Capital Goods

Leslie Taito
Hope Global CEO
Leslie Taito has worn many executive hats in Rhode Island: chief of staff at Hope Global; director of regulatory reform at the R.I. Office of Management and Budget; and CEO of R.I. Manufacturing Extension Services, among others. / PBN PHOTO/RUPERT WHITELEY

Allowing failure can lead to innovation

Leslie Taito | Hope Global CEO Recently, a bright, young employee came to me with an idea to improve a long-standing manufacturing process. He described...
NELIPAK CORP. has been acquired by Kohlberg & Co. from Mason Wells, and will now operate as Nelipak Healthcare Packaging.

Nelipak acquired by N.Y. private equity firm

CRANSTON – Nelipak Corp. Inc. has been acquired by Kohlberg & Co. LLC, a private equity firm headquartered in Mount Kisco, N.Y., the company...

Bagwell hired as business-development rep at Organic Dyes and Pigments

LINCOLN – Benjamin “Benji” Bagwell has joined Organic Dyes and Pigments as the company’s newest business-development representative, Organic Dyes announced.According to a company news...
THE INSTITUTE for Supply Management factory gauge index fell to 51.7 in June, showing signs of slowing growth while still indicating expansion. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. factory gauge drops less than forecast but orders stall

WASHINGTON – A gauge of United States factory activity fell in June by less than forecast as output and jobs improved though new orders...
ASTRONOVA INC. has been added to the Russell 3000 and the Russell 2000 Indexes.

Astronova added to Russell 3000 and 2000 Indexes

WEST WARWICK – AstroNova Inc. has been added to both the Russel 3000 index and the Russel 2000 index, as part of the 2019...
A PROJECT TO UPDATE signage, change exit numbers and replace structures along the Route 146 corridor between Interstate 95 and the Massachusetts border is set to begin in July.

Signage, exit numbers and structure replacements coming to Route 146

PROVIDENCE – All signage and structures along the Route 146 corridor will be replaced in a $9.6 million two-year effort, the R.I. Department of...

Polaris MEP to host free lunch and learn to discuss lean...

PROVIDENCE – Polaris MEP, which stands for manufacturing extension partnership, will host a free lunch and learn event on Thursday at 315 Iron Horse...
THE R.I. GENERAL ASSEMBLY passed bills authorizing up to $200 million in GARVEE bonds for the reconstruction of the viaduct that carries !-95 north through downtown Providence. Above, construction on the Providence Viaduct carrying I-95 south. / PBN FILE PHOTO/MICHAEL SALERNO

GA authorizes up to $200M for Providence Viaduct reconstruction

PROVIDENCE – The R.I. General Assembly over the weekend authorized up to $200 million in Grant Anticipation Revenue Vehicle bonds, or GARVEE bonds, for...
LANE SHIFTS and lane splits are coming to I-95 near exit 18 this summer. The changes are expected to create additional traffic at peak times.

Summer lane shifts, lane splits coming to I-95 near ProvPort

PROVIDENCE – Another lane shift is coming to Interstate 95 in Providence, the R.I. Department of Transportation announced Friday.A lane shift will be employed...
THE IHS Markit manufacturing Purchasing Managers’ Index slipped to 50.1 from 50.5, according to a preliminary report Friday. / BLOOMBERG FILE PHOTO/ MATTHEW BUSCH

U.S. factory index falls to fresh nine-year low

WASHINGTON – A gauge of United States factories fell in June to the lowest since late 2009 and hovered just above the threshold between...
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