Manufacturing

Proceeds from new Granny Squibb beverage to aid Save The Bay

PROVIDENCE – The Granny Squibb Co. LLC is giving a portion of the proceeds from its new organic iced-tea flavor – Charlie’s Cranberry –...

Toray Plastics to add new polypropylene film line in 2020

NORTH KINGSTOWN – Toray Plastics (America) Inc. will invest in a state-of-the-art, 8.7-meter polypropylene film line, including the construction of a new building to...
DECEMBER 2018's Current Conditions Index was measured at 50 - a 17-point decline from November and a 33-point decline year over year. The data was released Monday in the latest report from University of Rhode Island economist Leonard Lardaro. / COURTESY UNIVERSITY OF RHODE ISLAND

A drop from Nov., but CCI closes 2018 in neutral territory

SOUTH KINGSTOWN – After a double-digit climb in November, the December 2018 Current Conditions Index fell 17 points to a value of 50, according...
HASBRO REPORTED a profit of $220.4 million in 2018, a 44.4 percent decline from 2017. / COURTESY HASBRO

Hasbro earnings shrink to $220M in 2018, company pays $89M in...

PAWTUCKET – Hasbro Inc. reported a profit of $220.4 million in 2018, a 44.4 percent decline from $396.6 million in 2017, the company announced...

Sensata reports $599M profit in 2018

ATTLEBORO – Sensata Technologies Inc. reported a profit of $599 million in 2018, an increase from $408.4 million in 2017, the company reported Wednesday. Earnings...

Kenney Manufacturing investing $2M in technology, equipment

WARWICK – House Majority Leader K. Joseph Shekarchi, D-Warwick, recently toured Kenney Manufacturing along with representatives of Walmart Inc., recognizing Kenney as a great...
THE INSTITUTE for Supply Management index unexpectedly rose to 56.6 in January, beating estimates. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. factory gauge rises from 2-year low as orders recover

NEW YORK - A gauge of United States factories rose in January from a two-year low as measures of new orders and production snapped back...
PBN HAS ANNOUNCED the winners of the 2019 Manufacturing Awards.

PBN names Manufacturing Awards winners

PROVIDENCE – Michael Brandmeier, president and CEO of Toray Plastics (America) Inc., has been named the winner in the Strategic Leadership category of Providence Business...
RAYTHEON REPORTED a profit of $2.9 billion in 2018. / BLOOMBERG NEWS FILE PHOTO/ALASTAIR MILLER

Raytheon posts $2.9B profit in 2018

PORTSMOUTH – Raytheon Co. reported net income of $2.9 billion in 2018, a 44 percent increase from 2017, the company announced Thursday. Earnings per diluted...
GENERAL ELECTRIC STOCK jumped the most in almost a decade as the new CEO Larry Culp detailed his efforts to reduce the company’s debilitating debt load, fix the ailing power business and ease lingering uncertainties weighing on the shares. The company also announced a deal to settle a Justice Department probe into its defunct subprime-mortgage unit for less than investors had feared. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

GE soars most since 2009 as new CEO’s rescue plan gains...

NEW YORK - Larry Culp’s first appeal to General Electric Co. investors didn’t go so well back in October. This time it’s a different story. GE...
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