Insurance & Financial Services
The Hartford-Springfield region is home to a high concentration of insurance and financial services companies comprised of commercial banks, savings institutions, financial leasing firms, and major insurance companies. MassMutual Financial Group is headquartered in Springfield. Voya Financial U.S. operations, The Travelers, Uniprise/United Health Group, The Hartford Financial Services Group, AETNA, CIGNA, Nassau Re, Hartford Steam Boiler are in the Hartford Region. The CT Insurance & Financial Services (IFS) Cluster was created to support this dynamic and globally competitive industry sector.
Plastics Manufacturing
More than 70 businesses, support companies, specialized degrees programs – including the country’s premier polymer science program at University of Massachusetts – and several trade organizations represent this important industry.
Health Care
Many of the region’s major employers are hospitals and health care networks. Baystate Health, with more than 10,000 employees, is Massachusetts’ second largest hospital system and is also the western campus of the Tufts University School of Medicine. Cutting-edge research laboratories and an array of specialty treatment centers are located in region. Hartford Hospital received the highest honor from a prestigious national registry for consistent quality in caring for patients with potentially-fatal heart attacks; Saint Francis Hospital & Medical Center’s is one of the largest hospitals in New England and provides state-of-the-art knee and hip replacements, offering the latest surgical technologies in orthopedic surgery.
Life Sciences/Biotechnology
An exciting group of public and private sector life science and biotechnology entities have found New England’s Knowledge Corridor appealing for research, development and education, resources, support and incentives for science and medical-based businesses. Complementing its outstanding biopharmaceutical companies are more the 40 academic institutions offering advanced degrees in life sciences, a top five National Institutes of Health-funded hospital, and a workforce with unparalleled skills and productivity to employers.
Information Technology
Reliable bandwidth, low overhead and an educated workforce enable over 125 regional software companies to offer their full range of products and services to businesses and consumers worldwide. New England’s Knowledge Corridor is nationally ranked for its concentration of high tech workers per capita; Massachusetts and Connecticut ranked 6th and 24th respectively according to AeA Cyberstates 2008 report
(Precision) Manufacturing
The Region’s vital manufacturing industry is a cornerstone of the region and has been for over 200 years.
Aerospace and Defense Manufacturing
The region is comprised of major innovators and manufacturers such as the United Technologies subsidiaries Hamilton Sundstrand, Pratt & Whitney and Sikorsky. Along with the world’s most highly skilled aerospace workforce and component parts manufacturers, the region provides a range of precision aerospace products and services that exceeds any other in the world.
Medical Devices Manufacturing
Medical Device development and manufacturing is an emerging industry device entrepreneurs can build companies that depend on the region’s wealth of engineers, researchers, and precision machining professionals. Biomedical Engineering Alliance & Consortium (BEACON)
Firearms Manufacturing
Firearms Manufacturing is a long-standing industry that spawned and depends upon the region’s wealth of engineers, researchers, and precision machining professionals.
Plastics Manufacturing
More than 70 businesses, support companies, specialized degrees programs – including the country’s premier polymer science program at University of Massachusetts – and several trade organizations represent this important industry.
Lasers & Photonics
New England’s Knowledge Corridor is home to the world’s top three laser companies for manufacturing, development and research – TRUMPF, Nufern, Coherent. Lasers and photonics research is ongoing within the Corridor at the University of Connecticut and at Yale University.
Advanced Security
The U.S. security market is broad and includes segments such as surveillance and monitoring, access control, biometrics, computer security, fire/burglar alarms, and home automation. All are found within New England’s Knowledge Corridor
Renewable Energy
Clean technology has increased its presence in New England’s Knowledge Corridor as the industry experiences rapid growth. Companies, research institutions and regional green energy organizations collectively create and enhance this industry. Positioned as a world leader in developing and producing fuel cells for on-site power together, we anchor the Northeast markets, ready to expand to more commercial functions.
Tourism
Affordability and easy access to the entire Northeast makes New England’s Knowledge Corridor a popular vacation destination. The region has a wide variety of arts, heritage, entertainment and recreational opportunities including the Wadsworth Atheneum, the Basketball Hall of Fame, and major sporting events including the Travelers Championship, the only PGA Tour stop in New England.