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Juvenile health, safety and wellness product maker Summer Infant Inc. has secured an $80 million asset-based revolving credit facility with Bank of America Corp.
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By PBN Staff
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Manufacturing in the U.S. expanded at a faster pace than forecast in February, reaching the highest level since June 2011 as factories boosted production to meet greater demand.
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By Alex Kowalski |
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Orders to U.S. factories fell in January by the most in five months, weighed down by a slump in demand for military hardware and commercial aircraft.
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By Alex Kowalski |
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Toy and game-maker Hasbro Inc. earned the title as one of The Ethisphere Institute’s “World’s Most Ethical Companies” for the second consecutive year, Hasbro announced Wednesday.
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By PBN Staff
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Juvenile health, safety and wellness product maker Summer Infant Inc. posted a net loss of $65.6 million, or $3.68 per diluted share, in 2012, compared with a profit of $3.8 million, or 21 cents per diluted share, in 2011.
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By PBN Staff
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Edward J. Cooney, senior vice president and treasurer of Nortek Inc., has died, the company announced Thursday. Cooney,65, had joined Nortek as vice president and treasurer in 2001 and was appointed senior vice president in 2011.
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By PBN Staff
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Exports from the Ocean State increased 19.3 percent in January to $227.9 million on a month-to-month, seasonally adjusted basis after dropping 0.5 percent in December, according to an international trade statistics report from e-forecasting.com.
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By PBN Staff
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Providence-based GreenBytes Inc. has named Chris Maher as chief operating officer to lead “ongoing market expansion,” the computer hardware and software pioneer announced Thursday.
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By Alex Kowalski |
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Tiffany & Co., the world’s second-largest luxury jewelry retailer, reported fourth-quarter profit that topped analysts’ estimates amid demand in Asia.
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By Cotten Timberlake |
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Orders placed with U.S. factories increased in February, boosted by a pickup in demand for motor vehicles and commercial aircraft.
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By Shobhana Chandra |