Updated February 28 at 10:26am
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Rhode Island’s state debt per capita of $8,769 for fiscal year 2012 ranks third-highest in the United States, according to the Tax Foundation’s 2014 “Facts and Figures” report released Wednesday. The annual report compiles tax and collections data for each of the 50 U.S. states and the District of Columbia, and ranks each state on 39 different measures of tax and fiscal policy. more
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted full-year fiscal 2014 net income of $3.2 million, or 42 cents per diluted share, a decline of 70.2 percent compared with fiscal 2013 reported net income of $10.8 million, or $1.44 per diluted share. more
At an award ceremony held Tuesday, North Smithfield Town Administrator Paulette Hamilton accepted $7,500 and three commemorative street signs on behalf of the town as Rhode Island’s first municipality to complete the Rhode Island Energy Challenge, a community campaign jointly managed by National Grid and the nonprofit SmartPower to promote household energy efficiency. more
Software and application design agency MojoTech last week announced several new hires, including the addition of Jack Parker to the company’s development team. more
For their March meetup, the Providence Geeks will host G-Form LLC, a company that sells protective gear for athletes and electronic devices using a reactive and flexible technology to guard against impact damage. more
The founder of Capability Accelerators speaks about how companies can engage in more successful collaboration. more
Medical robotics company Medrobotics Corp. announced the appointment on March 17 of Russell M. Singleton as the company’s senior vice president of research and development. more
The second annual SkillsUSA Rhode Island student bioscience competition on March 8 drew 36 students from Coventry High School, Warwick Veterans Memorial High School, Davies Career and Technical High School, and the Woonsocket Career and Technical Center. more
The R.I. Department of Revenue has collected $2.06 billion in general revenue during the fiscal year through February, including $172 million in last month alone, the agency reported Tuesday. The monthly report was released the same day as a Tax Foundation study ranking U.S. states according to their state and local sales tax rates was released. more
Manufacturing is making a comeback throughout the region, with Rhode Island in 2013 posting its first year-over-year increase in employment in the industry in 13 years, according to a report released March 17 by the Rhode Island Manufacturers Register. more
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