Consumer Products News
Governor Lincoln D. Chafee Hosts Community Business Outreach Forums in Pawtucket, West Warwick, and Cranston
January 17, 2012 - 11:43
In his continuing effort to address the fiscal challenges of Rhode Island’s cities and towns and revitalize Rhode Island’s economy, Governor Lincoln D. Chafee hosted three packed community forums this week in Pawtucket, West Warwick, and Cranston to hear from dozens of local small business owners and discuss ways to help them succeed, grow the economy, and create jobs for Rhode Islanders.
Secretary of State Mollis and the R.I. Economic Development Corporation Team Up to Cut Red Tape for Small Business
September 7, 2011 - 03:00
The two state agencies charged with making it easier to do business in Rhode Island are offering companies a unique opportunity to talk face-to-face with federal, state and local government officials.
Governor Lincoln D. Chafee Announces $500,000 RIEDC Loan Fund to Support Local Businesses Affected by Tropical Storm Irene
September 1, 2011 - 09:23
Governor Lincoln D. Chafee announced today the establishment of a $500,000 loan fund to assist Rhode Island businesses that have been affected by Tropical Storm Irene. The loans are being made available through the Rhode Island Economic Development Corporation’s (RIEDC) Small Business Loan Fund.
Governor Chafee, Legislative Leaders Join with Toray Plastics CEO to Announce $11.5-Million, 28-Job Expansion in Rhode Island
August 25, 2011 - 11:57
Governor Lincoln D. Chafee today joined with House Speaker Gordon Fox, Senate President Paiva Weed, Rhode Island Economic Development Corporation (RIEDC) Executive Director Keith Stokes, and Toray Plastics President and CEO Richard R. Schloesser to announce and celebrate the company’s planned $11.5-million expansion in Rhode Island, which will create 28 new jobs in the state.
Governor Chafee Joins Hasbro, Mayor Taveras, Legislative Leaders to Announce Company’s Job-Generating Expansion in Providence
July 18, 2011 - 20:14
Governor Lincoln D. Chafee Joins Hasbro, Mayor Taveras, Legislative Leaders to announce and celebrate the company’s job-generating expansion in Providence. Hasbro’s expansion at 15 LaSalle Square will bolster the city’s growing knowledge economy and create 284 new jobs.
Governor Lincoln D. Chafee to Lead Rhode Island Economic Trade Mission to Israel in November
June 6, 2011 - 13:22
Governor Lincoln D. Chafee announced that he will lead an official Rhode Island economic trade mission to Israel in November, the first Rhode Island business mission to that country in recent memory.
Governor Chafee Announces Approval of Program to Aid Expansion of Hasbro and Creation of 284 Jobs in Rhode Island
April 26, 2011 - 09:32
The Rhode Island Economic Development Corporation Board of Directors today approved a measure aimed at helping one of the state’s key employers create at least 284 full-time jobs in Rhode Island as part of an estimated $24 million expansion plan.
Governor Lincoln Chafee and RIEDC Executive Director Keith Stokes Announce Company Relocation
April 20, 2011 - 03:00
Governor Lincoln D. Chafee and Rhode Island Economic Development Corporation Executive Director Keith Stokes joined company management and other officials today to announce the relocation of Yardney Technical Products, Inc. from Pawcatuck, Conn. to East Greenwich, Rhode Island. The move will bring at least 165 advanced manufacturing jobs to the state.
RIEDC Board Approves Measures Aimed at Creating 286 Jobs by Boosting Innovation-based Small Businesses
November 22, 2010 - 17:07
The RIEDC Board of Directors approved financing and tax incentive measures for three Rhode Island small businesses that are expected to create 286 jobs in the state.
RIEDC Financing Aimed at Small Rhode Island Businesses Creating, Retaining 275 Jobs in Rhode Island
November 1, 2010 - 03:00
The RIEDC has helped 13 Rhode Island businesses obtain $23.2 million in financing since June 2010 with the goal to create or retain at least 275 jobs.
Secretary of State Mollis and RIEDC Team Up to Help Rhode Island Businesses Start, Grow and Expand
August 31, 2010 - 14:58
The RIEDC and Secretary of State A. Ralph Mollis will join together again to assist businesses in development, growth and expansion through the We Mean Business Expo on Wednesday, Sept. 8 from 10 a.m. to 5 p.m. at the Crowne Plaza in Warwick.
Senate Confirms RIEDC Executive Director Keith Stokes, New RIEDC Board Members
February 12, 2010 - 14:04
The Rhode Island Economic Development Corporation announced that Keith W. Stokes was unanimously confirmed as the agency’s executive director by the Senate. The Senate also confirmed Carcieri’s 12 nominees to RIEDC’s Board of Directors.
Governor Carcieri and RIEDC Unveil Statewide Strategic Plan for Office and Industrial Site Development
November 23, 2009 - 17:10
Governor Donald L. Carcieri and the Rhode Island Economic Development Corporation today announced the release of the “Statewide Strategic Plan for Office and Industrial Site Development.” The plan proposes general site development recommendations as well as more specific recommendations based on geographic area that will position Rhode Island to compete for new economic opportunities.
RIEDC Recognized for Marketing and Promotion Excellence
September 22, 2009 - 13:44
The RIEDC is the recipient of four marketing and promotional awards from the Northeastern Economic Developers Association’s (NEDA) 2009 Literature and Promotion Awards.
RIEDC Celebrates REF Grant Recipients
September 3, 2009 - 23:15
The Renewable Energy Fund recently awarded 17 grants to Rhode Island communities, organizations and businesses that will fund renewable energy development projects or feasibility studies. To highlight the diverse array of renewable energy projects, the RIEDC has been hosting local events where community members, business owners, government affiliates and media have been in attendance.
Mayor Cicilline Joins State Officials in Announcing Alteris Renewables Offices Locating in Providence
August 5, 2009 - 15:03
Mayor David N. Cicilline, along with state economic development officials, announced the opening of the new offices of Alteris Renewables, Inc. - the largest renewable energy systems installer in the Northeast – in Providence.
Slater-Backed Cardiorobotics Closes $11.6 Million Series A Financing
August 5, 2009 - 12:57
The Slater Technology Fund announced today that one of its portfolio companies, Cardiorobotics, Inc., has closed on an $11.6-million Series A financing. Slater participated in the financing round, which was led by Eagle Ventures.
CVS Caremark Partners with State and Local Agencies to Recruit and Train Pharmacy Techs for New Customer Care Center
July 16, 2009 - 10:41
CVS Caremark announced today that it is partnering with several state and local agencies in Rhode Island to recruit and train certified pharmacy technicians for jobs at its new Pharmacy Customer Care Center in Cumberland, RI.
Renewable Energy Fund Awards Grants to 17 Local Alternative Energy Projects
June 23, 2009 - 09:00
RIEDC's Renewable Energy Fund (REF) has awarded a total of $681,875 in grants to 17 local projects that will stimulate job growth in the green technology and green energy sectors of Rhode Island’s economy.
RIEDC, Rhody Fresh Announce Repayment of $125,000 SBLFC Loan by Rhode Island Dairy Farms Cooperative
June 15, 2009 - 14:55
The Rhode Island Economic Development Corporation today announced that a $125,000 Small Business Loan Fund Corporation loan was paid off in full by the Rhode Island Dairy Farms Cooperative (Rhody Fresh).
Rhode Island Companies Seek to Expand Composite Technology Expertise at 2009 SAMPE Show
May 28, 2009 - 09:39
The Rhode Island Economic Development Corporation, in partnership with Rhode Island organizations such as Goetz Custom Technologies, Resolute Racing Shells, Vulcan Catalytic Systems and the New England Institute of Technology showcased their composite technology capabilities and explored new market opportunities at the Society for Advancement of Material and Process Engineering (SAMPE) 2009 in Baltimore.
RI-CIE Launches in Providence as Resource for Entrepreneurs
April 28, 2009 - 09:59
The Rhode Island Center for Innovation and Entrepreneurship will formally open its headquarters at One Davol Square on Tuesday, April 28, 2009. RI-CIE is a cooperative effort among Providence, the state, Brown University, and business and economic development officials.
RIEDC 2009 Economic Growth Plan: Rhode Island, Working Again
March 24, 2009 - 10:28
RIEDC’s 2009 Economic Growth Plan proposes 10 concrete action items to accelerate the pace of job growth in our state.
Quonset’s Port of Davisville is North America’s 5th Largest Auto Importer
March 16, 2009 - 15:27
Quonset’s Port of Davisville now ranks as the fifth busiest auto importer in North America, according to new statistics compiled by PIERS Maritime Research Services and the Quonset Development Corporation (QDC).
Coty Inc. Signs Lease at Cumberland Commerce Center
March 16, 2009 - 14:53
The Economic Development Foundation of Rhode Island, Inc. (“EDFRI”) announced that Coty Inc. has signed a lease for 5,500 square feet in Cumberland Commerce Center, Building II, Highland Corporate Park, Cumberland, Rhode Island.
Rhode Island Companies Attend World's Largest Medical Trade Fair
December 22, 2008 - 15:10
In November 2008, the Rhode Island Economic Development Corporation partnered with the U.S. Commercial Service, a federal trade promotion unit of the International Trade Administration, to help four leading Rhode Island medical companies participate in the “Best of New England Pavilion” at MEDICA 2008 in Dusseldorf, Germany.
RIEDC Partners with Alternative Lenders and Growth Capital Experts to Help Rhode Island Businesses Find New Sources of Capital
November 10, 2008 - 12:14
RIEDC will host two financing educational seminars this month targeting the state’s small business community: “Navigating the Credit Crunch: Alternative Lending Sources” on Wednesday, November 19 at noon and “Financing Fast Growth” on Tuesday, November 25 at 10 a.m.
United Natural Foods, Inc. Announces Plans to Relocate Corporate Headquarters to Providence, R.I.
October 16, 2008 - 08:49
United Natural Foods, Inc. (UNFI) today announced plans to relocate its corporate headquarters in May 2009 from Dayville, Connecticut to Providence, Rhode Island. UNFI will combine executive and administrative offices by relocating approximately 150 employees to the American Locomotive Works development on Valley Street. UNFI will continue to maintain its presence in Dayville, where its distribution facility will remain its third largest facility on the East Coast and the sixth largest in the United States.
RIEDC Financing Program to Create 90 New Jobs in Rhode Island
July 30, 2008 - 08:48
The Rhode Island Economic Development Corporation’s Small Business Loan Fund (SBLF) has provided expansion capital loans totaling $1.75 million, enabling four Rhode Island businesses to create more than 90 new jobs.
Saul Kaplan: Budget Discipline is Good for R.I. Economy
July 7, 2008 - 13:34
The budget passed by the Rhode Island General Assembly and signed into law by Governor Carcieri is good for the state’s economy. Our 2008 Economic Growth Plan made clear that the state has to get control over its spending without raising broad-based taxes. The fiscal 2009 budget does exactly that. Do not underestimate how important this is to improving our business climate and stimulating job creation.
Boston’s Xconomy Commends R.I. Innovation Tax Credit
January 16, 2008 - 16:29
Boston/Cambridge-based “Xconomy” applauded the Rhode Island Science and Technology Advisory Council and the state for utilizing the Innovation Tax Credit, a targeted tax credit of up to $100,000, to stimulate investment in high-wage sectors.