Manufacturing

ORSTED HAS ENTERED into an agreement with WindServe to build a crew transfer vessel at Senesco Marine at Quonset Business Park. / PBN FILE PHOTO/ROB WALSH

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, doing business as SUMR Brands, reported a $1.3 million loss in the first quarter of 2019. Above, a product from its newly launched Born Free brand. / COURESY SUMR BRANDS

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...
THE OWNER of a Providence-based jewelry manufacturer pleaded guilty to tax evasion on $399,593 in income in the 2015 tax year. / COURTESY CAROL M. HIGHSMITH

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 reported a loss of $6 million in the first quarter of 2019.

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...
FRIENDLY FOODS: Gerbs Allergy Friendly Foods in Johnston was named the Rhode Island and New England Small Business Manufacturer award winner as part of the 2019 Small Business Week, May 5-11, by the U.S. Small Business Administration. From left, Mark S. Hayward, SBA Rhode Island district director; Wendell Davis, SBA regional administrator; and Sennen G. Conte, co-owner and chief financial officer of Gerbs.
 / PBN PHOTO/MICHAEL SALERNO

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 TECHNOLOGIES reported a profit of $85.1 million in the first quarter of 2019. / COURTESY SENSATA TECHNOLOGIES

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...
THE INSTITUTE for Supply Management index, a gauge of United States factories, declined to 52.8 in April, the weakest level since late 2016. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

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 PRESIDENT AND CEO Gregory A. Woods earned $1.7 million in fiscal 2019./ PBN FILE PHOTO/ MICHAEL SALERNO

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...
GENERAL DYNAMICS CORP. reported a profit of $745 million in the first quarter. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics profit falls in Q1 to $745M

PROVIDENCE – General Dynamics Corp. reported a profit of $745 million in the first quarter of 2019, a 6.8% decline from $799 one year...
MEARTHANE PRODUCTS CORP. completed an acquisition of Morris & Broms, based in Cranston. Above, MPC President Pete Kaczmarek, left, with Mark Chase, the head of the company's new precision metals division, / COURTESY MEARTHANE PRODUCT CORP.

Mearthane Products acquires Morris & Broms in Cranston

CRANSTON – Mearthane Products Corp. has completed the acquisition of Morris & Broms LLC, a provider of precision stamping and sheet metal fabrication services,...
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