Border War: Mass Steals CT Jobs

by Categorized: Gov. Dannel Malloy Date:

\"pirates\"Gov. Malloy\’s aggressive plan to lure business with tax breaks and other corporate welfare has received a lot of criticism. But it\’s the new reality among states desperate to attract and retain jobs.

Massachusetts Gov. Deval Patrick this week staged a dramatic raid on Connecticut jobs, penetrating into the heart of Connecticut\’s economy with a theft of 250 insurance jobs from the Hartford area with a nearly $4 million deal with MassMutual. The Globe reports today:

The largest state tax break, worth $3.75 million, went to MassMutual, which pledged to move 250 insurance jobs from Connecticut to its Springfield headquarters and spend $59 million to renovate the buildings. The life insurance company is already one of the largest employers in Western Massachusetts with about 4,000 employees in the area.

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3 thoughts on “Border War: Mass Steals CT Jobs

  1. Wildbill

    Let’s steal Mass companies. One area that we may make progress is the new medical research campus at Uconn Farmington.

  2. We are Doomed

    Its not too difficult to steal jobs from Connecticut given the “leadership” shown by the village idiots in Hartford. People already enjoy lower gasoline and liquor prices in MA and RI.

    Its pretty sad when the liberals in MA clean the clocks of the liberals in CT.

  3. Richard

    This goes back to Mass Mutual purchasing Connecticut Mutual in 1996, consolidating operations in Enfield and then vacating Garden Street in 2004.

    Now the target is Hartford Life with the closing of Simsbury and the transfer of Windsor-based employees to Enfield over the next several years. Massachussetts is tring to lure the entire Enfield Operation at the former Phoenix Offices to Springfield’s State Street location.

    Easy pickings. Financial Services in Hartford lost the critical mass to make it a hub for new operations. The legacy companies are slowly selling off assets and consolidating elsewhere.

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