Thursday, March 28, 2024

TOPICS

Manufacturing

Amgen will buy Celgene drug in $13.4B antitrust sale

BOSTON – Amgen Inc. will pay $13.4 billion for a blockbuster psoriasis drug from Celgene Corp., which is shedding the asset in order to...
U.S. FACTORY orders for business equipment increased in July for a third month while shipments of such goods plunged the most since October 2016. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. business-equipment orders gain masked by shipments slump

WASHINGTON – United States factory orders for business equipment increased in July for a third month, at the same time shipments of such goods...
FOOD AND FOUNDATION: Not only does Blount Fine Foods Executive Vice President Bob Sewall travel the country promoting Blount products, he started his own charity to help the needy. 
 / PBN PHOTO/KATE WHITNEY LUCEY

Bob Sewall, 25 Over Fifty-five

25 Over Fifty-Five 2019 Award Winner BOB SEWALL | Executive vice president of sales and marketing, Blount Fine Foods Corp. FALL RIVER-BASED Blount Fine Foods...
FACTORY CERTIFIED: Ronald Yanku has been credited with boosting Edesia Inc.’s production of lifesaving nutritional packets with robotics, while cutting costs and maintaining jobs. He’s plant operations director for the nonprofit.
 / PBN PHOTO/DAVE HANSEN

Ronald Yanku, 25 Over Fifty-five

25 Over Fifty-Five 2019 Award Winner RONALD YANKU | Plant operations director, Edesia Inc. RONALD YANKU’S 34 YEARS in manufacturing all led to his most...
HASBRO HAS ENTERED into an agreement with Entertainment One to acquire eOne for about $4 billion, the biggest deal in Hasbro's history, according to data compiled by Bloomberg. / COURTESY HASBRO INC.

Hasbro buys Peppa Pig owner in $4B deal

NEW YORK – Toymaker Hasbro Inc. will buy Entertainment One Ltd. for about $4 billion, its biggest deal ever, according to data compiled by...
ALEX AND ANI has voluntarily dismissed its lawsuit against Bank of America. Above, Alex and Ani founder and CEO Carolyn Rafaelian. / PBN FILE PHOTO/RUPERT WHITELEY

Alex and Ani dismisses lawsuit against BofA

PROVIDENCE – Alex and Ani LLC has voluntarily dismissed its lawsuit against Bank of America that alleged sexism, ageism and discriminatory lending practices. The...

Five Questions With: Daniel Dwight

Daniel Dwight, CEO and president of Pawtucket’s Cooley Group, is now on the Manufacturing Leadership Council’s board of governors. It’s a network of industry...

Gripnail Corp. acquired by Texas firm Carlisle Hardcast

EAST PROVIDENCE – Gripnail Corp., which makes fastening solutions for the heating, ventilation and air conditioning industry, has been acquired by Carlisle Hardcast of...
HASBRO PLANS TO eliminate "virtually all plastic in packaging" of its products by the end of 2022. / COURTESY HASBRO

Hasbro to phase out plastic packaging

PAWTUCKET – Hasbro plans to phase out plastic from packaging for virtually all of its new products by the end of 2022, the company...

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...
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