Capital Goods
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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
The economic downturn of 2008 was hard on Rhode Island’s civil engineers: construction slowed to a near standstill, jobs disappeared, and firms everywhere were cutting staff. 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
The Rhode Island Marine Trades Association has hired a new management team to realize its vision for a revitalized Providence Boat Show that will strengthen the local marine industry. more
Precious metals recycler Gannon & Scott has completed an $8 million expansion of its factory on Sharp Drive, the company said Thursday. 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
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
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