Manufacturing
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U.S. stocks fall as report shows manufacturing shrank in August
U.S. stocks fell, following a two- week decline in the Standard & Poor’s 500 Index, as data showed American manufacturing contracted in August, fueling concern the economic recovery is slowing. more
RNB-Richardson acquired by McGill Hose & Coupling
Rubber product supplier RNB-Richardson Inc. - also known as RNB Supply Inc. - has been acquired by East Longmeadow, Mass.-based McGill Hose & Coupling Inc., McGill representatives announced Tuesday. more
| 9/4/12
Textron removed from UMass’ list of top polluters
(Updated, 3:30 p.m.)Textron Inc. – the Providence-based company that includes Bell Helicopter and Cessna Aircraft – was removed from the 4th Toxic 100 Air Polluters list released by the Political Economy Research Institute at the University of Massachusetts Amherst. more
Six-month export growth benefits R.I. companies
Rhode Island merchandise exports increased 9 percent during the first half of 2012 compared with the same period in 2011, growing from $1.1 billion to $1.2 billion, according to data released by the International Trade Administration. more
| 8/27/12
Nortek forms ‘Core Brands’ segment
Residential and commercial ventilation maker Nortek Inc. has formed Core Brands, a new group that combines the product and marketing capabilities of 10 formerly independent audio, power management and control brands operating within the company’s technology solutions segment. more
| 8/27/12
Textron’s Bell Helicopter ranks first in product support
Fort Worth, Texas-based Bell Helicopter, a subsidiary of Textron Inc., was ranked number one in product support by Aviation International News’ 2012 Product Support Survey, Textron announced Friday. more
Astro-Med profit drops 5.6% in 2Q
Profit for Astro-Med Inc. dropped 5.6 percent to $987,000, or 13 cents per diluted share, during the second quarter of 2012, compared with $1.05 million, or 14 cents per diluted share, during the second quarter of 2011. more
| 8/22/12 | 1 comment
Bryant hosts 5th Supply Chain summit
Bryant University will host the fifth annual Supply Chain Management Summit on Thursday, Aug. 23, from 8 a.m. to 4 p.m. at the university’s Bello Center in Smithfield. more
| 8/20/12
Textron named a ‘top air polluter’
(Updated Fri, Aug. 17, 4:30 p.m. with comments from Textron) Textron Inc. – the Providence-based company that includes Bell Helicopter and Cessna Aircraft – was named the No. 2 corporate air polluter in America by researchers at the Political Economy Research Institute at the University of Massachusetts Amherst. more
| 8/15/12
U.S. stock futures fall as New York-area manufacturing shrinks
U.S. stock-index futures dropped, indicating the Standard & Poor’s 500 Index will fall for a third straight day, after a Federal Reserve report showed manufacturing in the New York area unexpectedly contracted. more
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