U.S. factory output rebounds even without post-GM strike bump
WASHINGTON – United States factory production rebounded by more than forecast in November and rose excluding a surge in auto production following the end...
Electric Boat sub contract expected to increase R.I. jobs by 1,500...
PROVIDENCE – General Dynamics Corp.'s massive $22.2 billion Virginia-class submarine contract is expected to bring an additional 1,500 jobs to Rhode Island by 2025,...
Swarovski to open third retail store in R.I.
CRANSTON – Swarovski will open a 1,152-square-foot retail store at Garden City Center, according to the site’s management.
The opening is scheduled for spring 2020...
SUMR Brands appoints interim CEO
WOONSOCKET – Summer Infant Inc., doing business as SUMR Brands, has appointed Stuart Noyes interim CEO of the company, effective Dec. 16.
Noyes is currently...
U.S. manufacturers plan first pullback in investment since 2009
WASHINGTON – United States manufacturers expect to reduce capital spending in 2020, a trend that could limit a rebound in the sector even as...
UNFI agrees to sell 13 Shoppers food stores in mid-Atlantic...
PROVIDENCE — United Natural Foods Inc. announced Friday that it has entered into agreements to sell 13 of its 43 Shoppers Food & Pharmacy...
Debbie Wood is an entrepreneur unafraid to enter uncharted waters
The boats sold at Debbie A. Wood’s business, Warwick-based Wood Boat and Motor Inc., only go in one direction at a time. But that...
U.S. economy keeps defying the recession odds
It’s impressive how well the U.S. economy has held up during the past year. As early as 2018, leading indicators were suggesting a heightened...
Hexagon pledges $4M gift to URI
SOUTH KINGSTOWN – The University of Rhode Island will receive a technology gift valued at $4 million for the URI College of Engineering from...
AstroNova quarterly profit drops 67.8% Y/Y on industry headwinds
WEST WARWICK – AstroNova Inc. reported a $456,000 profit in its fiscal 2020 third quarter, a 67.8% decline year over year, the company said...
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