Hartford Business Journal

2 HARTFORDBUSINESS.COM | AUGUST 10, 2026 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 $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. 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. 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 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 Destiny Cyr | Operations & Administrative Specialist, ext. 138 dcyr@hartfordbusiness.com Production Bartosz Zinowko | Production Director, ext. 147 bzinowko@hartfordbusiness.com Events Kathryn Pelletier | Director of Marketing and Events, ext. 136 kpelletier@hartfordbusiness.com Windsor eyes incentives for downtown businesses, housing projects Windsor officials are considering new financial incentives aimed at spurring downtown business activity and redevelopment. The Town Council in September is expected to consider a storefront grant program that would reimburse up to 50% of eligible build-out costs for new retail and restaurant tenants, funded with nearly $390,000 from the Windsor Center Tax Increment Financing District. Officials are also weighing expanded property tax abatements for office-to-housing conversions and new multifamily developments in targeted growth areas, including Windsor Center and the Day Hill Corporate Area, to help offset rising development costs and encourage investment. Travelers Championship earns spot in PGA TOUR Championship Series The Travelers Championship will join the PGA TOUR's new Champi- onship Series beginning in 2028, securing the Cromwell tournament's place among the circuit's premier events. The series is expected to include about 23 to 24 tournaments each season, including The Players Championship, the four majors and postseason events. The Travelers Championship has been a Signature Event since 2024. This year's tournament drew a $20 million purse, raised more than $5 million for charity and was won by Viktor Hovland. Tournament orga- nizers say the event has generated more than $40 million for more than 1,000 charities since Travelers became title sponsor in 2007. Houston conglomerate buys Farmington contractor that wired prominent CT buildings Houston-based infrastructure company Quanta Services has acquired Farmington-based Phalcon Ltd., parent of McPhee Electric and several other contractors that have completed major projects across Connecticut. Financial terms of the deal were not disclosed. Phalcon, which employs about 4,100 people, owns McPhee Electric, Ravex Systems, Harlan Electric, PowerHawke and J.E. Richards. Its subsidiaries have worked on projects at Hart- ford Hospital, UConn and Bristol Hospital, among others. Quanta said the acquisition expands its presence in the Northeast and mid-Atlantic and strengthens its position in the growing data center market. CT law firm opens Greenwich office Carmody partners Bill Hennessey, Lisa Feinberg and Rod Saggese stand outside the firm's new Greenwich office. Contributed Photo Connecticut law firm Carmody Torrance Sandak & Hennessey LLP has opened a new office in Green- wich, expanding its footprint in lower Fairfield County. The office, at 88 Field Point Road, is intended to better serve existing clients while supporting future busi- ness growth in the market, the firm said. Senior Partner Bill Hennessey will lead the office. Carmody has about 90 attorneys and practices in areas including corporate law, real estate, litigation, labor and employment, environ- mental law, trusts and estates, intellectual property and immi- gration. The firm now has eight Connecticut offices. State launches first phase of $1.6B New Haven Line upgrade Viktor Hovland holds the trophy after winning the 2026 Travelers Championship. Contributed Photo Windsor Economic Development Director Patrick McMahon. Contributed Photo A submarine under construction at Electric Boat's Groton yard. Contributed Photo Electric Boat lands historic $76.6B Navy submarine contract G roton-based Electric Boat has secured U.S. Navy contract awards worth $76.6 billion to build 14 submarines and fund shipyard improvements, marking one of the largest shipbuilding awards in modern history. The package includes $42.1 billion for nine Virginia-class submarines, $29.5 billion for five Columbia-class submarines and $5 billion for ship- yard enhancements. The award provides long-term production certainty through the late 2030s for Electric Boat, its more than 300 Connecticut suppliers and its workforce. The company plans to hire 8,000 workers this year. Parent company General Dynamics recently said Elec- tric Boat remains on track to increase production to two Virginia-class and one Columbia-class submarine annu- ally in the early 2030s as supply chain performance continues to improve. A Metro-North train bound for Grand Central Terminal passes through Stratford on the New Haven Line, which is slated for upgrades. Contributed Photo

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