6 Doing Business in Connecticut | 2017
T
here are a handful of major corpora-
tions and institutions that provide
an incredibly strong foundation for
Connecticut's economy. In the private
sector, companies like Hartford-based
United Technologies Corp., with its sub-
sidiaries Pratt & Whitney and Otis Eleva-
tor, have developed a robust ecosystem of
suppliers that employ thousands. In the
nonprofit sector, colleges like Yale Univer-
sity, have been major players in growing
Connecticut's bioscience industry. ese
anchor institutions are not only drivers of
economic growth, but spur innovation as
well, insuring growth into the state's future.
e possibilities for partnering with Con-
necticut's anchor institutions are endless.
Large ins tu ons in
key sectors help draw
talent to Connec cut.
Otis Elevator's test tower in Bristol is a well-known landmark to Connecticut residents. As part of United Technologies
Corp., Otis is one of the many anchor businesses and institutions that underpin the state's economy.
PHOTO|OTIS
in Connecticut
Reasons
Anchors
TOP
to do business
TOP REASONS
United
Technologies Corp.
works with approximately
2,500
suppliers in Connec cut.
There are18
companies on
the
Fortune 500
list that are based in Connec cut.
Connec cut companies are
responsible for
$15 billion
in global exports.
