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Kopin acquires majority stake in e-MDT America
Wearable-technology-maker Kopin Corp. has acquired a majority stake e-MDT America, an expert in low-power analog/digital circuit designs, Kopin announced Monday. more
| 5/6/13
Textron cuts 2013 jet outlook on 1Q earnings
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems – posted net income of $119 million, or 41 cents per diluted share, during the first quarter, a very slight increase from the $118 million, or 40 cents per diluted share, it posted during the first quarter of 2012. more
| 4/17/13
Factories in New York area expand at slower pace than forecast
Manufacturing in the New York region expanded less than projected in April as orders cooled and sales stagnated. 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
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
Manufacturing cools along with private payrolls
Manufacturing expanded in April at the slowest pace this year and companies took on the fewest workers in seven months, adding to evidence of a slowdown in the world’s largest economy. more
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
Gas prices fall 1 cent in R.I., hold steady in Mass.
Gasoline prices in the Ocean State fell 1 cent this week in the ninth consecutive week of price declines, AAA Southern New England reported Monday. more
| 5/6/13
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
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
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