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Gilbane predicts construction downturn in 2013
In its annual construction-industry economic report, Gilbane Building Co.predicted a downturn in construction spending in early 2013. more
| 10/4/12
EB lands $100M contract modification from Navy for submarine work
General Dynamics Electric Boat landed a $100.4 million contract modification from the U.S. Navy to provide lead-yard services for Virginia-class nuclear-powered attack submarines. more
| 10/3/12
Cooley Group wins Great Innovation Award
Cooley Group was named the winner of the Great Innovation Award at the inaugural 2012 EcoPrint Europe event for its EnviroFlex PE material. more
| 10/3/12
Orders to U.S. factories plunge on airplanes, computers
Orders placed with U.S. factories fell in August by the most in more than three years, signaling that slowdowns in business investment and exports restrained the economic expansion. more
Construction jobs on the rise in Providence metro
Construction employment rose in 130 out of 337 metro areas, including the Providence-Fall River-Warwick area, dropped in 164 out of 337 metro areas, including New Bedford metro area, and stayed stagnant in 43 metro areas from August 2011 and August 2012. more
| 10/5/12
GM’s Lutz joins NanoSteel board of directors
Auto industry veteran and former executive for General Motors Corp., Robert A. “Bob” Lutz, has been appointed to the board of directors of The NanoSteel Co., the company announced Wednesday. more
Economy in U.S. expands at 2% annual rate, more than forecast
The economy in the U.S. expanded more than forecast in the third quarter, paced by a pickup in consumer spending, a rebound in government outlays and gains in residential construction. more
R.I. gas prices stagnate, Mass. prices rise 4 cents
Gas prices in Rhode Island held steady at $3.97 this week after rising 1 cent last week, according to AAA Southern New England. more
| 10/9/12
Griffin tapped as Neptune-Benson president
Aquatic filtration systems-maker Neptune-Benson LLC has appointed Michael Griffin as its new president. more
| 10/12/12
Taco expands, acquires Hydroflo Pumps
HVAC equipment and systems maker Taco Inc. has announced its purchase of Fairview, Tenn.-based Hydroflo Pumps, John Hazen White, Jr., owner of Taco, and Brian Daschner, CEO of Hydroflo announced Thursday. more
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