| PHOTO COURTESY HEXAGON METROLOGY
The manufacturing plant in North Kingstown always puts a Brown & Sharpe label on the industrial tools it manufactures before shipping them out the door, just as it has done since the mid 19th century. But since 2001, the venerable Brown & Sharpe name, long associated with Rhode Island, has been just that a name and the company manufacturing the brand in North Kingstown has been owned by Hexagon AB, a publicly traded holding company based in Sweden. Hexagon Metrology Inc. is one of almost 100 companies operating in Rhode Island with foreign ownership. The parent companies, headquartered in 20 countries on five continents, collectively employ more than 12,000 workers in the state, according to the R.I. Economic Development Corporation. Rhode Islands foreign-owned companies operate in many industries most prominently in manufacturing, but also in banking, media, technology, energy, transportation and security, among others.
Home shows offer lessons on selling, decorating, improving
It all started more than a quarter-century ago, with "This Old House" on public television. Now, you can spend hours watching shows about buying, improving and selling your house there's even a network devoted to these shows (HGTV, owned by the parent company of The Star, E.W. Scripps Co.). The common theme: A better home is within everyone's reach. .
House takes up $10.4 billion budget
CONCORD, N.H. (AP) _ If you're a New Hampshire smoker or a turkey hunter, the proposed 10-point-4 (B) billion dollar budget isn't for you. You'll pay more for both. But if you are one of the towns that stood to lose school aid under the existing formula, your town would get a reprieve while lawmakers come up with a new school financing scheme. The House votes on a budget tomorrow that would put a hold on a contested school aid law and would include Governor John Lynch's interim education plan. The plan would give every community at least what they got this year plus a 5 percent increase. The House plan also counts on a 30-cent hike in the tax on property sales and a six dollar fee hike to register a car. Copyright 2007 The Associated Press. All rights reserved.
SBT relaunches robust Web site
After a year of studying the best of the best of business news Web sites throughout the nation, Small Business Times has relaunched its Web site (www.biztimes.com) as a state-of-the-art, powerful, new tool to help southeastern Wisconsin businesses grow. The site is loaded with dynamic content, including exclusive news and operational insight. As a bonus, the site features the only free electronic business news archives in the market. That means you can link to its content from your company's Web site when you find something of interest in Small Business Times. The Web site's features include: Breaking news Headlines from the free BizTimes Daily bulletin of Wisconsin-related business news and other breaking news headlines throughout the day. Exclusive featured news Electronic versions of the featured news and photographs from the print edition of Small Business Times.
Valencia, in Barcelona's Shadow, May Be First Spain Soccer IPO
April 10 (Bloomberg) -- Valencia is considering becoming the first Spanish soccer team to sell shares to investors following public offerings by Italy's Juventus and France's Lyon, President Juan Bautista Soler said. ``We could become stock-market listed; it's a possibility, that's where the future is,'' Soler, a property developer who owns 33 percent of the club, said in an interview. ``There are a lot of investment funds that want part of their portfolio in sports.'' Valencia, the last remaining Spanish club in Europe's Champions League this season, is in a better position to sell shares than Real Madrid and Barcelona because its bigger rivals are owned by their fans and have repeatedly rejected the possibility of having their shares publicly traded. Valencia plays London's Chelsea today for a place in the semifinals of Europe's richest club competition.
Chinese real estate developers visits the International Property ...
A Chinese delegation comprising of more than 40 leading Chinese real estate developers has visited the International Property Show 2007 in Dubai according to Strategic Marketing & Exhibitions, the organizers of the event. It was due to the collaboration between Strategic Marketing & Exhibitions and CIHAF, Chinas top trade fair for the real estate industry, in a bid to enhance relations and cooperation among property industry players in both countries. David Shan, General Manager, China Real Estate Business Weekly, said, As the regions fastest growing real estate market, the UAE presents a great potential for the Chinese developers. The visit to the International Property Show is a valuable chance for the Chinese developers to obtain further knowledge about the market in Dubai and to find the potential cooperation and investment opportunity.
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