Manufacturing

FRIENDLY FOODS: Gerbs Allergy Friendly Foods in Johnston was named the Rhode Island and New England Small Business Manufacturer award winner as part of the 2019 Small Business Week, May 5-11, by the U.S. Small Business Administration. From left, Mark S. Hayward, SBA Rhode Island district director; Wendell Davis, SBA regional administrator; and Sennen G. Conte, co-owner and chief financial officer of Gerbs.
 / PBN PHOTO/MICHAEL SALERNO

Gerbs Allergy Friendly Foods breeds seeds of success

Gerbs Allergy Friendly Foods has been named the U.S. Small Business Administration’s Rhode Island and New England Small Business Manufacturer award winner as part...
SENSATA TECHNOLOGIES reported a profit of $85.1 million in the first quarter of 2019. / COURTESY SENSATA TECHNOLOGIES

Sensata profit falls 6% to $85M in Q1

ATTLEBORO – Sensata Technologies Inc., reported net income of $85.1 million in the first quarter of 2019, or 52 cents per diluted share, a...
THE INSTITUTE for Supply Management index, a gauge of United States factories, declined to 52.8 in April, the weakest level since late 2016. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. factory gauge falls to two-year low as orders cool

NEW YORK – A gauge of United States factories fell in April to the weakest level since late 2016, signaling that manufacturing headwinds extended...
ASTRONOVA PRESIDENT AND CEO Gregory A. Woods earned $1.7 million in fiscal 2019./ PBN FILE PHOTO/ MICHAEL SALERNO

AstroNova’s Woods earns $1.7M in fiscal 2019

WEST WARWICK – AstroNova Inc. President and CEO Gregory A. Woods was paid $1.7 million by the test and measurement, and product identification manufacturer...
GENERAL DYNAMICS CORP. reported a profit of $745 million in the first quarter. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics profit falls in Q1 to $745M

PROVIDENCE – General Dynamics Corp. reported a profit of $745 million in the first quarter of 2019, a 6.8% decline from $799 one year...
MEARTHANE PRODUCTS CORP. completed an acquisition of Morris & Broms, based in Cranston. Above, MPC President Pete Kaczmarek, left, with Mark Chase, the head of the company's new precision metals division, / COURTESY MEARTHANE PRODUCT CORP.

Mearthane Products acquires Morris & Broms in Cranston

CRANSTON – Mearthane Products Corp. has completed the acquisition of Morris & Broms LLC, a provider of precision stamping and sheet metal fabrication services,...
PRIMARY INVESTMENT: Gov. Gina M. Raimondo has made investments in people, such as through the Real Jobs Rhode Island program, a signature of her administration. Above, Megan Cortesi and Jeremy Demers learn how industrial systems handle liquids at the Westerly Education Center.
 / PBN FILE PHOTO/BRIAN MCDONALD

As always, it’s all about people when it comes to the...

Gov. Gina M. Raimondo understands that the best and most long-lasting investment is in people. From the Real Jobs Rhode Island program, to Rhode...
THE U.S. NAVY'S Columbia-Class Submarine project will be audited by the Pentagon’s inspector general on how well the Navy is overseeing development of the propulsion and steering system. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

Navy’s $128B nuclear sub project faces watchdog’s review

NEW YORK – The Pentagon’s inspector general plans to audit how well the U.S. Navy is overseeing development of the propulsion and steering...
TEXTRON INC. reported a profit of $179 million in the first quarter of 2019. / COURTESY TEXTRON INC.

Textron posts $179M profit in Q1

PROVIDENCE – Textron Inc. reported net income of $179 million, or 76 cents per diluted share, for the first quarter of 2019, a decline...
UNITED STATES factory production in March was unchanged from February after falling a revised 0.3 percent. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. factory output stalled in March as auto production dropped

NEW YORK - United States factory production stalled in March as motor-vehicle output declined, adding to signs of headwinds for manufacturing and economic growth...
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