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Thursday, October 18, 2018
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TEXTRON REPORTED A $563 million profit in the third quarter, largely due to the $410 million post-tax gain from selling its Tools & Test Equipment product line. / COURTESY TEXTRON

Textron Q3 profit jumps on product line sale, revenue declines

PROVIDENCE – Textron Inc. reported a $563 million net income for the third quarter, or $2.26 per diluted share, a 254 percent increase from...
PRESIDENT DONALD TRUMP plans to withdraw the United States from a 192-nation postal treaty. The move has been heralded by U.S. manufacturers. / BLOOMBERG NEWS FILE PHOTO./ANDREW HARRER

Trump to withdraw U.S. from postal treaty, squeezing China

NEW YORK - President Donald Trump plans to withdraw the United States from a 192-nation treaty that gives Chinese companies discounted shipping rates for small...
UNITED STATES factory production expanded in September for a fourth consecutive month, increasing 0.2 percent. / BLOOMBERG NEWS/TY WRIGHT

U.S. September manufacturing production rises on broad demand

NEW YORK - United States factory production expanded in September for a fourth consecutive month on broad-based demand as the sector accelerated in the third...
THE CURRENT CONDITIONS INDEX for Rhode Island in July was 67, the lowest recorded value for the year so far, following revisions to July CCI measurements. / COURTESY LEONARD LARDARO

August CCI reflects lowest value of the year

SOUTH KINGSTOWN – Following July revisions, eight points were lost month to month in the August Current Conditions Index as the measure declined to...

RIMA backs Raimondo in first-ever endorsement of a political candidate

NORTH SMITHFIELD – The Rhode Island Manufacturers Association announced its endorsement of Gov. Gina M. Raimondo Oct. 10, marking the organization’s first-ever endorsement of...
PAWTUCKET'S MATLET GROUP, led by CEO Gary Stiffler, has filed a WARN notice that it is closing its Pawtucket location, affecting 180 employees. / COURTESY THE MATLET GROUP

Matlet Group files WARN notice for 180 workers in Pawtucket

PROVIDENCE – The Matlet Group LLC, a packaging, printing and marketing company, filed a Worker Adjustment and Retraining Notification notice Tuesday, impacting 180 workers...
THE UNITED STATES producer-price index increased 2.6 percent year over year in September. /BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. producer prices increase for first time in 3 months

NEW YORK - United States producer prices rose for the first time in three months amid a surge in gauges reflecting airfares and rail-transportation...

Plastics Group names Marcoulier head of manufacturing

WOONSOCKET – The Plastics Group of America announced Brian Marcoulier as its new director of manufacturing.Company President Bob Lebeaux said in a press release,...

Cobb to talk future of manufacturing at ASQ Inspection Division Conference

NORTH KINGSTOWN – Zachary Cobb, director of engineering and research and development for North America for Hexagon Manufacturing Intelligence, is a scheduled keynote speaker...
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