Home Tags CBIA
The incoming and outgoing chief executives of the CBIA, Chris DiPentima and Joe Brennan, discuss the transition process.
DiPentima is division president of Leggett & Platt Aerospace, which includes Pegasus Manufacturing in Middletown.
Leisure and hospitality, retail trade, and education and health services saw the greatest losses.
A group of 11 State Senate Democrats has sent a letter to Gov. Ned Lamont questioning the prudence of starting to reopen some state businesses on May 20 – concerns that the governor tried to assuage during today’s briefing.
After some back-and-forth over the past few weeks as to whether when some shuttered Connecticut businesses could start to reopen, Gov. Ned Lamont today affirmed that a number of sectors -- including restaurants, retailers, and hair salons -- will begin to open on May 20.
The state saw the number of COVID-19-postive cases in its hospitals decline for the first time since the start of the pandemic.
The Manufacturing Innovation Fund board has retooled its Manufacturing Voucher Program in order to provide grants of up to $75,000 to companies that adjust production to make in-demand medical equipment.
“We believe this program provides the quick, short-term financial assistance (small businesses and nonprofits) need to maintain operations and weather this storm," said Department of Economic and Community Development Commissioner David Lehman.
In light of the crisis, Brennan reversed previously announced plans to retire.
A spokesman confirmed to the Business Journal that the exec will exit in late June – an official date has yet to be determined – and that the CBIA’s board of directors’ search for Brennan’s replacement is already underway.
On tolls, Fairfield First Selectwoman Brenda Kupchick said the governor “needs to once and for all just give it up. He’s changed positions so many times, and the way it stands now it’s not going to make anywhere near the money that’s needed.”
“The main focus of this legislative session must be on making it easier for employers to grow in Connecticut as opposed to what we’ve seen over the last several years, with new costs and mandates hampering much-needed growth," says CBIA president and CEO Joe Brennan.
“Identity theft continues to expand at an exponential rate,” says CBIA Service Corp. President Ken Comeau. “This growing threat has resulted in an increased demand for quality identity monitoring and restoration services.”