Manufacturing
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Manufacturing expanded in April at the slowest pace this year and companies took on the fewest workers in seven months, adding to evidence of a slowdown in the world’s largest economy. more
Nortek Inc. President and CEO Michael Clarke and other company executives lead a round of applause after ringing the opening bell for the NASDAQ stock market on Aug. 7 in New York City. Clarke, front row, third from left, said he’s pleased with the performance of the Providence-based residential and commercial ventilation maker. “Our brands are well-recognized worldwide for their quality and performance,” he said. more
PROVIDENCE – Textron Inc. is considering a bid for part or all of Hawker Beechcraft Inc., the bankrupt business-jet maker in exclusive talks with China’s Superior Aviation Beijing Co., Bloomberg News reported. more
ATW Companies has added 30 jobs to its Rhode Island manufacturing operation in the last two years and plans to hire an additional 70 workers by 2015, the firm announced Thursday. more
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted a net loss of $449,000, or 6 cents per diluted share, during the first quarter of its 2014 fiscal year. more
When Peter VanLancker, president of Hunt Yachts, joined the company two years after its inception, in 2000, he saw a solid business idea but a fledging execution for a boat-building business. more
EVANSTON, Ill. – Industrial employment in Rhode Island declined 2.2 percent over the past year according to the 2013 Rhode Island Manufacturers Register, an industrial directory published annually by Manufacturers’ News Inc. more
Elected officials and others representing the region’s defense industry recently crowded around the cockpit of Lockheed Martin’s F-35 Lightning II, waiting their turns to hop in the pilot’s seat, taxi the fighter jet down the runway and launch into the skies on a government mission – all without leaving the confines of the R.I. Department of Administration building, that is. more
Rhode Island is still a good place for innovation and expansion in the jewelry industry, said Marcos Fountoulakis, president and CEO of Johnston-based Dama. more
Big exports are possible in the smallest state. more
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