Construction is wrapping up on a $21.1 million apartment conversion project that aims to revitalize downtown Hartford’s formerly troubled nightclub district into a key link between the XL Center and Union Station.
Recently, as Californians endured a heat wave that sent temperatures well above 100 degrees, hundreds of thousands of families and businesses suddenly found themselves without power.
No lights. No air conditioning. No internet.
In early June, with a historic number of Americans in the streets across the country protesting police brutality against Black people, many corporations felt the urge to respond in some way.
The co-founder of Connecticut’s largest homegrown solar firm, flush with millions of dollars in proceeds from selling the business a few years ago, has even larger aspirations for his next venture.
In just six months, the COVID-19-induced economic recession has pushed Connecticut’s unemployment rate up to nearly 15% as the state budget deficit is also projected to top $2.1 billion in the current fiscal year.
A chaotic 2020 seems to provide a fitting bookend for Neal Keating, who is leaving the corner office at Bloomfield aerospace and medical device component maker Kaman Corp. about a dozen years after assuming the role during the 2008 financial crisis.
The COVID-19 pandemic has led some businesses to rethink expansion plans but in Canton, where construction permits are actually up 10% from last year, Mitchell Subaru plans to build a new 27,000-square-foot facility.