As one of Connecticut's fastest growing communities,
Shelton continues to attract new business development at lightening speed.
The balance between business and residential development has given the
City a stable and predictable tax rate, which is vital to the continuation
of growth in the community. It is not surprising that hundreds of new
businesses have been drawn to Shelton over the last several years. This
pattern of growth shows no sign of breaking and will enable the City to
maintain its low, stable tax rate well into the future.
Over the past 10 years, 800 new businesses
and companies have relocated to Shelton and added over 7,400 new jobs.
In addition, the office vacancy rate has decreased from 28.2% to 3.4%.
Connecticut Governor John G. Rowland said
to a gathering of state and local officials, "Shelton is second to
none when it comes to corporate office development."
Shelton was recently featured in CT Business
Magazine. "Riding the Wave, an Economic Profile" described
Shelton as "the unofficial" Silicon Valley of Connecticut.
The following is a partial list of some
of the more prominent companies that have a major presence in Shelton
with corporate headquarters, research and development and manufacturing:
Allstate Tractor Training
American Skandia Life Assurance Corp.
Auto Swage Products, Inc.
Ascom Hasler Mailing Systems, Inc.
Baldwin Graphics Products
Carter, William Co.
Country Home Bakers
Crookhorn Davis Co.
Data Switch Corporation
Firing Circuits, Inc.
Flexi International Software, Inc.
General Electric, Inc.
Health Net of the Northeast, Inc.
Jack Welch Consulting
Nielson Media Research
Pitney Bowes, Inc.
Rhone Poulenc Base Chemicals Co.
Robert Half Associates
SAI Systems International, Inc.
Scinto, R.D., Inc.
Severn Trent Lab
Shaw Mudge & Co.
Stratis Business Centers
Swiss Army Brands, Inc.
Tetley USA, Inc.
W.E. Bassett Co.
Wiffle Ball, Inc.
Wisvest (Electric Power Products)
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