Manufacturing
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Fundraising expands IYRS scholarships
NEWPORT – The International Yacht Restoration School has expanded its scholarship opportunities for students applying to the school’s three full-time programs. more
5/13/13
Blount to spend $250K on fine, clean up over clean air violations
After claims that its Warren shipbuilding and ship repair facility had violated the federal Clean Air Act National Emissions Standards for Hazardous Air Pollutants for Shipbuilding and Ship Repair Facilities, Blount Boats Inc. has agreed to pay a $24,000 penalty and spend at least $230,000 on a clean air project. more
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
F-35 program to benefit R.I. economy, say Lockheed officials
Officials from Lockheed Martin, the manufacturer of the F-35 Lightning II, stopped by the R.I. Department of Administration Thursday afternoon to discuss the need for the fifth-generation fighter aircraft and how its manufacture will benefit Rhode Island’s economy. more
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
Kopin acquires majority stake in e-MDT America
Wearable-technology-maker Kopin Corp. has acquired a majority stake e-MDT America, an expert in low-power analog/digital circuit designs, Kopin announced Monday. more
| 5/6/13
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
Handy & Harman subsidiary acquires Wolverine Joining Technologies
White Plains, N.Y.-based Handy & Harman Ltd.’s subsidiary Lucas-Milhaupt Inc. has acquired the assets of Wolverine Joining Technologies, the companies announced Monday. more
| 4/29/13
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

A.T. Cross profits rise 6.6% in 1Q
A.T. Cross Co. saw its bottom line rise 6.6 percent to $1.6 million, or 13 cents per diluted share, from the first quarter of 2012 to the first quarter of 2013, the personal- and business-accessories maker announced after the market closed on Thursday. more
| 4/26/13
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