Issue link: https://nebusinessmedia.uberflip.com/i/654846
www.HartfordBusiness.com March 21, 2016 • Hartford Business Journal 7 WHAT'S AHEAD: ■ 3/28 Focus: Best Places to Work in CT ■ The List: Best Places to Work in CT ■ Nonprofit Profile: CT Bar Foundation CALENDAR WEDNESDAY, MARCH 30 Women-Owned Business Day at the Capitol The Women's Business Development Council is hosting a Women- Owned Business Day at the State Capitol in Hartford March 30. The event will run from 8:30 a.m. to 12:30 p.m. and will feature an interactive discussion with key national and state leaders about the economic clout of women entrepreneurs. The keynote speaker will be Jennifer Bisceglie, president of Women Impacting Public Policy International. Magdalah Racine-Silva, president and CEO of DMS International, will also be a speaker. The event is free to attend. For more information or to register contact: Kristen Hogan, 203.353.1750, khogan@ctwbdc.org. F O R A C O M P L E T E L I S T O F G R E A T E R H A R T F O R D B U S I N E S S E V E N T S , G O T O W W W . H A R T F O R D B U S I N E S S . C O M A N D C L I C K O N ' C A L E N D A R . ' A L L C A L E N D A R I T E M S M U S T B E S U B M I T T E D E L E C T R O N I C A L L Y V I A O U R W E B S I T E , H A R T F O R D B U S I N E S S . C O M . REAL ESTATE Ex-Shaw's redo secures construction loan A $5.2 million construction loan has been se- cured for the 130,000-square-foot redevelopment of a former Shaw's grocery store in New Britain. It is scheduled for completion this summer. DealPoint Merrill, a West Coast realty investor, plans to make the idle New Britain supermarket storefront its newest U.S. testbed for satisfying Americans' growing appetite for extra closets to stash their stuff. DealPoint Merrill closed its $2 million purchase of the vacant Shaw's Supermarket building at 1045 West Main St., New Britain, last August. DealPoint Merrill portfolio manager Roger Bur- gin said at the time conversions of underused or vacant "big-box'' retail sites are climbing nation- wide, particularly as the appeal of brick-and- mortar locations yield to the exploding presence of online shopping. MANUFACTURING First delivery of large Pratt engine order The first A320neo powered by Pratt & Whitney PurePower en- gines has been delivered to IndiGo. It is part of one of the largest engine orders in Pratt & Whitney's long history. This is the beginning of the delivery schedule to fulfill IndiGo's order of 150 Airbus A320neo family aircraft powered by PurePow- er Geared Turbofan engines. IndiGo is India's largest low-cost and fastest-growing carrier. The PurePower engine is proving to be popular internationally. In February, Brazilian aircraft maker Embraer formally rolled out its passenger jet powered with Pratt & Whitney Co.'s geared tur- bofan engines. The first E-Jet E2 aircraft flight is due to take place in 2016, with deliveries expected for 2018. Pratt said that, to date, Embraer has received orders, options and letters of intent for more than 640 E-Jets E2s. Glastonbury's Gemma to begin N.C. construction Glastonbury's Gemma Power Systems said it has received the go-ahead to begin engineering, procurement and construction work on a natural gas-fired power plant in North Carolina. Gemma first announced the contract with NTE Energy for the 475-megawatt plant last year. Gemma also has a contract with NTE for a second plant of the same size, located in Ohio. Both projects are slated for completion in 2018. H ealth insurance is the most important benefit you offer and it's a big part of your budget. You need an insurance program that not only meets the needs of your employees but also helps you control costs. CBIA Health Connections — the most successful private insurance exchange for small business — is the solution. With Health Connections you simply set your contribution level then let your employees choose a plan from Aetna, ConnectiCare, Harvard Pilgrim, or UnitedHealthcare. From medical and dental plans to life, disability and vision options, there's something for everyone with CBIA Health Connections. Contact your agent for a quote or call 860.244.1900. Who do small businesses choose for health insurance? Richard P. Ramondetta President Alloy Specialties, Inc. Manchester CBIA Health Connections allows me to offer my employees a valuable benefits package while helping to control our medical benefits budget. A California realty investor paid $2 million for this former Shaw's Supermarket in New Britain that it will convert and reopen as a self-storage facility. P H O T O | H B J F I L E