Stanley Black and Decker Closes Connecticut Plant, Job Losses Loom
Hartford News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Stanley Black and Deckers closure of its New Britain plant, a longstanding manufacturing hub, underscores Connecticuts struggle to maintain business competitiveness. The company cites market shifts and rising costs as reasons for the closure, which will eliminate hundreds of jobs. Local leaders express disappointment and emphasize the need for policy changes to attract and retain businesses. While automation and AI are transforming manufacturing, they also present opportunities for productivity growth. Small businesses may benefit from the expansion of big players, and strengthening career and technical education is crucial for filling job gaps and fostering long-term sector growth.
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