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Some worry McKee attack ads reinforce state’s bad business reputation

Gov. Daniel J. McKee’s latest campaign ad attacking former CVS Health Corp. executive Helena Foulkes has sparked a backlash from some in the business...

Italian cosmetics company to open manufacturing facility in Lincoln

LINCOLN – Italian professional cosmetics company Alfaparf Milano has acquired a manufacturing facility at 32 Wellington Road to help expand its industrial presence in...
THE NSF SEAFOOD Engine aims to grow New England’s historical seafood industry and tech sector into a more profitable pillars of the regional and national economy, officials say. / COURTESY UNIVERSITY OF RHODE ISLAND/ NORA LEWIS

NSF Seafood Engine in New England granted $15M to strengthen industry

PROVIDENCE – The NSF Seafood Engine in New England, a seafood industry technology initiative, has been awarded $15 million in federal funding to help...

Nabsys to begin build-out of new I-195 District headquarters

PROVIDENCE – State officials on Tuesday joined executives from Nabsys 2.0 LLC inside the 30,000 square-foot facility set to be built out and occupied...

R.I. Commerce Corp. awards $8M in tax credits and job incentives

PROVIDENCE – The R.I. Commerce Corp. board of directors on Monday awarded $8 million in Qualified Jobs Tax Credits and Innovation Voucher incentives to seven companies,...

R.I. Commerce Corp. accepting Wavemaker Fellowship applications until July 31

PROVIDENCE – Applications are now being accepted for the state’s Wavemaker Fellowship program, a student-loan reimbursement program for graduates in certain fields that aims...

REGENT completes world’s first seaglider manufacturing facility in N.K.

NORTH KINGSTOWN – REGENT Craft Inc. has completed the world’s first seaglider manufacturing facility in Quonset Business Park, the company announced Tuesday at the...

R.I. Senate confirms new Cannabis Control Commission chair

The independent state agency shaping the nascent cannabis industry is whole again, with a new chairperson confirmed by the Rhode Island Senate on its...

Providence’s World Cup festivities begin with opening of PVD FanZone

PROVIDENCE – City and state leaders officially opened the PVD FanZone Thursday, kicking off a 39-day celebration of the world's biggest sporting event. The free...
LOOKING AHEAD: Josh Daly, left, co-founder of Local Return, says the retirement of manufacturers without a succession plan is a “huge economic development issue.” With him is Nancy Forster-Holt, clinical associate professor at the University of Rhode Island’s College of ­Business. 
PBN PHOTO/­ELIZABETH GRAHAM

R.I.’s manufacturing sector braces for owner exits

A wave of retiring business owners is about to reshape Rhode Island manufacturing, where 80% are approaching an exit without clear succession plans. At least,...
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