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n e w h a v e n b i z . c o m | F e b r u a r y 2 0 2 2 | n e w h a v e n B I Z 5 A r o u n d t h e R e g i o n expanding fleet of 737 planes, the com- pany said. e carrier currently flies six planes — three from Tweed and three from Burbank, Calif. — and nine more are slated to be delivered by the end of the year. In addition to the higher pay — the starting hourly rate for a captain will rise to $200 from $135 — Avelo will offer an $1,800 monthly stipend to help offset the cost of commuting. If a pilot chooses to live "in base," they will get the $1,800 a month as a bonus. New Avelo captains in their first year will earn $209,600 as a base, and first of- ficers will take home $117,200, includ- ing sign-on bonuses and commuting stipends. BIC acquiring Canadian tattoo company Inkbox Shelton-based manufacturer BIC announced recently it will be acquiring tattoo company Inkbox for $65 million. BIC, long known for its lighters, shavers and pens, has been expanding its portfolio in recent years. According to the company, the addition of the Toronto-based Inkbox will broaden BIC's "human expression" portfolio, which already included the temporary tattoo markers BodyMark by BIC. BIC CEO Gonzalve Bich said the Inkbox acquisition expands BIC's offerings in the do-it-yourself skin BY THE NUMBERS 600 The number of jobs Connecticut added in December, according to the state Department of Labor. creative category, a market that BIC anticipates will reach $1.5 billion in value in the next decade. Inkbox sells semi-permanent tattoos that last up to two weeks and freehand tattoo markers. Sema4 to buy genomic testing firm GeneDx for $623M Stamford's Sema4 announced in January it would buy genomic testing firm GeneDx of Maryland in a deal that projects $350 million in revenue for the combined companies this year. Sema4, a biotech company spun out of New York's Mount Sinai Health System, signed a deal with Miami's OPKO Health to buy GeneDx, a wholly-owned subsidi- ary based in Gaithersburg, Maryland. e purchase price was $623 million, based on Sema4's closing stock price as of Jan. 14, according to a company statement. As part of the deal, Sema4 said it had also entered into definitive agreements for a $200 million private placement of Sema4 Class A shares from a syndicate of institutional investors, including Pfizer. n EMCOR SERVICES NEW ENGLAND MECHANICAL We'll be there when you need us. With 50+ years of experience and more than 300 continuously trained, licensed, and certified facilities services technicians, we provide a wide range of building construction and facilities solutions across New England. COUNT ON NEMSI FOR: HVAC, Plumbing and Process Piping Design-Build Construction Electrical Services Energy Management Systems LEED Certification Programs Comprehensive Preventive Maintenance Programs 24/7/365 Emergency Response Call 860.871.1111 Toll Free 800.741.6367 Fax 866.481.3250 55 Gerber Road East, South Windsor, CT 06074 nemsi.com OFFICES IN Trumbull | New London | Palmer, MA | Albany, NY | Manchester, NH License #s: E1-0125666 • S1-302974 • P1-203519 • F1-10498 • SM1-192 • MC-1134 $5 million The amount Hartford HealthCare is spending on a new partnership with Quinnipiac University aimed at bolstering training of healthcare workers. 1,000+ The number of workers that amusement park Lake Compounce anticipates hiring for the upcoming season. $10 million The amount New Haven will spend in new federal pandemic relief to support city businesses, including new support for the city's Small Business Fund, Economic Resilience Fund and Financial Services Center. PHOTO | COURTESY INKBOX

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