A year ago, United Technologies Corp.'s chief financial officer, Greg Hayes, touched off a firestorm when he said that anyplace is lower cost than Connecticut.
Thursday, as UTC executives again met with Wall Street analysts, Hayes said the Hartford-based company still has a sharp focus on shifting from high-cost to low-cost locations. But he said he wasn't going to make any state-by-state comparison this time around.
Sikorsky president Jeffrey Pino put it the most bluntly: "I'll say what Greg didn't say. When we move work out of our home state, it goes to a lower-cost location."
Friday, March 11, 2011
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3 comments:
Who could blame them for fleeing the socialism in this state.
They will go to a state where capitalism is still free to survive.
I'm surprised that Governor Perry isn't coming to town to try and coax them to move to Texas. The Governor spends much of his time stealing large employers from California.
I guess Connecticut is too insignificant for the leader of such a large free state to focus on.
You mean they don't want to stay here and pay Danno's ever increasing jobs destroying taxes??
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