Capital Goods
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Nortek loss grows in 1Q on administrative expenses
Nortek Inc., the maker of residential and commercial building products, posted a net loss of $15.1 million, or 98 cents per diluted share, during the first quarter of 2013. more
| 5/10/13
F-35 program to benefit R.I. economy, say Lockheed officials
Officials from Lockheed Martin, the manufacturer of the F-35 Lightning II, stopped by the R.I. Department of Administration Thursday afternoon to discuss the need for the fifth-generation fighter aircraft and how its manufacture will benefit Rhode Island’s economy. more
Kopin Corp. moves into black in 1Q on strength of sold business
Wearable-technology-maker Kopin Corp. posted a $21.6 million profit during the first quarter of 2013, mostly due to $20.2 million in income from its divested III-V operations as well as an income tax benefit of $13 million, the company announced after close of business Wednesday. more
| 5/9/13
War College Museum earns spot on ‘Most Amazing University Museums’ list
The U.S. Naval War College Museum in Newport was one of six university museums in the United States to make college ranking website Best Colleges Online’s list of the “30 Most Amazing University Museums,” the publication said Wednesday. more
| 5/8/13
Kopin acquires majority stake in e-MDT America
Wearable-technology-maker Kopin Corp. has acquired a majority stake e-MDT America, an expert in low-power analog/digital circuit designs, Kopin announced Monday. more
| 5/6/13
Gas prices fall 1 cent in R.I., hold steady in Mass.
Gasoline prices in the Ocean State fell 1 cent this week in the ninth consecutive week of price declines, AAA Southern New England reported Monday. more
| 5/6/13
Hope Valley Industries lands commendation from GM
Hope Valley Industries, a North Kingstown supplier of automotive floor mats, has been recognized as a 2012 Supplier of the Year by General Motors. more
KVH profits move into black in 1Q
The bottom line of KVH Industries Inc. moved into the black during the first quarter of 2013 after a $1.38 million loss during the first quarter of 2012, the company reported Friday. more
| 5/3/13
Manufacturing cools along with private payrolls
Manufacturing expanded in April at the slowest pace this year and companies took on the fewest workers in seven months, adding to evidence of a slowdown in the world’s largest economy. more
Portsmouth boatyard to reduce emissions, pay penalty in EPA settlement
Portsmouth-based boatyard, New England Boatworks Inc. will pay a $31,500 penalty and take steps to reduce air emissions at its facility under a settlement with the U.S. Environmental Protection Agency, the EPA announced Wednesday. more
| 5/1/13
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