Manufacturing
299 results total, viewing 181 - 190
BOSTON – Gov. Deval L. Patrick announced more than $1.4 million in federal funding intended to help manufacturers and other companies impacted by sequestration and defense-budget cuts to diversify their markets. more
One of the priorities that University of Rhode Island President David M. Dooley articulated the moment he arrived in the Ocean State in 2009 was the need for the state’s land-grant university to become more involved in its economic health. more
A $17.8 billion submarine contract, the biggest weapons deal announced by the U.S. military in more than a dozen years, kept Pentagon awards from sinking last month. more
American workers were less productive in the first quarter as harsh winter weather prevented some from getting to their jobs, causing the economy to stall. more
Bell Helicopter, a subsidiary of Providence-based manufacturer Textron Inc., will lay off 325 workers due to the continued decline in defense contracts, the Fort Worth Star-Telegram reported Monday. more
The biggest gain in U.S. exports in nine months helped narrow the trade deficit in March, pointing to a revival of global demand that will help the world’s largest economy strengthen. more
Nortek Inc., maker of home and office security solutions, ventilation and air management products, and heating and cooling systems, posted a first-quarter net loss of $8.6 million, or 55 cents per diluted share, a reduction from the loss of $15.1 million, or 98 cent per diluted share, reported for the same period last year. more
A U.S. nuclear submarine’s port call in Singapore last week allowed the Navy to showcase its ability to operate in shallow coastal waters after questions about the fitness of its Littoral Combat Ship for use in Asia. more
Textron Inc. – parent company of Bell Helicopter, Cessna Aircraft Co. and Textron Systems – reported that its net income dropped 28.6 percent in the first quarter to $85 million, or 30 cents per diluted share, due in part to restructuring costs incurred by the manufacturer’s acquisition in March of Beech Holdings LLC. more
Nortek Inc. announced Wednesday that it has completed its acquisition of the heating, ventilation and air conditioning business of Thomas & Betts Corp., a wholly owned subsidiary of international power and automation manufacturer ABB Ltd. more
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