Word is Spreading About "Booming" Quonset

In This Issue

Senators Reed and Whitehouse Visit Banneker Industries

Moving Forward on the Indoor Sports Complex

News About Quonset

WPRI: Booming Quonset park holds lessons for I-195 redevelopment

North Kingstown Standard Times: Business, industry flourishing at Quonset

New England Real Estate Journal: Quonset Business Park a bridge to economic success

North East Independent:
A family company wraps gifts with service

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The Word is Spreading About Quonset

As recent news coverage around the region indicates, word is spreading about the good things happening at Quonset.

Last week, WPRI's Economics and Politics reporter, Ted Nesi, wrote that "Quonset is a hotbed of activity and a rare economic bright spot in recession-ravaged Rhode Island," and that Quonset's success could offer some valuable lessons to the state's I-195 redevelopment commission. Last month, Martha Smith of the Standard Times authored an extensive series of articles about the park, noting that, "Quonset is a ray of sunshine."

Meanwhile, there have been numerous articles over the last couple months about the unique success stories at the park. Tenants such as Galaxy Foods, American Mussel Harvesters and Christoline have been among those included in a series of tenant stories featured in the local NorthEast Independent as well.

With the good news about Quonset spreading, we're looking forward to 2012 being another successful year for the park and it's tenants.

You can also click here to read Steven King's monthly piece in the New England Real Estate Journal.

Senators Reed and Whitehouse
Visit Banneker Industries

L to R: Sen. Sheldon Whitehouse; Bill Marcley, Raytheon IDS Vice President; Sen. Jack Reed; and Cheryl W. Snead, President and CEO, Banneker Industries.

Senators Jack Reed and Sheldon Whitehouse were back at Quonset Point recently to tour a site managed and renovated by R.I.-based and woman-owned Banneker Industries, Inc. Banneker, a past recipient of a national Small Business of the Year award, is a leader in supply chain management solutions. Banneker President and CEO Cheryl Snead led the tour of the Quonset site, one of Banneker's many managed sites throughout the U.S. The Senators left with a better understanding of Banneker's operations, their longstanding partnership with Raytheon through the Zumwalt Destroyer Program, and the importance of supply chain management to the R.I. economy.

To read more, click here.

Senators Reed and Whitehouse

Moving Forward on the
Indoor Sports Complex

Earlier this year Wide World of Indoor Sports announced plans to host a 76,000 square foot indoor recreational sports facility at the Quonset Gateway District. Many Rhode Islanders may already be familiar with the Wide World of Indoor Sports name, as the company has a similar facility in North Smithfield, RI. We're happy to report that this Fall, test pits were dug on the eight acre site that will host the new facility, and construction of the building should begin on time in early Spring. The new complex will host a variety of sports and leagues for all ages, and is likely to support between 80-85 full or part time employees. To read the official announcement from earlier this year, click here.