Monday, April 19, 2021


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SIGNIFICANT OPPORTUNITY: Elizabeth Manchester, an attorney at Partridge Snow & Hahn in Providence, said the baby-boom generation and impending transfer of wealth through deferred giving will create opportunities for nonprofits.

Nonprofits need plan to manage deferred giving

Royal Little did a lot with his life. When he died at age 92 in early 1989, the New York Times referred to him...
SCOTT C. DONNELLY is the CEO, chairman and president of Textron Inc., a global manufacturer based in Providence./ COURTESY OF TEXTRON INC.

Textron CEO made $14.8M in 2017

PROVIDENCE – Scott C. Donnelly, president and CEO of Textron Inc., made $14.8 million in 2017, representing a 17 percent increase from the previous...
HELICOPTER DELIVERIES will rise for a second year, extending a modest rebound after hitting a low in 2016. Sales hit a peak in 2013. / COURTESY BELL HELICOPTER

Helicopter deliveries to climb for second year, Honeywell says

NEW YORK - Helicopter deliveries will rise for a second year, extending a modest rebound after hitting a low in 2016 amid a decline in...
TEXTRON REPORTED 2017 INCOME of $307 million. Above, the 407GXP from Bell Helicopter. / COURTESY BELL HELICOPTER

Textron reports $307M profit in 2017

PROVIDENCE – Textron Inc. reported a $307 million 2017 year-end net income, a 68 percent decline from its $962 million profit in 2016, however,...

4 R.I. companies make WSJ’s Management Top 250

PROVIDENCE – Four Rhode Island companies were named to the Wall Street Journal’s Management Top 250 list Tuesday. The Wall Street Journal, in conjunction with...
TEXTRON FINANCIAL CORP., a subsidiary of Providence-based Textron Inc. that helps finance its parent company's exports such as helicopters, above, has fully paid off a $500 million loan with the federal government two years ahead of schedule, the U.S. Export-Import Bank announced. / COURTESY BELL HELICOPTER

Textron subsidiary pays off $500M loan with Ex-Im Bank

PROVIDENCE – The U.S. Export-Import Bank last week announced a financing subsidiary of Textron Inc. fully paid off a $500 million loan with the...

Textron nets $159M profit in Q3 on 7.2% revenue increase

PROVIDENCE – Textron Inc. reported net income of $159 million for the third quarter, a 62.2 percent decline from the same 2016 period, even...
PRIVATE JET PRODUCTION has outpaced demand creating a buyers market for used jets. Above, a Citation Sovereign + from the Cessna branch of Textron Inc. / COURTESY TEXTRON INC.

Private-jet glut spurs ‘insane’ bargains for aspiring buyers

NEW YORK - Corporate-jet makers are flooding the market, spurring deep discounts for new aircraft and fueling a three-year slide in prices of used...
TEXTRON INC. SUBSIDIARY Greenlee has introduced a new automated cable-cutting machine. The C3 Auto Whip machine, shown above, is designed to cut and notch cables more quickly and safely than manually operated machines. / COURTESY GREENLEE TEXTRON INC.

Greenlee Textron introduces cable-cutting machine

PROVIDENCE – Greenlee Textron Inc., an Illinois-based professional tool manufacturer and a division of Textron Inc., announced July 31 the launch of its new...
LISA ATHERTON WAS APPOINTED president and CEO of Textron Systems as the result of the previous CEO, Ellen Lord, being chosen for a U.S. Department of Defense leadership position.

Textron Systems gets new CEO after Lord appointed to the DoD

PROVIDENCE – Textron Inc. has appointed Lisa Atherton as president and CEO of Textron Systems Corp., a military-oriented division of Textron, the company announced...

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