Several cycles of Pentagon budget cuts and plans for a smaller U.S. military haven’t dimmed the optimism of the southern New England defense sector. Largely thanks to submarine giant General Dynamics Electric Boat, the industry has remained stable over the last several years and could even see growth ahead. But military contractors and the numerous companies linked to their supply chain are not relying solely on the political clout of the local congressional delegation to keep contracts comings. more
Michael McKelvy joined the Gilbane Building Co. in Providence in June as president and chief operating officer, after spending 26 years in various leadership roles at CH2M HILL, which is based in Englewood, Colo. He discusses work Gilbane will soon begin on the South Street Landing project in Providence, planned improvements to its headquarters in the city and the company’s plans for growth.more
The upcoming Volvo Ocean Race has already provided a boost in lodging in Newport and across the state for 2015, state hospitality proponents say, yet a forecast from a regional expert is for hotel occupancy rates in Newport to grow by only 1 percentage point.
U.S. Sen. Sheldon Whitehouse, center, works with members of The Nature Conservancy on the “living shoreline” project on the Narrow River in Narragansett on Aug. 21. The project is using oyster shells and recycled materials to help protect against coastal erosion, sea-level rise and loss of habitat. The project was funded in part by the R.I. Coastal Resources Management Council and is also expected to tap federal funds. If successful, the project will be expanded to other Rhode Island locations.
Golfers may not be coming out in the numbers they did before the Great Recession, but that hasn’t stopped investment in local clubs and courses. Three member-owned golf clubs in the region survived economic pressures over the past five years by selling to private owners, rebounding from the recession’s ripple effects and the downturn in demand, club owners, managers and industry leaders say.
Join PBN and two panels of successful female executives, business owners and entrepreneurs as we delve into what women should do to advance their careers, and become leaders in the corporate world and their own enterprises.
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.