Projo Biz Blog

May 16, 2008 Archives


Honeywell buys Cranston-based manufacturer

2:34 PM Fri, May 16, 2008 | | Write a comment
By Lynn Arditi    Email

Honeywell International Inc. has purchased Norcross Safety Products, LLC, parent of the Cranston-based manufacturer North Safety Products, for approximately $1.2 billion, the companies announced today. Norcross, based in Oak Brook, IL, is a leading manufacturer of personal protective equipment used......

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Judge postpones FM Global case

2:16 PM Fri, May 16, 2008 | | Write a comment
By Paul Edward Parker    Email

The Superior Court judge hearing challenges to permits issued for FM Global's new headquarters in Johnston took no action in the case when he met this morning with lawyers for the town of Johnston, FM Global and CapLease. CapLease, FM......

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Third advisory firm backs Bancorp RI management

11:45 AM Fri, May 16, 2008 | | Write a comment
By Paul Grimaldi    Email

The management at Providence-based Bancorp Rhode Island, the parent of Bank Rhode Island, said this morning that for the third time this month they've earned another positive review from a national investment advisory firm. The latest review comes as the......

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Pawtucket condo project completes first phase

7:01 AM Fri, May 16, 2008 | | Write a comment
By John Kostrzewa    Email

Public officials and representatives from First National Development Inc. will gather this afternoon at the former Union Wadding Co., 125 Goff Avenue, Pawtucket, to call attention to the completion of the first phase of the planned transformation for the former......

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