2 steel firms move to Conn. with state aid

NORTH HAVEN, Conn. (AP) — Connecticut Gov. Dannel P. Malloy says the state is contributing $19 million in economic development aid to steel product companies moving to North Haven that could eventually employ 400 people.

The company, Sustainable Building Systems LLC, is a joint venture between the Weeks Group and Diverse Services Group that will make building panels for homes, hotels, the military and other applications.

Diverse Services Group, based in Scottsdale, Ariz., manufactures energy-efficient building products. The Weeks Group, an Australian business, builds homes and manufactures steel framing products.

State support for the $97 million project will be provided through Malloy's First Five program that is intended to spur large-scale business development.

The governor said Wednesday that the state's economic development work will boost job growth. Unemployment in May was 7.8 percent.