Electric Boat focus of chamber program
WATERBURY – The Waterbury Regional Chamber is presenting a second networking event on how manufacturers and related businesses in Greater Waterbury can work with General Dynamics Electric Boat.
The speed networking event will be Monday June 26 from 2 p.m. to 5 p.m. in the community room of the Center for Health Sciences building at Naugatuck Valley Community College, 750 Chase Parkway, in Waterbury.
The chamber is hosting the event with the support of Sen. Christopher S. Murphy, D-Conn and Rep. Elizabeth H. Esty, D-5th District.
To keep up with the growing demand for submarines, Electric Boat must expand the vast network of companies it works with to support its submarine construction efforts, and would prefer to work with manufacturers and suppliers in Connecticut. The Chamber hosted an event in April attended by more than 90 people that featured T. Blair Decker, EB’s Vice President of Supply Chain, Material Conveyance and Strategic Sourcing, who explained what the submarine manufacturer is doing and outlined the help the company needs.
Decker said that, over the next decade, Electric Boat expects “to increase procurement activity by more than 2.5 times the current volume. This new work represents a substantial opportunity for state suppliers to grow along with Electric Boat.”
The June 26 event follows the earlier event, offering manufacturers, suppliers, and other businesses the opportunity to sit down with members of EB’s procurement and subcontracting team and discuss the potential for working together. In the “speed networking” format, attendees will have a specified amount of time (to be determined based on the number who register) to make their pitches to an EB executive.
To participate, attendees must be U.S. citizens, and there are restrictions for working with foreign-owned companies. In addition, qualifying as an approved supplier or subcontractor for a major defense contractor like EB requires a lengthy process if a company is not already approved.
Lynn Ward, chamber president and CEO, said the event is part of her organization’s core mission to promote economic development. “Many local manufacturers are chamber members, but helping all manufacturers in the region to thrive and grow helps the economy and promotes economic development in Greater Waterbury,” she said.
Cost to attend is $45 for chamber members, $125 for not-yet members. None of the proceeds from this event go to Electric Boat. Attending does not guarantee a company will receive an invitation to bid, nor a contract, with EB.
Registrations must be received by 5 p.m. on Monday, June 19. To register, call the Chamber at 203-757-0701 or visit waterburychamber.com.