Projo Biz Blog

May 8, 2008 Archives


APC headquarters to remain in South Kingstown

4:59 PM Thu, May 08, 2008 | | Write a comment
By Tim Barmann    Email

SOUTH KINGSTOWN –– After looking into other possible locations for the company’s headquarters, American Power Conversion has decided there’s no place like home. Laurent Vernerey, APC’s president and chief executive officer, announced today that the $3.5 billion company will keep......

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Bancorp Rhode Island gets another good review

2:52 PM Thu, May 08, 2008 | | Write a comment
By Paul Grimaldi    Email

The management at Providence-based Bancorp Rhode Island, the parent of Bank Rhode Island, today earned another positive review from a national investment advisory firm. The latest review comes as the bank fights off a pair of dissident shareholders intent on......

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Carcieri's staff sits down with wind farm opponents

12:57 PM Thu, May 08, 2008 | | Write a comment
By Tim Barmann    Email

SOUTH KINGSTOWN - Governor Carcieri said this morning that his staff is meeting with a group, the Rhode Island Alliance for Clean Energy, to listen to their concerns about a proposed wind farm off the shore of Rhode Island. The......

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Superior Court hears arguments over FM Global site

11:39 AM Thu, May 08, 2008 | | Write a comment
By Jack Perry    Email

Lawyers for CapLease, the town of Johnston, and FM Global clashed this morning in Superior Court. CapLease, which owns FM Global's existing headquarters, is pursuing a temporary restraining order to halt all construction at the site of FM Global’s new......

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New supermarket opens in Cranston

8:35 AM Thu, May 08, 2008 | | Comments (1)
By John Kostrzewa    Email

Aldi, a Germany-based chain, opens its second market in Rhode Island today at 1138 Pontiac Ave., in Cranston. Aldi opened its first Rhode Island store in March at 444 Quaker Lane in Warwick. Aldi is smaller than a typical supermarket......

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Citizen president to be honored

8:29 AM Thu, May 08, 2008 | | Write a comment
By John Kostrzewa    Email

Joseph J. MarcAurele, president of Citizens Bank, Rhode Island, is scheduled to receive the 2008 National Jewish Medical and Research Center Rhode Island Humanitarian Award at a luncheon today at the Westin in Providence. Local allergist and former National Jewish......

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