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

Architect chosen for America’s Cup bid By Richard Asinof PBN Contributing Writer Panel urges state to hire small R.I. firms The Senate president on Thursday released the first piece of a plan to make it easier to do business in Rhode Island, calling for preferences to Rhode Island small businesses in state contracting, among other things. Women’s Summit attracts 975 to Bryant The next decade “will prove to be about rebuilding trust” in financial institutions, corporate America and the government, Citizens CEO Ellen Alemany told attendees Thursday at Bryant’s 13th annual Women’s Summit. RITBA to borrow $50M for bridge repairs The R.I. Turnpike and Bridge Authority said Thursday it plans to borrow $50 million this month to pay for maintenance and repair work on the Newport Pell, left, and Mount Hope bridges. Acushnet Co. sells Cobra unit to Puma Acushnet Co., the locally based golf business of Fortune Brands Inc., will sell Cobra Golf, which manufactures drivers and other equipment, to Puma AG, the companies announced Wednesday. Financial terms were not disclosed. Poland glad to give Covidien key isotope Covidien Plc announced Thursday that North American regulators have given the go-ahead for the company to use material made at the Polish research reactor Maria, left, to produce a key isotope for medical diagnostics. Ad sales recovering at WPRI parent LIN Local broadcaster LIN TV Corp., which owns 28 television stations including WPRI-TV CBS 12, said Thursday it is seeing signs of recovery in advertising sales as the company swung to a full-year profit. Bad loan at BankRI cuts ’09 profit by 14% Bank Rhode Island’s parent company said Thursday its 2009 profit was nearly $1 million lower than originally reported because of a $5.4 million loan that should have been downgraded last year. Sensata IPO nets $569M as bids stay low Sensata Technologies Inc., the former Texas Instruments sensors-and-controls division sold off four years ago, sold $569 million worth of shares in its initial public offering on Wednesday. R.I. foreclosure filings decrease in Feb. The number of foreclosure filings in Rhode Island edged lower in February compared with the prior month but remained far above the levels of a year earlier, RealtyTrac Inc. reported Thursday.