April 20, 2020

Multiple CT Connections on New Panel Focused on Restarting Regional Economy

April 20, 2020/ Bernard Kavaler

Connecticut may have three representatives on the newly appointed 21-member multi-state panel charged by Governors in the region with plotting a course forward to re-start the economy, but the state may receive an extra boost from members representing other states who have more than a cursory awareness of Connecticut.

April 15, 2020

Stanley Black & Decker Devotes $10 Million to Coronavirus Response; Implications for Future Philanthropy By Leading Corporations Uncertain

April 15, 2020/ Bernard Kavaler

The reverberations of the current coronavirus pandemic may prove to be more widespread than is currently apparent, as much of the focus remains on limiting the spread of the virus, providing for the immediate needs of health care workers and first responders, and limiting the damage to business and the people they employ.

March 31, 2020

UTC, Raytheon Merger Effective on Friday; Otis, Carrier to be Set Loose

March 31, 2020/ Bernard Kavaler

If this was any other time, consummation of the merger of Raytheon Company and United Technologies Corporation (UTC), and the simultaneous spin-off of UTC’s Carrier and Otis divisions, would be the topic of considerable conversation. This isn’t any other time. But the merger is due to proceed on Friday, as planned - one more dramatic change at a time when nothing is as it once was.

March 24, 2020

PerkinElmer, With Facilities in Connecticut, Develops Detection Kit for Virus That Causes COVID-19

March 24, 2020/ Bernard Kavaler

Perkin-Elmer, a global company with Connecticut faciities in Branford and Shelton, has announced that the U.S. Food and Drug Administration (FDA) has provided Emergency Use Authorization (EUA) for the company’s New Coronavirus RT-PCR test.

March 18, 2020

Legislative Working Group Focused on Municipal Downtowns May Have Role After Pandemic

March 18, 2020/ Bernard Kavaler

After weeks of shuttered businesses in downtown communities across the state due to government actions aimed at limiting the spread of coronavirus across the state, a little noticed coalition launched at the start of this year’s legislative session may prove helpful in boosting the recovery of local businesses and municipalities.

March 17, 2020

Small Business Administration Will Offer Loans to Impacted CT Businesses

March 17, 2020/ Bernard Kavaler

The U.S. Small Business Administration is now offering low-interest federal disaster loans for working capital to Connecticut small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). The action came just days after a formal request by Connecticut Governor Ned Lamont.

March 11, 2020

Small Business Administration to Honor Top Businesses in CT

March 11, 2020/ Bernard Kavaler

Matthew Beaudoin, President & CEO of Mystic Knotwork in Mystic has been named the U.S. Small Business Administration’s 2020 Connecticut Small Business Person of the Year, SBA’s top award

March 01, 2020

New Britain’s Polamer Precision Named One of Three Best Plants in North America

March 01, 2020/ Bernard Kavaler

New Britain-based Polamer Precision has been named one of North America’s best plants by a leading industry publication, earning a spot in the top three after being named a finalist in the annual competition last fall.

February 03, 2020

Hotels Coming and Going in CT; Occupancy Flattens

February 03, 2020/ Bernard Kavaler

What goes up must come down – and in some instances, down and out. That appears to be the situation regarding hotel occupancy in Connecticut during the past year. some coming, some going, and overall numbers barely above even.

January 29, 2020

CT a Top-10 State for Economic Impact of Immigrants

January 29, 2020/ Bernard Kavaler

In an analysis of the economic impact of immigrants in states across the country, Connecticut placed 10th, among the states where immigrants have had the greatest economic impact.