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THE R.I. COMMERCE CORP. board of directors will consider $399,330 in Innovation Vouchers and $225,000 in Network Matching Grants. Above, Jesse Saglio, president of Commerce RI. / PBN FILE PHOTO/MICHAEL SALERNO

Commerce RI board approves $399K in innovation vouchers

PROVIDENCE – The R.I. Commerce Corp. met Thursday afternoon and approved Innovation Vouchers for eight companies and Network Matching Grants for two companies.Commerce RI...
OPPORTUNITY ZONE: Chris Vitale, community-development coordinator for Bristol, stands on Hope Street, one of the areas recently approved by the Treasury Department as an opportunity zone, which will be marketed to developers as a place for ­investment. / PBN PHOTO/MICHAEL SALERNO

Treasury Department approves R.I.’s 25 census tracts for opportunity-zone program

In mid-April, R.I. Commerce Corp. identified 25 low-income census tracts across 15 cities and towns in Rhode Island as opportunity zones, including Bristol’s tract...

Hyatt Place Warwick hotel near T.F. Green Airport now open

WARWICK – The 120-room Hyatt Place Warwick hotel has opened near T.F. Green Airport, a $23.8 million project.It is the 17th hotel in Warwick,...
INFINITY MEAT SOLUTIONS is proposing a food-manufacturing facility for Rhode Island. It is an affiliate of Netherlands-based food retailer Ahold Delhaize.

$110M food-manufacturing facility proposed for Rhode Island

PROVIDENCE – A company affiliated with the massive Dutch food-industry retailer Ahold Delhaize is seeking nearly $2 million in state corporate incentives to locate...
DARIN EARLY, former Commerce RI president and chief operating officer, has been hired as Gilbane Development Co.'s managing director of public-private partnerships in its Providence office. / PBN FILE PHOTO/MICHAEL SALERNO

Gilbane hires Darin Early as managing director of public-private partnerships

PROVIDENCE – Gilbane Development Co. announced Tuesday that it has hired former president and chief operating officer of the R.I. Commerce Corp. Darin Early...
THREE LOCAL MANUFACTURERS were recently approved by Gov. Gina M. Raimondo and the R.I. Commerce Corp. board of directors to receive Innovation Vouchers, bringing the program's total to 50 awarded vouchers representing $2.3 million in investment.

3 manufacturers round out Innovation Voucher recipients at 50

PROVIDENCE – Three late Monday additions to the roster of Innovation Voucher recipients, all within the manufacturing industry, have brought the total to 50, representing...
OPPORTUNITY ZONES: A map of the nominated census tracts in Rhode Island that Gov. Gina M. Raimondo submitted to the U.S. Treasury Department as Opportunity Zones, areas in which investors become eligible for tax incentives for investing in real estate projects or businesses. / COURTESY COMMERCE RI

Raimondo nominates 25 R.I. investment ‘opportunity zones’ to U.S. Treasury Department

PROVIDENCE – In the federal Tax Cut and Jobs Act of 2017, there was a provision designed to encourage investment in low-income areas that...
AVTECH SOFTWARE INC. is among three companies confirmed for a United Kingdom trade mission in September. Above, Rich Grundy, right, president of AVTECH Software, talks about the company’s new Active Power Sensor with Marketing Manager Russel Benoit, left, and company founder and CEO Michael Sigourney. / PBN FILE PHOTO/RUPERT WHITELEY

R.I. trade mission to U.K. set for Sept.

PROVIDENCE – A trade mission for Rhode Island companies to visit Scotland and northern England, organized by the John H. Chafee Center for International...
BANNER EVENT: Sail Newport Executive Director Brad Read, this year’s Volvo Ocean Race stopover executive director, and Sue Maffei Plowden, race event director, stand on the porch of the Sail Newport Sailing Center with the banner for Volvo Ocean Race Newport. The city is the lone North American stopover for the 2017-18 international race.

Will experience pay off as Newport prepares to once again host...

Martha Parker looks back fondly on the 2015 Volvo Ocean Race Newport stopover and the favorable impact it had on her foul-weather sailing gear...
A BELIEVER IN RHODE ISLAND: Amgen Rhode Island vice president of operations Tia Bush said that the company's decision to build a new plant in Rhode Island was "a testament to our skilled, dedicated workforce" at the company's West Greenwich manufacturing facility. / PBN FILE PHOTO/RUPERT WHITELEY

Tax incentives are back in the news with Commerce RI granting...

The R.I. Commerce Corp. has approved up to $9.2 million in incentives for Amgen Inc. to build a $165 million biomanufacturing plant in West...
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