McLaughlin Research wins $6 million Navy contract
MIDDLETOWN – The Naval Undersea Warfare Center in Newport awarded a $6 million contract to McLaughlin Research Corporation for engineering, technical and research services in support of surface anti-submarine weapon and countermeasure launcher programs. With its main offices in Aquidneck Corporate Park McLaughlin research has been providing similar services to the Navy since 1981. The company was founded in 1941.
Teknor Apex forms alliance with DuPont
PAWTUCKET – Teknor Apex, a leading maker of compounds for food and beverage cap liners and DuPont Packaging of Wilmington, Del., a major supplier of ethylene copolymers, polyamides and polyesters to the food and beverage industry have agreed to jointly develop, manufacture and market cap liner products for the Americas. Teknor will be responsible for manufacturing the cap liner compounds and each company will act as a sales agent for the other’s products. Starting January 1, 2001 Teknor Apex will market the compounds in the United States and Canada. DuPont will market them in Mexico, Central and South America.
Rhode Island's Market Has Changed. Developers, Builders, Investors and Sellers Must Change With It.
By Emilio DiSpirito IV License Partner | Engel & Völkers Oceanside Leader | The DiSpirito…
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Damon retires at Bank of Newport
NEWPORT – Peter Damon, a leading executive at the Bank of Newport for the last 17 years has retired. Most recently Damon was vice chairman of financial services for the bank. Previously he was president of the bank.
HUD grants to aid disabled
WASHINGTON, D.C. – More than $3 million in grants has been awarded by the U.S. Department of Housing and Urban Development to help the disabled to live independently. The Kent County Mental Health Center will get $1,212.000 to help finance the rehabilitation of a 10-unit housing development on Roberts Street in West Warwick for use by low-income adults with chronic mental health problems. The East Bay Mental Health Center will receive $1,071,400 for ten independent living units on Turner Avenue in East Providence. And, finally, the Blackstone Valley Chapter, RI ARC will receive $1,226,100 to create three new group homes in Pawtucket, Cumberland and Barrington. The homes will be designed to enable residents with developmental and physical disabilities to be integrated into surrounding neighborhoods. The grants are authorized under HUD’s Section 811 program, the office of Sen. Jack Reed announced.
Transport bill includes millions for RI projects
WASHINGTON, D.C. – The Transportation Appropriation bill for fiscal year 2001, approved by both houses of Congress and awaiting the President’s signature, includes millions of dollars for Rhode Island projects, including the promotion of alternative transportation, relocation and reconstruction of Route 195 through Providence, and removal of traffic bottlenecks around URI’s Kingston campus and on Aquidneck Island. The alternative fuel program will be used by RIPTA to expand its program of introducing alternative fuel vehicles into its fleet of buses and expanding its water transportation program.
Other programs included in the bill are development of the Pawtucket layover and maintenance facility for the Boston commuter rail trains, a Food Bank shuttle bus, and the freight rail improvement project for the line linking Quonset Point/Davisville and Central Falls.
Brown & Sharpe opens West Coast center
NORTH KINGSTOWN – Brown & Sharpe announced that it had opened its West Coast Precision Center in Cerritos, Calif. The center is designed to provide sales, service and consultation services to measuring systems conductors. It is the 18th such center established by B & S around the world.
Corrente wants trial moved
PROVIDENCE – Frank E. Corrente, former top aide to Mayor Vincent Cianci, Jr., who has been charged in the corruption probe of city hall has asked that his case be moved from Rhode Island to either Massachusetts or New Hampshire because of news coverage, according to a motion filed on behalf of Corrente in U.S. District Court. Corrente has also asked that Judge Ronald R. Lagueaux remove himself from the case because of comments he made in the sentencing of three ex-city officials. Prosecutors as of last week had not yet responded to the motion to move the trial and a hearing had not yet been held on the motion.
New management for Civic Center
PROVIDENCE – The Providence Civic Center Authority has voted to retain its outside management firm, Aramark of Philadelphia, which bought Ogden Entertainment of New York City, which in 1997 had signed a seven-year management contract with the Civic Center. A provision in the agreement between Ogden and the Civic Center Authority apparently requires the authority’s approval if it is to give management to another company. The Civic Center’s vote is contingent upon agreement on certain contract details, including renegotiation of the incentive fee.
(Compiled from news reports and releases, print and electronic.)
