Portsmouth, RI has grown into one of the most desirable areas to live in New England. The business community here is working hard to integrate the inevitable growth in commerce with the quality of life that makes our town so beautiful.

We encourage everyone in our region to visit our beautiful town for great shopping and services from friendly people. If you're a member of our business community, we would also like to invite you join our proactive organization. Together, we make a great team with a great future!

FALL 2009 PBA NEWSLETTER NOW AVAILABLE ONLINE.
To keep up with what is going on with the PBA, we ask that you read the announcements below.  Also you can click here to download the current PBA newsletter.

 

Announcements

Projo Moneyline

Acushnet Co. posts $65.4M profit in Q2 Golf equipment and apparel maker Acushnet Co. posted an increase in operating profit, led by sales of its Titleist golf balls and FootJoy shoes, parent company Fortune Brands announced Friday. Canadian renewable energy firm objecting to Deepwater, Cape Wind TransCanada, a major Canadian power company, is challenging the constitutionality of several renewable-energy contracts in Rhode Island and Massachusetts, including the Deepwater Wind and Cape Wind projects. Fall River contractor faces $60K in OSHA fines for E. Prov. work site conditions A Fall River contractor may be facing up to $60,000 in fines from the U.S. Department of Labor’s Occupational Safety and Health Administration, following the inspection of an East Providence job site. Covidien core products post growth in FY 2010 3Q, drive revenue and profit rise Medical equipment manufacturer Covidien Plc on Thursday reported a profit for the third quarter of 2010, with sales in medical devices offsetting a disappointing performance in its pharmaceutical business segment. Toray wants commission to mull potential negatives of wind farm The R.I. Economic Development Corporation said Thursday that its study of the economic impact of an offshore wind farm looked only at the positives. Massachusetts did not want to negotiate to keep 38 Studios in state, says Schilling Curt Schilling may be coming to Rhode Island, but according to the Sentinel and Enterprise of Fitchburg, Mass., the Ocean State was not his first choice, according to a published report. Channel 6 files receivership petition, expected to continue operations Global Broadcasting of Southern New England, doing business as WLNE-TV, ABC 6, filed a receivership petition in Superior Court today, but the attorney for the Providence-based TV station said it is not likely to go out of business. Sovereign profit increases in 2Q while Santander hurt by European weakness Sovereign Bank continued to bounce back in the second quarter, posting an operating profit of $132 million compared with a $10 million loss in the year-ago period, Sovereign’s parent, Spanish bank Banco Santander S.A., said Thursday. Providence tax rate increase approved by City Council, mayor could veto hike The property tax rate in the capital city will rise if the levy passed by the City Council Wednesday stands. Optical group leads revenue, profit growth at A.T. Cross in second quarter A.T. Cross Company saw continued improvement in sales during the second quarter of 2010 led by the Cross Optical Group, according to the quarterly results announced Wednesday.