Capital Goods
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Manufacturing grew in October at a faster pace than forecast, showing U.S. factories were a source of strength for the economy at the start of the fourth quarter. more
Costa Inc., formerly A.T. Cross Co., has reached a deal to be acquired by Essilor International SA, the world’s largest manufacturer of corrective lenses, the companies announced Friday. more
Gasoline prices were unchanged in Rhode Island and fell 2 cents in Massachusetts this week, trailing an 8-cent decline in the national average, according to the weekly survey by AAA Southern New England. more
The Greater New Bedford Industrial Foundation celebrated the completion last week of Flaherty Drive, an 800-foot extension of New Bedford Business Park. 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
Gasoline prices continued to rise in Rhode Island and Massachusetts this week, marking the second consecutive week of higher prices in both states, according to the weekly survey by AAA Southern New England. more
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
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
Gasoline prices rose by a penny in Rhode Island and remained unchanged in Massachusetts this week, trailing a 4 cent decline in the national average, according to the weekly survey by AAA Southern New England. 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
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