Capital Goods

Manufacturing
May 21

Manufacturing project to unveil findings, database at Bryant summit

Using data mined from more than a thousand manufacturers from across the state, leaders of the Rhode Island Manufacturing Renaissance Project will unveil its findings on Wednesday, along with the state’s first comprehensive database of manufacturers in the state.
Innovation
May 21

Building Futures wins Workforce Board’s innovation award

Building Futures, a program of The Providence Plan, was named the 2013 winner of the Governor’s Workforce Board’s Innovation Award.
Transportation
May 20

Pump prices continue to rise in R.I., Mass.

Both Rhode Island and Massachusetts drivers saw gasoline prices rise this week, the second consecutive week of increases after a nine-week decline, AAA Southern New England reported Monday.
Manufacturing
May 13

Summer Infant sees 1Q profit drop, looking for 2013 recovery

Juvenile health, safety and wellness product maker Summer Infant Inc. posted decreases in first-quarter net revenue, net income and gross margins as it worked to phase out products and licensing agreements, and endured an increase in interest expense, according to quarterly results released Wednesday.
Regulation
May 10

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.
Manufacturing
May 10

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.
Defense Industry
May 9

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.

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Celebrate RI's many exceptional women at PBN's Business Women Awards luncheon May 30th at the Providence Marriott. Reserve your seat today!
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