Chrysler Group LLC reported its best August for U.S. vehicle deliveries in 12 years, while Ford Motor Co., Toyota Motor Corp. and Nissan Motor Co. also posted results that surpassed analysts’ projections.
By Mark Clothier, Keith Naughton and Alan Ohnsman Bloomberg News
Several cycles of Pentagon budget cuts and plans for a smaller U.S. military haven’t dimmed the optimism of the southern New England defense sector. Largely thanks to submarine giant General Dynamics Electric Boat, the industry has remained stable over the last several years and could even see growth ahead. But military contractors and the numerous companies linked to their supply chain are not relying solely on the political clout of the local congressional delegation to keep contracts comings. more
Michael McKelvy joined the Gilbane Building Co. in Providence in June as president and chief operating officer, after spending 26 years in various leadership roles at CH2M HILL, which is based in Englewood, Colo. He discusses work Gilbane will soon begin on the South Street Landing project in Providence, planned improvements to its headquarters in the city and the company’s plans for growth.more
The Providence-Fall River-Warwick metro area added 500 construction jobs in July when compared with July 2013, a 2.3 percent gain for a total of 22,400, according to non-seasonally adjusted figures published by the Associated General Contractors of America Wednesday.
General Dynamics Electric Boat is in a hiring surge to meet the requirements of U.S. Navy contracts and has already added more than 720 new employees at its Quonset Point facility since the beginning of the year, according to Jason Vlaun, the company’s human resources manager.
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