Manufacturing
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The 2013 edition of the Rhode Island Business Plan Competition announced its winners Tuesday afternoon at The Garage, the Greater Providence Chamber of Commerce’s exposition dedicated to identifying and inspiring high-growth companies in the Ocean State. more
Add Carolyn Rafaelian, president of Alex and Ani Inc. and new winery owner, to the list of businesspeople taking aim at Rhode Island’s strict and often arcane liquor laws. more
Luxury boat builder Hunt Yachts Inc. has been purchased by New York-based Scout Partners Inc., which bought another Portsmouth-based yacht manufacturer, The Hinckley Company, in 2010. more
Since the financial crisis, a Narragansett Bay-sized cloud of self-doubt or “irrational negativity,” as Gov. Lincoln D. Chafee described it, has been among the factors blamed for Rhode Island’s inability to regain its financial footing. more
Even if demand for yachts never returns to where it was before the recession, manufacturers and craftsmen will still be making boats in Rhode Island. more
Jewelry designer Alex and Ani LLC will be the official title sponsor of the Patriots Cheerleaders for the next three years, Patriots owners and Alex and Ani CEO Giovanni Feroce announced Friday. more
Hasbro Inc. will pay $72.9 million in royalties to Johnson Research & Development Co., the licensor of the toymaker’s line of Nerf guns, after an arbitration hearing over the terms of a license agreement between the two companies. more
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
Hasbro Inc. and Electronic Arts Inc. have entered into a four year agreement under which the digital entertainment company will develop mobile platforms for various Hasbro games. more
Alex and Ani LLC CEO Giovanni Feroce has left the company, according to a release issued Thursday afternoon, leaving founder and creative director Carolyn Rafaelian to assume the role of interim CEO while the board of directors conducts a search for a replacement. more
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