R.i. Carbide Tool Co. - Providence Business News

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Smithfield industrial property on 9.47 acres sells for $2.25M

Real Estate 02/18/2026

SMITHFIELD – An industrial flex property on Farnum Pike recently sold for $2.25 million, according to Sweeney Real Estate & Appraisal, which represented the...

TALKING SHOP: John Lombari, right, sold his manufacturing company, R.I. Carbine Tool Co. based in Smithfield, earlier this year. Lombari speaks with Danny Loiselle, CNC machine programmer/operator. / PBN PHOTO/MICHAEL SALERNO

M&A activity seen rising in 2018

Entrepreneurship 01/19/2018

John Lombari bought R.I. Carbide Tool Co., a Smithfield manufacturer of cutting-tool technology, 25 years ago. Last March, he sold the company with an...

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