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...
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...
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...



















