Monday, March 27, 2023

TOPICS

Capital Goods

Hasbro expands Nerf Sports products internationally through new partnership

PAWTUCKET – Hasbro Inc., through a new partnership with a Massachusetts sporting goods manufacturer and retailer, will expand its Nerf Sports production and distribution globally, the companies announced...

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...

2023 U.S. recession now expected to start later than predicted 

WASHINGTON (AP) – A majority of the nation's business economists expect a U.S. recession to begin later this year than they had previously forecast,...

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...

U.S. revises down last quarter’s economic growth to 2.7% rate 

WASHINGTON (AP) – The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and...

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...
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