Capital Goods

Five Questions With: Phil Ward

With senior population growth, or the “silver tsunami,” many baby boomers will hit retirement age at the same time. In the United States, manufacturers...
ORDERS PLACED with United States factories for business equipment fell in February for the third time in four months. / BLOOMBERG FILE PHOTO/SERGIO FLORES

U.S. business-equipment orders post third drop in four months

NEW YORK - Orders placed with United States factories for business equipment fell in February for the third time in four months, suggesting corporate...
THE DOW JONES INDUSTRIAL AVERAGE hit 2019 highs Monday after strong manufacturing data from China boosted sentiment that the global economy is not slowing down as much as has been anticipated. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

Rally lifts U.S. stocks to highest levels of year

NEW YORK – Stocks strengthened worldwide as strong manufacturing data out of the world’s second largest economy helped allay investor concern about a slowdown in...
THE INSTITUTE FOR SUPPLY MANAGEMENT index, a measurement of the health of the U.S. manufacturing industry, rose to 55.3 from 54.2 as three of five main components increased. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. factory gauge rises from two-year low on jobs advance

NEW YORK - A gauge of United States factories topped estimates in March, rising from a two-year low on strength in employment and orders...
TIFFANY & CO. has increased its staff by 2,300 employees since early 2017. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

Tiffany & Co. went on a multiyear manufacturing hiring spree

NEW YORK - Tiffany & Co. has quietly added thousands of manufacturing jobs over the past two years as it digs deeper into the...
LARGER SPACE: Edesia, a maker of food products for customers such as UNICEF that ship goods overseas to feed malnourished children, outgrew its original facility in Providence and made the move to the Quonset Business Park in North Kingstown in 2016, opening an 83,000-square-foot, high-tech factory. From left, Executive Director Maria Kasparian, founder and CEO Navyn Salem and HMI Controller Jorge Campos work in the factory.
 / PBN PHOTO/RUPERT WHITELEY

How much growth is left at Quonset?

Steven J. King rolls up in a company-issued sport utility vehicle to a graveled construction site in a wooded area, at the end of...

U.S. Jan. trade gap narrows as imports from China plummet

NEW YORK - The United States trade deficit pulled back in January from the widest level in a decade as imports from China plunged,...

RIMA talk to focus on certifications for lean, ISO and...

PROVIDENCE — Rhode Island Manufacturers Association will host a discussion on lean, ISO and Six Sigma continuous-improvement practices and their value on April 17...
RHODE ISLAND construction employment declined 0.5 percent year over year in February, ranking No. 40 in the nation for percent change in sector employment. / BLOOMBERG NEWS FILE PHOTO

R.I. construction employment declines in Feb.

PROVIDENCE – Rhode Island construction employment declined 0.5 percent year over year in February from 19,600 to 19,500, one of 14 states that saw...

Brand and Oppenheimer announces name change to Ocean State Innovations

PORTSMOUTH – Brand and Oppenheimer Co. has changed its name to Ocean State Innovations, the textile company announced.“In consideration of our corporate strategy and...
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