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Report calls for tax, fee hikes to fund MassDOT
A Massachusetts Department of Transportation report is proposing increases in fees as well as gas, sales and income taxes in order to fund the required $10 billion-plus revenue boost needed to run the Bay State’s transportation system. more
| 1/14/13
FarSounder moves headquarters to Lavan St. facility
FarSounder Inc., a high-tech marine electronics manufacturer, has moved its new global headquarters to a new facility on Lavan Street in Warwick, the company announced Wednesday. more
| 2/27/13
SBANE offers more funding for manufacturing grant program
The Smaller Business Association of New England has announced additional funding for its Manufacturing Matching Grant Program, an initiative designed to provide funds for high-powered consulting expertise to small and medium-sized manufacturers. more
| 2/13/13
KVH profits move into black in 1Q
The bottom line of KVH Industries Inc. moved into the black during the first quarter of 2013 after a $1.38 million loss during the first quarter of 2012, the company reported Friday. more
| 5/3/13
New home sales strengthen as builders drive growth
Sales of new U.S. homes advanced in March as near record-low mortgage rates helped the industry complete the strongest quarter since 2008, putting the economy on firmer footing. more
Navy said to seek funding increase for Virginia-class submarines
The U.S. Navy will propose increased submarine and aircraft carrier funding in its budget request for the fiscal year beginning Oct. 1, while sticking to its plan for the troubled Littoral Combat Ship, according to internal figures obtained by Bloomberg News. more
Boat Show expands for 2013 event
The Rhode Island Boat Show is expanding to five venues for its third year, its organizers announced Wednesday, in a move to increase its showcasing of the Ocean State as a recreational boating destination that also houses a varied group of boating businesses, facilities and products. more
Housing starts in U.S. climb as building permits pick up
New U.S. home construction rose in February and building permits climbed to the highest level in almost five years, adding to signs of progress in the housing market that’s helping boost the economy. more
Snow, sleet in eastern half of U.S. may make ‘a mess’ for travel
Snow and freezing rain expected from Washington to Boston have begun to tie up air traffic and make travel difficult in the mid-Atlantic region. more
Gilbane: Spending growth seems ‘here to stay’
After ending 2012 with a 10 percent year-over-year increase in construction spending, spending is expected to grow more than 7 percent in 2013; the Gilbane Building Co. said in its spring 2013 edition of its annual construction-industry economic report. more
| 4/3/13
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