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State launches new equipment grant program for manufacturers

R.I. COMMERCE CORP. and Gov. Daniel J. McKee on Thursday launched a new grant program to help local manufacturers defray the cost of purchasing equipment or machinery.

PROVIDENCE – A new state grant program is launching to help local manufacturers defray the cost of purchasing equipment or machinery. Gov. Daniel J. McKee and R.I. Commerce Corp. announced Thursday the new Manufacturing Equipment Grant Program reimburses manufacturing companies up to 50% of a cash purchase or a 50% down payment for a future

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