Advanced Manufacturing
Connecticut is a hub for advanced manufacturing, significantly impacting the state and local economy.
Connecticut: The Epicenter of Advanced Manufacturing
Connecticut leads the nation in advanced manufacturing, with approximately 1,100 manufacturers contributing $9.5 billion in GDP within the Hartford MSA. The region's 32,860 advanced manufacturing jobs drive 89% of the state's $16 billion in exports annually. Major companies like Otis Elevator, Pegasus Manufacturing, and Stanley Black & Decker fuel this economic powerhouse.
Key Facts
Economic Impact
Company Highlights
#1: Most productive and geographically concentrated advanced manufacturing hub in the country.
#6: Nation’s ranking for the concentration of engineers.
25%: Share of U.S. aircraft engine parts manufacturing located in Connecticut.
16%: Share of U.S. shipbuilding and repairing activities in the state.
#1 State: For aircraft engine and engine parts manufacturing in both jobs and state GDP.
Jobs: 32,860 advanced manufacturing positions in Hartford MSA
GDP Contribution: $9.5 billion in the Hartford MSA
State GDP Impact: Over $20 billion generated statewide
Otis Elevator: The world’s largest manufacturer of elevators and escalators, headquartered in Connecticut, shaping global urban mobility.
Stanley Black & Decker: A global leader in tools and storage solutions, driving innovation in manufacturing and supporting a robust supply chain.
Pratt & Whitney: A key player in the aerospace industry, specializing in aircraft engines that power both commercial and military aviation worldwide.
Electric Boat (General Dynamics): Vital to national defense, leading in the design and construction of submarines for the U.S. Navy.
Raytheon Technologies: A major aerospace and defense company, advancing cutting-edge technologies and boosting the state’s economic strength.
Interested in Hartford?
Fill out this form or use the information below to contact Gene Goddard, Chief Business Investment Officer at the MetroHartford Alliance.
Gene Goddard
Chief Business Investment Officer
ggoddard@metrohartford.com
860.525.4451 ext. 281