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n e w h a v e n b i z . c o m | A p r i l 2 0 2 3 | 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 Oxford chemicals manufacturer sold to private investor An Oxford-based chemical company, Catachem Inc., has been acquired by a private investor. Generational Equity, a merger and acquisitions adviser headquartered in Dallas, announced the deal for its client, Catachem. e name of the investor wasn't disclosed. e deal closed Feb. 28. Catachem is a manufacturer of clinical chemistry reagents used on automated analyzers for both veterinary and human diagnostic labs. PHOTO | CONTRIBUTED The entrance to Catachem Chemicals in Oxford in 2021. New Haven company reaches settlement with EPA for Clean Air Act violations e U.S. Environmental Protection Agency recently reached a settlement with New Haven-based Trelleborg Coated Systems US Inc. for allegedly violating the federal Clean Air Act. e company must pay a fine of $305,305 and come into compliance with the act, or shut down its New Haven facility by July 1. e manufacturing company performs processes on various fabrics such as urethane coating and laminating to achieve chemical repellant and flame-retardant properties. is is used on products like escape slides, blood pressure cuffs and mattresses. Government officials inspected Trelleborg's facility on Lenox Street and alleged multiple violations, including that it was not reaching the required destruction efficiency of volatile organic compounds (VOCs). VOCs may cause adverse health effects such as eye, nose and throat irritation and even potential damage to the liver, kidneys and central nervous system. n 2.6% The percentage which personal income grew in Connecticut in 2022, according to the U.S. Bureau of Economic Analysis. BY THE NUMBERS 2.4% The percentage increase in Connecticut's GDP in 2022, which ranked the state 17th in growth in the nation, according to the U.S. Bureau of Economic Analysis. 5,600 The number of jobs the state added in February, per the state Department of Labor. SUSTAINABLE FACILITIES COMPETITIVE. EFFICIENT. PRODUCTIVE. The company that builds and installs the critical systems in virtually every type of facility is the same company you can rely on to maintain them. For over 50 years, our clients have trusted us to provide sustainable, more effi cient, greener facilities. Experts in: Energy Systems & Incentives, Building Automation Technologies, Sustainable Design & Operation 860.871.1111 Toll Free: 800.741.6367 nemsi.com MECHANICAL | ELECTRICAL | PLUMBING | SHEET METAL | BUILDING AUTOMATION | FACILITIES SERVICES License #'s: E1-197483 S1-406020 P1-290301 SM1-975 MC-1134 $1.4 billion The total in unclaimed property in Connecticut, per the state treasurer's CT Big List.