State Incentives Help Manufacturers Build For The Future

State Incentives Help Manufacturers Build For The Future

Even though millions of dollars of incentives have been doled out to manufacturers in Connecticut, the state’s Department of Labor still thinks many of its programs are a well-kept secret.

“Whether your company is expanding, starting up, downsizing, relocating, upgrading equipment, training employees, recruiting, bringing on an apprentice or need regulatory help, the Department of Labor has assistance available,” Lori-lynn Chatlos, a Bridgeport-based business services specialist with the Labor Department, said. “Manufacturers aren’t always just looking for a new machine. Sometimes they are looking for other ways to bring down costs or work more efficiently.”

One of the most popular programs has been the Manufacturing Innovation Fund Voucher Program, which helps companies with projects that will improve their productivity and efficiency. Matching grants of up to $50,000 are available. State businesses have used the program for projects such as equipment upgrades, workforce development and patenting.

(News Times 10/16/2016)

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