No recreational marijuana businesses in the town yet -- but no mask mandate either.
Newtown came through with some added incentives, including an annual tax abatement of approximately 30%, or $5,500 per year over three years.
Kimball Midwest has already purchased the 40-acre former Hubbell Inc. property at 14 Prospect Drive for $4.4 million, though it has not yet decided on whether it will occupy the space.
The Newtown location opened in 1960 and focuses on commercial and industrial wiring device manufacturing and operations activities.
Hubbell Inc. third-quarter sales slowed to 3 percent growth from a year ago.
GE could represent a possible bidder for Shelton-based Hubbell Inc. in the wake of Cooper Industries’ deal.
For a brief moment in time, UTC’s workforce dipped below the 200,000 mark, and other news on Fairfield County business.
Shelton has shaken off a year marked by a relentless recession, downsizing and federal indictments by focusing on the positive – new construction, commercial expansion and corporate growth.