Northrop Grumman announced on Friday that it plans to close its manufacturing facility in Norwalk, Ct.
The plant has been in operation under various owners since 1961. Grumman is in the process of
consolidating its facilities located in Maryland and Illinois. There are currently 315 Workers at the Norwalk Plant,
50 of those employees will be given an option to move to one of their other facilities.
Connecticut Gov. Dannel P. Malloy stated that the state has been preparing for cuts in the defense industry.
Malloy says the state is prepared to help its high-tech workforce make a successful transition. Once again
the state is at the ready to make a deal with Northrop to slow down the process of closing down the Norwalk plant.
department will discuss the economics of Northrop’s decision and hopes to offer a package to delay the closing for some time, providing a chance that an uptick in the economy could produce more orders or allow the defense contractor to find new work for the facility.
Catherine Smith of the Depart of Economic and Community Development on Friday said that keeping
Northrop Grumman from closing down its plant was going to be an uphill battle. Part of the discussions will
involve a benefits package to delay the closing beyond the year 2013. So once again it appears to me at least
that the only way to keep a company from closing its doors is to bribe them with forgivable loans.
Something is seriously wrong with a state having to give forgivable loans to any company to keep them
here in the state of Connecticut or to even entice companies to come here to do business at all.
It would seem that the real solution to this problem would be to look at the state corporate tax structure and
make modifications to make Connecticut more appealing to companies.