Projo Biz Blog

January 10, 2008 Archives


Providence and Worcester Railroad gets $5.5 million investment

4:56 PM Thu, Jan 10, 2008 | | Write a comment
By Tim Barmann    Email

The Providence and Worcester Railroad Company said today that a railroad car provider has agreed to invest $5.5 million in the company, in exchange for about 5 percent of newly-issued shares of common stock. The investment was made by GATX......

social bookmarking


Update: Labor director Orefice taking new state job

4:32 PM Thu, Jan 10, 2008 | | Comments (1)
By Benjamin N. Gedan    Email

Adelita Orefice, the state Department of Labor and Training director, is leaving the position, telling staff today she has decided to take a new job as deputy secretary of the state Office of Health and Human Services. Just after 4......

social bookmarking


Warwick lashes out at FAA

2:35 PM Thu, Jan 10, 2008 | | Comments (3)
By Benjamin N. Gedan    Email

In a sharply worded letter, Warwick Mayor Scott Avedisian has lambasted the Federal Aviation Administration for rejecting the city's proposal that it consider limiting any runway expansion at T.F. Green Airport to 8,300 feet. This past summer, Avedisian called on......

social bookmarking


KVH named 'Supplier of the Year' by General Dynamics

2:25 PM Thu, Jan 10, 2008 | | Write a comment
By Benjamin N. Gedan    Email

KVH Industries Inc. was named "Supplier of the Year" by General Dynamics Land Systems-Canada at an award presentation at KVH's facility in Illinois, according to KVH, based in Middletown. KVH supplies TACNAV(R) tactical navigation systems to General Dynamics for a......

social bookmarking


Celestial boost for Carcieri's wind plan?

11:13 AM Thu, Jan 10, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Governor Carcieri may be getting more help in his efforts to push alternative energy. In a column in yesterday's Providence Journal, William Patenaude, a writer for The Rhode Island Catholic, said the Vatican is becoming more active in combating climate......

social bookmarking


Brown Bookstore renovation underway

9:37 AM Thu, Jan 10, 2008 | | Write a comment
By John Kostrzewa    Email

Suffolk Education, based in Boston, will do a five month renovation of the Brown Bookstore in Providence that will start in March and be completed in August. The campus bookstore will remain open during the renovation of the 20,000 square......

social bookmarking


BJ's, Kohl's report December sales

9:28 AM Thu, Jan 10, 2008 | | Comments (1)
By John Kostrzewa    Email

Two retailers with stores in Rhode Island this morning reported differing results for the key, December selling season. BJ's Wholesale Club (BJ:NYSE) reported comparable store sales increased 3 percent in December, including a contribution from the sale of gasoline of......

social bookmarking