Manufacturing
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Industrial production in U.S. decreases 0.4% on Sandy effect
Industrial production in the U.S. unexpectedly declined in October as superstorm Sandy knocked out power in the Northeast. more
Summer Infant profits plummet in 3Q
Juvenile health, safety and wellness product maker Summer Infant Inc. posted a net loss of $65.4 million, or $3.65 per diluted share, for the three months ended Sept. 30, compared with a $2.1 million, or 11 cents per diluted share, gain during the same period in 2011. more
| 11/14/12
Covidien earnings rise to $1.9B in 2012
Medical technology maker Covidien PLC reported fourth-quarter earnings of $461 million, or 95 cents per diluted share, a rise of 2.2 percent from the $451 million, or 92 cents per diluted share reported during the same period in 2011. more
| 11/12/12
Firm keeping jewelry legacy alive
For years, electroplating and jewelry manufacturing were the bread and butter of Providence’s industrial base. Along with textiles, they were the main source of employment for many Rhode Island families. more

By Michael Souza
PBN Staff Writer | 11/12/12

Nortek stays in the black in 3Q
Nortek Inc. reported net income of $4.7 million, or 30 cents per diluted share, during the third quarter of 2012, compared with a net loss of $2.1 million, or 14 cents per diluted share a year earlier, the company announced late Thursday. more
| 11/9/12
GTECH revenue rises 15% in 3Q
Lottomatica Group S.p.A. reported a 15.4 percent increase in revenue during the third quarter for its Providence-based subsidiary GTECH Corp. more
| 11/7/12
Coast to Coast Fulfillment expands in R.I.
Coast to Coast Fulfillment Inc., a leading product fulfillment house in the Northeast, will double the size of its warehousing and order-processing center in West Greenwich. more
| 11/7/12
ISM index of U.S. manufacturing increased to 51.7 in October
Manufacturing in the U.S. expanded in October at a faster pace than projected as orders and production picked up, showing the industry is stabilizing. more
Textron taps Lord as president, CEO of Textron Systems
Textron Inc. has named Ellen Lord as president and CEO of its Wilmington, Mass.-based Textron Systems segment, the company announced Monday. more
| 10/29/12
A.T. Cross profits rise 4.8% in 3Q
A.T. Cross Co. saw profit increase 4.8 percent to $2.04 million, or 16 cents per diluted share, in the third quarter of 2012, compared with $1.9 million, or 16 cents per diluted share, in the third quarter of 2011, the personal- and business-accessories maker said late Wednesday. more
| 10/25/12
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