Nautic Partners acquires Tenn. manufacturer
PROVIDENCE – Nautic Partners, a Rhode Island-based middle-market private equity firm, has acquired Ideal Tridon Group, a Tennessee manufacturer specializing in high-quality clamps, couplings...
PBN unveils 2025 Leaders & Achievers honorees
PROVIDENCE – Providence Business News has named 22 honorees for its 2025 Leaders & Achievers Awards program.
The individuals chosen for this year’s program –...
KVH sells its office building for $5.25M; to be converted into...
MIDDLETOWN – A new buyer has come through for KVH Industries Inc.’s large office building at 50 Enterprise Center.
Chris Watson, spokesperson for the technology...
Survey: R.I. manufacturers ‘beginning to suffer’ due to tariff increases
PROVIDENCE – Nearly 80% of Rhode Island manufacturers expect to adjust their prices in response to Trump administration tariffs, with nearly as many or more...
U.S. job openings in May hit 7.8M in a continuing display...
WASHINGTON (AP) – U.S. job openings rose unexpectedly in May, a sign that the American labor market remains resilient in the face of high...
Blackstone Distribution Center breaks ground in Pawtucket
PAWTUCKET – After years of clashing local concerns and state financial support, an upcoming "last mile" distribution facility has broken ground in Pawtucket.
The 160,000-square-foot...
Colo. firm purchases former Tri-Mack industrial site
BRISTOL – An industrial warehouse in the town's industrial park was recently purchased by a Colorado real estate firm.
The site, located at 66 Tupelo...
Polaris MEP issues survey to capture insights from manufacturing sector
PROVIDENCE – Polaris MEP is set to release a new edition of its "State of RI Manufacturing" study, which aims to provide an updated perspective...
SENEDIA awards five $2,000 scholarships to students pursuing defense careers
MIDDLETOWN – The Southeastern New England Defense Industry Alliance has announced the recipients of its 2025 scholarship program, awarding $2,000 each to five students...
R.I.’s 4.9% jobless rate in May the highest in New England
PROVIDENCE – Rhode Island’s 4.9% unemployment rate for May is the highest in New England and above the national rate of 4.2%, according to...
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