Manufacturing
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Orders to U.S. factories rose less than forecast in December
Orders placed with U.S. factories increased less than forecast in December, reflecting a drop in non-durable goods that partly countered gains in construction equipment and computers more
KVH sees profits, sales surge in 4Q, 2012
KVH Industries Inc.’s profit rose 71.9 percent during the fourth quarter of 2012 and 316 percent for the year as a whole, the company reported Tuesday. more
| 2/12/13
FarSounder moves headquarters to Lavan St. facility
FarSounder Inc., a high-tech marine electronics manufacturer, has moved its new global headquarters to a new facility on Lavan Street in Warwick, the company announced Wednesday. more
| 2/27/13
Avtech joins national coalition to stop IP, IT theft
Warren-based technology manufacturer Avtech Software Inc. is the latest Rhode Island company to join the National Alliance for Jobs and Innovation, a non-partisan organization designed to increase awareness about stolen intellectual property and the subsequent negative impact on jobs, innovation and economic growth. more
| 3/8/13
Owner of Yankee Candle prepares to sell
The Yankee Candle Co., the largest producer of scented candles in the United States, is currently in the preliminary stages of sale by owner Madison Dearborn Partners, the Reuters News Agency reported Monday. more
| 3/12/13
Israel poised for R.I. exports, expert says
Israel remains the Middle Eastern country most primed for U.S. exports and Rhode Island companies wanting to get in on overseas trading should seize any opportunity to do so, advises Atid EDI Ltd., a Jerusalem-based firm that specializes in market research and trade development for the Middle East region. more
Manufacturing cools in U.S. as government cuts loom
Manufacturing grew less than forecast in March as orders and production cooled, highlighting the risk of a U.S. economic slowdown this quarter as federal budget cuts take effect. more
Textron cuts 2013 jet outlook on 1Q earnings
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems – posted net income of $119 million, or 41 cents per diluted share, during the first quarter, a very slight increase from the $118 million, or 40 cents per diluted share, it posted during the first quarter of 2012. more
| 4/17/13
Handy & Harman subsidiary acquires Wolverine Joining Technologies
White Plains, N.Y.-based Handy & Harman Ltd.’s subsidiary Lucas-Milhaupt Inc. has acquired the assets of Wolverine Joining Technologies, the companies announced Monday. more
| 4/29/13
Kopin acquires majority stake in e-MDT America
Wearable-technology-maker Kopin Corp. has acquired a majority stake e-MDT America, an expert in low-power analog/digital circuit designs, Kopin announced Monday. more
| 5/6/13
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