Monday, September 7, 2026

TOPICS

Manufacturing

SEACORP awarded $41.9M naval contract for submarine trainer maintenance

MIDDLETOWN – SEACORP LLC was awarded a five-year, $41.9 million contract from the U.S. Navy for submarine trainer maintenance, or SUBTM, the company announced Tuesday. SEACORP...

Electric Boat continues to grow after ‘once in a generation expansion’

WARWICK – Over the past year, General Dynamics Electric Boat has hired at its fastest rate on record, with 3,900 shipbuilders added to its...
REWARDING JOB: Kristen ­Gossler, president of American Trophy and Supply Inc., has expanded the business with her husband, Peter Cameron, since buying it from her parents in 1990. 
PBN PHOTO/MICHAEL SALERNO

She’s succeeding by giving all the accolades to others

For some, the path that life takes can emerge early on. For Kristen Gossler, it began unfolding when she was so small she could...

Rubius Therapeutics files for liquidation and dissolution

SMITHFIELD – Massachusetts-based Rubius Therapeutics Inc., which sold its Rhode Island facility earlier this month after reporting financial hardships, has filed for liquidation and...

Raimondo seeks to rally U.S. behind $52 billion chip program 

WASHINGTON (AP) – On State of the Union night, Commerce Secretary Gina M. Raimondo strode down the aisle and found her seat in front...

Honeywell to close Smithfield factory, 122 workers to be laid off

SMITHFIELD – Honeywell International Inc. is shutting down its Smithfield factory in November, with 122 workers set to lose their jobs. The manufacturing company gave...

Cadence adds manufacturing, financial firm partnerships

CRANSTON – Manufacturer Cadence Inc. has partnered with Connecticut-based Utitec Inc. and Cleveland investment banking and financial advisory firm Brown Gibbons Lang & Co. LLC as the firm expands...
UNCHARTED TERRITORY: Bill Krarmer is the president of US Extruders Inc. in Westerly, which recently applied for an R.I. Commerce Corp. grant to work on recycling old fishing nets as plastic material for new products.
PBN PHOTO/MICHAEL SALERNO

Starting over hasn’t curbed manufacturer’s desire to improve, innovate

(Editor’s note: This is the sixth installment in a monthly series highlighting some of the region’s ­unsung manufacturers that make products essential to the...

Aspen Aerogels reports $82.7M loss in 2022

PROVIDENCE – Aspen Aerogels Inc. incurred an $82.7 million loss in 2022, a deeper plunge from a $37.1 million loss in 2021, the company...

Hasbro Inc.’s profits fall 53% to $203.5M in 2022

PAWTUCKET – Hasbro Inc. posted a $203.5 million profit in 2022, a 53% decline in net earnings from 2021, the company reported on Thursday. Revenue...
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