[MikefromCT]

Originally Posted by Mr_250

Perfectly ok. The company that bought the UConn WH campus is bringing in thousands of jobs. This loss is a temporary blip on the road to the gains of thousands.

Just to reiterate what I said in a different post, this is not a done deal yet. This company is on VERY shaky financial ground currently, and this is why people are having reservations about having them come here. It may be tempting to write that off as typical New England NIMBYism, but when you see how the company's stock has been performing lately, they look almost like a modern-day Enron. That's what people are afraid of.

[JayCT]

Originally Posted by MikefromCT

Just to reiterate what I said in a different post, this is not a done deal yet. This company is on VERY shaky financial ground currently, and this is why people are having reservations about having them come here. It may be tempting to write that off as typical New England NIMBYism, but when you see how the company's stock has been performing lately, they look almost like a modern-day Enron. That's what people are afraid of.

Maybe but they have put up a lot of money already to buy the complex. Their latest financial statement shows a decrease in business as they shift their focus away from energy but they still saw a good sized increase in value. Will see.

https://ideanomics.gcs-web.com/news-...ncial-results/

But also remember Infosys has already hired 500 in our state and just yesterday GalexE Solutions announced plans to open an office in Hartford and hire hundreds. Pratt & Whitney is hiring thousands too. The point is, while not good news, McKesson’s closing this facility is not the end of the world. Jay

https://www.courant.com/business/hc-...xgm-story.html

[BobNJ1960]

Originally Posted by MikefromCT

Just to reiterate what I said in a different post, this is not a done deal yet. This company is on VERY shaky financial ground currently, and this is why people are having reservations about having them come here. It may be tempting to write that off as typical New England NIMBYism, but when you see how the company's stock has been performing lately, they look almost like a modern-day Enron. That's what people are afraid of.

I agree. Celebrate after winning something. Not during spring training.

[Beeker2211]

Originally Posted by MikefromCT

Well, this is Connecticut. We're so super duper, star-spangled awesome that we deserve to do a victory lap just for pretty much anything it seems.


This state kind of reminds me of that study that was conducted a few years ago among high school students, where US students ranked dead last among numerous developed nations in math and science, but Number One in CONFIDENCE in math and science, even though we suck at it. Yes, we're Number One in thinking we're Number One.

I don't think that the more booster camp for the state are rose-tinted about a number of the issues economically, with infrastructure, and politically. But it is important to see all sides of it, not just the bad side which gets repeated ad nauseam without proper context.

There are issues, but there are also huge opportunities and benefits as well.

[MikefromCT]

Originally Posted by BobNJ1960

I agree. Celebrate after winning something. Not during spring training.

Well, it's like this: I know it sounds counterintuitive to question a company that wants to relocate here, especially when we have a penchant and reputation for being so business-unfriendly. The best thing we can do for our citizens is provide and create jobs, so in theory this would sound like a win-win. But anytime publicly-traded stock is involved and it has a lengthy track record or underperforming (as is the case with this company), that's when a red flag should be raised. I'm almost beginning to wonder if the best way to ensure a company's growth and success is not to go public, LOL.

[JayCT]

Originally Posted by Beeker2211

I don't think that the more booster camp for the state are rose-tinted about a number of the issues economically, with infrastructure, and politically. But it is important to see all sides of it, not just the bad side which gets repeated ad nauseam without proper context.

There are issues, but there are also huge opportunities and benefits as well.

I agree. Why can residents of a state like Texas crow about their state without criticism but when someone from Connecticut does that, they are wrong? We have a great state and we should not have to apologize for that. It is highly suspicious to me that the media is so quick to highlight problems we have but ignore the many good things. They too often are ready with inaccurate click bate headlines. Overall we are in a very good place. Unfortunately that does not make headlines. Jay

[JayCT]

Originally Posted by MikefromCT

Well, it's like this: I know it sounds counterintuitive to question a company that wants to relocate here, especially when we have a penchant and reputation for being so business-unfriendly. The best thing we can do for our citizens is provide and create jobs, so in theory this would sound like a win-win. But anytime publicly-traded stock is involved and it has a lengthy track record or underperforming (as is the case with this company), that's when a red flag should be raised. I'm almost beginning to wonder if the best way to ensure a company's growth and success is not to go public, LOL.

Should we ignore it when a major cutting edge tech company buys a high profile property in our state with the goal of creating a high tech center? Most cutting edge tech companies operate at low profits. They are more interested in investing in their future than posting profits for its shareholders. We will see if Idealonomics is capable of bringing their vision for Fintech Village to reality but until then we should be encouraging and optimistic. Jay

[JayCT]

A Naugatuck food company is reopening the closed Danone factory with a goal of hiring more than 100 workers in the next five years. Good news, Jay

https://www.hartfordbusiness.com/art...ssing-facility

[BobNJ1960]

When and IF goals become reality, we should celebrate.

[Reilly1017]

Originally Posted by BobNJ1960

When and IF goals become reality, we should celebrate.

Agreed. You don’t congratulate someone for saying they will run a marathon, you congratulate them when they actually run & complete it