After GE’s exit, Fairfield’s first selectman looks to fill the void with small businesses

February 22, 2018 01:19PM

Fairfield First Selectman Mike Tetreau wants to grow the private sector in his town and may press for changes to zoning laws to make it happen. When General Electric abandoned its Fairfield headquarters after 42 years, it left a “$2 million revenue hit we have to make up,” Tetreau told the Fairfield County Business Journal, but he believes smaller businesses rather than corporate campuses are the way forward. “The economy is driven by companies with under 500 employees,” he said. [FBJ]