Fla. defense contractor opens $6M production facility at ProvPort
PROVIDENCE – Florida-based defense contactor and aerospace company L3Harris Technologies Inc. officially opened its $6 million maritime production facility at the Port of Providence on...
Providence Journal parent sees Q2 profit fall to $9.1M
PROVIDENCE – USA Today Co., parent company of The Providence Journal and several other local newspapers, on Thursday reported a second-quarter profit of $9.1...
U.S. employers unexpectedly cut 23K jobs amid strain from the Iran...
WASHINGTON (AP) – U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June....
Explosion at E.P. plant contributes to Aspen Aerogels’ Q2 $23.3M loss
EAST PROVIDENCE – Aspen Aerogels Inc. on Thursday reported a loss of $23.3 million in the second quarter that included a temporary plant shutdown,...
U.S. June job openings slip to 7.4 million
WASHINGTON (AP) – U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic...
Lardaro: Recession may be over in R.I.
PROVIDENCE – The recession may be over, with Rhode Island in the early stages of an economic recovery, University of Rhode Island economist Leonard...
Woonsocket hydro facility taps net-metering program to cut costs for R.I....
WOONSOCKET – A new net-metering initiative will give Rhode Island manufacturers and other commercial energy users access to electricity bill savings tied to power...
General Dynamics Electric Boat parent’s Q2 profit jumps 14%
NORTH KINGSTOWN – General Dynamics Corp., the parent company of General Dynamics Electric Boat, posted a $1.16 billion profit in the second quarter, a...
Taco Group Holdings acquired by London-based company for $1.4B
CRANSTON – Taco Group Holdings, a manufacturer of hydronic HVAC components founded in 1920, has been acquired by London-based Pentair PLC for $1.4 billion.
Pentair, a...
Textron posts $248M profit in Q2
PROVIDENCE – Textron Inc. reported a $248 million profit in the second quarter, a slight increase from $245 million a year ago.
The company on Tuesday posted...
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