News
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Pentair Electronic Packaging Expands Operations in Rhode Island, Adds 80 New Jobs
Thursday, December 4, 2008 - 14:22
Pentair Electronic Packaging has announced that the company will relocate several manufacturing product lines from Poway, California to the company’s Warwick, Rhode Island facility. The product line transfers will create additional new jobs at the Warwick site. The company expects the transfer to be completed by July 2009.
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Rhode Island Dubbed Marine-Business Friendly by Trade Only Today
Thursday, December 4, 2008 - 12:15
Trade Only Today, a daily trade magazine for marine professionals, recently cited Rhode Island’s small geographic footprint, with more than 400 miles of coastline, as a major advantage to the marine industry by offering easy and efficient access to a vast network to many of the best ocean technology companies and customers in the world.
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Rhode Island Ranks Fifth in Technology in Annual State Competitiveness Report
Thursday, December 4, 2008 - 11:52
Rhode Island now ranks fifth overall in technology according to the Beacon Hill Institute (BHI) at Suffolk University's "State Competitiveness Report 2008." The technology sub index category measures a state's R&D capacity, inhabitants with science and engineering degrees, the number of patents per 100,000 residents and National Institutes of Health support to institutions per capita.
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RIEDC Launches Small Business Survival Series
Tuesday, November 25, 2008 - 14:24
The Rhode Island Economic Development Corporation announced it will a host series of five seminars in December designed to help Rhode Island’s small businesses survive and thrive in tough economic times — RIEDC’s Small Business Survival Series.
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RIEDC Seeks Job Growth in Green Sectors, Focuses Renewable Energy Fund on Energy Independence and Economic Development Potential
Monday, November 24, 2008 - 17:34
The Rhode Island Economic Development Corporation (RIEDC) today announced its plans for managing the state’s Renewable Energy Fund (REF) and made a new commitment to stimulate job growth in green technology / green energy sectors of Rhode Island’s economy.
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Report Names Rhode Island Top Performer in the 2008 State New Economy Index
Tuesday, November 18, 2008 - 11:42
Rhode Island was cited as a top performer in the 2008 State New Economy Index, a report published by the Ewing Marion Kauffman Foundation and the Information Technology and Innovation Foundation (ITIF). Released today, the 2008 Index ranked Rhode Island 11th in the nation in a state-by-state analysis of how state economies are transitioning to economic development strategies that focus on the creation and retention of high-wage jobs in growth industries. Rhode Island has moved up four places from its 2007 Index position, and has moved up from 29th when the Index was first issued in 1999.
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Atrion Networking Corporation Expands Operations in Rhode Island
Wednesday, November 12, 2008 - 16:30
Atrion Networking Corporation has expanded its Rhode Island operations with the creation of its new Customer Interface Division. Utilizing Atrion’s cutting-edge business solution technologies, the CID allows businesses of all sizes a state-of-the-art approach to meeting current and future client demands.
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NUWC Awards $35M IT Contract to Three Aquidneck Island Companies
Wednesday, November 12, 2008 - 14:16
Rite-Solutions announced that along with its subcontractors Science Applications International Corporation and Systems Resource Management Inc., it has been awarded a contract by the Naval Undersea Warfare Center Division Newport to provide information technology support services. This contract has a total value of $35 million if all options are exercised.
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RIEDC Partners with Alternative Lenders and Growth Capital Experts to Help Rhode Island Businesses Find New Sources of Capital
Monday, 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.
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RIEDC Designates CVS Caremark Expansion a Critical Economic Project
Thursday, October 30, 2008 - 09:01
A $30-million expansion project proposed by CVS Caremark Corporation that would add more than 200 new jobs over the next two years has been assigned expedited permitting status by the Rhode Island Economic Development Corporation (RIEDC) board of directors.
