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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 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 Michael Juliano | Staff Writer mjuliano@hartfordbusiness.com Beat: Fairfield County 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 Dean Zappalorti | Senior Accounts Manager, ext. 101, deanz@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 Bristol Health CEO Kurt Barwis. two to three new stores each year, expanding our rental fleet offerings and growing our support staff right here in Middletown, Connecticut," CEO Joseph Mazzotta told the Hartford Business Journal. The credit facility includes a $120 million revolving line of credit, along with a $5 million term loan and a $35 million accordion feature. In addition to its headquarters in Middletown, Mazzotta Rentals has two existing locations in Massachusetts. It plans to soon open a fourth location in Brewster, New York, and another in Tewksbury, Mass., in December. Bristol Health CEO: Job cuts help put health system in the black A fter four consecutive fiscal years in the red, Bristol Hospital and Health Care Group posted a systemwide surplus of $637,000 during the first five months of its fiscal year, in part due to eliminating approximately 60 full-time positions. Kurt Barwis, president and CEO of Bristol Health, noted the health system ended fiscal 2023 with an operating loss of $21.8 million, and fiscal 2024 with an approximately $8.5 million to $8.9 million operating loss, a 58.76% improvement. The jump to a five-month operating surplus was achieved in part by "corrective actions, which collectively improve our operating run rate by $14.08 million on an annual basis," Barwis said. That includes total annual labor cost savings of $3.2 million, which is the result of eliminating 60.15 full-time equivalent positions, he said. The health system did pay out more than $1.8 million in merit increases, but Barwis notes that was offset by "a volun- tary 6% reduction in annual salary" made by all members of his executive team. Barwis described the labor cuts as "extremely difficult and painful to make," but they did not include "any reduction in core services, nor will they impact the safety or quality of the services we provide." CONTRIBUTED PHOTO CONTRIBUTED PHOTO Connecticut Airport Authority Executive Director Michael Shea. Bradley to debut new terminal additions starting in May Bradley International Airport is expecting to debut new terminal space and a more efficient baggage screening process later this year. The $260 million building project, which has been ongoing for two years and is being supported by $186 million in federal funding, should be finished in phases between May and the end of 2025, according to Connecticut Airport Authority Executive Director Michael Shea. "Overall, they're really going to enhance the passenger flow through the terminal and make the journey easier and quicker," he said. The improvements include a new building where checked baggage will be screened, freeing up space in the terminal's tick- eting area, and a more efficient baggage-handling process. The projects overall will add around 100,000 square feet of space to the terminal, and will change the flow of passenger movement, creating new esca- lators and stairwells down to baggage claim and adding two new security screening lanes for departing passengers. It will also add three new departure gates. "We've got 12 different passenger airlines now, so gates are in demand. Adding three will be very welcomed by our airline partners," Shea said. Middletown equipment rental company secures $160M credit facility to support expansion A Middletown-based business that provides rental equipment across the Northeast says it has secured a $160 million credit facility, led by M&T Bank, to help it grow. Mazzotta Rentals Inc., whose products range from fork and vertical lifts to excavators and generators, said the loan facility refinances existing debt and will support its "continued growth and expansion efforts." "We're focused on steady, contiguous growth — opening CONTRIBUTED PHOTO Mazzotta Rentals Inc. is headquartered in Middletown. Farmington's Mott Corp. inks $40M deal with Midwest dairy operation Mott Corp. says it will provide custom filtration to a large U.S. dairy farm operation as part of a nearly $40 million agreement. The Farmington-based company says it will implement an advanced filtration system to treat over 2 million gallons of wastewater every day. The client, which is not being named, is a large dairy farm in the Midwest. Mott's advanced water filtra- tion systems are used across industries, including manufac- turing, agriculture, municipal wastewater treatment, and food and beverage production. Mott, which was founded in Farmington in 1959, was acquired last year by Illi- nois-based Idex Corp., a manufacturer of fluidics and optics systems, fire and rescue equipment, and other specialty engineered products.