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Financial services company opening in Danbury

A $13 million investment is being made on Danbury's west side.  New Oak Credit Services, a subsidiary of New Oak Capital will be opening an operation at the Matrix Corporate Center.  Mayor Mark Boughton says the City negotiated with the company for about 8 months to bring 100 new jobs to Danbury.

 

Governor Dannel Malloy was on hand for the announcement Wednesday by New Oak, a Manhattan-based financial services company.  His Economic Development Commissioner says the state offered the company a $3 million dollar forgivable loan if they meet the 100 position hiring goal within their first three years of operating.

 

Another economic development announcement was made at the Old Ridgebury Road complex in March,  a $90-million 10 year lease extension by Boehringer Ingelheim.

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