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CONSTRUCTION EMPLOYMENT In Rhode Island increased 5.2% year over year in July, the fastest rate of increase in New England./ PBN FILE PHOTO/ MICHAEL SALERNO

R.I. construction employment growth highest in New England in July

PROVIDENCE – The year-over-year construction employment growth rate in Rhode Island in July was the 15th-highest in the nation, according to the Associated General...

Trump tariff delay is a gift to retailers that feels like...

It looks as if the Trump administration didn’t want to be accused of ruining Christmas.The U.S. Trade Representative’s office said on Aug. 13 that...
THREADING A NEW NEEDLE: Ocean State Innovations uses a novel approach to find success in the textile industry, thanks in large part to ownership partner Ben L. Galpen, left, and Edward W. Ricci II, CEO and partner.
 / PBN PHOTO/MICHAEL SALERNO

Redefining the role of middleman in the textile market

Ocean State Innovations in Portsmouth is putting a modern spin on Rhode Island’s storied textile industry. Once a powerhouse, local textile companies today are...
ERICH JACOBS has been named the next president of the Jewelers Board of Trade. / COURTESY JEWELERS BOARD OF TRADE

Jewelers Board of Trade names new president

WARWICK – The Jewelers Board of Trade has named Erich Jacobs its new president, effective Aug. 31, JBT announced Thursday.Jacobs succeeds Richard Weisenfeld, who...
U.S. FACTORY OUTPUT declined 0.4% in July, according to the Federal Reserve. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

Output at U.S. factories falls after biggest gain this year

WASHINGTON – United States factory output retreated in July after rising a month earlier by the most this year, signaling manufacturing is having trouble...
PANGAEA LOGISTICS SOLUTIONS reported a profit of $5.2 million in the second quarter. / COURTESY PANGAEA LOGISTICS SOLUTIONS LTD.

Pangaea Logistics Solutions reports $5.2M profit in Q2

NEWPORT – Pangaea Logistics Solutions Ltd. reported a profit of $5.2 million in the second quarter, or 9 cents per diluted share, in a...

Five Questions With: Dave Chenevert

The Rhode Island Manufacturers Association will host its second annual Congressional Manufacturing Summit at the Providence Marriott Downtown on Sept. 23. The registration deadline...
RUBIUS THERAPEUTICS reported a loss of $39.4 million in the second quarter of 2019. The company has yet to record revenue..4 million in the second quarter of 2019, The company is yet to have revenue.

Rubius reports $39.4M loss in Q2, heralds progress

PROVIDENCE – Rubius Therapeutics Inc. reported on Tuesday a loss of $39.4 million in the second quarter of 2019, or 50 cents per diluted...
THE PROVIDENCE RIVER Pedestrian Bridge officially opened Friday. / PBN PHOTO/ARTISTIC IMAGES

Providence River Pedestrian Bridge opens

PROVIDENCE – The Providence River Pedestrian Bridge opened officially Friday with a ribbon-cutting ceremony.The $21.9 million project took more than a decade to come...
NELIPAK is merging with Bemis Healthcare Packaging Europe, after Nelipak's owner, private equity firm Kohlberg & Co., acquired the European company.

Nelipak to merge with European company

CRANSTON – Nelipak Corp. will be merged with Bemis Healthcare Packaging Europe, the company announced Friday.The combined entity will operate under the Nelipack Healthcare...
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