Survey: U.S. factories sink in May for third straight month
WASHINGTON (AP) – American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic.
The...
Industrious Spirit, Frog & Toad gift shop team up to produce...
PROVIDENCE – The Industrious Spirit Co. LLC, a manufacturer of gin, bourbon and vodka, has been producing hand sanitizer in its distillery to help...
U.S. wholesale prices drop record 1.3% in April
WASHINGTON (AP) – Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the...
SUMR Brands posts $1.2M loss in Q1
WOONSOCKET – Summer Infant Inc., doing business as SUMR Brands, reported a $1.2 million loss in the first quarter, or 57 cents per diluted...
Rubius Therapeutics posts $48.5M loss in Q1; prioritizes on oncology and...
CAMBRIDGE, Mass. – Rubius Therapeutics Inc. posted a loss of $48.5 million for the first quarter of 2020, or a loss of 60 cents...
Resh Inc. identifies site in Woonsocket for move to R.I.
WOONSOCKET – Resh Inc., a manufacturing company that plans to move to Rhode Island from Massachusetts, will locate in a newly constructed building near...
Honeywell begins N95 face mask production at Smithfield factory
SMITHFIELD – Production has begun on filtering face-piece respirators known as N95 face masks, according to technology giant Honeywell International Inc., the company making...
We Make RI to hold first segment of manufacturing job camp...
CRANSTON – Manufacturer-training organization We Make RI will start this year’s Manufacturing Job Camp with an online classroom segment followed by in-person participation, the...
Survey takes stock of R.I. manufacturers amid COVID-19 climate
PROVIDENCE – Polaris Manufacturing Extension Partnership conducted a survey of Rhode Island manufacturers and found that 36% would like to see social-distancing restrictions relaxed...
KVH reports $6.2M loss in Q1; steels for COVID-19 impact
MIDDLETOWN – KVH Industries Inc. reported a loss of $6.2 million in the first quarter of 2020, or 35 cents per diluted share, the...
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