TD Bank's Mike LaBella joins the CBIA BizCast to discuss ways the bank is supporting manufacturers' growth and success.

“The bank’s been a tremendous supporter of all industries, but especially manufacturing, because it's so key to our economy,” LaBella said.

TD Bank is sponsoring CBIA’s Made in Connecticut 2023 Manufacturing Summit Oct. 11 at the Aqua Turf in Plantsville.

With interest rates rising, liquidity winding down, and ongoing challenges from the workforce shortage, LaBella said “it’s more important than ever to really have a strong bank relationship.”

“I think manufacturers really need to take that long-term view now of what's going to make them more productive, reduce their cost of operations, and bring them into a better position technologically for their future growth.”