Friday, September 4, 2026

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Manufacturing

KARL WADENSTEN, third from the left, CEO and president VIBCO Inc., speaks at the Providence Business News Workforce Development Summit on Thursday morning. Also on the first of two panels is, from left, Matthew Weldon, director of the R.I. Department of Labor and Training; Farouk Rajab, CEO and president of the Rhode Island Hospitality Association and the Rhode Island Hospitality Education Foundation; and Rosa Brito, workforce development manager for Brown University Health. PBN Editor Michael Mello, standing, moderated. PBN PHOTO/MIKE SKORSKI

PBN summit: Skills gaps, demographics challenges linger for R.I. workforce

PROVIDENCE – Rhode Island’s labor market is stable by the numbers, with unemployment below 5% for more than four years, yet for many employers,...
SENEDIA ANNOUNCED Wednesday that it has received a $195,500 grant from Real Jobs RI to continue its Defense Partnership Program. 

SENEDIA gets $195K grant from Real Jobs RI for Defense Partnership...

MIDDLETOWN – SENEDIA has received a $195,500 grant from Real Jobs RI to continue its Defense Partnership Program, the workforce development organization announced Wednesday.  The...
CRISTINA MÉNDEZ, the executive vice president and chief financial officer of Otis Worldwide Corp., has been elected to Textron’s board of directors. She will start Feb. 15. / COURTESY TEXTRON INC.

SEC filing of the week: Otis executive named to Textron’s board...

PROVIDENCE – Cristina Méndez, the executive vice president and chief financial officer at Otis Worldwide Corp., has been elected to Textron Inc.'s board of directors effective...

Senesco Marine lands ferry contract that will support 200 R.I. jobs

NORTH KINGSTOWN – Senesco Marine LLC has received a contract from the Delaware River and Bay Authority that the company says will support 200...
SERENDIPITOUS SPARK: Yolanda “Yolie” Rome left her role as an academic adviser at Brown University nearly two years ago and launched the Magnolia Soap & Bath Co. East Greenwich store after visiting a Magnolia store in Montana during a trip to see her son and being inspired to start her own store. 
PBN PHOTO/ELIZABETH GRAHAM

Everybody’s Business: She’s uniting people through soap making

(Editor’s note: This is the 66th installment in a monthly series speaking with minority business owners and leaders. Each will be asked their views...
HASBRO INC. on Tuesday posted a loss of $322.4 million for 2025. The company plans to move its headquarters from Pawtucket to the Seaport District in Boston by the end of the year. / COURTESY HASBRO INC.

Tariff-spurred accounting write-off gives Hasbro $322.4M loss in 2025

PAWTUCKET – Hasbro Inc. posted a loss of $322.4 million for 2025 after taking a $1 billion non-cash goodwill write-off in the second quarter...
STEPHAN VON Schuckmann, CEO of Sensata Technologies Holdings PLC. will see his annual based salary increase to $1.15 million effective July 1. His potential bonus will also increase. / COURTESY SENSATA TECHNOLOGIES

SEC filing of week: Sensata Technologies CEO approved for a raise

PROVIDENCE – The board of directors of Sensata Technologies Holdings PLC has increased the annual based salary of CEO Stephan von Schuckmann from $1.11...

Charcuterie Artisans opens innovation center in Rhode Island

PROVIDENCE – Charcuterie Artisans, the largest manufacturer of charcuterie products in the United States, has officially opened an Innovation Center at its Rhode Island...

SwimEx therapy pools anchor Cleveland Guardians’ clubhouse renovation

FALL RIVER – SwimEx Inc. was tapped by the Cleveland Guardians to upgrade the major league baseball team’s hydrotherapy facilities as part of a...

Paying forward the DNA of learning at URI

Walking into the classroom on the first night always feels new, no matter how many years I’ve done it. The desks are filled with seniors....
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