ANNOUNCED AS TEMPORARYNo
On November 20, 2013 Governor Dannel P. Malloy announced that the shipping equipment company Pitney Bowes plans to add an additional 200 new jobs to its existing workforce of 1,600 employees in the state, under an expansion plan that will see the company investing $25 million in facility improvements, training and technology into Connecticut’s economy. The Department of Economic and Community Development reached a deal under the state’s “First Five” program that will provide the company with a $15 million loan, of which $10 million is forgivable following the creation of the 200 new jobs over the next five years. The funds will be used for enhancements in technology, capital improvements, and machinery and equipment.
⚑ Please report this page in case you detect an inaccuracy in its content.