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Business News

Amazon Invests In North Haven, Connecticut

Chris Watt / Government of Scotland
Creative Commons
An Amazon fulfillment center in Scotland.

Amazon has announced it’s to open a new distribution center in North Haven. The $255 million investment will eventually create 1,800 jobs.

The internet retailer currently has a fulfillment center in Windsor and a sorting center in Wallingford. The state of Connecticut has cut a deal with Amazon through the First Five program, offering up to $25 million in tax credits.

FOIA Fine for Wade

The Freedom of Information Commission may fine the state’s Insurance Commissioner for withholding public records relating to the Aetna and Humana merger case.

A hearing officer has recommended a civil fine of  $1,000 be levied against Katharine Wade. He found that she failed to prove the documents were properly exempt from disclosure.

Wade gave her assent to the Aetna Humana tie up in January 2015 without disclosing documents or holding a public hearing. The merger was later stopped in a court case brought by federal regulators.

Business Confidence Rising

Connecticut businesses are feeling slightly more confident about the economy according to a new survey.

Thirty-seven percent of those questioned expect conditions to improve for their own businesses. Almost half expect conditions to remain stable, an uptick from the last survey conducted by the Connecticut Business and Industry Association.

Significantly, the number expecting a negative outlook dropped from 21 percent to 16 percent.

Correction: An earlier version of this report misstated the number of new jobs at the North Haven distribution center.

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