Manufacturing

SUMMER INFANT reported net income of $118,000 in the third quarter. The company was substantially impacted by the Toys R Us bankruptcy.

Summer Infant reports profit despite Toys R Us bankruptcy hit

WOONSOCKET – Summer Infant Inc. reported a profit of $118,000 for the third quarter, or 1 cent per diluted share, a turnaround from its...
THE U.S. NAVY is proposing a 20 percent cut in its planned fleet of new hovercraft being built by Textron Inc.

Textron’s landing hovercraft cut 20% in U.S. Navy 5-year plan

NEW YORK - The U.S. Navy is proposing a 20 percent cut in its planned fleet of new hovercraft being built by Textron Inc....

Williston Northampton School names dorm after Taco CEO

CRANSTON – John Hazen White Jr., owner, CEO and executive chairman of Taco Comfort Solutions in Cranston, visited western Massachusetts, where a dormitory at...
MEARTHANE PRODUCTS has acquired Virginia-based Creative Urethanes, adding 20 employees and expanding the company into new markets. Above, Pete Kaczmarek, president of Mearthane Products. / PBN FILE PHOTO/MICHAEL SALERNO

Mearthane Products acquires Va.-based plastics fabricator

CRANSTON – Mearthane Products Corp. has acquired Creative Urethanes Inc., a plastics fabrications company based in Winchester, Va., the company announced Thursday.Mearthane said that...
BOTH HASBRO AND MATTEL warned investors in earnings calls this week that there are still more quarters of pain ahead after losing Toys R Us as a customer. / BLOOMBERG NEWS FILE PHOTO/JASON ALDEN

Not all fun and games for toymakers as Toys R Us...

NEW YORK - Major toymakers are still reeling from the loss of Toys R Us, even as retailers from Best Buy Co. to Party...
COMMITTED TO COLLABORATION: Mary Johnson, left, program manager for Polaris MEP and the Rhode Island Textile Innovation Network, speaks with Michael Woody, president of Trans-Tex and RITIN. In the background are Tanya Dumrongmanee, Polaris MEP program consultant, and Phil Ward, Polaris MEP project manager.
 / PBN PHOTO/MICHAEL SALERNO

RITIN setting textile manufacturers on right path

There could not have been a better place for the Rhode Island Textile Innovation Network to announce its official formation than historic textile-manufacturing hub...

Assembly Magazine nominates Nordson EFD Film-Pak for Product of the Year

EAST PROVIDENCE – Precision fluid-dispensing system manufacturer Nordson EFD had its Film-Pak cartridge for packaging and dispensing two-part fluids nominated for 2018 Product of...
FORD MOTOR CO. contends that the steel tariffs instituted by President Donald Trump have made domestic steel the costliest in the world and have cut into the auto manufacturer's profits. / BLOOMBERG NEWS FILE PHOTO

Ford says Trump tariffs make U.S. steel costliest in the world

NEW YORK – Ford Motor Co. is escalating its criticism of the Trump administration’s metals tariffs that the company has already said took a...
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...
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