Updated May 28 at 11:27pm
Manufacturing
208 results total, viewing 11 - 20
Nortek Inc. posted net income of $2.6 million in the first quarter of 2016, an improvement on the $13.9 million loss in the same 2015 period. At the same time, the air management, and residential and commercial technology manufacturer said Friday that net sales for the three months ended April 2 increased 7.2 percent to $613.9 million. more
Honeywell International Inc. plans to spin off its $1.3 billion resins-and-chemicals business by early next year, enabling the company to concentrate on faster-growing products. more
Approximately $750,000 in industry cluster grants to encourage innovation were awarded to seven organizations Monday night by Gov. Gina M. Raimondo and the R.I. Commerce Corp.’s board of directors. more
The R.I. Commerce Corp. agreed to award $1.9 million in state incentives to the A.T. Cross Co. on Monday to keep one of Rhode Island’s oldest companies in the Ocean State and subsidize its planned relocation and expansion to Providence. more
Aspen Aerogels Inc. cut its first-quarter loss by $1 million to $1.8 million, or 8 cents per diluted share. more
(Updated 10:22 a.m.) A.T. Cross Co. could qualify for up to $1.9 million in state incentives through a move to The Foundry complex in Providence and an expansion of its workforce. more
Summer Infant Inc. saw its loss increase 37.6 percent in the first quarter to $333,000, or 2 cents per diluted share, from a loss of $242,000, or 1 cent per diluted share, in the first quarter of 2015. more
Blount Fine Foods said this week that it is seeking to fill 25 positions on the factory floor and in business operations at its new plant in McKinney, Texas. more
In 2015, a year consumed by a company lawsuit, Robert Stebenne, the new president, CEO and chief operating officer of Summer Infant Inc., made $686,945. more
Manufacturing expanded at a slower pace than forecast in April as factories continued to grapple with lax global demand and fallout from a weakened U.S. energy industry. more
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