Issue link: https://nebusinessmedia.uberflip.com/i/1529610
2 HARTFORDBUSINESS.COM | NOVEMBER 25 2024 Biz Briefs Tel: (860) 236-9998 | Fax: (860) 570-2493 Copyright 2020. All rights reserved. Postmaster: Please send address changes to: Hartford Business Journal P.O Box 330 Congers, NY 10920-9894 Subscriptions Annual subscriptions are $132.00. To subscribe, visit HartfordBusiness.com, email circulation@ hartfordbusiness.com, or call (845) 267-3008. Advertising For advertising information, please call (860) 236-9998. Please address all correspondence to: Hartford Business Journal, 100 Allyn Street, Suite 3, Hartford, CT 06103 Stay Connected For breaking and daily Greater Hartford business news go to: www.HartfordBusiness.com HBJ on Twitter: @HartfordBiz HBJ on Facebook: www.facebook.com/HartfordBiz HBJ on Linkedln:www.linkedin.com/company/the-Hart- ford-Business-Journal Daily e-newsletters: HBJ Today, CT Morning Blend: www.hartfordbusiness.com/enewsletters Hartford Business Journal (ISSN 1083-5245) is published bi-weekly, 27x per year — including two special issues in November and December — by New England Business Media, LLC, 100 Allyn Street, Suite 3, Hartford, CT 06103. Periodicals postage paid at Hartford, CT and at additional entry points. to real-life locations featured in their favorite movies and TV shows. Holiday film productions have contributed more than $58 million to the state's economy and created more than 2,000 jobs, state offi- cials said. BermudAir to launch nonstop flights from Bradley Intl. Airport BermudAir, the flagship carrier of Bermuda, will offer nonstop service from Bradley International Airport to Bermuda's L.F. Wade International Airport beginning in April 2025, the Connecticut Airport Authority (CAA) said. Flights will begin on April 3 and operate on Thursdays and Sundays, CAA said. Cigna denies renewed interest in merger with Humana Bloomfield-based health insurer Cigna Group stated unequivocally that it is not seeking a merger with Kentucky-based health insurer Humana. Cigna made the declaration earlier this month amid widespread media reports that the company had resumed talks about a possible tie-up with Humana. In its statement, Cigna said it "is not pursuing a combination with Humana Inc." The Wall Street Journal reported in late November 2023 that Cigna and Humana were negotiating a potential stock-and-cash deal. However, Cigna abandoned that effort a month later, after the two companies failed to agree on the price and other terms. CT unveils nation's 1st Christmas movie trail Connecticut has developed a growing number of "trails" high- lighting everything from beer, wine and spirits to chocolate, pizza, oysters and even haunted houses. The state recently announced another — the nation's first Christmas movie trail. Describing it as a "celebration of cinema and the holiday season," the trail provides fans of holiday movies produced by Hallmark, Netflix, Life- time and more with a curated map featuring Connecticut locations used in 22 Christmas films. The locations include inns, shops, cafes and restaurants, and other iconic attractions, the state said. The trail was unveiled during an event held at the Silas W. Robbins House in Wethersfield, a setting used in Hallmark's "Christmas on Honeysuckle Lane." State officials said the trail taps into a growing travel trend known as "set-jetting," in which fans travel BermudAir will add a nonstop route from Bradley International Airport in April 2025. PHOTO | COSTAR CONTRIBUTED CONTRIBUTED PHOTO CONTRIBUTED PHOTO Danbury-based FuelCell Energy's 14-megawatt fuel cell park in Derby. Cigna headquarters in Bloomfield. A map of the state's new Christmas movie trail. Peter Stanton | CEO, pstanton@nebusinessmedia.com Tom Curtin | President, ext. 124, tcurtin@hartfordbusiness.com Editorial Greg Bordonaro | Editor, ext. 139 gbordonaro@hartfordbusiness.com Drew Larson | Web Editor, ext. 121 alarson@hartfordbusiness.com Beat: Energy Michael Puffer | Staff Writer, ext. 145 mpuffer@hartfordbusiness.com Beats: Real Estate, Economic Development, Banking & Finance Hanna Snyder Gambini | Staff Writer hgambini@hartfordbusiness.com Beats: Economic Development, Arts, Culture & Tourism David Krechevsky | Staff Writer, ext. 702 davidk@hartfordbusiness.com Beats: Health Care, Bioscience Harriet Jones | Staff Writer, ext. 145 hjones@hartfordbusiness.com Beats: Manufacturing, Cannabis, Professional Services Stephanie R. Meagher | Research Director Heide Martin | Research Assistant Steve Laschever | Photographer Business Tom Curtin | Publisher, ext. 124, tcurtin@hartfordbusiness.com Jessica M. Quinn | Associate Publisher, ext. 137 jquinn@hartfordbusiness.com Emily Paskind | Senior Accounts Manager, ext. 133, epaskind@hartfordbusiness.com Donna Hogan | Senior Accounts Manager, ext. 101, dhogan@hartfordbusiness.com Sadie Bride | Senior Accounts Manager, ext. 141, sbride@hartfordbusiness.com Tracy Rodwill | Human Resources Manager trodwill@nebusinessmedia.com Production Bartosz Zinowko | Production Director, ext. 147 bzinowko@hartfordbusiness.com CT fuel cell manufacturers announce job cuts amid industry struggles C onnecticut's fuel cell industry continues to face headwinds. East Hartford-based fuel cell company HyAxiom Inc. has notified the state Department of Labor it will lay off 67 workers early next year at its South Windsor manufacturing plant and East Hartford headquarters. It's the second workforce reduction for the company this year. HyAxiom's parent company, South Korea-based Doosan Fuel Cell, recently reported a nearly 30% drop in third-quarter sales, which contributed to an operating loss. HyAxiom said the job cuts are a result of consolidating some global production to South Korea. Meantime, Danbury-based FuelCell Energy Inc. announced this month that it reduced its workforce by 17%, or 90 positions, amid significant recent financial struggles. Over two rounds of layoffs — one in September, and a larger one in November — the company trimmed jobs across its U.S. loca- tions, including Connecticut, as well as Canada and Germany. FuelCell said the restructuring was part of an effort to reduce the company's operating costs by 15% in fiscal year 2025, amid "slower-than-expected investments in clean energy." BermudAir features business and economy classes onboard its fleet of Embraer 175 aircraft. The new route to Bermuda follows the CAA's announcement earlier this month that Avelo Airlines has added seven new routes from Bradley to North Carolina, Florida, Houston, Jamaica and Mexico.