Hospitality Sector Set to Receive New Round of State Funding

The hospitality industry in Connecticut will be benefiting from new state funding.

Restaurants, hotels, transportation agencies, and other businesses will receive a share of $30 million in grant funding, Gov. Ned Lamont said, under the Connecticut Hospitality Industry Support Program.

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Lamont: Manufacturing Company Expanding in Connecticut

An advanced coatings manufacturer is undertaking an expansion project in Connecticut, Gov. Ned Lamont said.

The governor announced Element 119, which currently employs 14 people, plans to add an additional 36 workers over the next two years at its production facilities in Thomaston and Cheshire.

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Commissioner Bob Rolfe Announces Departure from Department of Economic and Community Development

Commissioner Bob Rolfe announced his departure Tuesday from the Tennessee Department of Economic and Community Development (TNECD) in order to enter the private sector, according to a press release by the department.

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Nashville Draws $70 Million Corporate Finance Headquarters

A global asset management firm will build a $70 million corporate headquarters in Nashville, the state announced in a press release Wednesday, May 2. Tennessee Gov. Bill Haslam, Department of Economic and Community Development Commissioner Bob Rolfe and AllianceBernstein L.P. (AB) officials made the announcement. The relocation of its company…

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No Transparency in ECD Deal to Give Tyson Foods $18 Million FastTrack Grant

Noted in the Governor’s 2018-2019 Budget is an $18 million dollar FastTrack grant for Tyson Foods that may be part of a deal to bring a chicken processing plant to Humboldt, Tennessee after plans for a similarly described project in Kansas met with “staggering” opposition from citizen activists. This year’s…

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Tennessee Officials to Hire Consultant to Help with Memphis Regional Megasite

The state of Tennessee is hoping to hire a consultant by January for help in overseeing and promoting the Memphis Regional Megasite that is still without a major manufacturer more than 10 years after planning for the project began. The state is asking for $2 million to hire the consultant…

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