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THE INSTITUTE for Supply Management index fell to 54.2 from 56.6 in February. BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. factory gauge falls to two-year low as orders cool

NEW YORK - A gauge of United States factories fell to a two-year low in February, cooling more than expected with a broad decline...
ON A MISSION: Minnie Luong, head of kimchi producer Chi Kitchen in Pawtucket, said it’s her mission to educate people about the unique Korean dish made from salted and seasoned fermented vegetables.
 / PBN PHOTO/RUPERT WHITELEY

Food entrepreneur finds future by connecting with the past

Minnie Luong, head of Chi Kitchen in Pawtucket, came to the United States as a small child, in dramatic fashion.“I was born on a...

IlluminOss breakthrough lands it in the biotech marketplace

For years regional business and governmental leaders have been touting the potential here for breakthrough life sciences and biotechnology ventures. This week, one of...
ACUSHNET HOLDINGS, parent company of the Titleist and FootJoy brands, reported a profit of $103.1 million in 2018. / COURTESY TITLEIST GOLF

Acushnet nets $103.1M in 2018, grows revenue

FAIRHAVEN – Acushnet Holdings Corp., parent company of the Titleist and FootJoy golf product brands, reported a profit of $103.1 million in 2018, a...
ASPEN AEROGELS reported a $34.4 million loss in 2018.

Aspen Aerogels reports $34.4M loss in 2018

NORTHBOROUGH, Mass. – Aspen Aerogels Inc. reported a loss of $34.4 million, or $1.45 per diluted share, in 2018 compared with a $19.3 million...

Textiles are still vital to R.I. economy

On Feb. 11, the Ocean State showed the textile industry a little love, holding its first Academic & Textile Industry Networking Fair.Included in its...
SUMMER INFANT, doing business as SUMR Brands, reported a $4.3 million loss in 2018. Above, an upcoming product from its Born Free brand. / COURESY SUMR BRANDS

Summer Infant reports $4.3M loss in 2018

WOONSOCKET – Summer Infant Inc., doing business as SUMR Brands Inc., reported a loss of $4.3 million in 2018, or 23 cents per diluted...
The manufacturing site at 373 Market St. in Warren has sold for $4.25 million./COURTESY CBRE GROUP INC.

Two industrial properties sold in Warren, Jade Plastics to relocate, expand

WARREN – Two industrial properties in Warren have been sold for a combined $8.6 million, CBRE Group Inc. announced Wednesday.The largest property, at 373...

RITIN partners with URI to host first textile and academic networking...

SOUTH KINGSTOWN – More than 200 people attended the first annual Academic & Textile Industry Networking Fair on Feb. 11 at the University of...

Polaris MEP to host safety workshop for manufacturers Feb. 21

PROVIDENCE – Polaris MEP will host the lunch-and-learn workshop, “Top Things to Consider When Implementing a Safety Program,” on Thursday from 11:30 a.m. to...
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