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Praxair Abandons Plan To Build New HQ In Danbury

Jim Barg
Gov. Dannel Malloy and Praxair CEO Steve Angel shaking hands at the announcement ceremony between Praxair and the state in November.
Gov. Dannel Malloy and Praxair CEO Steve Angel shaking hands at the announcement ceremony between Praxair and the state in November. Photo Credit: Karen Tensa, File

DANBURY, Conn. – Industrial gas supplier Praxair has shelved plans to build a new world headquarters in Danbury, The Times-News reported.

According to The Times-News, company and state officials said the project was abandoned because of cost overruns. The projected cost shot past $100 million, far above the $60 million to 65 million number announced by company CEO Steve Angel and Gov. Dannel Malloy at a press conference in October.

But company officials told The Times-News that Praxair had no plans to leave Danbury.

Click here to read the full story at the News-Times website. Read more about Praxair's plan to remain in Danbury here on the Daily Voice. 

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