ENFIELD, Conn. (WTNH)–“I found out about it through the company, online through their internet site.”
Tim Lipinski works at MassMutual and is finding out just like everyone else. The insurance giant is closing their Enfield site along with a half a dozen others around the country, and moving them all to Massachusetts, where they received nearly $50 million in incentives and tax breaks.
They will be spending $300 million in our state to the north, building at their corporate headquarters.
“They didn’t really release any details, unfortunately I don’t have much of an idea of what’s going on yet, but it sounds like that is the overall goal,” Lipinski said.
As employees get out of work at MassMutual, they are learning of the news. 1,500 jobs heading north to Massachusetts. We spoke to people in the area, and they said it’s not surprising. GE left, moving its corporate headquarters to take it up there, and Enzo Faienza says this is really going to hurt.
“Connecticut is known for its insurance companies, and with them leaving, it’s going to take its toll on the Connecticut insurance businesses.”
1500 people no longer eating at restaurants and fueling up at gas stations in the area. Those are high-paying jobs that will hurt some businesses in Enfield. Chris Lees is the Executive Chef at the Commonwealth Kitchen and Craft Bar.
“We get a lot of people here from MassMutual. We’ve been offering 10% off to MassMutual employees.”
Tim Lipinski says when his company moves north, he may also leave for greener pastures.
“I love working there, so I totally trust them, trust their decision making, we will see what happens. Would you move up to Massachusetts? I would consider it.”
To give you an idea of how much of a tax break they get moving north, in Enfield they just finished a nearly $40 million renovation on their facilities there, and they’re going to abandon that and move to Massachusetts.