KILLINGLY, Conn. (WTNH) — There are about a hundred people who work at the corporate headquarters for the Rogers Corporation.
“That’s a big aspect of our town so I”m just curious what’s going to happen,” says Kim Samaros.
The president and CEO of Rogers says “Relocating our corporate headquarters to Arizona improves our access to the growing business and technology centers on the west coast.”
Betti Kuszaj the executive director of the Northeastern Connecticut Chamber of Commerce believes Connecticut’s business climate is pushing the company out.
“It’s the corporate tax, it’s the challenging mandates that there are. It’s the regulation the regulatory climate it’s unemployment comp. It’s all of it. It’s cumulative,” says Kuszaj.
“I think Connecticut has issues with regard to its business attractiveness both real and perhaps more problematic perceived,” says David Cadden a professor emeritus at Quinnipiac University.
Still he believes another company’s announcement of 600 layoffs is less about the state’s climate and more about the fact Altice USA recently acquired Cablevision and all its debt so it now needs to cut costs.
“There’s no easier way to cut operating costs than to cut your labor cost by eliminating jobs,” says Cadden.
As far as when the Rogers Corporation will move its headquarters to Arizona News 8 has learned it will be anywhere between one and two years. So no changes immediately.