Economy & Jobs
More on Economy & Jobs
January 26, 2016 In The News
Electric Boat will add more than 800 new jobs in Connecticut this year thanks to robust military spending on the U.S. submarine program, the manufacturer said Monday.
January 25, 2016 Press Release
“The strong hiring outlook for Electric Boat this year will provide a profound boost to the economy of our region and the state,” said Courtney. “As this morning’s presentation clearly shows, the growth in investment in submarine programs over the last several years - and more ahead- is driving growth not just at Electric Boat and the southeastern Connecticut region, but across the state-wide network of suppliers and manufacturers that support this critical work."
“Sheffield Pharmaceuticals is a great example of an eastern Connecticut company on the rise globally,” said Courtney. “We know that more than 95% of the world’s customers today live outside of the United States, and in order for our companies to keep pace around the world we need to be selling more of our products abroad. The U.S. Department of Commerce offers a wealth of information and resources for domestic companies that are looking to increase their international footprint. Since my office was able to connect Sheffield Pharmaceuticals with the U.S. Department of Commerce regional office for Connecticut last year, the company has been able to double total international exports and has gone from operating in 20 foreign markets up to nearly 60.”
January 14, 2016 Press Release
“I was very pleased that we were able to get this important change for our dairy farmers included in the federal transportation bill last month,” said Courtney. “In my role as the as a co-chair of the Congressional Dairy Caucus, I have advocated on the behalf of small and medium sized dairy farmers who expressed a need to change the law which prevented them from fully utilizing the container space in their milk trucks. Simply allowing our dairy farmers to fill their current milk hauling trucks to full capacity will save them both time and money, and prevent the need for additional trucks on our roadways. The new weight exemption will allow haulers to transport the same volume of fluid milk in four full milk trucks compared to the five partially filled milk trucks used to meet existing weight restrictions on Connecticut roads. I want to thank Congresswoman Esty for all of her work on the issue, and for offering the amendment in the House Transportation and Infrastructure Committee where it was included in the larger transportation bill.”
January 12, 2016 In The News
The final plan for how dredge material is handled in Long Island Sound supports continued use of the four existing disposal sites.
“I am pleased that the U.S. Army Corp of Engineers was able to build on cost-effective and environmentally sound options for disposing of dredged material from our waterways in the final DMMP,” said Courtney. “Economic activities that utilize Long Island Sound waterways contribute more than $9 billion annually in economic output and maintaining navigable shipping channels is critical to the long-term health of our regional economy. From family-owned marinas to the SUBASE New London, the livelihoods of thousands of my constituents directly depend on this comprehensive dredging plan. I am particularly happy that the DMMP underscores the need for a strong partnership among the Regional Dredging Team members and recommends new involvement by the U.S. Navy and newly-formed Connecticut Port Authority.”
January 9, 2016 In The News
Groton — Last year, 33 firefighters with the Naval Submarine Base's fire department spent more time at work than they did at home — a result of vacancies that went unfilled almost all year.
January 6, 2016 Press Release
“The approval of the acquisition decision memo for the Ohio Replacement is another powerful affirmation that our nation is committed to building this essential component of our national defense,” said Courtney. “This step, along with the pending release of the development request for procurement of the submarine, are among the critical milestones that we will see this year and a reminder that Congress must do all it can now to ensure the success of the program in the future. I look forward to continuing to work on a bipartisan basis to provide the tools and support the Navy and industry needs to meet this national responsibility in the most efficient and cost-effective way.”
January 5, 2016 In The News
GROTON — Close to 600 Electric Boat employees are now working at the company's new facility at 9 Kings Highway, purchased from Pfizer for $5.3 million last year to accommodate growth at the company.
December 18, 2015 Press Release
“I am pleased that after a great deal of negotiating over the past few months, Congress was able to reach a fair,bipartisan compromise to fund the government,” said Courtney. “While this agreement is not perfect, it does contain a number of important provisions that I have stronglyadvocatedfor,including a delay of the Cadillac Tax, as well as funding for job training, healthcare research, and Connecticut’s defense manufacturing sector which helps drive our economy. To be sure, there were provisions in this bill that I would have removed, but on the whole I amglad to see that both sides of the aisle unite todo the right thing for the country. This is how Congress is supposed to function.”