UTC’s Greg Hayes is the one leaving, but he left a parting gift for the governor.
Will Connecticut learn anything from UTC’s departure?
Greg Hayes Gov. Ned Lamont said Tuesday that the headquarters of Otis Elevator will remain in Connecticut after its spinoff from United Technologies Corporation, and the conglomerate intends to hire 1,000 workers at UTC’s Pratt & Whitney facilities in the state. Greg Hayes, the chairman and chief executive of UTC, shared that news with the […]
WASHINGTON – The Senate late Monday approved a $716 billion defense authorization bill that trims the number of F-35’s the Pentagon can purchase this year, but allows for more spending on Electric Boat submarine programs and Sikorsky-made helicopters. “Five percent of our country’s defense spending is done in Connecticut,” Sen. Richard Blumenthal said.
WASHINGTON — United Technologies CEO Gregory Hayes said he was quitting President Donald Trump’s American Manufacturing Council. “As the events of last week have unfolded here in the U.S., it is clear that we need to collectively stand together and denounce the politics of hate, intolerance and racism,” Hayes said.
Two days after Aetna said it was looking elsewhere for a headquarters, Gov. Dannel P. Malloy hailed the ongoing expansion of United Technologies Corp.’s East Hartford campus Friday. Dozens of UTC employees and others greeted Malloy with a standing ovation as he took the stage to celebrate completion of the company’s new “Innovation Hub.”
WASHINGTON – United Technologies Corp.’s decision to shed Sikorsky Aircraft sent tremors through the Connecticut congressional delegation, but there’s new optimism that whatever changes the company faces, it will stay in Connecticut.
WASHINGTON – Rep. Rosa DeLauro, a Democrat who represents a congressional district that is home to Sikorsky Aircraft, blasted United Technology Corp. CEO Greg Hayes on Thursday, saying he is going back on his word to keep the helicopter maker in Stratford.
Gov. Dannel P. Malloy said Tuesday he was untroubled by the sudden rise of Gregory J. Hayes, who infamously denounced the Connecticut business climate to Wall Street investors in 2010, as the new chief executive of the state’s largest employer, United Technologies Corp.
The Human Rights Campaign, the nation’s largest gay rights organization, included 14 Connecticut companies in its 2015 Corporate Equality Index, an annual report that assesses inclusion of lesbian, gay, bisexual and transgender employees in major companies and law firms.
Despite their seeming ability to disagree about almost everything, Gov. Danel P. Malloy and Tom Foley share plenty of common ground about Connecticut’s future economic development. But it’s their respective track records that lead them to butt heads most frequently.
Gov. Dannel P. Malloy signed a bill Friday that authorizes up to $400 million in tax breaks to United Technologies Corp. in return for the company’s investment of $500 million in four projects.
Connecticut moved one step closer Thursday toward providing up to $400 million in tax breaks to United Technologies Corp. to trigger a major UTC investment in its research, training and corporate facilities.
The Finance, Revenue and Bonding Committee unanimously backed the governor’s proposed aid plan to UTC – designed to trigger a major corporate expansion in Connecticut.
Is it OK to offer big tax relief to a corporation that retains the option to cut thousands of jobs in the years to come?