Hartford Business Journal

January 25, 2016

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G R E AT E R H A R T F O R D ' S B U S I N E S S N E W S w w w. H a r t f o rd B u s i n e s s . c o m For more B2B news visit JANUARY 25, 2016 Volume 24, Number 8 $3.00 Subscribe online Friday, March 18th, 2016 8:30 a.m. – 1:00 p.m. Hartford Hilton L E A R N I N N O V A T E C O L L A B O R A T E S A V E SUMMIT ANNUAL 's Hartford's iconic 960 Main mired in bruising repo flap By Gregory Seay gseay@HartfordBusiness.com F or generations of downtown Hartford shoppers, visits to G. Fox & Co. depart- ment store and the 960 Main St. build- ing that housed it were special occasions, akin to a scene right out of the Christmas film, "Miracle on 34th Street.'' G. Fox closed 22 years ago, but the 11-story building erected in the early 1900s and now known simply as 960 Main is the eye of a stormy, financial melodrama dragging out mostly behind the scenes the past three years in Hartford Superior Court. At the core of the legal dispute are two Index ■ Week in Review: PG. 6 ■ Focus: PG. 8 ■ The List: PGS. 10, 11 ■ Deal Watch: PG. 12 ■ Movers & Shakers: PG. 18 ■ Opinion & Commentary: PG. 20 EXECUTIVE PROFILE Preserving News Tom Wiley, the new publisher and CEO of the Hartford Courant Media Group, is an adept media sales executive and staunch defender of journalism as the fourth estate. PG. 5 Billion-Dollar Division Legrand North America, the West Hartford maker of a raft of mechanical and digital household and commercial lighting and power switches and controllers/sensors, is coming off a busy 2015 that included a wave of acquisitions and a key revenue milestone was reached. PG. 3 By Matt Pilon mpilon@HartfordBusiness.com L ike a spurned love interest, General Electric is leaving Con- necticut for what it views as a more attractive mate. Now it's time for the state to hit the gym to re-shape its competitive prowess, industry observers say. "In my mind, let's take the slap to the face, but let's keep mov- ing and say to ourselves 'what do we need to do?' " said Connecti- cut Technology Council President and CEO Bruce Carlson, who speaks for approximately 2,000 companies in the software, advanced manufacturing and other industries — the overwhelming majority of which are likely staying in Connecticut despite GE's departure. Among the recommendations from Carlson and others for the post-breakup recovery period: Strive to make Connecticut an attrac- tive place for high-tech talent; improve infrastructure; strengthen industry-university partnerships; and hone the state's messaging about its economic aspirations. Continued on page 14 Fighting for Talent In GE's wake, biz leaders call for more high-tech recruitment Bruce Carlson, who leads the Connecticut Technology Council, wants Connecticut to strengthen its support ecosystem for mid- sized companies. P H O T O | P A B L O R O B L E S 960 Main St., once downtown home to G. Fox & Co. H B J P H O T O | G R E G O R Y S E A Y Continued on page 16

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