Thursday, April 18, 2024

TOPICS

Manufacturing

Five Questions With: Michael Woody

The University of Rhode Island is sponsoring a Rhode Island Textile Innovation Network event on Nov. 1 that will look at the feasibility of...
NYE LUBRICANTS has agreed to be acquired by FUCHS PETROUB SE. Above, CEO and President George B. Mock, right, inspects a piece of machinery at Nye Lubricants, along with Jason Galary, center, director of research and development, and Gus Flaherty, manager of engineering development and applications. / PBN PHOTO/RUPERT WHITELEY

Nye Lubricants agrees to be acquired by German manufacturer FUCHS

FAIRHAVEN - Nye Lubricants Inc. has agreed to be acquired by the FUCHS Group, under the umbrella of FUCHS PETROLUB SE, the companies announced...

KVH receives $4M order for fiber optic gyros from Kongsberg Defence...

MIDDLETOWN – KVH Industries Inc. has received a $4 million order for its precision DSP-3100 fiber optic gyros from Kongsberg Defence & Aerospace AS...
TEXTRON EARNED $220 million in the third quarter while revenues were $3.3 billion. / COURTESY TEXTRON

Textron revenue ticks up in Q3

PROVIDENCE - Textron Inc. reported a profit of $220 million in the third quarter, a 60.9% decline year over year, according to a company...
PRODUCTION at U.S. factories declined 0.5% in September. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. factory output falls most in 5 months on GM strike

WASHINGTON – Production at United States factories fell in September by the most in five months, depressed by an autoworkers’ strike at General Motors...
A FRESH-FOODS PROCESSING facility operated by Retail Business Services, a services company of Ahold Delhaize USA,, began operation this week in the Quonset Business Park. / COURTESY RETAIL BUSINESS SERVICES

Infinity Fresh Kitchen facility opens in Quonset

NORTH KINGSTOWN – Retail Business Services, a services company of Ahold Delhaize USA, has launched its Infinity Fresh Kitchen operation in the Quonset Business...

Housing might rescue economy from trade war

Recently released manufacturing data made two things clear: The Federal Reserve might be powerless to prevent the negative effects of the trade war from...
CORE PRODUCER prices in the U.S. decreased 0.3% in September from the prior month. / BLOOMBERG NEWS FILE PHOTO/SERGIO FLORES

Core U.S. producer prices fall most in more than 4 years

WASHINGTON – A measure of underlying United States producer prices posted the biggest monthly drop in more than four years, adding to signs of...
GOV. GINA M. RAIMONDO took the lead Thursday in announcing a second round of Innovation Campus funding aimed at commercializing academic research./PBN FILE PHOTO/DAVE HANSEN

Raimondo, URI announce new round of Innovation Campus funding

PROVIDENCE – Gov. Gina M. Raimondo and University of Rhode Island President David M. Dooley on Thursday announced a second round “RI Innovation Campus”...

Westminster Lofts Renovation

THE STORY: Site Specific was founded in 2004 and started small, but the contractor was named one of the region’s fastest-growing companies by Providence...
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