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THE HOME PRICE INDEX in Rhode Island increased 7.4 percent year over year in December, one of the fastest year-over-year growth rates in the country. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

R.I. Dec. HPI growth largest in N.E.

PROVIDENCE – The home price index for a single-family home in Rhode Island increased 7.4 percent year over year in December, the fastest growth...
THE SBA is accepting applications in Rhode Island for its Emerging Leaders program.

SBA calls for Emerging Leaders program applicants in R.I.

PROVIDENCE – The U.S. Small Business Administration Rhode Island District office is calling for applicants for its Emerging Leaders program, which provides business leaders...
PBN HAS ANNOUNCED the winners of the 2019 Manufacturing Awards.

PBN names Manufacturing Awards winners

PROVIDENCE – Michael Brandmeier, president and CEO of Toray Plastics (America) Inc., has been named the winner in the Strategic Leadership category of Providence Business...
THE PRICE OF A SINGLE-FAMILY home in Rhode Island in 2018 increased 5.9 percent year over year to $270,000. / BLOOMBERG FILE PHOTO/DERICK E. HINGLE

Median price of R.I. single-family home up 5.9% in 2018

PROVIDENCE – The median price of a single-family home in Rhode Island in 2018 was $270,000, a 5.9 percent increase from 2017’s $255,000 median,...
THE PORT OF DAVISVILLE in 2018 imported 280,387 vehicles, including 241,851 by ship. /PBN FILE PHOTO MICHAEL SALERNO.

Port of Davisville imports record 280,387 vehicles

NORTH KINGSTOWN – The Port of Davisville had a record year last year for auto imports, according to the Quonset Development Corp., receiving 280,387...
THE COMMERCE RI Board of Directors approved incentives for CV Properties and its construction of the Aloft Hotel in the I-195 Innovation District. Above on the right, an initial rendering of the hotel. Commerce also approved incentives for the relocation and staff hiring at Custom & Miller Box and approved five innovation vouchers Monday. / COURTESY ­WEXFORD SCIENCE & ­TECHNOLOGY

Commerce RI approves incentives for Aloft Hotel, Custom & Miller Box

PROVIDENCE – The R.I. Commerce Corp. board of directors approved incentives for CV Properties LLC and Custom & Miller Box, as well as Innovation...
GOV. GINA M. RAIMONDO announced the launch of a $1.45 million emergency loan fund for small businesses on Aquidneck Island directly impacted by the gas shutoff last week. / PBN FILE PHOTO/MICHAEL SALERNO

R.I., National Grid announce aid for Aquidneck Island small businesses

NEWPORT – Rhode Island has created a $1.45 million loan fund for small businesses directly affected by the gas outage on Aquidneck Island, Gov....
MAKING CONNECTIONS: Attending the business community's premier networking event, the annual PBN Book of Lists unveiling event, are from left, Jennifer Vinniti, JLV Consulting; Julie Freshman, MC Commercial; Joyce Fastino, The Personnel People; and Karen Brunner Lemke, RBC Wealth Management.

2019 Book of Lists premieres at Providence Public Library event

PROVIDENCE – Roughly 320 mingled and networked at Providence Business News’ event that unveiled the 2019 Book of Lists Thursday night at the Providence...
TEXTRON REPORTED $1.2 billion in profit in 2018, in part due to a $419 million post-tax gain from selling its Tools & Test Equipment product line. / COURTESY TEXTRON

Textron reports $1.2B profit in 2018

PROVIDENCE – Textron Inc. reported net income of $1.2 billion for 2018, nearly quadrupling its 2017 earnings of $307 million, according to a company...
NATIONAL GRID provided updates Wednesday on efforts to restore gas service to impacted customers in Middletown and Newport. The Newport system is still in the process of being shut down customer by customer. The small Middletown system is in the process of being re-lit after successful reintroduction of gas pressure over the evening. / PBN FILE PHOTO/ELI SHERMAN

National Grid provides update on gas restoration efforts

NEWPORT – On day three of the National Grid low-pressure gas service shutdown in Middletown and Newport, officials gathered to provide updates on the...
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