Manufacturing
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ATW expanding R.I. operations
ATW Companies has added 30 jobs to its Rhode Island manufacturing operation in the last two years and plans to hire an additional 70 workers by 2015, the firm announced Thursday. more
| 6/13/13
Richline Group to acquire Honora brand
Richline Group Inc., a subsidiary of Berkshire Hathaway Inc., announced an agreement in principle to acquire the Honora brand, the largest importer of freshwater cultured pearls in the United States. more
Cadence breaks ground on Cranston expansion
Medical device manufacturer Cadence Inc. broke ground Wednesday on a 34,000-square-foot expansion of its Cranston facility. more
| 5/29/13
Orders for U.S. durable goods increase more than forecast
Orders for U.S. durable goods increased more than forecast in April, pointing to gains in business investment that will help manufacturing rebound in the second half of the year. more
Exports from R.I. fall 5.1% in March
Exports from the Ocean State fell 5.1 percent in March to $183.1 million on a month-to-month, seasonally adjusted basis after falling 15.3 percent in February, according to an international trade statistics report from e-forecasting.com. more
| 5/23/13
Astro-Med posts loss in 1Q on replacement charges
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted a net loss of $449,000, or 6 cents per diluted share, during the first quarter of its 2014 fiscal year. more
| 5/22/13
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
Jewelry designer, tennis online booking service, 3D printing marketplace win Business Plan
The 2013 edition of the Rhode Island Business Plan Competition announced its winners Tuesday afternoon at The Garage, the Greater Providence Chamber of Commerce’s exposition dedicated to identifying and inspiring high-growth companies in the Ocean State. more
| 5/14/13
Summer Infant sees 1Q profit drop, looking for 2013 recovery
Juvenile health, safety and wellness product maker Summer Infant Inc. posted decreases in first-quarter net revenue, net income and gross margins as it worked to phase out products and licensing agreements, and endured an increase in interest expense, according to quarterly results released Wednesday. 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
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