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Astro-Med posts loss in 1Q on replacement charges
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted a net loss of $449,000, or 6 cents per diluted share, during the first quarter of its 2014 fiscal year. more
| 5/22/13
Memorial Day travel to drop slightly, says AAA
AAA Southern New England projects a 0.9 percent decrease in Memorial Day travel. The trade group estimates that 34.8 million U.S. residents will travel 50 miles or more from their home during the Memorial Day holiday period between Thursday, May 23, and Monday, May 27. more
| 5/22/13
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. more
| 5/21/13
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. more
| 5/21/13
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. more
| 5/20/13
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. more
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. more
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. more
| 5/10/13
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. more
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. more
| 5/9/13
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