Business & Tech

Electric Boat Spends Millions On Groton Properties

The submarine manufacturer has purchased two properties near its Groton shipyard.

GROTON, CT — Electric Boat has purchased two commercial properties near its Groton shipyard, The Hartford Business Journal reported.

The properties at 359 and 415 Thames St. cost $3.6 million. One of the properties is a warehouse and the other is a vacant restaurant.

The company plans to use the properties for employee parking.

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Read the full story at The Hartford Business Journal.

Earlier this year, the company purchased a $5.5-million property in North Stonington.

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