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.
Connecticut law firms are pursuing aggressive expansion through new hires, office openings and AI investments following record profit growth in 2025, though rising technology costs and talent retention challenges are testing the sustainability of that momentum.
Gfeller Laurie LLP has expanded into Denver and Rutland, Vermont, adding six attorneys and four former presidents of the Association of Ski Defense Attorneys as the industry faces growing liability uncertainty.
Connecticut now has 81 mandated health insurance benefits, up from 46 a decade ago, driving premium costs higher as lawmakers debate whether to require cost-benefit analyses before approving new requirements.
A Wethersfield commission's rejection of a restaurant proposal in a historic building highlights how local opposition to development — even modest projects with clear economic benefits — has become a barrier to Connecticut's growth.
Five Connecticut lawmakers argue that association health plans — which allow small businesses and nonprofits to pool together for better rates — could provide relief as premiums climb and federal subsidies face uncertainty.
Kibu has raised $5.1 million and now works with about 300 disability service providers in 39 states, helping them automate Medicaid documentation and freeing up staff time for direct care.
The Norwich-based mutual bank has grown to $1.2 billion in assets without acquisitions, expanding into Greater Hartford by retrofitting former community bank branches and betting demand remains strong for locally based institutions offering personal service.
Anthony Anthony, who led the state's "Make It Here" rebranding campaign and launched tourism trails with attention-grabbing marketing stunts, is leaving in early February to start his own consultancy.
The governor told Hartford Business Journal he'll focus on reducing health care and energy costs during the short legislative session, while uncertainty around federal funding cuts could limit the scope of what lawmakers can accomplish.