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UTC's Otis to supply escalators in Shanghai aviation hub

Patricia Daddona |

Farmington-based Otis Elevator said 279 of its escalators and moving walkways will be used in a new satellite terminal to be built as part of the Shanghai Pudong International Airport expansion in...

Stanley in growth mode as it doubles 1Q profits

Patricia Daddona |

New Britain tools manufacturer Stanley Black & Decker Inc. on Friday announced it more than doubled its first quarter profits as its top executive described the company's commitment to reinvigorating...

Whitcraft takes on NY private equity partner

Patricia Daddona |

Eastford aerospace parts manufacturer the Whitcraft Group said this week it has added a New York private equity firm as an investment partner.

Analysis: CT firearm industry shrinks, but still powerful

Patricia Daddona |

The firearm and ammunition industry's economic impact in Connecticut has slowed in recent years, despite the sector experiencing growth throughout the rest of the country, according to analysis from...

UTC pledges half its corporate leaders will be women by 2030

Patricia Daddona |

Farmington-based United Technologies Corp. said Tuesday it is committing to gender parity in its corporate leadership by 2030, with the goal of having half of its top roles filled by women.

Reopened Iranian market has potential for Pratt, analyst says

Howard French | Journal Inquirer |

Pratt & Whitney engines will power passenger airplanes sold by European airplane manufacturer ATR to Iran Air, the latest deal following Iran’s nuclear accord with world powers that ended...

Survey: Industrial earnings poised to exceed expectations

Patricia Daddona |

Heading into first-quarter earnings season, 96 percent of global industrial investors and analysts expect earnings to meet or exceed average expectations, according to a fresh survey from...

Newington aerospace supplier names Frisby CEO

Patricia Daddona |

Newington-based PCX Aerostructures has named board member and executive chairman Jeff Frisby president and CEO.

Manufacturing’s future starts in grade school

Elliot Ginsberg |

Today unprecedented growth is projected for the aerospace and defense sector across our nation and our state.

Farmington biotech raises $2.9M in venture capital

Patricia Daddona |

Farmington biotech firm Azitra Inc. has closed on $2.9 million in venture funding that will allow the company to further test its therapeutic skin treatment.

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