In a recent Providence Business News Op-Ed (“Making manufacturing a priority will yield great rewards,” July 22), manufacturing in Rhode Island was lauded as one of our state’s economic-development strengths. Absolutely – manufacturing is our past, our present and our future.
Guest Column: Teresa McCarthy, Cheryl W. Snead
By passing legislation that allows for the creation of so-called “benefit corporations,” as well as what are known as L3C, or low-profit limited liability corporations, the General Assembly, and Gov. Lincoln D. Chafee, who signed the bill into law, have made a small improvement in the state’s business climate.
Too many in Rhode Island do not understand in their bones that we have a continuing spending problem. Exhibit A: legislation passed in the just-concluded legislative session that raised the allowable tax on gross rental receipts from affordable-housing projects that towns and cities can charge (in lieu of a standard property tax) from 8 percent to 10 percent.
The pressure is always on for businesses to adapt to become successful, but in the technology industry, where innovation thrives, companies must work extra hard to find a focus that works both technologically and economically.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.