Tuesday, March 21, 2023

TOPICS

Manufacturing

THE OCTOBER CCI was measured at 42, in Leonard Lardaro's most recent report. A value below 50 indicates contraction. / COURTESY LEONARD LARDARO

CCI value falls to lowest value in more than 2 years

SOUTH KINGSTON – Falling to its lowest point in 28 months, the October Current Conditions Index declined to a value of 42, shedding 25...
LESLIE TAITO has been named CEO of Hope Global. / COURTESY HOPE GLOBAL

Hope Global names Taito CEO, De Santiago president

CUMBERLAND – Leslie Taito has been named CEO of Hope Global, succeeding Cheryl Merchant, who was recently named president of the Taco Family of...
CHERYL MERCHANT has been appointed president of the Taco Family of Companies, North America. Merchant had served as president and CEO of Hope Global for 19 years. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

Taco appoints Cheryl Merchant president after 19 years with Hope Global

CRANSTON – The Taco Family of Companies, parent of Taco Comfort Solutions, has named Cheryl Merchant president of the Taco Family of Companies, North...
THE INSTITUTE FOR SUPPLY MANAGEMENT index, which aims to capture manufacturing business conditions, increased to 59.3 from 57.7 in November. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. manufacturing gauge tops estimates as jobs, orders rebound

NEW YORK - A gauge of United States manufacturing rebounded in November as new orders picked up and companies added workers, indicating that factories remain...
ACCORDING TO a new survey, less than half of U.S. manufacturers expect that tariffs will lead to higher domestic prices in the U.S. through 2020. Most respondents also did not anticipate moving factories back to the U.S. due to tariffs. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

Less than half of U.S. factories expect tariff price impact

NEW YORK - Less than half of United States manufacturers think that President Donald Trump’s tariff and trade war will lead to higher domestic...
TOYMAKER HASBRO is considering moving out of its Pawtucket headquarters, shown above. The situation has prompted Rhode Island's political leaders to meet in December to discuss the situation. / COURTESY HASBRO INC.

State leaders to meet Dec. 11 over potential Hasbro move

PROVIDENCE – Rhode Island's political leaders are set to meet in December to discuss how to respond to Pawtucket-based toymaker Hasbro Inc. considering moving...
TIFFANY & CO. reported that third quarter net earnings were $94.9 million, a 5.6 percent decline year over year. / BLOOMBERG NEWS FILE PHOTO/PATRICK T. FALLON

Tiffany plunges as growth slows on weak Chinese tourist spending

NEW YORK - Tiffany & Co.’s revitalization efforts hit a snag in the third quarter as the luxury jeweler reported lower spending by tourists,...

Woodworker Manufacturing Days highlights field for students

CUMBERLAND – An invitation-only Manufacturing Days event for the next generation of woodworkers and machinery technicians was held Nov. 5 at Herrick & White...

Waters Corp. retains Maynard firm for expansion of manufacturing facility

TAUNTON – Waters Corp. has retained JM Coull of Maynard, Mass., for an expansion of its manufacturing facility in Taunton. The company is making a...
UNITED STATES factory orders for business equipment were weak in October for a third straight month. / BLOOMBERG FILE PHOTO/TY WRIGHT

Orders for U.S. business equipment trailed forecasts in Oct.

NEW YORK - Orders placed with United States factories for business equipment were weak in October for a third straight month, another sign that...
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