On the heels of the recent announcement that Alexion Pharmaceuticals in New Haven plans to lay off 210 workers, State Representative Jason Perillo (R-113) is joining the growing call for greater oversight of Governor Malloy’s “First Five” Program. Under provisions of the plan, Alexion received $51 million to relocate from Cheshire to New Haven. Perillo, a member of the legislature’s Finance, Revenue and Bonding Committee, says that committee should have greater oversight over such agreements between the state and businesses. A public hearing was held on the bill this afternoon in the Legislative Office Building in Hartford.
“This news comes right after we learned that ESPN, another recipient of ‘First Five’ funding from the state, will be making layoffs,” said Perillo. “The purpose of these investments was to grow jobs, and since we are losing them, it’s pretty clear that these arrangements aren’t working very effectively. I want to work to create conditions in the state that support all businesses instead of relying on the administration to arbitrarily pick winners and losers – particularly when we now have evidence that they aren’t very good at making those choices.”