Friday, April 19, 2024

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Capital Goods

Kopin posts 3Q profit, record revenue

TAUNTON – Transistor and microdisplay maker Kopin Corp. (Nasdaq: KOPN) today posted a third-quarter profit of $1.5 million, compared with a year-ago loss of...

GTECH negotiating 5-year deal with South Dakota,<br> building new ticket-printing plant...

ROME and PROVIDENCE – GTECH Corp., which is gearing up to open a new instant-ticket printing facility next year in Florida, has been picked...
GOV. DONALD L. CARCIERI gave a brief tour of the Intermodal Train Station in Warwick before pushing for approval of the Transportation Bond that goes before R.I. voters on Nov. 4 as Question 1 on the general-election ballot. /

Intermodal station update a chance to push for R.I. transportation bond...

WARWICK – Gov. Donald L. Carcieri and R.I. Department of Transportation Director Michael P. Lewis today used a news conference touting Warwick’s Intermodal Train...
ELECTRONIC TOLLS will be accepted in any lane marked with the E-ZPass symbol, once RITBA launches the system on the Pell Bridge in mid-December. /

RITBA gets $500K to help with E-ZPass launch

JAMESTOWN – The R.I. Turnpike and Bridge Authority today received $500,000 in federal funding to help bring the E-ZPass electronic toll-collection system to...

AAA: Gas prices still falling in R.I., Mass.

PROVIDENCE – “Gasoline prices in Rhode Island continue to fall rapidly, with a 24-cent decline over the last week, and 49 cents in just...
A BETTER PLACE: Thomas A. Mann Jr., executive director of The Pawtucket Foundation, says that despite the economic crisis, projects are ongoing in the city. /

Foundation’s chief sees great future in Pawtucket

The Pawtucket Foundation, organized by leaders in the local business and nonprofit sectors, advocates for projects in Pawtucket that will spark economic development, improve...
State leaders join representatives of Neurotech Pharmaceuticals Inc., at the Oct. 21 ribbon-cutting ceremony for a 27,000-square-foot manufacturing facility in Cumberland. The privately held company focuses on developing sight-saving therapeutics for chronic retinal diseases. (READ MORE)   From left are Saul Kaplan, director of the R.I. Economic Development Corporation; Gov. Donald L. Carcieri; Neurotech CEO Ted Danse; Cumberland Mayor Daniel J. McKee; and Scott Gibbs, Economic Development Foundation president. /

Eyeing a brighter future

State leaders join representatives of Neurotech Pharmaceuticals Inc., at the Oct. 21 ribbon-cutting ceremony for a 27,000-square-foot manufacturing facility in Cumberland. The privately held...

Hasbro, Mattel expect decrease in 2009 profits

PAWTUCKET and EL SEGUNDO, Calif. – Hasbro Inc. and Mattel Inc. last week said that higher labor and production costs are hurting profit, Bloomberg...

Defense Department kills Textron Inc. program

WASHINGTON – The Defense Department has canceled the Army’s Armed Reconnaissance Helicopter, made by the Bell Helicopter division of Providence-based Textron Inc.,...
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Editorial Cartoon: Troll Bridge

A troll is pictured sitting in a toll booth with a sign on the front which reads, “Driveaways will be eaten.”
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