Capital Goods
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Manufacturing unexpectedly accelerated in November at the fastest pace in more than two years, pointing to a pickup in business spending that will help propel the U.S. economy in early 2014. more
Gregory A. Woods, president and chief operating officer of Astro-Med Inc., will replace Everett V. Pizzuti as CEO following Pizzuti’s retirement next month, the maker of specialty printers and data-acquisition systems announced Monday. more
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted net income of $1.1 million, or 14 cents per diluted share, for its fiscal third quarter, a decline of 15.2 percent compared with last year’s third-quarter net income of $1.3 million, or 18 cents per diluted share. more
Passenger traffic at T.F. Green Airport rose 10.8 percent in October compared with the same period last year, up to 334,587 total passengers from 301,463 passengers in October 2012, according to numbers released by the R.I. Airport Corporation Monday. more
Approximately 43.4 million Americans will travel from home during the Thanksgiving holiday weekend, a 1.5 percent decline compared with last year’s Thanksgiving, AAA Southern New England reported last week. more
Gasoline prices rose 3 cents in Rhode Island and 7 cents in Massachusetts this week, marking the second consecutive week of unchanged or rising prices in both states, according to the weekly survey by AAA Southern New England. more
Construction employment in Rhode Island rose 5.3 percent in October compared with the same period last year, adding 800 jobs for a total of 16,000 jobs, the Associated General Contractors of America reported Friday. more
WASHINGTON – A profitable General Motors Co. is poised to shake off a half decade of U.S. government oversight next month, underscoring the comeback of a once-moribund industry and gaining leeway … more
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Co. and Textron Systems – will acquire flight-simulation and aircraft-training product companies Mechtronix Inc. and Opinicus Corp., the company announced Friday. more
Supfina Machine Co. Inc., a privately held machine-tool manufacturer that operates as an independent subsidiary of Germany’s Supfina Grieshaber GmbH & Co., recently broke ground on a 21,192-square-foot, $2.6 million expansion to its facility at Quonset Business Park. more
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