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Citing a projected increase of 2 percent in manufacturing jobs between 2010 and 2020, a new study by the Rhode Island Manufacturing Extension Service recommends refining already strong curricula and developing new courses at three key schools to help close the skills gap in Rhode Island. more
Construction employment in Rhode Island rose 4.8 percent in December compared with the same period last year, adding 700 jobs for a total of 15,400 jobs, the Associated General Contractors of America reported on Jan. 28. more
Passenger traffic at T.F. Green Airport in 2013 rose 4.2 percent compared with the previous year, up to 3.8 million total passengers from 3.65 million in 2012, according to numbers released by the R.I. Airport Corporation Tuesday. more
Gasoline prices fell in Rhode Island and Massachusetts this week, slightly narrowing the margin between the state and national averages, according to the weekly survey by AAA Southern New England. more
Textron Inc. – parent company of Bell Helicopter, Cessna Aircraft Co. and Textron Systems – reported fourth-quarter net income of $167 million, or 59 cents per diluted share, a 12.8 percent increase from $148 million, or 51 cents per diluted share, in the fourth quarter of 2012. more
The Naval Undersea Warfare Center spent $602 million of its total $874 million operating budget for 2013 on payroll, contracts with local companies, and construction and support for the command and research facility in Newport. more
Rhode Island exports rose $5.3 million, or 2.9 percent, in November, according to an e-forecasting.com report. more
Government spending cuts last year contributed to the fourth straight annual decline in federal contracting, the longest stretch since Ronald Reagan was president, statistics show. more
Thomas A. Kennedy will be the new CEO of Raytheon Co., the world’s largest missile maker, beginning March 31. more
Electric Boat President Jeffrey S. Geiger painted a glowingly positive picture of the future expansion and employment at the shipbuilder’s North Kingstown facility, with 650 new jobs in 2014 planned to be added to the current workforce of about 2,800. more
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