Manufacturing
223 results total, viewing 161 - 170
With the onset of spring, New England businesses are relying on improved consumer confidence and higher sales to drive economic recovery after a difficult first quarter affected by severe winter weather, according to the Federal Reserve Board’s Beige Book released Wednesday. more
Retail sales increased in March by the most since September 2012 as Americans bought more cars, clothing and garden supplies, helping the economy recover from a weather-depressed start to the year. more
U.S. Sens. Jack Reed and Sheldon Whitehouse and U.S. Rep. James R. Langevin on Monday announced a new $800,000 federal grant for infrastructure upgrades at the Port of Davisville designed to increase Rhode Island’s port capacity and improve cargo shipment flexibility for companies headquartered in Quonset Business Park. more
It’s a strange and wonderful time at Electric Boat. While most of the American defense sector contracts under federal budget cuts, the Groton, Conn.-based submarine builder is starting its largest expansion in a generation. At the company’s North Kingstown plant, Electric Boat is scaling up from 2,500 workers to potentially twice that number over the next eight years to develop the nation’s next ballistic-missile submarine. After years of cutbacks at Electric Boat, President Kevin J. Poitras is drawing on his 40 years of experience, which included the submarine arms race against the Soviet Union, to manage this new growth period. more
Sensata Technologies Holding N.V. reported a bottom line of $34.7 million, or 19 cents per diluted share, for the first quarter of 2013, a 10.9 percent decline from the $38.9 million, or 21 cents per diluted share, reported during the first quarter of 2012. more
When Peter VanLancker, president of Hunt Yachts, joined the company two years after its inception, in 2000, he saw a solid business idea but a fledging execution for a boat-building business. more
NEWPORT – The International Yacht Restoration School has expanded its scholarship opportunities for students applying to the school’s three full-time programs. more
Elected officials and others representing the region’s defense industry recently crowded around the cockpit of Lockheed Martin’s F-35 Lightning II, waiting their turns to hop in the pilot’s seat, taxi the fighter jet down the runway and launch into the skies on a government mission – all without leaving the confines of the R.I. Department of Administration building, that is. more
Though diminished in size, manufacturing still exhibits a strong presence in the regional economy and in the job-growth policies of political leaders. more
Toray Plastics (America) Inc. on May 2 unveiled new $15 million coating equipment at a ribbon-cutting at its North Kingstown campus. The technology will allow the company to better meet global customer demand for industrial and packaging films made with advanced specialty layers. The investment is part of a technology-integration plan the company, which employs more than 600, expects will create 20 jobs. From left: Gov. Lincoln D. Chafee; Rick Schloesser, president and CEO of Toray Plastics (America); Senate President M.Teresa Paiva Weed and House Speaker Gordon D. Fox. more
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