Manufacturing
264 results total, viewing 1 - 10
Luxury boat builder Hunt Yachts Inc. has been purchased by New York-based Scout Partners Inc., which bought another Portsmouth-based yacht manufacturer, The Hinckley Company, in 2010. more
Since the financial crisis, a Narragansett Bay-sized cloud of self-doubt or “irrational negativity,” as Gov. Lincoln D. Chafee described it, has been among the factors blamed for Rhode Island’s inability to regain its financial footing. more
Even if demand for yachts never returns to where it was before the recession, manufacturers and craftsmen will still be making boats in Rhode Island. more
Hasbro Inc. will pay $72.9 million in royalties to Johnson Research & Development Co., the licensor of the toymaker’s line of Nerf guns, after an arbitration hearing over the terms of a license agreement between the two companies. more
Alex and Ani LLC CEO Giovanni Feroce has left the company, according to a release issued Thursday afternoon, leaving founder and creative director Carolyn Rafaelian to assume the role of interim CEO while the board of directors conducts a search for a replacement. more
In addition to its standing atop the largest company category in Providence Business News’ Fastest-Growing Private Companies list, Rhode Island-based jewelry brand Alex and Ani LLC recently was named one of the nation’s fastest-growing private companies by Inc. magazine. With revenue shooting up from $2.2 million in 2009 to $79.8 million in 2012, Alex and Ani ranked fourth in the Top 100 Retail Companies category and 94th overall. CEO Giovanni Feroce attributes this growth to a “triple bottom line” approach – profitability, environmentalism and charity. more
Lego A/S, the Danish building-block maker, said first-half sales jumped 13 percent with the strongest growth in Asia amid a slower start to 2013 in the toy markets of North America and and Europe. more
Hasbro Inc. today announced new environmental sustainability goals, which include minimizing waste, improving energy efficiency, reducing greenhouse gas emissions and conserving water. more
Rhode Island has won a $100,000 federal grant to help build a manufacturing and design center in the state, Gov. Lincoln D. Chafee and members of the state congressional delegation said Wednesday. more
Hasbro will produce toys for two upcoming DreamWorks Animation movies, the companies announced Wednesday. more
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