(Updated 10:18 a.m. and 2:05 p.m.)
A six-month research effort on Rhode Island’s economy delved into the Ocean State’s past as an industrial leader, its struggles during the Great Recession and its need to innovate to move forward again.
For the first time since before the Great Recession, Rhode Island developers are discussing the possibility of new industrial construction, according to the Federal Reserve’s latest Beige Book report based on reports from late November to early January.
Middle-market private equity firm Nautic Partners LLC said it has completed fundraising for its eighth fund, closing on $900 million after raising its cap due to strong demand from new and existing investors.
(Updated 10 a.m.)
Greystone of Lincoln Inc. will receive $460,000 in state tax credits over the next 10 years for creating new jobs that meet the requirements of the state’s Qualified Jobs Incentive Tax.