Manufacturing
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Tiles for tourists in digital age
Even a dead business can have value. In fact, sometimes the age and obsolescence of an enterprise, the fact that it didn’t evolve into the next big thing, makes it worth something. more
Textron named a ‘top air polluter’
(Updated Fri, Aug. 17, 4:30 p.m. with comments from Textron) Textron Inc. – the Providence-based company that includes Bell Helicopter and Cessna Aircraft – was named the No. 2 corporate air polluter in America by researchers at the Political Economy Research Institute at the University of Massachusetts Amherst. more
| 8/15/12
U.S. stock futures fall as New York-area manufacturing shrinks
U.S. stock-index futures dropped, indicating the Standard & Poor’s 500 Index will fall for a third straight day, after a Federal Reserve report showed manufacturing in the New York area unexpectedly contracted. more
Summer Infant posts net loss in 2Q
Juvenile health, safety and wellness product maker Summer Infant Inc. posted a net loss of $424,000, or 2 cents per diluted share, for the three months ended June 30, compared to a $921,000, or 5 cents per diluted share, gain during the same period in 2011. more
| 8/14/12
Cooley gains capital from Webster
Cooley Group, a flexible composites manufacturer based in Pawtucket that helped create the London Olympic Stadium wrap pictured above, announced Monday that it has secured a $25 million loan from Webster Business Credit Corp. more
Rhode Island’s true employment picture now in focus
Recently, a press release by the governor’s office, which was based on calculations by the R.I. Department of Labor and Training, stated that employment here is not doing as badly as had previously been thought. Instead of employment continuing to decline on a year-over-year basis, as the “official” DLT data have been indicating for quite some time now, we were informed that employment here has actually been rising for some time. more
Guest Column: Leonard Lardaro | 8/13/12
Forum focuses on improving manufacturing innovation
President Barack Obama has proposed a $1 billion federal investment in advanced manufacturing and a group of congressmen from Rhode Island and Connecticut would like to see even more spent on boosting the sector in southern New England. more
Nortek rings NASDAQ bell
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
8/13/12
Reaching for health past work
The images from the 1970s and ’80s of Japan’s car workers standing en masse exercising at the start of their workday are vivid reminders symbolizing the pinnacle of a nation’s economic might and attitude toward employee health and productivity. more
Where wellness is about more than fun and games
As a company devoted to play, Hasbro Inc. recognizes the importance of its brand, often doubling down on its well-known board games that are re-branded as movies, DVDs and electronic games. So it is not surprisingly that when Hasbro introduced its Healthy Steps walking routes as part of its wellness program last year, the paths were branded, both inside and outside, with Candyland markers along the way. more
By Richard Asinof
Contributing Writer | 8/13/12
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