The Briefing Room

General Category => Economy/Business => Topic started by: PeteS in CA on October 27, 2020, 07:53:03 pm

Title: Pratt & Whitney chooses lower-cost North Carolina -- not Connecticut -- to build a $650 million manu
Post by: PeteS in CA on October 27, 2020, 07:53:03 pm

Pratt & Whitney chooses lower-cost North Carolina -- not Connecticut -- to build a $650 million manufacturing plant

https://www.courant.com/business/hc-biz-pratt-and-whitney-north-carolina-20201026-fn4llrnzibbu3pcpbzxoxns2ea-story.html (https://www.courant.com/business/hc-biz-pratt-and-whitney-north-carolina-20201026-fn4llrnzibbu3pcpbzxoxns2ea-story.html)

Quote

Pratt & Whitney will build a 1-million square foot manufacturing plant in low-cost North Carolina, investing about $650 million and creating 800 jobs through 2027, the jet engine manufacturer and state officials have announced.

Pratt & Whitney did not approach Connecticut as a possible site for expansion, said a spokesman for the Department of Economic and Community Development. Commissioner David Lehman said Raytheon Technologies has advised the state the project will not affect jobs in Connecticut.

“We have a strong and active partnership with Pratt & Whitney and its parent Raytheon Technologies Corp,'' Lehman said Monday.

If CN pols and bureaucrats don't recognize this as a way for P & W to gradually shift new projects out of CN and gradually let CN work die out as older projects come to a close, they're as great fools as I think they are.

Title: Re: Pratt & Whitney chooses lower-cost North Carolina -- not Connecticut -- to build a $650 million
Post by: skeeter on October 27, 2020, 07:57:48 pm

Propitious timing.

Nice going P&W!