Stanley Black & Decker CEO calls Lamont's plan a 'strong vision for the future of transportation'

Published on Tuesday, 12 November 2019 19:02
Written by Ciara Hooks

@hooks_ciara

HARTFORD - Gov. Ned Lamont held a press conference on Tuesday morning to tout his transportation improvement plan and said he has support for the plan from some of the state’s biggest companies.

Among the plan’s backers is Stanley Black & Decker in New Britain.

“The governor’s proposed transportation plan is a holistic, comprehensive approach that provides a strong vision for the future of transportation,” Jim Loree, President and CEO of Stanley Black & Decker told The Herald on Tuesday. “The plan involves extensive and thoughtful improvements to our roads, bridges, train systems and airports.”

The governor and his administration are expected to spend the coming days and weeks pitching the new transportation plan dubbed CT2030. Lamont said the plan “is the key to businesses growth and expansion.”

“This is the best hope to bring our cities back to life,” said Lamont.

The 10-year, $21.1 billion CT2030 initiative unveiled on Thursday is a scaled-down proposal that focuses heavily on fixing major chokepoints on Connecticut’s highways and speeding up commuter rail travel times. It will be funded with mostly borrowing and 14 new bridge tolls.

“While no one wants to increase costs to CT residents, we believe the proposal provides reasonable funding mechanisms for a statewide, comprehensive transportation plan,” said Loree.

Lamont says he expects to be talking with “every single mayor” in the state, business leaders, chambers of commerce and state legislators.

“I urge our state legislators to set aside their partisan differences and embrace the governor’s plan. Connecticut’s ability to attract and retain businesses for healthy economic growth and job creation depends on it,” said Loree.

The governor said during his press conference on Tuesday that he has already met with lawmakers and business leaders and that he would gladly hold town meetings around the state to take his plan to the people.

The Herald reached out Mayor Erin Stewart for comment but did not receive a response by press time.

Reports from the Associated Press were included in this article.



Posted in New Britain Herald, Business, New Britain on Tuesday, 12 November 2019 19:02. Updated: Tuesday, 12 November 2019 19:05.