Manufacturing

🔒CT gunmaker Ruger pushes back against European shareholder in board fight

Sturm, Ruger & Co. is pushing back against criticism from its largest shareholder, accusing the European gunmaker seeking seats on its board of attempting to gain influence over the company on terms that would disadvantage other investors.

CT company partners with soccer star Alex Morgan on marketing campaign

Rocky Hill-based consumer goods manufacturer Henkel has partnered with U.S. soccer star Alex Morgan on a new marketing campaign.

🔒Stanley Black & Decker details layoff timetable for 300 workers

After announcing last week that it will permanently close its last remaining manufacturing plant in New Britain, toolmaker Stanley Black & Decker this week has provided the state with a specific timetable for layoffs from that facility.

🔒Shelton manufacturer sees profits drop, restructures as truck demand weakens, tariffs add pressure

The Eastern Co. reported lower sales and profits in 2025 as demand weakened in the heavy-duty truck and automotive markets, tariffs increased costs and the company cut expenses through restructuring.
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🔒CT aerospace manufacturer reaches agreement with shareholder, adds former Kaman CEO to board

Hexcel Corp. said it has entered into a cooperation agreement with a shareholder, adding former Kaman Corp. CEO Neal J. Keating to its board of directors.

🔒Stamford-based ITT completes $4.78B deal for process technology provider

Stamford-based ITT Inc., a manufacturer of components for the transportation, industrial and energy sectors, said it has...

🔒Tariff volatility disrupts CT manufacturer’s sales despite higher earnings

Tariff volatility and shifting federal trade policy disrupted customer orders at Acme United Corp. in 2025, tempering sales growth.

Stanley Black & Decker to close last New Britain manufacturing plant; hundreds of jobs impacted

Toolmaker Stanley Black & Decker announced it will close its last remaining manufacturing plant in New Britain,...
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🔒CT firearms manufacturer Sturm Ruger faces proxy fight with European investor

Southport-based Sturm, Ruger & Co. is facing a boardroom challenge from its largest shareholder, which is seeking to reshape the firearms manufacturer’s leadership and strategy.

CT firearms manufacturer Sturm, Ruger replaces three board members

Three members of Sturm, Ruger & Co.’s board of directors have retired and been replaced.
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