Tuesday, April 23, 2024

TOPICS

Manufacturing

RHODE ISLAND'S unemployment rate dipped to 3.5% in December, down by one-tenth of a percentage from November, according to the R.I. Department of Labor and Training. /AP FILE PHOTO/NAM Y. HUH

R.I. unemployment rate dips to 3.5% in December

CRANSTON – Rhode Island’s seasonally adjusted unemployment in December was 3.5%, one-tenth of a percentage point lower from November, the R.I. Department of Labor...

Two more locations added to RI Ready industrial site program

PROVIDENCE – Two additional sites have been selected for the Rhode Island Ready pre-permitted industrial site readiness program, the Quonset Development Corp. recently announced. The...

U.S. consumer inflation eased again to 6.5% in December 

WASHINGTON (AP) – Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation's grip on the economy will continue to ease this...

Study: Providence businesses received more than national average in PPP loans

PROVIDENCE – City businesses received more than the national average of Paycheck Protection Program funds per capita, according to a study by Smartest Dollar. The...
RHODE ISLAND'S economy continued to slow in November despite marking 17 months of consecutive expansion, according to University of Rhode Island economist and professor Leonard Lardaro. / PBN FILE PHOTO/MICHAEL SALERNO

Lardaro: R.I.’s economic expansion continued to slow in November

PROVIDENCE – While Rhode Island marked its 17th consecutive month of economic expansion in November, the state's economy continued to show signs of slowing,...

Five Questions With: Richard Soule

Richard Soule is the vice president of business development at the R.I. Commerce Corp. Soule believes that the state’s Real Jobs RI initiative, which...
TAYLOR BOX CO. President Daniel Shedd is the third generation of his family to run the company. The Warren-based company has been acquired by European secondary packaging group, Pusterla 1880 SPA for undisclosed amount. / PBN FILE PHOTO/RUPERT WHITELEY

Warren-based Taylor Box acquired by European packaging group

WARREN – Family-owned manufacturer Taylor Box Co. has been acquired by a European secondary packaging group, Pusterla 1880 SPA, for an undisclosed amount.  Taylor Box...

U.S. hiring stays brisk as employers add 223,000 jobs 

WASHINGTON (AP) – America's employers added a solid 223,000 jobs in December, evidence that the economy remains healthy yet also a sign that the...
POWERS THAT BE: Peter Kaczmarek, president of Mearthane Products Corp. in Cranston, has decided to add rooftop solar panels to his facility in part because of concerns about increasing electricity rates in the region. 
PBN PHOTO/TRACY JENKINS

Firms fret about how big their power bills will grow

The massive milling machines and grinders used to make Hindley Manufacturing Co.’s signature wire hardware are power hungry, so it’s no surprise that President...

PBN’s most-read stories of 2022

From developments with the potential to reshape the landscape of Providence and a steady stream of million-dollar home sales across Rhode Island, to ongoing...
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