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Manufacturing

🔒Outgoing Stanley Black & Decker CEO to receive multimillion-dollar compensation package

Stanley Black & Decker CEO Donald Allan Jr. will receive a multimillion-dollar compensation package as part of his agreement to transition into a role as executive chairman of the company’s board of directors.

Real Estate & Construction

🔒24-unit New Britain apartment building fetches $2.8M, 60% over 2024 sale price

New Britain apartment sells for $2.8M, 60% over 2024 price.
Manufacturing

Stanley Black & Decker names new CEO

Stanley Black & Decker announced early Monday that Donald Allan Jr., CEO of the New Britain-based toolmaker, will step down from the company.
Restaurants

Birdcode hot chicken restaurant set to open Friday in New Britain

Birdcode, a Connecticut-based fast-casual restaurant serving spicy chicken, is set to open its fourth location in the...
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Hospitality & Tourism

Birdcode hot chicken restaurant set to open Friday in New Britain

Birdcode, a Connecticut-based fast-casual restaurant serving spicy chicken, is set to open its fourth location in the...
Economic Development

New Britain receives $2M remediation grant for New Britain Business Center

The city of New Britain has received a $2 million grant to remediate a contaminated site at...
Health Care

🔒Durand returns to CT from Rhode Island to lead New Britain’s Hospital for Special Care; reimbursement rates, worker burnout among key challenges

When Lynn Ricci, the longtime president and CEO of New Britain-based Hospital for Special Care (HFSC), announced in June last year...
Economic Development

New Britain industrial property converted to 154 apartments, in $85M effort, fills quickly

With an $85 million multifamily conversion of a roughly 225,000-square-foot New Britain industrial complex nearly complete, Boston-based...
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Manufacturing

Stanley Black & Decker raises prices on tariff concerns, will move more production to Mexico

Stanley Black & Decker has raised its prices to account for the impact of tariffs, and says...
Energy

State Consumer Counsel requests investigation into Avangrid security incident

The state Office of Consumer Counsel (OCC) on Monday requested an investigation into a security incident that affected...
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