Thursday, December 13, 2018

INDUSTRIES

All
Altus Capital Partners
Fairfield

Altus Capital Partners sells thermal transfer ribbon firm IIMAK

Phil Hall -
Altus Capital's Russell Greenberg noted that IIMAK "made five add-on acquisitions during our investment."
Nestle Waters plastic
Consumer Goods

Nestlé Waters seeks 50 percent recycled plastic by 2025

Phil Hall -
"We want to take the 'single' out of 'single-use' bottles," said company President and CEO Fernando Mercé.
Simone Development
Construction

Simone Development buys 104 Corporate Park Drive building for $14 million

Ryan Deffenbaugh -
The deal is the latest step in Simone's plan to build a pediatric ambulatory care center for Montefiore Medical Center at the 118,000-square-foot building.
Spencer Capital
Banking & Finance

Spencer Capital of Rye sued over $4.4M in stock offering fees

Bill Heltzel -
Stein and Spencer Management, the complaint states, received at least $4.4 million in performance fees “for doing absolutely nothing.”
Fairfield

State doubles number of medical marijuana dispensaries

Kevin Zimmerman -
The medical marijuana program in Connecticut has grown significantly since the last time new facility licenses were awarded in January of 2016.
Construction

Stamford Transportation Center receiving millions from fed, state for upgrades

Kevin Zimmerman -
According to Gov. Dannel Malloy, the investment will ensure the station can operate in a state of good repair for the next 25 years and beyond.
bridgeport bond sale
Economic Development

Bridgeport receives $14.6M from state for infrastructure and development

Phil Hall -
The largest of the projects is a $7 million endeavor aimed at infrastructure improvements within Sikorsky Memorial Airport.
Arts & Leisure

Stew Leonard’s seeks world record with XXL-sized cheese sculpture

Phil Hall -
More than 500 cows contributed 4,000 gallons of their milk for this cheddar cheese work of art.
B.Good Fairfield
Fairfield

B.GOOD Fairfield debuts breakfast menu

Phil Hall -
B.GOOD Fairfield owner Steve Hourihan promises breakfast seekers "a variety of delicious, clean, local and fresher options."
Fairfield

Doyle Insurance Group buys Fairfield office building for $1.375M

Kevin Zimmerman -
The insurer, which is leasing space in Southport, expects to move to 45 Sherman St. within 60 days.
Richard Brega
Courts

Richard Brega gets 50 months in prison for school bus repair...

Bill Heltzel -
“He cheated his clients, nickel-and-diming them every chance he could,” Benjamin R. Allee and Michael D. Maimin, assistant prosecutors, said in their sentencing memo.
Ciroc diageo
Consumer Goods

FTC complaint filed against Diageo on Ciroc social media marketing

Phil Hall -
“It’s time that Diageo starts acting like the responsible corporate citizen it says it is,” said TINA.org Executive Director Bonnie Patten.
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