Wednesday, April 24, 2024

TOPICS

Manufacturing

R.I. Department of Health on underused COVID-19 treatment: ‘We have plenty...

PROVIDENCE – The vaccines that prevent serious illness with COVID-19 are in short supply in Rhode Island. Paradoxically, a treatment for mild to moderate COVID-19...

Health care equipment distributor CME signs 3-year contract with Magnet Group

WARWICK – CME Corp., a distributor of health care equipment to hospitals, physicians’ offices, government facilities and other clients, has been added as a...
GENERAL DYNAMICS CORP.'S marine systems segment, which includes General Dynamics Electric Boat, reported $10 billion in revenue, an increase of 8.7% year over year. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics earns $3.2B in 2020

PROVIDENCE – General Dynamics Corp. earned a profit of $3.2 billion in 2020, a 9.1% decline year over year, the company reported Wednesday. Earnings per...
TEXTRON INC. reported a profit of $309 million profit in 2020, a decline from $815 million one year prior. / COURTESY TEXTRON AVIATION

Textron posts $309M profit in 2020

PROVIDENCE – Textron Inc. reported a $309 million profit in 2020, a decline from $815 million one year prior, the company announced Wednesday. Earnings per...

Amgen, Veterans Assembled Electronics at STRAC Institute win Platinum Awards for...

PROVIDENCE – Biopharmaceutical manufacturer Amgen Rhode Island in West Greenwich and Veterans Assembled Electronics at the STRAC Institute in Providence each won a U.S....

American Cord and Webbing rebrands with new website, logo and tagline

WOONSOCKET – American Cord and Webbing Co., a manufacturer of narrow textile webbing, industrial sewing and injection-molded plastic hardware, has updated its branding. The family-owned...

Despite 2021 rate decreases, manufacturers criticize National Grid energy efficiency plan

PROVIDENCE – Thanks to unspent funds during the pandemic, National Grid Rhode Island customers will see the charges they pay to support energy efficiency...

SEA Corp. awarded 5-year, $36.4M contract from Navy

MIDDLETOWN – Systems Engineering Associates Corp. has been awarded a five-year, $36.4 million contract from the Naval Sea Systems Command Program Executive Office Submarines,...

North Kingstown’s Clarke Valve to begin production line in Saudi Arabia

NORTH KINGSTOWN – Industrial control valve maker Clarke Valve plans a production line in Saudi Arabia, in partnership with the Yusuf Bin Ahmed Kanoo...
NEW TASKS: Alexandria Kitsilis Cardoso, left, and Christine Kitsilis, co-owners of Angelo’s Palace Pizza in Cumberland, prepare food in the kitchen. Restaurant employees were cross-trained to become delivery drivers or cooks to keep them working when dining room sales dropped due to the COVID-19 pandemic. / PBN PHOTO/MICHAEL SALERNO

R.I. job market could take years to recover

Economists foresee a long, slow rebuilding period following the devastation of the COVID-19 pandemic, with the replacement of lost jobs in Rhode Island taking...
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