The Century Brass mill, on Scovill Road, in New Milford.

Applications sought for brownfield funds

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Gov. Dannel P. Malloy on Wednesday announced the state is accepting applications for a new round of grant funding of up to $7.5 million to help remediate and redevelop brownfield sites throughout the state. A total of $6.5 million will be earmarked for remediation projects and $1 million will be earmarked for assessment projects. Eligible […] [Read More]
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Zipcar

Zipcars roll into Landmark Square in Stamford

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Zipcar is stationing vehicles at the Landmark Square office complex in downtown Stamford, in partnership with the Stamford Downtown Special Services District. Boston-based Zipcar allows people to rent vehicles by the hour, locating and booking them using a mobile app or on the company’s website, as well as by phone. Customers access the vehicles by […] [Read More]
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ranking

Report: Fairfield County is world’s 19th strongest economy

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A new report released this week by the Martin Prosperity Institute looks into the strongest economies across the globe, assessing six factors to determine which metropolitan areas are the most economically powerful. And Fairfield County landed among the top 25, tied with spots like Helsinki, Finland; Sydney, Australia; and Washington, D.C. at No. 19. Leader […] [Read More]
Maggie Wilderotter

Wilderotter stepping down as CEO of Frontier

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After initiating a huge acquisition from Verizon Communications, Maggie Wilderotter is retiring as CEO of Frontier Communications effective April 3, with the company’s president and chief operating officer Daniel McCarthy promoted to the top slot. Wilderotter will become executive chairman of Frontier (Nasdaq: FTR), with the company indicating the change is the result of a […] [Read More]
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Credit: Nati Harnik, AP

Report: Stamford exec could fill Buffett’s shoes

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Warren Buffett’s successor as CEO of Berkshire Hathaway (NYSE: BRK.A) could be the head of the giant’s reinsurance operations based in Stamford, according to an executive’s letter to shareholders. Ajit Jain is president of Berkshire Hathaway Reinsurance Group, which lists its main office at 100 First Stamford Place, one of two Berkshire Hathaway reinsurance divisions in Stamford […] [Read More]
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FuelCell

FuelCell to flip UB switch in March

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FuelCell Energy (Nasdaq:FCEL) completed the sale to NRG Yield of a 1.4-megawatt fuel cell power plant project at the University of Bridgeport, which has inked a multi-year power purchase agreement with an NRG affiliate. Danbury-based FuelCell Energy will operate and maintain the plant, with service expected to commence in March supplying electricity and heat to […] [Read More]
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Chris Gruseke

Bankwell appoints CEO

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Weeks after hiring Christopher Gruseke in a strategic advisory role, Bankwell Financial Group (Nasdaq:BWFG) promoted him to president and CEO, with the company having been run by its chairman since last August. Gruseke was a founding investor in New Canaan-based Bankwell’s predecessor company BNC Financial Group and its subsidiary Bank of New Canaan. Bankwell has […] [Read More]
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Stamford Innovation Center

Hacker Night now Innovation Roundtable

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The Innovation Roundtable is the new name for the Stamford Innovation Center’s weekly Hacker Night information sessions, which bring together people interested in innovation, entrepreneurship and related endeavors. An Innovation Roundtable on Tuesday, March 3 will feature a presentation by New York-based Vengo Labs, which is designing high-tech vending machines and related software. The session […] [Read More]
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