Politics & Government

HESCO Receives $100,000 Grant From State

Funds will be used to expand and improve the company's facility and buy items such as production machinery and equipment.

 

A Rocky Hill company that makes custom electrical cable assemblies and control panels received assistance through the state’s Small Business Express Program today, according to a release from the governor's office.

is investing $332,400 and will be receiving a matching grant of $100,000 from the program, the release stated. The money will be used to expand and improve its facility at 30 Inwood Rd. and purchase production machinery and equipment as well as computer software and hardware.

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HESCO will add three more employees to its staff of 49 with the money as well, the release.

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Local lawmakers are excited about the Rocky Hill company receiving the grant.

“Any time we can help a small business strengthen its operation and hire more workers, it is a good day,” said state Sen. Paul Doyle (D-Rocky Hill). “This Small Business Express grant is helping Hartford Electric Supply Company invest in its own future and the futures of the 49 employees it will retain and the three new people it plans to bring on board.”

State Sen. Rep. Tony Guerrera (D-Rocky Hill) agrees with his colleague and said the grant shows the state is "committed to small business."

“The EXP grant will help Hartford Electric Supply Company expand its Rocky Hill operations. I want to thank Governor Malloy for supporting our local businesses," he said.

Small Business Express Program is designed to help small businesses grow and create jobs and was one of the items in the jobs bill that was passed in special session last year.

Connecticut’s small business community is an important economic driver that puts more than 730,000 people to work in the state,” said Gov. Dannel Malloy in a release. “The EXP program helps cultivate this critical sector and provide the tools small business can use to invest, grow and create jobs.”

Enermore, LLC. of Rocky Hill in May.

For more information on Small Business Express Program, please the state's website or contact Michelle Lugo at DECD at 860-270-8052 or Michelle.Lugo@ct.gov.

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