Supply Chain - Page 2 of 5 - Providence Business News

U.S. supply chain under threat as unions, railroads clash

Economic Activity 11/21/2022

OMAHA, Neb. (AP) – Railroad engineers accepted their deal with the railroads that will deliver 24% raises but conductors rejected theirs, threatening the health...

Polaris MEP nets $6M grant, renews federal partnership

Manufacturing 10/18/2022

PROVIDENCE – Polaris MEP has secured a $6 million grant from the U.S. Department of Commerce's National Institute of Standards and Technology, renewing its...

BUSINESS TRIALS: Cumberland-based Neurotech Pharmaceuticals Inc. has been among the companies dealing with supply chain and hiring challenges. Pictured above are CEO Richard Small and process development engineer Lovisa Selander.  PBN FILE PHOTO/RUPERT WHITELEY

PBN survey: Businesses beat down but still fighting

Coronavirus 09/30/2022

The worst of the health-related ravages of the pandemic may be over nationally if you believe President Joe Biden. But the economic consequences continue...

Businesses addressing future risks based on pandemic experience

Advice 06/24/2022

Small-business owners in Rhode Island and across the country are reporting inflation and supply chain disruptions are impacting their businesses in big ways, according...

U.S. added 428,000 jobs in April despite surging inflation

Economic Activity 05/06/2022

WASHINGTON (AP) – America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages,...

GROWTH FACTOR: Jack Falvey, chief operating officer at Falvey Insurance Group in North Kingstown, has been involved in and responsible for growing the company’s portfolio by 158% over the past five years. / PBN PHOTO/TRACY JENKINS

Falvey leads insurer group to the next level

Financial Services 04/29/2022

2022 C-Suite Awards: Rising Star | Jack Falvey,Falvey Insurance Group chief operating officer The global shifts created by the COVID-19 pandemic brought a new, unfamiliar...

CME CORP., formerly known as Claflin Medical Equipment, signed a five-year $49.5M contract with the U.S. Department of Defense./ COURTESY CME CORP.

Medical industry suppliers warn of ‘med-inflation’

Business Services 03/02/2022

PROVIDENCE – Supply chain woes have hit consumers and businesses, now it’s about to provide some discomfort in the medical industry. “Med-inflation” is currently on...

THE FORECASTERS: Panelists participating in PBN’s Economic Trends Summit on Feb. 10 discuss what the future holds for Rhode Island’s economy. Clockwise from top left are PBN Editor Michael Mello, who served as moderator; Thomas Sweeney, owner of Sweeney Real Estate and Appraisal; Jeffrey Diehl, CEO and executive director for the Rhode Island Infrastructure Bank; Thomas Tzitzouris, head of fixed income research for Strategas Research Partners; Elizabeth “Betty” Robson, CEO of J.F. Moran Co.; and Craig Pickell, chairman and CEO of Bullard Abrasives Inc.

Plenty of challenges ahead, but which to solve first?

Education 02/18/2022

Inflation. Supply chain bottlenecks. Worker shortages. The pandemic-induced fires are spreading fast, and companies are struggling to figure out which ones to put out first. Local...