HARTFORD: Responders to CBIA’s Fourth Quarter Economic and Credit Availability Survey demonstrate a stable but relatively slow growing environment.
Fewer than a third of companies 28% of companies expect to add employees, up from 21% in the previous quarter. More than half (54%) of surveyed companies say their workforce will remain stable—compared with 63% in the third quarter—while 17% expect to downsize, unchanged from the last quarter.
While Thirty-eight percent of businesses have an improved outlook for their firms, most Connecticut businesses are not participating in the ever increasing global marketplace, with 77% reporting they have no or a minimal amount of international business. 46% of the survey responders were manufacturers, 85% of responders had fewer than 100 employees.
HARTFORD: Tesla is looking to a new legislative session in their effort to enable its “direct-to-consumer business model” and sell its electric cars in the state. According to a company release Tesla says it “remains eager to invest in new locations and employ workers that would address the consumer demand that exists for its electric vehicles and energy products.”
The company has cited an interest in opening as many as eight dealerships in Connecticut with an anticipated employment of 25 employees in each on.
SOUTH WINDSOR: O’Brien Communications Group [OCG], a B2B brand-management and marketing-communication firm, signed Finys of Troy, MI, a provider of software and services to the property/casualty insurance industry, to a full-service engagement.
OCG will provide to Finys strategic consultation and planning for all of its brand-positioning and marketing efforts; all requisite creative and program-development activities; and all tactical program implementation and execution activities.