AGP Executive Report
Last update: 4 hours agoAdvanced Manufacturing: REGENT opened its 255,000-square-foot seaglider factory at Quonset Business Park, moving from prototype to production. The company says it has raised $340 million and expects to deliver its first vessels in 2027. Banking: Providence-based Citizens is bringing back unsecured personal loans through a Pagaya partnership, with a gradual rollout through its app. Workforce: Rhode Island faces a looming skilled-trades gap, with one-third of workers over 55; CCRI has launched HVAC and heat-pump training to help build the pipeline. Health Care: Health Concepts acquired Crystal Lake Rehabilitation and Care Center, expanding its Rhode Island network to seven facilities. Housing: Gubernatorial candidates clashed over affordability, including a proposal to use a millionaire tax to help build 20,000 homes. Consumer Markets: Rhode Island casinos reported a 4% revenue decline in August, while Lottery sales fell 3%.
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