Labor Market Information
Total Page:16
File Type:pdf, Size:1020Kb
This publication lists start-ups, expansions, staff reductions, and layoffs reported by the media, both current and future. The report provides company name, the number of workers involved, date of the action, the principal product or service of the company, a brief synopsis of the action, and the source and date of the media article. The Office of Research does not disclose information about individual companies which it collects as part of its statistical programs. This report is based only on information that has been publicly reported through the media for use by jobseekers, public policy makers, economic development professionals, and anyone with an interest in the Connecticut economy. While the Office of Research regularly monitors the media for announcement of business changes, some announcements may have been missed. In addition to reports in the media, companies may be required to report on the WARN Act. Information about the WARN act is available here: https://www.ctdol.state.ct.us/progsupt/bussrvce/rrwarn.htm. A listing of WARN notices is available here:https://www.ctdol.state.ct.us/progsupt/bussrvce/warnreports/ warnreports.htm. Information about the Department of Labor’s Rapid Response Unit is available here: https://www.ctdol.state.ct.us/progsupt/bussrvce/rrt.htm. TABLE OF CONTENTS STARTUPS AND EXPANSIONS ................................................................................................. 3 LAYOFFS AND RELOCATIONS .................................................................................................. 4 WARN NOTICES ……………………….............................................................................................. 4 STARTUPS AND EXPANSIONS ………………………………………………………………………………………………5 LAYOFFS AND STAFF REDUCTIONS ……………………………………………………………………………………. 27 Acknowledgement: Todd Bentsen has prepared this report for publication. STARTUPS AND EXPANSIONS IN MAY / JUNE 2021 Real estate fintech Tomo bringing corporate HQ to Stamford Big Y holding hiring event at all locations; offering $50 gift card and end of summer bonus Governor Lamont Announces ITT Inc. Relocating Its Global Headquarters to Connecticut NYC financial tech firm to open Greenwich office, add 200 jobs The Pleasant Paws Pet Center opening of comprehensive pet care facility at 94 South Main St. in Newtown Warehouse Wine & Spirits in Century Plaza, 535 Monroe Tnpk. in Monroe, celebrated its grand opening Robert Redford's Sundance brand opens store in Westport Philip Morris International will relocate to Connecticut from New York City. The tobacco giant will bring 200 jobs to Fairfield County Ambitious $10 billion high-speed rail plan announced in CT; would create 45,000 jobs Drug company adding CT jobs in anticipation of FDA OK Lake Compounce is looking to fill hundreds of open jobs Arvinas to lease 3 floors in new 101 College bioscience tower Gov. Lamont: Frito-Lay Investing $235 Million to expand Killingly operations, create 120 new jobs FedEx Ground looking for 600 workers in Hartford as it tries to keep up with rising e- commerce Looking for a job at Electric Boat? Learn more about submarine manufacturer apprentice program Glastonbury approves Amazon logistics ‘delivery station’ at former Glastonbury factory Business & Employment Changes Announced in the News Media 3 LAYOFFS AND RELOCATIONS FOR MAY / JUNE 2021 Liberty Bank to shed 10% of its Connecticut branches WARN NOTICES FOR FOR MAY / JUNE 2021 https://www.ctdol.state.ct.us/progsupt/bussrvce/warnreports/warn2021.htm Business & Employment Changes Announced in the News Media 4 BUSINESS AND EMPLOYMENT CHANGES ANNOUNCED IN THE NEWS MEDIA May / June 2021 Startups and Expansions STARTUP/EXPANSION # WORKERS COMPANY LOCATION PRINCIPAL PRODUCT REASONS/COMMENTS SOURCE DATE INVOLVED Recent Developments Westfair Online May / June 2021 Tomo Stamford Finanical Real Estate 100+ Relocating Global Headquarters 6/21 May / June 2021 Big Y Connecticut Supermartket Chain N/A Employment Expansion News 8 WTNH 6/21 Connecticut Portal May / June 2021 ITT Inc. Stamford Global Manufacturer & Technology 57 Relocating Global Headquarters 6/21 Hartford Business May / June 2021 iCapital Network Greenwich Financial Technology 200 New Location Journal 6/21 The Pleasant Paws Pet Voices News.com May / June 2021 Newtown Pet Care Facility N/A New Business Center 6/21 Warehouse Wine & Voices News.com May / June 2021 Monroe Wine and Spirits N/A New Business Spirits 6/21 Robert Redford's Westport News May / June 2021 Westport Lifestyle Brand Store N/A New Location Sundance 6/21 Philip Morris Hartford Courant May / June 2021 Stamford Tobacco Manufacturer 200 Relocating Global Headquarters International 6/21 Westfair Online May / June 2021 TBA Connecticut TBA 45,000+ High-Speed Rail Plan News 6/21 May / June 2021 MannKind Corp Danbury Biopharma Company 100 Company Expansion New Haven Biz 6/21 May / June 2021 Lake Compounce Bristol Amusement Park 300 Employment Expansion FOX News 61 6/21 May / June 2021 Arvinas New Haven Cancer Biotech company 75 Company Expansion New Haven Biz 6/21 Norwich Bulletin May / June 2021 Frito-Lay Killingly Snack Manufacturer 120 Company Expansion 6/21 May / June 2021 FedEx Ground Hartford Package Shipping Company 600 Company Expansion Newsbreak 6/21 Hartford Courant May / June 2021 Electric Boat New London Submarine Manufacturer N/A Apprentice Program 6/21 Hartford Courant May / June 2021 Electric Boat New London Submarine Manufacturer N/A Apprentice Program 6/21 2021 Stamford Advocate Mar/Apr 2021 Webster Bank Stamford Financial N/A Company Merger 4/21 Connecticut Insider Mar/Apr 2021 Bridgeport Boatworks Bridgeport Shipyard 100 Company Merger 4/21 Hartford Business Mar/Apr 2021 Metro Roofing Supplies Windsor Roofing Retailer N/A Company Expansion Journal 4/21 Hartford Business Mar/Apr 2021 Day Pitney Hartford Law Firm 10 Company Merger Journal 4/21 Business Employment Changes Announced in the News Media 5 STARTUP/EXPANSION # WORKERS COMPANY LOCATION PRINCIPAL PRODUCT REASONS/COMMENTS SOURCE DATE INVOLVED Mar/Apr 2021 Southbury Training School Southbury School N/A Thrift Shop Openings VoicesNews.com 3/21 Mar/Apr 2021 WellSpark Health Farmington Disease Prevention and Management 300+ Company Expansion Hartford Courant 3/21 Mar/Apr 2021 Sikorsky Stratford Helicopter Manufacturer 1000+ Company Expansion Hartford Courant 3/21 Hartford Business Mar/Apr 2021 Able Coil & Electronics Bolton Exercise Equipment Manufacturer N/A Company Expansion Journal 3/21 Mar/Apr 2021 Aldi South Windsor Supermarket Chain N/A New Location Hartford Courant 3/21 Mar/Apr 2021 Rise and Dine Bristol Coffee Shop N/A New Business The Bristol Press 3/21 Mar/Apr 2021 Window Nation Wallingford Home Improvement Company N/A Company Expansion The Day 3/21 Hartford Business Mar/Apr 2021 Lake Compounce Bristol Amusement Park 1,200 Seasonal Hiring Journal 3/21 Hartford Business Mar/Apr 2021 Citi Trends East Hartford Fashion Apparel N/A Company Expansion Journal 3/21 Mar/Apr 2021 Flavortown Kitchen Statewide Restaurant Chain N/A Company Expansion Connecticut Post 3/21 Mar/Apr 2021 XPO Logistics Nationwide Distribution Center 1,450 Holiday Hiring Globe Newswire 3/21 Jan/Feb 2021 Electric Boat Groton Submarine Manufacturer 2000+ Expanding Workforce The Day 2/21 Jan/Feb 2021 The Robin's Nest Glitters Torrington Gift Shop and Craft Supply Store N/A New Business Register Citizen 2/21 Jan/Feb 2021 Westport Book Shop Westport Book Store N/A New Business Westport News 2/21 Jan/Feb 2021 Barnes & Noble Westport Chain Book Store N/A New Location Westport News 2/21 Jan/Feb 2021 Longhorn Steakhouse Newington Restaurant N/A New Location Record Journal 2/21 Jan/Feb 2021 Pitney Bowes Stamford Shipping and Mailing Provider N/A Expansion Register Citizen 2/21 Jan/Feb 2021 Hartford Schools Hartford Public School 75 New Hiring Hartford Patch 2/21 Republican American Jan/Feb 2021 Drew Marine Waterbury Marine Supplies N/A Expansion 2/21 Jan/Feb 2021 Harbor Freight Tools Norwich Tool Supply Store 25 New Location Norwich Bulletin 2/21 Hartford Business Jan/Feb 2021 Dime Bank Hartford-area Bank N/A New Locations Journal 2/21 Connecticut Spring & Hartford Business Jan/Feb 2021 Farmington Precision Manufacturer of Metal Springs 10+ Expansion Stamping Corp Journal 2/21 Business Employment Changes Announced in the News Media 6 STARTUP/EXPANSION # WORKERS COMPANY LOCATION PRINCIPAL PRODUCT REASONS/COMMENTS SOURCE DATE INVOLVED Jan/Feb 2021 Sema4 Stamford Health Intelligence 200 Relocation NBC Connecticut 2/21 2020 Hartford Business Oct/Nov 2020 Simoniz USA Inc. Rocky Hill Manufacturer N/A New Location Journal 11/20/2020 Connecticut / NewsBreak Oct/Nov 2020 Big Y Supermarket 1,000 Corona Virus Surge Massachusetts 11/20/2020 Hartford Business Oct/Nov 2020 Westfarms West Hartford Mall N/A New Shops Journal 11/19/2020 Hartford Business Oct/Nov 2020 Green Bank Hartford Financial Services N/A Re-Location Journal 11/12/2020 Hartford Business Oct/Nov 2020 Costco South Windsor Warehouse Store N/A New Location Journal 11/11/2020 Waterbury-Oxford Hartford Courant Oct/Nov 2020 Clay Lacy Aviation Private Jet Service 100 Expansion Airport 11/01/2020 Norwich Bulletin Oct/Nov 2020 USPS Norwich Mail Service 100 Seasonal Hiring 11/10/2020 Oct/Nov 2020 Electric Boat Norwich Submarine Manufacturer N/A Government Contracts CT Insider 10/28/2020 New Haven Register Oct/Nov 2020 Amazon Orange Distribution Center 100 New Location 10/28/2020 Danbury News Times Oct/Nov 2020 Amazon Danbury Distribution Center 100 New Location 10/23/2020 EvolveImmune Hartford Business Oct/Nov 2020 Branford