Manufacturing
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Alex and Ani announces details of Seven Swords Media launch
(Updated Feb. 20, 4 p.m.) Bella Consulting and Events, the Providence-based marketing, public relations, and event production firm, will announce tomorrow its transition into Seven Swords Media, a division of Alex and Ani LLC. more
Nortek moves into the black in 2Q
Nortek Inc. reported net income of $18.5 million, or $1.19 per diluted share, during the second quarter of 2012, compared with a net loss of $31.9 million, or $2.11 per diluted share a year earlier, the company announced late Thursday. more
| 8/10/12
Textron posts $10.7% rise in 2Q revenue
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems - reported a 10.7 percent increase in its second quarter 2012 revenue when compared with the same 2011 period. more
Neptune-Benson acquires ETS
Aquatic filtration system-maker Neptune-Benson LLC has acquired Beaver Dam, Wisc.-based Engineered Treatment Systems LLC, Neptune-Benson announced Monday. more
| 9/11/12
NIST discusses the future of U.S. manufacturing at RISD
Bridging the gap between cutting edge research and new commercial applications is central to America’s future in advanced manufacturing, the director of a new federal manufacturing initiative told industry and government leaders gathered at the Rhode Island School of Design on Tuesday morning. more
Dama to work with LeachGarner
Dama Inc. will collaborate with LeachGarner, a Berkshire Hathaway company, to bring new findings, including a new secure clutch and post earring back system, to the jewelry market. more
| 11/16/12
GM’s Lutz joins NanoSteel board of directors
Auto industry veteran and former executive for General Motors Corp., Robert A. “Bob” Lutz, has been appointed to the board of directors of The NanoSteel Co., the company announced Wednesday. more
Providence-area exports top $7B in 2011
Exports from the Providence-Fall River-New Bedford metropolitan area grew 23.3 percent to $7.1 billion from 2010 to 2011, according to data from the U.S. Department of Commerce’s International Trade Administration. more
| 9/21/12
Covidien completes Oridion acquisition
Medical device maker Covidien PLC has completed its acquisition of Oridion Systems Ltd., the company announced Tuesday. more
| 6/27/12
Orders for U.S. capital goods signal business spending slowdown
A gain in demand for capital goods such as equipment and machinery in August failed to make up for declines in the previous two months, showing slowdowns in business investment and exports threaten to further restrain the U.S. economy more
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