Capital Goods
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Manufacturing grew in October at a faster pace than forecast, showing U.S. factories were a source of strength for the economy at the start of the fourth quarter. more
The U.S. will sell Israel six V-22 Osprey tilt-rotor aircraft made by Boeing Co. and Textron Inc., Defense Secretary Chuck Hagel said. more
Gasoline prices rose 2 cents in Rhode Island, ending five consecutive weeks of declines, while prices in Massachusetts held steady, according to the weekly survey by AAA Southern New England. more
Supfina Machine Co. Inc., a privately held machine-tool manufacturer that operates as an independent subsidiary of Germany’s Supfina Grieshaber GmbH & Co., recently broke ground on a 21,192-square-foot, $2.6 million expansion to its facility at Quonset Business Park. more
Precious metals recycler Gannon & Scott has completed an $8 million expansion of its factory on Sharp Drive, the company said Thursday. more
General Dynamics Electric Boat has signed a new 25-year lease agreement with the Quonset Development Corporation to extend and expand its footprint at Quonset Business Park, Gov. Lincoln D. Chafee announced Wednesday. more
Gov. Lincoln D. Chafee and the Quonset Development Corporation announced Tuesday that international food manufacturer Greencore USA has entered a new 50-year lease at Quonset Business Park and will employ as many as 393 people at the facility it plans to build there. more
Hasbro Inc. has announced a partnership with Rock Hill, S.C.-based 3D Systems Inc. to develop 3-D printing platforms geared toward children. more
Gasoline prices dropped in Rhode Island and Massachusetts for the fourth consecutive week, but remained higher than the national average, according to the weekly survey by AAA Southern New England. more
The Scorpion tactical jet, developed by Textron AirLand LLC, completed its first flight Thursday at McConnell Air Force Base, less than 24 months after the initial design phase began to develop the aircraft. more
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