Underlying U.S. producer-price inflation stayed muted in April
NEW YORK – A measure of underlying United States inflation-pipeline pressures rose by less than forecast in April, suggesting Federal Reserve officials may need...
U.S. factories are less upbeat on 2019 sales on hiring, tariffs
NEW YORK – United States manufacturers remain upbeat about sales this year, though less so than before as a majority say hiring remains difficult...
Orsted to build crew transfer vessel at Senesco Marine
NORTH KINGSTOWN – Orsted U.S. Offshore Wind has entered into an agreement with WindServe Marine LLC to construct a Crew Transfer Vessel at WindServe’s...
Summer Infant reports $1.4M loss in Q1
WOONSOCKET – Summer Infant Inc., doing business as SUMR Brands, reported a loss of $1.4 million in the first quarter of 2019, or 7...
Providence jewelry manufacturer pleads guilty to tax evasion
PROVIDENCE – Byron Urizar, of Lincoln, owner of a Providence jewelry manufacturing company, pleaded guilty to tax evasion in U.S. District Court Friday.
Urizar, who...
Aspen Aerogels reports $6M loss in Q1
NORTHBOROUGH, Mass. – Aspen Aerogels Inc. reported a $6 million loss in the first quarter of 2019, or 25 cents per diluted share, an...
Gerbs Allergy Friendly Foods breeds seeds of success
Gerbs Allergy Friendly Foods has been named the U.S. Small Business Administration’s Rhode Island and New England Small Business Manufacturer award winner as part...
Sensata profit falls 6% to $85M in Q1
ATTLEBORO – Sensata Technologies Inc., reported net income of $85.1 million in the first quarter of 2019, or 52 cents per diluted share, a...
U.S. factory gauge falls to two-year low as orders cool
NEW YORK – A gauge of United States factories fell in April to the weakest level since late 2016, signaling that manufacturing headwinds extended...
AstroNova’s Woods earns $1.7M in fiscal 2019
WEST WARWICK – AstroNova Inc. President and CEO Gregory A. Woods was paid $1.7 million by the test and measurement, and product identification manufacturer...
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