Manufacturing
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Covidien’s profits drop slightly in 1Q as sales rise 5%
Medical technology maker Covidien PLC reported first-quarter earnings of $493 million, or $1.03 per diluted share, a slight decrease from the $494 million, or $1.02 per diluted share, reported for the first-quarter of its fiscal 2012. more
| 1/25/13
Textron reports profits, growth in 4Q, fiscal year
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems – posted net income of $148 million, or 51 cents per share, in the fourth quarter of 2012, reversing the $19 million, or 7 cents per share, loss for the same 2011 period. more
| 1/23/13
ATW relocates Metalform line to R.I.
ATW Companies, a provider of highly engineered metal manufacturing solutions, has relocated its Metalform product line manufacturing operations to ATW’s Rhode Island facility. more
| 1/15/13
3D rapid prototyping changing manufacturing
“Faster. Better. Cheaper.” more
1/14/13
Speidel hoping to turn clock back
The heyday of 109-year-old watch-and-watchband-brand Speidel was the skinny-tie era of the 1950s and 1960s, when the company employed hundreds in its Providence Jewelry District plant. more

By Patrick Anderson
PBN Staff Writer | 1/14/13

MBTA may halt $190M commuter rail car order
Chronic delays and concerns over poor workmanship have prompted Massachusetts Bay Transportation Authority official to threaten cancelation of the $190 million double-decker rail car construction contract with Hyundai Rotem, the Boston Globe reported. more
| 1/11/13
Kopin sells assets to IQE Plc. for $75M
(Updated, 1:15 p.m.) The Kopin Corp. has announced an agreement to sell assets relating to its III-V heterojunction bipolar transistors to IQE PLC, a leading U.K. designer and supplier of advanced semiconductor wafers, for $75 million. more
| 1/10/13
Natus to acquire Grass Tech group from Astro-Med for $18.6M
San Carlos, Calif.-based Natus Medical Inc. has entered into a definitive agreement to acquire the Grass Technologies product group from technology manufacturer Astro-Med Inc. for $18.6 million, the companies announced Monday. more
| 1/7/13
Manufacturing in U.S. expands after reaching 3-year low
Manufacturing in the U.S. expanded in December at a pace that shows the industry is stabilizing after reaching a three-year low a month earlier. more
Cost, regulation cloud the future for wind energy
Three wind turbines standing 365 feet tall at the Narragansett Bay Commission’s Field Point Wastewater Treatment Plant in Providence are visible reminders of the promise of wind energy and the state’s efforts to be a national leader in the industry. more

By Rhonda Miller
PBN Staff Writer | 12/31/12

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