Toray Plastics (America) Inc. on May 2 unveiled new $15 million coating equipment at a ribbon-cutting at its North Kingstown campus. The technology will allow the company to better meet global customer demand for industrial and packaging films made with advanced specialty layers. The investment is part of a technology-integration plan the company, which employs more than 600, expects will create 20 jobs. From left: Gov. Lincoln D. Chafee; Rick Schloesser, president and CEO of Toray Plastics (America); Senate President M.Teresa Paiva Weed and House Speaker Gordon D. Fox. more

NEWPORT – The International Yacht Restoration School has expanded its scholarship opportunities for students applying to the school’s three full-time programs. more

Exports from the Ocean State fell 5.1 percent in March to $183.1 million on a month-to-month, seasonally adjusted basis after falling 15.3 percent in February, according to an international trade statistics report from e-forecasting.com. more