HARTFORD, CT (AP) -
A business research company and two aerospace firms are set to receive state loans from Connecticut to help create jobs.
Gov. Dannel P. Malloy says the Department of Economic and Community Development is giving FactSet Research Systems Inc. in Norwalk a 10-year, $2 million loan. The company is expected to create 200 jobs over five years.
FactSet is a financial data and software company that provides data to analysts, portfolio managers and other investment professionals.
The state says FactSet employs 641 people in Connecticut. Malloy also said Beacon Industries will merge with TECT Power of Newington, which will keep 165 employees and create 60 jobs. Both are in the aerospace industry.
The state's economic development agency and Connecticut Development Authority are lending $3 million to the companies.
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