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Author Topic: Lamont's policy groups recommend big changes for first 100 days  (Read 4877 times)

Online Mustang

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Re: Lamont's policy groups recommend big changes for first 100 days
« Reply #70 on: June 11, 2019, 06:05:32 AM »
I don't even see Sikorsky staying for the time they said they would with the small deal they made with mao-loy. They were going to move n I'm sure its still being tossed round with by them.
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Offline ctyankee

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Re: Lamont's policy groups recommend big changes for first 100 days
« Reply #71 on: June 11, 2019, 07:22:31 AM »
Adios UTC.  I knew you'd be leaving but didn't think it would be via merger with Ratheon.  I remember hearing Lamont received a phone call from Hayes unannounced and talked about their future in the State and Lamont allegedly told him the typical nonsense about how great CT is and will be.

We should keep a running tally of businesses leaving CT in recent memory:
GE - Boston
Mass Mutual - closing Enfield
UTC - Braintree/Boston
Stag/PTR/Remington/Marlin - elsewhere

CT's biggest industries will be the ones paying the least/no taxes.
Hubbell, IT equipment manufacturing: (54 jobs) Bethel CT -> Alabama

Forum Plastics, plastics manufacturing, (150 jobs) Waterbury CT -> out of state, looking for offers

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Online CTSixshot

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Re: Lamont's policy groups recommend big changes for first 100 days
« Reply #72 on: June 11, 2019, 07:47:45 AM »
Lockheed Martin, I believe (as mentioned above), but you are correct, no longer owned by UTX (NYSE).

Where did all those posts come from?

Probably already mentioned, but i see this on Yahoo:
https://finance.yahoo.com/news/united-technologies-departure-another-blow-193919295.html
« Last Edit: June 11, 2019, 09:47:59 AM by CTSixshot »

Online mu2bdriver

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Re: Lamont's policy groups recommend big changes for first 100 days
« Reply #73 on: June 11, 2019, 07:59:56 AM »
** I can only hope that with this merger they keep carrier and otis and dont split from them. I know Ct/MA offices of carrier are crazy busy with shit ton of work for easily the next few years. funny that a lot of these companies that threaten to leave CT , move a few jobs out, but end up spending more and more on upgrades, new buildings that need controls and units ect.... 

I think the breakup is pretty much set to happen. UTC really wants to go with the aerospace and defense core business with the Rockwell Collins deal earlier this year and after pulling out of the failed Honeywell merger of last year.  Raytheon/UTC will be a hell of a powerhouse as a combined entity. Carrier/Otis have no future in that portfolio. Otis isn’t very profitable at all but Carrier should get them a chunk of revenue from the sale.  I just don’t get why they sold Sikorsky off a few years ago.


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Online M1A_All_Day

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Re: Lamont's policy groups recommend big changes for first 100 days
« Reply #74 on: June 11, 2019, 10:11:29 AM »
I don't even see Sikorsky staying for the time they said they would with the small deal they made with mao-loy. They were going to move n I'm sure its still being tossed round with by them.

My late father in law worked for Sikorsky his entire adult life. Relocated from Guilford to just outside Patuxent Naval Air Base in Maryland at Sikorsky offices there. Totally different when you can have your corporate offices, sales, and testing on a big military base. I have no idea why their corp HQ is still in CT.

Online M1A_All_Day

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Re: Lamont's policy groups recommend big changes for first 100 days
« Reply #75 on: June 11, 2019, 10:58:48 AM »
P&W in East Hartford and Middletown are there because the skilled labor is there (and the plants/properties are very paid-for). Once the skilled labor pool dries-up and/or it’s deemed too expensive to sustain, they’re gone. The brownfield sites of tomorrow. It’s not just about engineers and machinists- it’s about metallurgists and project managers too. These are global jobs, they can be anywhere.

Lamont’s continuance of the Malloy playbook ensures the further erosion of the aerospace military manufacturing base in CT. And it’s not just P&W- think of all the job shops and QC shops. Sterling, Jarvis, etc.

...and let’s not forget BRAC almost closed Groton in 2005. EB goes away then with thousands of other on-base civi jobs. It’s just a matter of time.

Online CTSixshot

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Re: Lamont's policy groups recommend big changes for first 100 days
« Reply #76 on: June 11, 2019, 11:14:58 AM »
So, more tattoo parlors, nail clinics and Western Unions/check cashing outlets?
« Last Edit: June 11, 2019, 11:22:39 AM by CTSixshot »

Online edgephoto

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Re: Lamont's policy groups recommend big changes for first 100 days
« Reply #77 on: June 11, 2019, 07:43:37 PM »
So, more tattoo parlors, nail clinics and Western Unions/check cashing outlets?

Yes those will take up the slack. Don't forget casinos and minor league ball parks.