Chafee announces five int’l companies coming to R.I.

GOV. LINCOLN D. Chafee, along with Gov.-elect Gina M. Raimondo and members of the R.I. congressional delegation, announced that five international companies are looking to establish a presence in the Ocean State. / PBN FILE PHOTO/TRACY JENKINS
GOV. LINCOLN D. Chafee, along with Gov.-elect Gina M. Raimondo and members of the R.I. congressional delegation, announced that five international companies are looking to establish a presence in the Ocean State. / PBN FILE PHOTO/TRACY JENKINS

(This updates a story posted this morning)
PROVIDENCE – Gov. Lincoln D. Chafee, along with Gov.-elect Gina M. Raimondo and members of the R.I. congressional delegation, announced that five international companies are looking to establish a presence in the Ocean State: three from Italy, one from Ireland and one from England.
This announcement is the result of relationships Chafee built with international partners in Europe during the governor’s trade mission to Italy and Ireland this past April.
Euranet, out of Milan, is a global supply chain specialist for compliance, quality and security, with clients including Gucci and Ferrari. After a visit to Rhode Island in September, the company plans to set up an office here.
Venice-based Galivm is an Italian restaurant franchise with four restaurants. Locations also are opening across Europe, and the company intends to set up its first North American restaurant in Rhode Island. Chafee dined at Galivm during his trade mission to Italy.
Reios is a design consulting firm for efficient lighting systems in Novara, Italy. The company has installed LED street lights in dozens of European cities and airports, and plans to set up an LED manufacturing facility in Rhode Island with manufacturing and sales jobs.
Headquartered in County Mayo, Ireland, Monaghan Brothers is a furniture maker specializing in hospitality, corporate and university markets. Monaghan aims to set up a showroom and marketing office with a small team of salespeople, eventually re-creating its Irish production facility, in Rhode Island. Chafee visited Monaghan while in Ireland.
Score, of Cambridge, England, is an encryption technology company that secures transmission of data, making it impenetrable to hackers, while accelerating download speeds for all networks and systems. Score, which is launching an Apple app this month, has been working with the U.S. Department of Defense this past year in a national lab. A Rhode Island office would be staffed with salespeople, programmers and executives.

“I am pleased that my proactive efforts beyond our borders have resulted in economic opportunities for Rhode Islanders,” Chafee said in a statement. “I learned during the trade mission to Europe that companies are eager to expand their operations to our state. We need to continue our work to strengthen our role in global economic discussions and entice businesses from around the world to set up shop in our cities and towns.”

U.S. Sens. Jack Reed and Sheldon Whitehouse, U.S. Reps. James R. Langevin and David N. Cicilline, as well as Donald Sweitzer, chairman of GTECH Corp., who accompanied Chafee on the trade mission, attended the announcement, which was held at the Statehouse. Representatives from the international companies also were on hand.

Said Reed, “This is another positive sign for the state’s economy and a reminder that we must continue to make smart investments in job training for our workforce and infrastructure upgrades like T.F. Green Airport and Quonset Point. I will continue working at the federal level to help local companies grow and attract foreign investment to Rhode Island.”

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