Capital Goods

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.

Manufacturing
May 9

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.
Tourism
May 8

War College Museum earns spot on ‘Most Amazing University Museums’ list

The U.S. Naval War College Museum in Newport was one of six university museums in the United States to make college ranking website Best Colleges Online’s list of the “30 Most Amazing University Museums,” the publication said Wednesday.
Calendar
PBN Hosted
Events

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