Updated April 19 at 11:25am
Manufacturing
205 results total, viewing 151 - 160
Textron Inc. – parent company of Bell Helicopter, Cessna Aircraft Co. and Textron Systems – reported that its net income climbed 27.4 percent in the second quarter to $144 million, or 51 cents per diluted share, compared with $113 million, or 40 cents per diluted share, for the same period last year. more
Modest gains in economic momentum in May hold promise for Rhode Island this summer, University of Rhode Island economist Leonard Lardaro said in his latest Current Conditions Index, but as usual that is only part of the story for the Ocean State. more
An index of Rhode Island’s leading economic indicators rose 0.4 percent in May to 126.8 from 126.3 in April, the second consecutive month of gains in the state’s economic indicator index produced by Providence Business News and e-forecasting.com. more
East Greenwich entrepreneur and manufacturing industry veteran Barry Golden has purchased Gurney Engineering Corp., a 59-year-old commercial water-treatment company headquartered in Massachusetts, for an undisclosed sum. more
The national nonprofit Made in the USA Foundation has named Alex and Ani LLC among its 2014 USA Hall of Fame winners. more
The NanoSteel Co. has awarded an exclusive worldwide license to its wear-resistant steel coatings to Cleveland-based Lincoln Electric, which designs and manufactures arc-welding products, robotic welding systems, and plasma and oxy-fuel cutting equipment. more
Rhode Island’s defense industry contributed $3.75 billion to the state’s economy in 2013 and supported as many as 33,806 jobs statewide, according to a report released Tuesday by the R.I. Defense Economy Planning Commission. The defense economy generated $1.93 billion in income for Rhode Island households last year as well as $106 million in tax revenue for the state. more
The trade deficit in the U.S. narrowed more than forecast in May on record exports, signaling a pickup in global growth that will boost American manufacturers. more
Polypropylene films manufacturer Toray Plastics (America) Inc. announced Tuesday that Michael Brandmeier has succeeded Richard Schloesser as president and CEO of the company following Schloesser’s retirement. more
Consumer spending in the U.S. grew less than forecast in May as Americans used gains in income to shore up household finances. more
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