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HARTFORDBUSINESS.COM | MAY 18, 2026 3 tive. Eversource reported first-quarter net income of $606.8 million, up from $550.8 million a year earlier. 365 Data Centers eyes Trumbull for AI-focused facility 365 Data Centers, a Norwalk-based operator of colocation and cloud facilities, is considering Trumbull as a potential site for a new artificial intel- ligence-focused data center as part of a national expansion partnership. The company said it has teamed with Florida-based Aphorio Carter to develop roughly 200 megawatts of high-density data center capacity across the United States. The part- ners plan to identify, convert and build facilities designed to support AI workloads and other advanced computing applications. Trumbull is among four markets where the companies are pursuing potential projects, along with loca- tions in Kentucky, Virginia and Ohio. Newington aerospace supplier lands $105M Army contract PCX Aerosystems, a Newing- ton-based aerospace manufacturing company, has secured a $105 million contract from the U.S. Army for maintenance and overhaul work tied to Apache helicopter components. The contract covers rotary wing heads for Apache helicopters and is scheduled for completion by May 2031. PCX specializes in precision metal Biz Briefs St. Francis Hospital in Hartford. HBJ File Photo Trinity Health announces leadership shakeup 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 $150.00. To subscribe, visit HartfordBusiness.com, email circulation@ hartfordbusiness.com, or call (845) 267-3008. Advertising For advertising information, please call (860) 236-9998. 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Tom Curtin | CEO, 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, State Government 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 Sadie Bride | Senior Accounts Manager, ext. 141, sbride@hartfordbusiness.com Michael Olender | Senior Accounts Manager, ext. 140, molender@hartfordbusiness.com Destiny Cyr | Operations & Administrative Specialist, ext. 138 dcyr@hartfordbusiness.com Production Bartosz Zinowko | Production Director, ext. 147 bzinowko@hartfordbusiness.com Events Kathryn Pelletier | Events Manager, ext. 136 kpelletier@hartfordbusiness.com A data center owned by 365 Data Centers. Contributed Photo Ruger shifts corporate HQ to North Carolina Sturm, Ruger & Co. said its corpo- rate headquarters moved from Connecticut to North Carolina at the start of 2026, while the firearms manufacturer also recently elimi- nated about 100 jobs as part of a restructuring effort. The company said Mayodan, North Carolina, is now its corporate head- quarters, though Ruger continues to maintain an office in Fairfield's South- port section with about 20 employees focused primarily on finance, accounting and legal functions. Ruger said the layoffs, carried out in February, primarily affected manufacturing operations and did not impact Connecticut workers. Founded in Southport in 1949, Ruger has long been associated with Connecticut, though it stopped manu- facturing in the state decades ago. Eversource CEO pushes back on data centers amid energy cost concerns Eversource Energy CEO Joe Nolan told investors the utility is "resisting data centers" in New England, arguing the projects would increase electric costs without benefiting customers. Speaking during the company's first-quarter earnings call, Nolan said surging power demand from artificial intelligence and cloud computing facilities could strain the regional grid and raise rates. His comments come as Connecticut and other states rethink incentives and policies tied to data center development amid concerns about energy demand and infrastructure costs. Nolan also praised recent lead- ership changes at the state Public Utilities Regulatory Authority, calling the regulatory climate more construc- machining for aircraft, spacecraft, submarines and missile systems. Last year, the company merged with Applied Aerospace to form Applied Aerospace and Defense. The combined company employs more than 1,300 people across nine facilities in five states, including operations in Newington, Manchester and Enfield. Medtech firm IDEX to close Bristol plant, lay off 73 IDEX Health & Science, a manufac- turer of components and systems used in medical and laboratory equipment, plans to close its Bristol manufacturing facility this fall and lay off 73 employees. According to a WARN notice filed with the state Department of Labor, operations at 110 Halcyon Drive are expected to cease around Oct. 30, with layoffs beginning in mid-July. The cuts will permanently eliminate all positions at the facility, including machinists, assemblers and engineering staff. The Bristol facility has focused on precision plastic manifolds and fluidic assemblies used in diagnostic and T rinity Health Of New England announced a series of leadership changes at St. Francis Hospital and across its regional health system amid ongoing regulatory scrutiny. As part of the shakeup, Trinity Health Of New England President and CEO Montez Carter will transition into an advisory role before departing July 1. Dr. Steve Hanks will oversee the New England system while continuing to lead Trinity Health New York. At St. Francis Hospital, Dr. Robert Roose was named interim president, replacing Valerie Powell-Stafford. Jennifer Misajet was named interim chief nursing officer as the system also searches for interim chief medical and operations leaders. The hospital remains under a state consent order tied to staffing shortages, medication errors and patient safety concerns. A PCX shop floor in Connecticut. Contributed Photo Joe Nolan IDEX's Bristol facility at 110 Halcyon Dr. Photo | CoStar Continued on next page