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IN SESSION: CEO and President Karl Wadensten, right, leads a meeting of employees at VIBCO.
 / PBN PHOTO/RUPERT WHITELEY

VIBCO spurs its employees to stretch their limits

VIBCO Inc. Workforce Development & Productivity | 2019 Manufacturing Awards There aren’t too many companies that can claim their products have been to the moon,...

PBN on WJAR-TV, Dec. 31, 2018

2018 was good, but much to be done Every week, PBN Editor Mark S. Murphy appears on WJAR-TV NBC 10’s Coffee Break to discuss the...
FUTURE OUTLOOK: Business and nonprofit leaders in Rhode Island meet with Providence Business News Editor Mark S. Murphy to discuss 2018 and where the state is headed. Starting at the head of the table, background, from left, clockwise: Murphy; Providence College Dean of the School of Business Sylvia Maxfield; VIBCO President Karl Wadensten; Washington Trust Bancorp President and Chief Operating Officer Mark K. W. Gim; Crossroads Rhode Island President and CEO Karen A. Santilli; Blue Cross & Blue Shield of Rhode Island Executive Vice President, General Counsel and Chief Administrative Officer Michele B. Lederberg; and Gilbane Building Co. President and CEO Michael E. McKelvy.
 / PBN PHOTO/RUPERT WHITELEY

2018 was a good year, but much work is to come

On Dec. 14, Providence Business News Editor Mark S. Murphy sat down with six leaders of the Rhode Island business and nonprofit community to...

From disengaged to strength leader

The effort to tap into workers’ intrinsic strengths is taking root across Rhode Island, fueled by training and tours offered through Leadership Rhode Island. The...
CONCERNED: Dave Waldeck, left, fabrication supervisor at VIBCO Vibrators in Richmond, speaks with CEO Karl Wadensten. VIBCO uses aluminum and steel in about 75 percent of its products and is scrambling to find enough supply and to find an agreeable price for future shipments. / PBN PHOTO/­MICHAEL SALERNO

VIBCO wary of tariffs on steel, aluminum

In theory, manufacturers in Rhode Island who primarily use American-made steel shouldn’t be penalized for the placement of new tariffs on imported steel and...
IT’S A LOCAL STORY: Higher minimum wages do not seem to have hurt New ­England excessively – three states have among the lowest 10 jobless rates in the nation. And Massachusetts, with the third-highest minimum wage in the nation, comes in at No. 17 for lowest jobless rate in the nation. No one ever said New England followed all the national trends.

Higher minimum wage correlates slightly with higher unemployment

One of the primary arguments against raising the minimum wage is that employment will drop, especially among young, entry-level workers. A cursory look at the...

Is transparency bad for tourism?

Trudy Coxe, CEO AND EXECUTIVE DIRECTOR of the Preservation ­Society of Newport County, sees a problem with a lack of transparency in the state’s...

R.I. pitched as ‘Fun-Sized’

“Marketing is not a logo, it is not a brand,” said R.I. Commerce Corp. Chief Marketing Officer Lara Salamano, discussing the agency’s decidedly low-key...
TEAM APPROACH: Donald R. Nokes, president and founder of NetCenergy, an information technology services firm, converses with employees at their Cranston office. From left, Kelsey Nokes, manager, business systems; Greg Morrell, network engineer; Donald R. Nokes, president; and Chris Aloisio, lead engineer. / PBN PHOTO/MICHAEL SALERNO

Outsourcing helps keep businesses competitive, but is it hurting job growth?

Donald R. Nokes started NetCenergy, an outsourced information technology firm, about 14 years ago. Today, from its headquarters in Cranston, the company provides IT support...
POPULAR RACE: Boats skim the water during the Team Vestas Wind In-Port Race in Newport at the Volvo Ocean Race in May 2015. The race contributes to making Newport an attractive touring destination.   / COURTESY VOLVO OCEAN RACE/AINHOA SANCHEZ

Eighteen months after the ‘Cooler & Warmer’ debacle, does R.I....

When Portsmouth-based Rail Explorers USA, which offers unusual tours on recumbent bicycles along abandoned rail lines, got some national press in late July, business...
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