Business Excellence Awards
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PAWTUCKET - After 93 years in Rhode Island, Korb's bakery has closed. The main bakery and store on Pawtucket Avenue was the last of the company's stores to close when it shut at the end of November. Two other stores, one in Warwick and another in Pawtucket closed in the spring. The business was founded in 1906 by Philip Korb a Latvian immigrant. It became a thriving business passed on through three generations until Richard Korb, the third generation recipient sold the baking business to Ed Field, a Cumberland businessman who proposed to use the bakery in conjunction with cafes he planned to open. Korb retained ownership of the building on Pawtucket Avenue. It was Field who finally closed the bakery.
RIDLT announces wage tax base for 2000
PROVIDENCE - The state Department of Labor & Training has announced a $12,000 wage base on which unemployment insurance taxes will be paid starting
January 1, 2000. That is down from the existing $14,000, DLT said. DLT also announced that the temporary disability insurance(TDI) taxable wage base will be $40,600, an increase of $2,000 over this year's wage base. The employee contribution rate will be 1.4 percent for TDI, compared with the current 1.3 percent, DLT reported.