Please review the Kiplinger Newsletter regarding key comments. Download the newsletter

Most contract manufacturers are quick to respond to issues... flexibility is a key.  Download the PDF to read further.

H-6039 AND S-0580 was signed into law by Governor McKee.  This legislation clarifies the following:  Amends the classification of manufacturing machinery that is eligible for a property tax exemption by eliminating the requirement that the machinery be new.

Congressman Langevin supported the following items this month: Passed H.R. 3684 – INVEST in America Act. This bill includes $19 million to repair roads in Rhode Island, as well as Congressman Langevin’s 21st Century Transportation Workforce Development Act to create a public-private partnership dedicated to getting people into good-paying jobs in the transportation workforce. Cosponsored [...]

Manufacturers had to adjust to the realities of COVID-19 in 2020. The percentage of employees in the sector working from home jumped from 18.9% in 2019 to 29.9% in 2020, according to the latest American Time Use Survey from the Bureau of Labor Statistics. (It is always fascinating to see how the typical American uses [...]

McKinsey & Company did a great job a thorough review of the manufacturing sector. https://www.mckinsey.com/featured-insights/americas/building-a-more-competitive-us-manufacturing-sector

Rhode Island comes in at #48 and trails only Connecticut and New Jersey, but don’t think that the study is biased against the Northeast — Massachusetts is ranked 10th in the country.  Maine is ranked 13th. The study from WalletHub comes just days after CNBC ranked Rhode Island #46 for "top states for business."   CNBC wrote, [...]

RIMA is putting together a special invite only for companies to learn about Sustainability…the new ISO must have certification.  On September 21st, we will be hosting a one hour session on the need for your company to be recognized as embracing sustainability and how this will enhance your organization with your customers. Sustainability is all [...]

Manufacturing production edged down 0.1% in June, pulling back after rising 0.9% in May. Motor vehicles and parts production plummeted 6.6% in June, with the chip shortage and supply chain issues continuing to restrict activity. Excluding motor vehicles, manufacturing production increased 0.2% in June, a disappointing but at least positive reading. Manufacturing capacity utilization ticked [...]

See attached word document that notes 70% of those taking the survey note they do not feel it should be taxed. Download Document