In This Issue
Quonset Construction = Economic Growth and Jobs
Senator Reed says Quonset Realizing Potential
Galaxy Foods Relocates to Falvey Building at Quonset
Davisville Road Project Ready to Get Underway
Stimulus Funds at Work

This spring, work will begin on the new Davisville Road project. Road and bridge work will connect the Gateway and Commerce Park districts of the Business Park, improving rail safety and traffic efficiency.  The project is funded in part by a $3.88 million Economic Development Administration (EDA) stimulus grant.  This work will improve access to 156 acres of developable land in the Commerce Park District of the Park - land which can support an additional 998 jobs.

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Quonset Construction =
Economic Growth = Job Creation

With eight new building projects recently completed or underway there's a bit of a construction surge at the Quonset Business Park.  The construction is just the latest indicator of $142 million in private investment at the Park in the last five years. The building projects include:
  •  40,000 square foot building in Kiefer Park;
  •  10,000 square foot Commerce Park building;
  •  Two small business buildings;
  •  Retrofit of existing building for Electric Boat;
  •  Air National Guard Building;
  •  Army National Guard Building, and;
  •  National Oceanic Atmospheric Administration
     research and office building.
construction quonset
Photo Courtesy of The Providence Journal
Senator Reed: "Quonset Realizing Potential"

Jack Reed
U.S. Sen. Jack Reed

U.S. Sen. Jack Reed recently joined QDC's Managing Director Steven King and RIEDC Executive Director Keith Stokes for a tour of the Quonset Business Park. After viewing extensive rail and road improvements as well as new construction Reed said the business park is well on the way to becoming an important economic engine for the state.

Sen. Reed was also supportive of efforts to position the Business Park for the future. Possibilities include the potential for short sea shipping, port improvements and the emerging energy initiatives. The offshore wind industry, Reed said, could eventually be an important part of the state's economy. "This is a way for us to be at the forefront of a new energy future," he said.
Galaxy Nutritional Foods Relocates
from Florida to Quonset
Governor Carcieri Welcomes New Firm and Jobs

Governor Carcieri, EDC Executive Director Keith Stokes and QDC Managing Director Steven J. King welcomed Galaxy Nutritional Foods to the Business Park at a ribbon cutting ceremony on February 9, 2010. Galaxy is the maker of the Veggie, Rice and Vegan brands of cheese alternatives and other organic products.

Galaxy's relocation from its Orlando, Florida headquarters will bring 20-25 new jobs to the Business Park. The company is located is in the newly constructed Falvey Building. With 30 employees of its own at the Business Park, Falvey Cargo Underwriting has grown to a worldwide company from its beginnings 15 years ago as a small business housed in an office above a Wakefield donut shop.