamford-based industrial products manufacturer Crane Co. has named a new CEO and announced the acquisition of a...
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