Loan to help CT car race track
The State of Connecticut will provide Thompson International Speedway, LLC with an $800,000 loan to upgrade its existing facility in Thompson. Founded in 1940, the company has 48 employees and plans to hire at least 23 more employees over the next two years. “This is a terrific story of a new generation bringing their talent, skills and entrepreneurship home to the family business and Connecticut,” Governor Malloy said. “It capitalizes on one of our state’s strengths – our location – and serves a growing regional market for sports entertainment and tourism, employs and create jobs for residents and brings out-of-state spending into the local economy.” DECD will provide the $800,000 loan at 2 percent interest for a term of 10…
