In its near 100-year history, East Hartford-based Pratt & Whitney has become one of the world’s leading aerospace manufacturers.
“Every second of every day, a Pratt & Whitney powered aircraft of some kind is either taking off or landing somewhere in the world,” company president Shane Eddy said at CBIA’s 2024 Economic Summit + Outlook Jan. 18 in Hartford.
“We think about technology, we think about how the engine has evolved, and it’s hard not to be impressed.
“But we think about the technology, there’s an equally important part. Those are the factories, it’s the industrial base that is able to produce technology at that scale.
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“And that is something no other country in the world can do.”
Eddy said that’s the core of Pratt & Whitney’s business in Connecticut.
‘National Asset’
And that has led to an entire ecosystem and industrial complex in the state.
“It’s a national asset, what we have here,” said Shane Eddy. “It would take generations to replicate, if it could even be replicated.
“But it’s also fragile, and so we’ve got to keep the conditions strong.”
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Pratt & Whitney has 11,000 employees in Connecticut, and the company’s impact includes more than one billion dollars in annual supply chain spending in the state.
Eddy credited the state for implementing, and strengthening fiscal guardrails and providing stability for businesses like Pratt & Whitney.
“All the comments about creating the conditions, not only for Pratt & Whitney to continue investing, but for the ecosystem around Pratt & Whitney and our products, are spot on,” he said.
Navigating Change
Eddy said that from the pandemic, to the wars in Eastern Europe and Israel, a lot has changed in the world in recent years.
And, he said a lot has changed for his company as well.
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In April 2020, at the outset of the pandemic, what was then United Technologies spun off Otis Elevators and Carrier and merged with Raytheon, becoming RTX.
“What we ended up with at RTX is the most advanced aerospace and defense system provider there is in the world”
Pratt & Whitney’s Shane Eddy
“It was an interesting time to completely overhaul the company,” Eddy said.
Eddy credited RTX CEO Greg Hayes for leading the transition.
Hayes, who is stepping down in May, will be succeeded by Connecticut native and former Pratt & Whitney president Chris Calio.
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“What we ended up with at RTX is the most advanced aerospace and defense system provider there is in the world,” he said.
Investing in the Future
Eddy said that Pratt & Whitney has invested a billion dollars in its factories in Connecticut, and plans to continue that investment.
On the military side, Eddy noted that they are “sole sourced on key fighter mobility, tanker, and bomber programs.”
He highlighted the success of their 5th Generation fighter engines, which power the F-19 and F-35 aircraft with stealth capability.
“This stealth capability is going to be even more important for the next generation fighter,” Eddy said.
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“We’re also investing in 6th Generation technology for the next generation fighter for the future.”
Eddy
“So while we’re delivering this at scale, and while we’re upgrading this program, we’re also investing in 6th Generation technology for the next generation fighter for the future.”
Along with the success of the military business, Eddy said the backbone of Pratt & Whitney’s commercial growth will be the growing commercial aviation industry.
The company started delivering the geared turbofan engine in 2016.
“I think it’s safe to say they’re the next generation of single aisle,” said Eddy.
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The GTF engines run more efficiently and burn less fuel with lower CO2 emissions, and noise footprint than previous engines.
Sustainability
“When you talk about sustainability, this is our first major step in a number of years,” Eddy said.
“It’s also the engine that brought Pratt & Whitney really strongly back into commercial aviation.”
Eddy said sustainability is a focus for the company moving forward.
Pratt & Whitney joined an industry-wide commitment to achieve net zero carbon emissions by 2050.
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“This is really about scaling the production of sustainable aviation fuel.”
Eddy
While they are developing electric and hybrid engines, Eddy said it’s going to be a while before that is produced at scale.
He said the key to sustainability will be sustainable aviation fuels.
“The total available infrastructure to produce sustainable aviation fuel today is less than one percent of the needs of the industry,” he said.
“So this is really about scaling the production of sustainable aviation fuel.”
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Workforce Pipeline
As Pratt & Whitney grows its business in Connecticut, Eddy said the company is investing in its next generation workforce.
“Ensuring that we’ve got the right skills, the knowledge and ability coming into the workforce, I think is incredibly important,” he said.
Eddy said that Pratt & Whitney has developed long-term relationships with organizations like the Connecticut Center for Advanced Technology and schools like Goodwin University and UConn to develop that workforce.
He said they’re also having conversations about starting that development for younger students in grade school and high school.
“We’ve got to make sure that that pipeline is full for everybody involved.”
Eddy
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Eddy said that it’s a little easier for a company like Pratt & Whitney to fill roles.
But he said their goal is to create an ecosystem that benefits everyone in the Connecticut supply chain.
“There are a lot of medium, and in particular small businesses that are part of this ecosystem,” he said.
“And we’ve got to make sure that that pipeline is full for everybody involved.”
Productivity & Growth
Eddy said that as Pratt & Whitney grows, they are also putting an emphasis on productivity, in part due to inflation.
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“How we’re dealing with inflation, both in terms of our people and wage and then in terms of our productivity, I think is incredibly important as we’re addressing this growth.”
Eddy said that to improve productivity, they work with employees to help eliminate waste from their jobs.
“Our job as managers and leaders is to understand from them where there’s waste in their job,” he said.
“The people doing the work know it better than anyone else.”
Eddy
“The people doing the work know it better than anyone else.”
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Eddy said about half the work done in their factories has a level of automation to it.
They are also using things like analytics to help them reduce costs.
“We’re dipping our toe, I would say, in the water of machine learning and artificial intelligence,” he said.
“And using that to drive forecasting models, help us make sure we’re getting the right signals out to the supply base.”
NEW BRITAIN, CT — Stanley Black & Decker on Thursday said it has decided to close its manufacturing facility in New Britain.
Debora Raymond, vice president of external communications for the manufacturer, said the decision is a result of a “structural decline in demand for single-sided tape measures.”
The New Britain facility predominantly makes these products, according to Raymond.
“These products are quickly becoming obsolete in the markets we serve,” Raymond said, via an emailed statement Thursday.
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The decision is expected to impact approximately 300 employees, according to Raymond.
“We are focused on supporting impacted employees through this transition, including providing options for employment at other facilities, severance, and job placement support services for both salaried and hourly employees,” Raymond said.
As of Thursday at 4:30 p.m., no Worker Adjustment and Retraining Notification (WARN) Act notice had been filed with the state Department of Labor.
The company’s corporate headquarters remains at 1000 Stanley Dr., New Britain.
Gov. Ned Lamont released the following statement on the decision:
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“Although Stanley has made the decision to discontinue operations for manufacturing outdated products, a change in workforce opportunities is difficult for employees, their families, and any community.,” Lamont said. “However, I am hopeful that these skilled workers will be repurposed with the help of Stanley Black & Decker, a company that will still proudly be headquartered here in Connecticut. My administration is working closely with local and state leaders to support affected workers and to reimagine the factory site so it can continue to create opportunity and strengthen New Britain’s economic future.”
New Britain Mayor Bobby Sanchez said he is “deeply disappointed” the company will be closing its Myrtle Street operations.
“For generations, Stanley Works has been part of the fabric of our city, providing good-paying jobs, supporting families, and helping build New Britain’s proud reputation as the ‘Hardware City,’” Sanchez said.
According to the mayor, his office’s immediate focus is on helping affected workers and their families. The mayor has been in contact with Lamont’s office, and they will be working closely to make sure employees have access to job placement services, retraining opportunities and support, Sanchez said.
“We will continue aggressively pursuing economic development opportunities and attracting businesses that are looking for a true community partner, a city ready to collaborate, innovate and grow alongside them,” Sanchez said. “New Britain has reinvented itself before, and we will do so again.”
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Stanley Black & Decker, founded in 1843, operates manufacturing facilities worldwide, according to its website. It reports having 43,500 employees globally, and makes an array of products, such as power tools and equipment, hand tools, and fasteners.
Newly released police video shows former WWE executive Vince McMahon ram his luxury sports car into the rear end of another vehicle on a Connecticut highway last summer as he was being followed by a state trooper.
McMahon, now 80, was driving his 2024 Bentley Continental GT at more than 100 mph on the Merritt Parkway when he crashed in the town of Westport, according to state police.
A trooper’s dashcam video shows McMahon accelerating away, then braking too late to avoid crashing into the back of a BMW. The Bentley then swerves into a guardrail and careens back across the highway, creating a cloud of dirt and car parts.
“Why were you driving all over 100 mph?” state police Detective Maxwell Robins asked McMahon after catching up to the wrecked Bentley, which can cost over $300,000.
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“I got my granddaughter’s birthday” McMahon replied, explaining he was on his way to see her. The encounter was recorded on police bodycam video.
No one was seriously injured in the July 24 crash, which happened the same day that WWE legend Hulk Hogan died of a heart attack in Florida.
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Besides damage to the rear of the BMW, another vehicle driving on the opposite side of the parkway was struck by flying debris. The driver of that third car happened to be wearing a WWE shirt, according to the police video.
McMahon was cited for reckless driving and following too closely. A state judge in October allowed McMahon to enter a pretrial probation program that will result in the charges being erased from his record next October if he successfully completes the program. He was also ordered to make a $1,000 charitable contribution.
McMahon’s lawyer, Mark Sherman, said the crash was just an accident.
“Not every car accident is a crime,” Sherman said. “Vince’s primary concern during this case was for the other drivers and is appreciative that the court saw this more of an accident than a crime that needed to be prosecuted.”
State police said Robins was trying to catch up to McMahon on the parkway and clock his speed before pulling him over. They said the incident was not a pursuit, which happens when police chase someone trying to flee officers. They also said it did not appear McMahon was trying to escape — though in the video the detective suggests otherwise.
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“I’m trying to catch up to you and you keep taking off,” Robins says.
“No, no no. I’m not trying to outrun you,” McMahon says.
An accident information summary provided to the media shortly after the crash did not mention that a trooper was following McMahon.
The Associated Press obtained the videos Wednesday through a public records request. They were first obtained by The Sun newspaper.
The trooper’s bodycam video also shows him asking McMahon whether he was looking at his phone when the crash happened. McMahon said he was not and adds that he hadn’t driven his car in a long time.
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After Robins tells McMahon that his car is fast, McMahon replies, “Yeah, too (expletive) fast.”
The videos also show McMahon talking to the driver he rear-ended. Barbara Doran, of New York City, told the AP last summer that McMahon expressed his concern for her and was glad she was OK. She said she was heading to a ferry to Martha’s Vineyard at the time of the crash.
After McMahon was given the traffic summons, he shook hands with Robins and another trooper and they wished him well.
McMahon stepped down as WWE’s CEO in 2022 amid a company investigation into sexual misconduct allegations. He also resigned as executive chairman of the board of directors of TKO Group Holdings, the parent company of WWE, in 2024, a day after a former WWE employee filed a sexual abuse lawsuit against him. McMahon has denied the allegations. The lawsuit remains pending.
McMahon bought what was then the World Wrestling Federation in 1982 and transformed it from a regional wrestling company into a worldwide phenomenon. Besides running the company with his wife, Linda, who is now the U.S. education secretary, he also performed at WWE events as himself.
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The New Haven Pride Center will close for 30 days starting Thursday, as leaders reassess the organization’s finances and its long-term business model.
Board members said the temporary shutdown will allow the nonprofit to stop accruing expenses and get better insight into a $250,000 IRS debt discovered in 2022 that has weighed heavily on the center’s operations.
According to board co-chair Hope Chavez, the debt was found four years ago. The board let the executive director go and began paying the back taxes. The payments have been ongoing, but Chavez said there’s no clarity on how much has been paid toward principal versus interest, making it hard to map out a payoff.
Chavez said the organization has an attorney to help obtain more details from the government, and that the debt has hurt its ability to generate income during an already challenging time.
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“It all depends on the political climate — whether corporate sponsors feel like they can sponsor you, whether funders feel like they need to redirect elsewhere,” she said.
The 30-day furlough will include a pause in services. In the meantime, staff members are compiling a list of alternative LGBTQ-affirming resources in the Greater New Haven area to support community members.
Laura Boccadoro, who has worked at the center for more than six years, joined at what she says was a dark time.
“I was in and out of rehab dealing with drug abuse, and the center found me,” she said. “I grew up here, honestly.”
She said the organization has offered vital services, such as a clothing closet and a food pantry, and programs that she is helping clients find through partner organizations.
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“There are so many LGBTQ-specific or affirming spaces that have food pantries, clothing closets, healthcare — all those kinds of things,” Boccadoro said.
Chavez highlighted partnerships with groups including AIDS Project New Haven, Anchor Health Initiative, and Q Plus, as well as other grassroots community organizations that will offer assistance during the pause.
Boccadoro emphasized that the staff’s focus remains on serving the community as effectively as possible.
“Our job at the end of the day is to impact the community in the best possible way that we can,” Boccadoro said.
The Board hopes a clearer financial picture and a restructured business model will position the center to reopen stronger and more stable.
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“We want to ensure that our community has the care and supportive services that we’ve been providing,” Chavez said.