CEO Guide to Site Selection

Connecticut

Connecting Growth in the Constitution State

Connecticut continues to strengthen its reputation as a hub of innovation and economic excellence. GDP growth in the second quarter of 2025 reached 4.6 percent, ranking it among the top 10 fastest-growing states nationally, fueled by key sectors like finance, insurance, manufacturing and information technology. Initiatives like the Connecticut Innovation Clusters Program and
investments in life sciences and emerging quantum technologies are creating new opportunities and job growth.

“As always, our north stars are affordability and opportunity, holding down costs of energy and healthcare and education, allowing you to keep more of what you earn and providing you the tools to let you earn more, buy a home, start a business.”
Ned Lamont
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

No

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2020 and 2024

KEY INCENTIVES

JobsCT: Offers a 50 percent rebate based on the employee’s income for companies that create at least 25 new jobs in a Grow CT focus industry.

Strategic Supply Chain Initiative: Offers grants to supply chain companies expanding or increasing production capacity in the state.

EDCs

Connecticut Department of Economic and Community Development
portal.ct.gov/DECD

AdvanceCT
advancect.org

Metro Hartford Alliance
metrohartford.com

Connecticut Economic Development Association
cedas.org

BIG DEALS

  • Aerospace engine manufacturer MTU Aero Engines North America announced in March 2025 a significant expansion at its Rocky Hill headquarters.
  • Aerospace engine manufacturer WHI Global announced in June 2025 that it will open a $12 million production facility and create 40 jobs in Enfield.
  • XingImaging opened a new state-of-the-art research facility in New Haven in July 2025.
  • University of New Haven announced in August 2025 plans for an R&D center in West Haven.
  • German toolmaker TRUMPF opened a new $40 million smart factory in Farmington in September 2025.

BIG COMPANIES

Fifteen Fortune 500 company HQs in the state.

Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.