Ansonia, Oxford Receive Economic Development Awards

FACEBOOK PHOTOAnsonia Mayor David Cassetti and Oxford First Selectman George Temple were honored during the Connecticut Economic Resource Center’s (CERC) 2015 Celebrate CT Awards at the Bushnell in Hartford on Wednesday, Dec. 2. 

The Fountain Lake Industrial Park in Ansonia and The Quarry Walk at Oxford Towne Center project were the recipients from the Naugatuck Valley Council of Government’s 19-town region. 

CONTRIBUTEDThe awards recognize individuals, companies and programs that have uniquely contributed to economic growth in Connecticut. 

Pictured with Temple is Tom Haynes, of Haynes Development Co., which was also honored during the ceremony for the Oxford project.

Ansonia received a $1 million grant to build an access road into the Fountain Lake site. 

The grant helped keep the Farrel company in the city, and will lead to more good news for the city in the future, said Sheila O’Malley, the city’s economic development director.

This strategic public investment will immediately leverage a private-sector investment of $13 Million in a new, modern plant for the Farrel Corporation, a 150-year old manufacturer of industrial machinery serving the rubber and plastics industries, resulting in the retention of more than 100 local manufacturing jobs,” O’Malley said. This project will also provide access to four additional pad-ready sites for additional private investment.”

Support The Valley Indy at Donate.ValleyIndy.org.