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Wednesday, December 12, 2018

Capital Goods

THE PRODUCER-PRICE INDEX in the U.S. increased 2.9 percent in October. The month-to-month PPI increase of 0.6 percent was the largest upswing since 2012. / BLOOMBERG FILE PHOTO/TY WRIGHT

Producer prices in U.S. increase in Oct. by most since 2012

NEW YORK - United States producer prices rose more than forecast in October for the biggest jump in six years on broad gains in...
POLARIS MEP has expanded the services it offers manufacturers, as well as the service partners it works with, to include marketing and sales, strategic planning, organizational development and cybersecurity.

Polaris MEP expands services for manufacturers

PROVIDENCE – Polaris MEP is expanding its services to include marketing and sales, strategic planning, organizational development, and cybersecurity, the nonprofit announced Thursday.The expanded...
PAWTUCKET MAYOR Donald R. Grebien, along with local officials, issued a call to action Wednesday for the state, Pawtucket, Central Falls and Hasbro to come together to find an economic package and agreement that would keep the toy company located in Pawtucket. / PBN PHOTO/CHRIS BERGENHEIM

Grebien calls on state and Hasbro to work together to keep...

PAWTUCKET – In a call to action, Pawtucket Mayor Donald R. Grebien Wednesday issued a plea to the Governor’s Office, R.I. Commerce Corp. and...

Arpin gets industry recognition for service, performance

WEST WARWICK – Arpin Group has been honored with multiple industry awards for its performance and service commitment to supply-chain partners, the company said...
CAREER PATH: Christopher L. Calderon, left, and Edwin A. Montas, project engineers at Gilbane Building Co., benefited from an early introduction to construction. Calderon, who remembers being treated to pizza parties with elementary school classmates at the company’s corporate office as recognition for good grades, said giving young people a chance to look beyond the careers of their parents is important. 
 / PBN PHOTO/MARK S. MURPHY

PBN on WJAR-TV, Nov. 5, 2018

White men still dominate construction, though some companies are committed to changing that.Every week, PBN Editor Mark S. Murphy appears on WJAR-TV NBC 10’s...
Aspen Aerogels Inc. reported a $6.5 million loss for the third quarter.

Aspen Aerogels posts $6.5M loss in Q3

NORTHBOROUGH, Mass. - Aspen Aerogels Inc. posted a $6.5 million loss for the third quarter, or 27 cents per diluted share, more than doubling...
WORK IS SET to advance on the 6-10 Connector Interchange project starting Nov. 9, resulting in multiple traffic pattern shifts that will last from months to years, with the entire project expected to be complete by the fall of 2023. In a photo taken in the summer of 2015, on one of the bridges of the interchange, just south of Westminster Street, temporary braces put in by the R.I. Department of Transportation 15 years ago were showing signs of deterioration. / PBN FILE PHOTO/ MICHAEL SALERNO

6-10 Connector Interchange work advances on Nov. 9; RIDOT sees delays

PROVIDENCE – Work on the 6-10 Connector Interchange reconstruction will advance starting Friday Nov. 9, which will result in traffic pattern changes, the R.I....
THE HEDGE FUNDS that now own the Toys R Us brand are reportedly considering a relaunch of the toy retailer as a standalone operation next year. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

New Toys R Us owners said to mull physical stores next...

NEW YORK - The hedge funds that now own the Toys R Us brand plan to relaunch the toy retailer as a standalone operation next...
SEVERAL U.S. MANUFACTURING indicators declined in October. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. manufacturing gauge drops to lowest level in six months

NEW YORK - A gauge of United States manufacturing fell by more than forecast to a six-month low, as orders and hiring cooled amid escalating...
SUMMER INFANT reported net income of $118,000 in the third quarter. The company was substantially impacted by the Toys R Us bankruptcy.

Summer Infant reports profit despite Toys R Us bankruptcy hit

WOONSOCKET – Summer Infant Inc. reported a profit of $118,000 for the third quarter, or 1 cent per diluted share, a turnaround from its...
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