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Deal in the works for former Peter Paul site


By Andreas Yilma, Staff Writer
The former Peter Paul site, which is owned by The Hershey Company, on New Haven Road in Naugatuck has sat vacant for 10 years. Hershey has a signed purchase and sales agreement for the property. –ANDREAS YILMA
NAUGATUCK After more than a decade of sitting vacant, the former Peter Paul site on New Haven Road may soon have new economic life.
Naugatuck Economic Development Corp. President Ronald Pugliese said R+L Carriers, a global freight shipping company, has made an offer to buy the 36-acre parcel of land at 889 New Haven Road from The Hershey Company. He said Hershey accepted the offer and the companies are working on a deal. ....

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Board OKs Naugatuck's share of regional agency CEO's salary


By Andreas Yilma, Staff Writer
NAUGATUCK — The borough will pay about 30% of the salary for the CEO of the newly formed Naugatuck Valley Regional Development Corp. next fiscal year.
The Board of Mayor and Burgesses on April 27 unanimously approved paying $45,000 of Naugatuck Valley Regional Development Corp. CEO Thomas Hyde’s $150,000 salary. Waterbury is paying the rest, according to officials.
Naugatuck and Waterbury launched the regional development agency last January with the intent that the quasi-public corporation will be responsible for large-scale economic development efforts with multi-town benefits and involvement.
“Having that unified voice in the Valley, the area can get a larger share of the funding that is available,” Hyde said. “That is the hope.” ....

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