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Expand or Relocate to Connecticut

Connecticut Business Data

Relocate or Expand to Connecticut

CT business climate, manufacturer incentives, and advantages of local communities

Business Data for Connecticut


Total Labor Force

Unemployment Rate

# Manufacturers

Manufacturing Jobs

Right to Work

Unemp. Insurance Tax

Manufacturing stats updated on 3/6/2018. All other data updated on 11/13/2017. IndustryNet is not responsible for errors or omissions.
Corporate Income Tax
7.5% rate

Sales Tax

Property Tax
Varies by county and city. Generally assessed at 70% of market value.

Leading Mfg. Industries
(by # of employees)
18% Transportation equipment
13% Fabricated metal products
13% Industrial machinery and equipment
9% Instruments and related products
9% Printing and publishing

Largest Mfg. Employers
(by # of employees)
Sikorsky, A Lockheed Martin Co. (Stratford) - 7,500
Electric Boat Corp. (Groton) - 5,936
Medtronic, Inc. (North Haven) - 5,200
ESPN, Inc. (Bristol) - 5,000
UTC Aerospace Systems - Space Systems (Windsor Locks) - 4,000
Counties with the Most Mfg. Jobs
Hartford - 73,274
Fairfield - 56,934
New Haven - 50,454
New London - 12,608
Middlesex - 12,155

Cities with the Most Mfg. Jobs
Stratford - 10,931
Bristol - 8,734
North Haven - 8,270
Norwalk - 7,198
Danbury - 6,834

Mfg. Related Business Incentives
• Urban and Industrial Site Reinvestment Tax Credit
• New Jobs Creation Tax Credit
• Qualified Small Business Job Creation Tax Credit
• 25% Manufacturing Facility Tax Credit
• Apprenticeship Training Tax Credit in manufacturing
• Machinery and Equipment Expenditure Tax Credit
• R&D Expenditures Tax Credit
• Enterprise Zones/Tax Credit: 50% manufacturing facility tax credit for those located in an Enterprise Zone
• Economic and Manufacturing Assistance Act (MAA) loans
• Small Business Assistance Revolving Loans
• Capital Workforce Partners
• Connecticut State Technology Extension Program (CONNSTEP) (Engineering and tech support for manufacturers)
• Connecticut Venture Group (CVG) Financing
• Connecticut Development Authority (CDA) Financing

Economic development agencies, chambers of commerce, and other organizations & businesses available to assist with your relocation to or from Connecticut

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