The headquarters of a major corporation will be leaving Connecticut.
After reaching a deal with the Raytheon Company, United Technology will be moving from Farmington to the Boston area.
Columnist and Associate Editor Dan Haar with Hearst Connecticut Media explains what the collaboration will mean for jobs and the future of the state.
Haar calls the merger a ‘match made in heaven’ from the CEOs’ perspectives.
UTC has 18,000 jobs in Connecticut right now, and 100 of those high paying jobs will be sent to Boston. This is the 4th significant headquarters move from Connecticut to Boston in recent history following GE, Alexion, and Eversource.
For more information, watch the interview above.