Lamont: Conn. Energy Costs A Factor In Pratt's Carolina Expansion
Gov. Ned Lamont says jet engine maker Pratt & Whitney decided to build its new manufacturing plant in North Carolina because of lower energy costs.
“Our energy costs in many ways are twice what they are in the Carolinas," he said Wednesday. "So that’s something we got to look at thinking long term -- how we can stabilize our energy prices and give manufacturing more certainty what that cost is going to be.”
Pratt & Whitney is investing $650 million in the North Carolina plant and creating 800 jobs there through 2027.
Raytheon Technologies, the jet engine manufacturer’s parent company, says the project would not affect Pratt & Whitney jobs in Connecticut.