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Fitch upgrades RIAC bond rating to ‘A-’

PROVIDENCE – The R.I. Airport Corp. has scored a financial hat trick this year. Fitch Ratings on Monday upgraded the quasi-public agency's $57 million of...

Quonset opens fully renovated Pier 2

NORTH KINGSTOWN – Following a six-year renovation process, Quonset's Pier 2 is complete, with enhanced capabilities to service cargo ships and the offshore wind...
REGENT CRAFT INC., a startup company now based in Massachusetts that's developing an on-the-water transport vessel called a "seaglider," is seeking tax credits worth up to $13 million from R.I. Commerce Corp. through the Qualified Job Tax Credit program. / RENDERING COURTESY REGENT CRAFT INC.

‘Seagliders’ developer seeks up to $13M in tax credits for move...

PROVIDENCE – A company with backing from Dallas Mavericks owner Mark Cuban that’s behind the development of “seagliders” – a new type of regional...

Fire subsides on huge cargo ship adrift in mid-Atlantic

LISBON, Portugal (AP) – A fire aboard a ship carrying cars in the mid-Atlantic is dying out, a Portuguese navy officer said Tuesday, and...

Electric Boat looks to hire 1,500 in R.I. this year

NORTH KINGSTOWN — General Dynamics Electric Boat is approaching 2022 with an emphasis on recruitment and training, including hiring an estimated 1,500 in Rhode...

Many can take a bow for Quonset’s success

The Quonset Business Park has been the leading engine of Rhode Island’s economic growth and job creation for years and continues to grow and...
THE R.I. COMMERCE CORP. board of directors is scheduled to meet Monday evening to consider $1.9 million in incentives under the Qualified Jobs Incentives tax credit program for GEV Wind Power US LLC to create roughly 125 jobs for work that includes maintenance of the Block Island Wind Farm as well as upcoming wind energy projects. / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER

Commerce RI to consider $1.9M in incentives for wind turbine maintenance...

PROVIDENCE – The R.I. Commerce Corp. board of directors is scheduled to meet Monday evening to consider up to an estimated $1.9 million in...

Quonset port poised for more growth in 2019

Quonset is the leading engine of economic development in Rhode Island and home to more than 200 companies and nearly 12,000 full- and part-time...
PROJECTS AKIN to the Block Island Wind Farm , developed by Deepwater Wind, will require significant port acreage. / BLOOMBERG FILE PHOTO/ERIC THAYER

Can R.I. ride wind-energy wave?

Rhode Island has invested heavily in its port infrastructure in recent years, to retrofit what had been created with the last century’s industries in...
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