Manufacturing
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Nortek loss grows in 1Q on administrative expenses
Nortek Inc., the maker of residential and commercial building products, posted a net loss of $15.1 million, or 98 cents per diluted share, during the first quarter of 2013. more
| 5/10/13
Kopin Corp. moves into black in 1Q on strength of sold business
Wearable-technology-maker Kopin Corp. posted a $21.6 million profit during the first quarter of 2013, mostly due to $20.2 million in income from its divested III-V operations as well as an income tax benefit of $13 million, the company announced after close of business Wednesday. more
| 5/9/13
Manufacturing cools along with private payrolls
Manufacturing expanded in April at the slowest pace this year and companies took on the fewest workers in seven months, adding to evidence of a slowdown in the world’s largest economy. more
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
R.I. industrial employment drops 2.2 percent in 2012
EVANSTON, Ill. – Industrial employment in Rhode Island declined 2.2 percent over the past year according to the 2013 Rhode Island Manufacturers Register, an industrial directory published annually by Manufacturers’ News Inc. more
3/18/13
Downturn hasn’t run Hunt aground
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

By Rebecca Keister
PBN Staff Writer | 4/29/13

William J. Murray
William J. Murray has been appointed president at Teknor Apex Co. more
2/18/13
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
R.I. has stake in F-35 Lightning program
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

By Lindsay Lorenz
PBN Researcher | 5/20/13

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
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