Capital Goods
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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-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
White Plains, N.Y.-based Handy & Harman Ltd.’s subsidiary Lucas-Milhaupt Inc. has acquired the assets of Wolverine Joining Technologies, the companies announced Monday. more
Gasoline prices in the Ocean State fell 2 cents this week in the eighth consecutive week of price declines, AAA Southern New England reported Monday. more
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
Passenger traffic at T.F. Green Airport rose 4.6 percent in March compared with March 2012 to 335,578, according to numbers released Thursday by the R.I. Airport Corporation. more
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
Sales of new U.S. homes advanced in March as near record-low mortgage rates helped the industry complete the strongest quarter since 2008, putting the economy on firmer footing. more
The U.S. Navy has awarded a $20 million contract modification to General Dynamics Electric Boat for nuclear-maintenance work for submarines. more
Sensata Technologies Holding N.V. reported a bottom line of $34.7 million, or 19 cents per diluted share, for the first quarter of 2013, a 10.9 percent decline from the $38.9 million, or 21 cents per diluted share, reported during the first quarter of 2012. more
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