Daniel W. McInerney
Business Manager
Industry and IBEW News
Virginia lawmakers are divided over whether to eliminate a data center sales tax exemption that cost the state an estimated $1.9 billion last fiscal year, with teachers and fiscal advocates calling for repeal while IBEW Local 26 and other trades unions rallied to preserve the incentive they say drives well paying union construction jobs in the Commonwealth.
ctmirror.org publishes an op-ed by Eastern Connecticut Chamber of Commerce President Tony Sheridan urging DEEP to clear the way for the final miles of the Southeast Resiliency Project natural gas pipeline upgrade through Hurd State Park.
Connecticut's Community Investment Fund 2030 board has approved nearly $63 million in grants for 38 community development projects across the state, spanning affordable housing, office-to-residential conversions, workforce training, and neighborhood revitalization. Highlights include $6 million each for demolition of the St. John Towers site in Stamford and conversion of the 111 Founders Plaza tower in East Hartford into residential apartments. Grants still require final State Bond Commission approval.
Charter Oak Communities, formerly the Stamford Housing Authority, is moving forward with the second phase of a $60 million renovation of Stamford Manor, an 11-story affordable senior housing development at 26 Main Street in downtown Stamford. The project will modernize units and building systems at the federally assisted property while keeping residents in place during construction.
German consumer goods manufacturer Henkel has broken ground on a new 45,000 square foot Center for Research and Development at 9 Trefoil Drive in Trumbull, its largest non-manufacturing capital investment in North America in a decade. The $70 million project will consolidate the company's North America Consumer Brands R&D teams from three separate Connecticut locations into a single campus expected to open at the end of 2027.
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