Tag: Karl Wadensten
Commerce Corp. awards tax credits to Blount foods for HQ move...
PROVIDENCE – R.I. Commerce Corp.’s board of directors on Monday unanimously approved $3.2 million in state tax incentives over 10 years for Blount Fine...
Apartment project at old Providence train station complex OK’d for incentives
PROVIDENCE – The owner of 36 Exchange Terrace is adding 16 market-rate apartments above the Union Station Brewery in 12,000 square feet of space...
R.I. has fallen behind in use of manufactured homes
As a housing crisis continues to rage throughout the U.S., a recent report notes that more residents are willing to live in nontraditional quarters...
Despite Cox lawsuit, state officials aren’t slowing on high-speed internet program
Rhode Island’s economic-development agency is forging ahead with a $108 million high-speed internet program, despite a lawsuit from Cox Communications contesting the data used...
ROBOTS RISING? Manufacturers mull employing tech as it gets smarter, cheaper
Enter igus Bearings Inc.’s newly opened facility in East Providence, and you’ll be met with the sounds of whirring and clangs typical of a...
Robots will eliminate jobs but create new ones too
Unions are understandably worried about job losses that will come as manufacturers turn to technology to curb costs and improve production and efficiency.
There’s no...
Business leaders express guarded optimism at economic outlook breakfast
WARWICK – Rhode Island business leaders and financial experts remain guarded on the region’s short-term economic prospects, agreeing Tuesday during the annual Economic Outlook...
READY AND ABLE: Older workers filling R.I. employment gaps
After 35 years in insurance marketing, the last 20 with Rhode Island-based Amica Mutual Insurance Co. managing multimillion-dollar campaigns, Eduardo Naya tried to retire.
It...
Report: R.I. leaders should tailor Investment Tax Credit to manufacturing
PROVIDENCE – A new state report on Rhode Island’s Investment Tax Credit shows that between 2019 and 2021 the program did not break even...
Employee benefits program launching for RIMA, RITA members
PROVIDENCE – For years Melissa Travis says rising costs have made it difficult for employers she’s worked with across Rhode Island to provide their...
