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Theresa B. Gerratana

New Britain On Track For Millions In State Grants

New Britain On Track For Millions In State Grants

NEW BRITAIN — The city's legislative delegation expects the state next week to authorize $6.7 million in grants and loans for local economic development, low-income housing and a new military memorial.

The Bond Commission is expected to support a $1.9 million low-interest loan for Polamer Precision's new plant, part of an overall long-term aid package of $10 million, according to legislators.

The company, which produces components for aircraft engines and airframes, employs about 100 people and is promising to hire another 200 within three years.

"They are a precision tooling company, advanced manufacturing … very high-tech," Sen. Theresa Gerratana,...

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