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Electric Boat’s plan to hire 650 employees this year at its expanding facility at Quonset Business Park in North Kingstown is a precursor to a massive ramp-up expected to more than double the current Quonset workforce of 2,800 over the next 15-20 years. more
FM Global has pledged $1 million to support construction of the University of Rhode Island’s proposed College of Engineering facility, a plan for which funding is included on the Nov. 4 ballot. more
Industrial businesses on the Providence waterfront are looking to close the book – for good – on plans to diversify and redevelop Allens Avenue. more
The R.I. Commerce Corporation released an action report earlier this week outlining specific economic development initiatives designed to improve Rhode Island’s business climate, create jobs and lower unemployment. The report, “Actions for Economic Development in Rhode Island,” advocated building on Rhode Island’s native economic advantages. more
This year, most of the 2nd Story Theater’s year-end fundraiser, which usually nets about $30,000, will be put toward a match to access more than $1 million in much-needed arts bond money. more
Fewer Americans than forecast filed applications for unemployment benefits last week, a sign the labor market continues to gain traction. more
Gov. Lincoln D. Chafee and General Treasurer Gina M. Raimondo have reached an agreement with representatives of government workers and retirees to soften the effects of the 2011 state pension overhaul, they announced Friday. more
The R.I. Coastal Resources Management Council unanimously voted Tuesday night to grant final approval to Deepwater Wind LLC’s Block Island Wind Farm. more
A miniature park near the Brown Bookstore on Thayer Street and wider sidewalks are among the improvements slated for the area over the next six months, according to the city, Brown University and two neighborhood management groups. more
Rhode Island ranked 40th among the 50 U.S. states and the District of Columbia for overall financial security of its residents in the 2014 Assets & Opportunity Scorecard released Thursday by the Corporation for Enterprise Development. (Updated, 3:10 p.m.) more
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