Durable goods orders rise for 3rd month in a row
Orders for durable goods recorded a third straight gain last month, the longest streak in almost two years, confirming that manufacturers will help buoy...
Getting to work: Public or private transit?
This week’s questions:
Friday, May 18, was Ride Your Bike to Work Day. Did you or any of your employees bike to work?
Does your...
Manufacturers’ leader sees<br> industry in peril
Along with running a 200-employee manufacturing company, Al Lubrano spends about a third of his free time advocating for manufacturers, especially in terms of...
Toray names first American executive VP
NORTH KINGSTOWN – Toray Plastics (America) Inc., a subsidiary of Japan-based Toray Industries, has promoted 17-year company veteran Richard Schloesser to the position...
Newport buys 5.3 acres in North End</br> from RIDOT for $1.5M
NEWPORT – The city has agreed to purchase a 5.34-acre North End parcel from the R.I. Department of Transportation, Gov. Donald L. Carcieri announced...
Durable goods rise for 3rd month, by 0.6%
WASHINGTON – New orders for durable goods last month increased 0.6 percent to $217.9 billion, slowing from March’s revised 5.0-percent rise, according to preliminary...
RIMES to move into RIEDC’s offices
For 11 years, the Rhode Island Manufacturing Extension Service – better known as RIMES – has helped the state’s manufacturers improve efficiency, revamp their...
Amgen plans securities sale, stock buyback
THOUSAND OAKS, Calif. – Amgen Inc. (Nasdaq: AMGN) today announced plans to offer three series of senior debt securities and to use the proceeds...
Nestor announces Danzell’s removal as CEO
PROVIDENCE – Nestor Inc. (Nasdaq: NEST) last night announced that William B. Danzell has been removed as CEO by the company’s board of directors,...
Astro-Med 1Q profit dips 3.9%, sales rise 4.9%
WEST WARWICK – For its fiscal first quarter, ended May 5, Astro-Med Inc. (Nasdaq: ALOT) reported a profit of $522,000 or 7 cents per...