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ELECTRIC BOAT will receive up to $20 million in incentives for its initiative to nearly double its square-footage in the Quonset Business park and hire 1,300 workers in Rhode Island as it scales up its workforce to build the Colombia-class submarine for the U.S. Navy. Above the Virginia-class submarine, which Electric Boat also produces for the Navy. / COURTESY ELECTRIC BOAT

Is the state making a good investment with its offer of...

The announcement earlier this month that the state was offering up to $20 million in tax incentives to General Dynamics Electric Boat to expand...
A BELIEVER IN RHODE ISLAND: Amgen Rhode Island vice president of operations Tia Bush said that the company's decision to build a new plant in Rhode Island was "a testament to our skilled, dedicated workforce" at the company's West Greenwich manufacturing facility. / PBN FILE PHOTO/RUPERT WHITELEY

Tax incentives are back in the news with Commerce RI granting...

The R.I. Commerce Corp. has approved up to $9.2 million in incentives for Amgen Inc. to build a $165 million biomanufacturing plant in West...
PREPARING FOR SUCCESS: Amgen Rhode Island senior associates Devon Zayas, left, and Scott Lyons conduct a safety check prior to using a bioreactor at the company’s West Greenwich facility. / PBN PHOTO/

Commerce RI approves incentives for new Amgen biomanufacturing facility

PROVIDENCE – The R.I. Commerce Corp on Tuesday approved approximately $8.2 million in incentives with the possibility for up to $9.4 million in incentives for...
DO DEVELOPERS NEED HELPING HAND? Former Providence Mayor Joseph R. Paolino Jr. has taken advantage of tax-sta-bilization agreements to redevelop a number of city properties, including the more than 150-year-old Case-Mead Building. Without such incentives, Paolino said the city is “behind the eight-ball” when it comes to development. But some challenge the need for the tax breaks. / PBN FILE PHOTO/MICHAEL SALERNO

Providence TSA update needed to increase investment

For years Providence has had a justly earned reputation as one of the most difficult cities in which to develop real estate. Between costs,...

Progress has been made, more needed

Gov. Gina M. Raimondo’s Jan. 16 State of the State address was a chance to tout the advances made in the first three years...

R.I. needs high-paying jobs soon

Gov. Gina M. Raimondo’s administration has received a lot of heat for some of its economic-development initiatives, much of it based on the idea...
Gina M. Raimondo

Raimondo says PawSox deal ‘not unreasonable’ but not a ‘top priority’

PROVIDENCE — Gov. Gina M. Raimondo said Monday that securing state incentives for a new ballpark for the Pawtucket Red Sox is not a...
A new, 13-story apartment building over a parking lot at 169 Canal St. downtown has received approval for state incentives from the R.I. Commerce Corp./ COURTESY DBVW ARCHITECTS

Commerce RI approves $12.5M for new building, business incentives

PROVIDENCE — The state agency charged with attracting new business to Rhode Island agreed to award about $12.5 million in public incentives to three...
LINCOLN D. CHAFEE, the former governor of Rhode Island, recently announced he's mulling a run for president. / PBN FILE PHOTO/TRACY JENKINS

Is former Gov. Lincoln D. Chafee right to say tax incentives...

Former Gov. Lincoln D. Chafee is back in the public eye, opposing the spate of recent tax incentives that various state agencies have been...
DEALS WORTH MAKING: Gov. Gina M. Raimondo and Jeffrey S. Bornstein, right, senior vice president and chief financial officer for General Electric Co., faced the media following the announcement of GE Digital’s plans to bring 100 jobs to Providence.  / PBN FILE PHOTO/ MICHAEL SALERNO

Raimondo approach doing one thing Chafee’s didn’t: create jobs

One thing about former Gov. Lincoln D. Chafee – he’s consistent. Sort of like how he described himself during the presidential campaign, a “block...

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