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Toray Plastics invests $15M in facility expansion
Toray Plastics (America) Inc. has invested roughly $15 million to expand its North Kingstown facility and install new coating equipment in order to meet the customer demand for “value-added films with advanced specialty layers,” said a company release. more
| 4/24/13
A.T. Cross profits rise 6.6% in 1Q
A.T. Cross Co. saw its bottom line rise 6.6 percent to $1.6 million, or 13 cents per diluted share, from the first quarter of 2012 to the first quarter of 2013, the personal- and business-accessories maker announced after the market closed on Thursday. more
| 4/26/13
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
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
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
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
Blount to spend $250K on fine, clean up over clean air violations
After claims that its Warren shipbuilding and ship repair facility had violated the federal Clean Air Act National Emissions Standards for Hazardous Air Pollutants for Shipbuilding and Ship Repair Facilities, Blount Boats Inc. has agreed to pay a $24,000 penalty and spend at least $230,000 on a clean air project. more
Passenger trains bump along with fixes exceeding U.S. funds
U.S. investigators looking into the May 17 Connecticut commuter-rail crash haven’t yet found a clear cause. The fact a broken rail became the most immediate suspect speaks to years of deferred maintenance that have left trouble spots throughout a Washington-Boston network that carries more than 700,000 people a day and dates to the 1800s. more
Manufacturing project to unveil findings, database at Bryant summit
Using data mined from more than a thousand manufacturers from across the state, leaders of the Rhode Island Manufacturing Renaissance Project will unveil its findings on Wednesday, along with the state’s first comprehensive database of manufacturers in the state. more
| 5/21/13
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