AGP Executive Report
Last update: 4 hours agoBiotech Expansion: Texas-based ConeCraft acquired Coventry’s G&G Technologies, adding the Rhode Island firm’s filtration and chromatography systems to its bioprocessing business. Maritime Manufacturing: REGENT opened a 255,000-square-foot Seaglider factory at Quonset Business Park, with plans to produce passenger vessels and autonomous drones; first passenger deliveries are expected in late 2027. Regional Deal: Watsco completed its acquisition of The Granite Group, a plumbing and HVAC distributor with 82 locations across seven states, including Rhode Island. Warwick Growth: McGill Hose & Coupling celebrated its expanded Warwick branch, which replaces its East Providence site and adds retail and showroom space. Housing Oversight: A state audit found Rhode Island’s housing office failed to record nearly $2.8 million in federal funds and left more than $200,000 in expired grants undrawn, citing weak grant-tracking procedures. Manufacturing Workforce: Rhode Island manufacturers face an aging workforce and a shortage of skilled workers, making workplace safety a key factor in retaining experienced employees and protecting production capacity.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
