Providence metro area is 170th ‘best performing’
SANTA MONICA, Calif. – The Providence-New Bedford-Fall River metropolitan area fell 20 slots this year to No. 170 in the Milken Institute / Greenstreet...
AS220 teams with MIT on new Fab Lab
PROVIDENCE – The nonprofit community arts group AS220 is planning to join a high-profile Massachusetts Institute of Technology initiative that will bring a hands-on...
R.I. posts $54M in tax credits in FY2008
PROVIDENCE – A total of roughly $54 million in state tax credits and incentives were claimed in the fiscal year ended June 30, the...
Textron to sell its Fluid & Power group for $645M
PROVIDENCE – Textron Inc. (NYSE: TXT) today announced it has reached a “definitive agreement” to sell its Textron Fluid & Power group to U.K.-based...
Slater Fund invests $3.1M in 11 startups
PROVIDENCE – The Slater Technogy Fund completed or approved a total of $3.1 million in investments in 11 Rhode Island-based technology ventures in the...
Five Questions With: Albert W. Ondis
Albert W. Ondis has been the CEO of Astro-Med, the specialty electronics manufacturer in West Warwick, since it launched two years after he founded...
Textron unit wins $11.9M Army Guard contract
HUNT VALLEY, Md. – The Army National Guard has awarded a $11.9 million contract to Textron subsidiary AAI Corp. to support training of Guard...
Study says Verizon has best call quality in Northeast
WESTLAKE VILLAGE, Calif. – For the eighth consecutive time, Verizon Wireless has been named the mobile phone carrier with the best wireless call quality...
N.E. Tech sector stays strong, Fed reports
BOSTON – Profit margins stayed high and revenue was flat or better at software and information technology firms in New England in the second...
Covidien seeks tax breaks for $20M expansion
MANSFIELD, Mass. – Covidien Ltd., the large medical devices and supplies company, is seeking state and local tax breaks as an incentive for the...