Manufacturing

Aspen Aerogels Inc. reported a $6.5 million loss for the third quarter.

Aspen Aerogels posts $6.5M loss in Q3

NORTHBOROUGH, Mass. - Aspen Aerogels Inc. posted a $6.5 million loss for the third quarter, or 27 cents per diluted share, more than doubling...
THE HEDGE FUNDS that now own the Toys R Us brand are reportedly considering a relaunch of the toy retailer as a standalone operation next year. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

New Toys R Us owners said to mull physical stores next...

NEW YORK - The hedge funds that now own the Toys R Us brand plan to relaunch the toy retailer as a standalone operation next...
SEVERAL U.S. MANUFACTURING indicators declined in October. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. manufacturing gauge drops to lowest level in six months

NEW YORK - A gauge of United States manufacturing fell by more than forecast to a six-month low, as orders and hiring cooled amid escalating...
SUMMER INFANT reported net income of $118,000 in the third quarter. The company was substantially impacted by the Toys R Us bankruptcy.

Summer Infant reports profit despite Toys R Us bankruptcy hit

WOONSOCKET – Summer Infant Inc. reported a profit of $118,000 for the third quarter, or 1 cent per diluted share, a turnaround from its...
THE U.S. NAVY is proposing a 20 percent cut in its planned fleet of new hovercraft being built by Textron Inc.

Textron’s landing hovercraft cut 20% in U.S. Navy 5-year plan

NEW YORK - The U.S. Navy is proposing a 20 percent cut in its planned fleet of new hovercraft being built by Textron Inc....

Williston Northampton School names dorm after Taco CEO

CRANSTON – John Hazen White Jr., owner, CEO and executive chairman of Taco Comfort Solutions in Cranston, visited western Massachusetts, where a dormitory at...
MEARTHANE PRODUCTS has acquired Virginia-based Creative Urethanes, adding 20 employees and expanding the company into new markets. Above, Pete Kaczmarek, president of Mearthane Products. / PBN FILE PHOTO/MICHAEL SALERNO

Mearthane Products acquires Va.-based plastics fabricator

CRANSTON – Mearthane Products Corp. has acquired Creative Urethanes Inc., a plastics fabrications company based in Winchester, Va., the company announced Thursday.Mearthane said that...
BOTH HASBRO AND MATTEL warned investors in earnings calls this week that there are still more quarters of pain ahead after losing Toys R Us as a customer. / BLOOMBERG NEWS FILE PHOTO/JASON ALDEN

Not all fun and games for toymakers as Toys R Us...

NEW YORK - Major toymakers are still reeling from the loss of Toys R Us, even as retailers from Best Buy Co. to Party...
COMMITTED TO COLLABORATION: Mary Johnson, left, program manager for Polaris MEP and the Rhode Island Textile Innovation Network, speaks with Michael Woody, president of Trans-Tex and RITIN. In the background are Tanya Dumrongmanee, Polaris MEP program consultant, and Phil Ward, Polaris MEP project manager.
 / PBN PHOTO/MICHAEL SALERNO

RITIN setting textile manufacturers on right path

There could not have been a better place for the Rhode Island Textile Innovation Network to announce its official formation than historic textile-manufacturing hub...

Assembly Magazine nominates Nordson EFD Film-Pak for Product of the Year

EAST PROVIDENCE – Precision fluid-dispensing system manufacturer Nordson EFD had its Film-Pak cartridge for packaging and dispensing two-part fluids nominated for 2018 Product of...
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