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Skyler Frazer

Skyler Frazer

Reporter/Staff Writer at Hartford Business Journal

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Location
United States
Languages
  • English
Covering topics
  • Industry
  • Technology
  • Transportation and Logistics
  • Business

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Recent Articles

hartfordbusiness.com

As some cannabis businesses struggle to launch, license sales emerge as exit strategy

With Connecticut’s adult-use cannabis market nearing its second anniversary in January, merger-and-acquisition activity could ramp up as more companies reach the final licensure stage and determine whether they want to move forward with launching an actual business. Some licenses have already quietly changed hands, which is permitted under state law, with some restrictions. The White Oak Bridge, a cannabis transport company based in East Hartford, purchased its transporter license from another company, NMB BPT LLC, which originally won it via the general lottery in 2022.
hartfordbusiness.com

Amid increased leisure travel and snowbirds population, airlines ra...

Several airlines are expanding their offerings from Bradley International Airport to destinations across Florida, with at least 40 new weekly flights to the Sunshine State slated for this winter. The increase in flights is being driven by demand from leisure travelers who make frequent trips to Florida, as well as snowbirds who split their residency between Connecticut and the southern state, experts said.
hartfordbusiness.com

State launches new marketing campaign to find young manufacturers

The state is launching a new marketing campaign that aims to bring more young people into the manufacturing sector.
hartfordbusiness.com

National financial advisory firm names Windsor office head as new p...

National financial services firm Fiducient Advisors began a new era of leadership in May, with one co-founder taking over for another as president. Mike Goss, a managing partner and chief revenue officer at the Windsor office of Fiducient Advisors, took over as president from fellow longtime managing partner Mark Wetzel on May 3.  Fiducient Advisors is based in Chicago and has seven offices across the country.
hartfordbusiness.com

Travelers Cos.: Overexertion, falls account for most workplace inju...

Common workplace accidents like slips, trips and falls and overexertion make up most workers’ compensation claim costs in the United States, according to Hartford-based insurer Travelers Cos. Travelers’ 2024 Injury Impact Report, which assessed more than 1.2 million workers’ compensation claims made between 2017 and 2021, shows the most frequent causes of injury remain unchanged from years past: 29% of claims analyzed cited overexertion; 23% slips, trips and falls; 12% being struck by an object; 5% motor vehicle accidents; and 5% caught in or in-between hazards.
hartfordbusiness.com

Monroe metal distributor acquired by publicly traded Chicago company

Monroe metal distributor Production Metals LLC has been acquired by Ryerson Holding Corp., the Chicago-based international metal processor and distributor announced. Production Metals, located at 421 Old Zoar Road, Monroe, distributes bar, tube, sheet and plate products to aerospace, defense and semiconductor customers across New England, according to information from the company. The formerly family-owned business also has precision sawing, lasering and water jet cutting capabilities and deals with products made of aluminum, stainless and specialty steels.
hartfordbusiness.com

Electric Boat inks $1.3B submarine contract

General Dynamics Electric Boat picked up a $1.3 billion contract this week to buy materials needed to build nuclear-powered attack submarines for the Navy, the company and U.S. Department of Defense announced this week.
hartfordbusiness.com

CT manufacturing czar Lavoie seeks $100M-plus state investment to b...

The state Office of Manufacturing plans to ask Gov. Ned Lamont for at least $100 million in funding over the next six years to support one of Connecticut’s key industries with workforce training initiatives, capital equipment purchases and more. The request is part of a new plan launched earlier this year by the Office of Manufacturing, which is led by Paul Lavoie, a former industry executive.
hartfordbusiness.com

What happens to solar panels at the end of their useful life? Worki...

After months of back-and-forth discussions with industry leaders and experts, a state working group has developed recommendations for how solar panels and batteries should be recycled when they’re at the end of their useful life. However, there wasn’t unanimous agreement on the recommendations, which could help shape new legislative proposals during next year’s session.
hartfordbusiness.com

Newly relocated CT manufacturer reports revenue growth amid M&A spree

A global manufacturer and technology company that moved its headquarters to Connecticut several years ago is reshaping its portfolio with a number of M&A deals. Stamford-based ITT Inc. — which makes highly engineered components and develops customized technology products for various industries, including automotive, chemical, aerospace, rail, industrial and energy — on Thursday announced it has made a $475 million acquisition and $171 million divestiture.
hartfordbusiness.com

Accounting firm Marcum, with major CT presence, to be acquired in $...

Accounting firm Marcum, which has multiple offices in Connecticut, is being acquired by a publicly traded financial services advisory firm in a deal worth $2.3 billion, the company announced.