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Old 01-15-2018, 07:19 AM
 
Location: Connecticut
34,925 posts, read 56,924,455 times
Reputation: 11220

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Who says manufacturing is dead in Connecticut? Mattress manufacturer Corsicana Mattress Co. of Texas is adding a new factory in Newington which will bring 150 to 160 new jobs to the area. They join long time Hartford mattress maker Gold Bond; Blue Bell, the maker of King Koil in East Windsor; and the new Serta factory in Windsor Locks. Who knew that greater Hartford in addition to being the Insurance Capital, is now becoming the mattress capital as well. Jay

Bullish U.S. mattress makers choose Greater Hartford as Northeast logistics hub | HartfordBusiness.com

 
Old 01-15-2018, 07:22 AM
 
Location: Hartford County, CT
845 posts, read 680,105 times
Reputation: 461
Quote:
Originally Posted by JayCT View Post
Who says manufacturing is dead in Connecticut? Mattress manufacturer Corsicana Mattress Co. of Texas is adding a new factory in Newington which will bring 150 to 160 new jobs to the area. They join long time Hartford mattress maker Gold Bond; Blue Bell, the maker of King Koil in East Windsor; and the new Serta factory in Windsor Locks. Who knew that greater Hartford in addition to being the Insurance Capital, is now becoming the mattress capital as well. Jay

Bullish U.S. mattress makers choose Greater Hartford as Northeast logistics hub | HartfordBusiness.com
Manufacturing hasn't been dead for awhile. There's actually a renaissance ongoing with specialty companies in stamping, CNC shops, ect. I know of one business that is expanding with new people, and my folks are upper management at a stamping shop, having high volumes of orders and interest in work. The large-scale factories are long gone and never coming back, but these smaller shops can thrive in Connecticut.
 
Old 01-15-2018, 07:41 AM
 
2,695 posts, read 3,489,117 times
Reputation: 1652
2018 seems to be starting off on the right foot. Glad to see these articles showing some interest in CT.

Another potential plus is that Amazon seems to be gearing towards Boston for HQ2. There are some potential windfalls for CT on this deal as well.
 
Old 01-15-2018, 07:59 AM
 
Location: Hartford County, CT
845 posts, read 680,105 times
Reputation: 461
Quote:
Originally Posted by Mr_250 View Post
2018 seems to be starting off on the right foot. Glad to see these articles showing some interest in CT.

Another potential plus is that Amazon seems to be gearing towards Boston for HQ2. There are some potential windfalls for CT on this deal as well.
Maybe if the NIMBYs in Windham County would let up, the northeast section of Connecticut would be perfect for a MBTA line. Turn Windham County into Boston's Fairfield.
 
Old 01-15-2018, 08:10 AM
 
Location: Northeast states
14,053 posts, read 13,929,555 times
Reputation: 5198
Quote:
Originally Posted by ads94 View Post
Maybe if the NIMBYs in Windham County would let up, the northeast section of Connecticut would be perfect for a MBTA line. Turn Windham County into Boston's Fairfield.
Won’t happen Windham County is mostly rural
 
Old 01-15-2018, 08:12 AM
 
Location: Connecticut
34,925 posts, read 56,924,455 times
Reputation: 11220
Quote:
Originally Posted by ads94 View Post
Maybe if the NIMBYs in Windham County would let up, the northeast section of Connecticut would be perfect for a MBTA line. Turn Windham County into Boston's Fairfield.
MBTA? The MBTA lines are no where near Windham County. The closest would be Worcester which is about 25 miles to the north. Extending a MBTA line to Connecticut would be insanely expensive with little to no benefit or ridership. Jay
 
Old 01-15-2018, 10:06 AM
 
9,877 posts, read 7,207,036 times
Reputation: 11467
Quote:
Originally Posted by ads94 View Post
Maybe if the NIMBYs in Windham County would let up, the northeast section of Connecticut would be perfect for a MBTA line. Turn Windham County into Boston's Fairfield.
Boston already has it's FFC in Middlesex, Essex, Norfolk, and Suffolk counties.

It would make more sense to extend the commuter rail to NH but they have no interest in paying for their share of the cost. Would CT?
 
Old 01-15-2018, 12:12 PM
 
Location: JC
1,837 posts, read 1,612,908 times
Reputation: 1671
New Haven is already connected to Boston via Amtrak. Extending Shoreline East service to overlap with MBTA is possible but affordable high speed rail in SE Connecticut is a pipe dream.
 
Old 01-15-2018, 01:30 PM
 
Location: Connecticut
34,925 posts, read 56,924,455 times
Reputation: 11220
I can't remember if this was talked about here but Fortune 500 company Terex has committed to keeping and expanding its corporate headquarters in Westport. This is great news. What gets me annoyed is that this has not gotten nearly as much press as it should especially when you consider the never-ending media attention GE's move keeps getting. There is not an article about Connecticut business these days that does not mention it but yet there has been little to nothing about this. Jay

State funds keep Terex in Westport - Connecticut Post
 
Old 01-15-2018, 02:36 PM
 
1,985 posts, read 1,455,547 times
Reputation: 862
Quote:
Originally Posted by cttransplant85 View Post
Insurance is one of the most competitive industries in the country, rates will go down.
Auto insurance yes is very competitive, some other insurance not so much. But most insurance is pretty conservative and reactionary compared to proactive. Not sure what the scene is like now but 10 years ago progressive would start a price war when ever it could but not sure that will happen right now. Like I said one of the insurers may decide it wants more volume and cut prices which would see an across the board drop but it may not either. When I worked in insurance, (property) we had a major competitor raise prices across several products to make up for losses in one division. We had a very healthy combined ratio and could have stolen customers by dropping in price or even staying the same. Management decided to raise our prices (about half as much as the competitor) and just take more profit per policy.
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