In This Issue
NYT: Quonset Makes a New Name for Itself in Business
NEREJ: More Signs of
Growth at Quonset
"Taste of the NK Chamber" Set for May 12 at Quonset State Airport
In the News 

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Gov. Raimondo:
"Quonset is a Great Success
That was the headline from the New York Times this morning.  In a lengthy feature from one of the world's leading newspapers, the piece highlights Quonset's "rebirth" and role as an economic engine for Rhode Island.  The story also focuses on what has led to the Business Park's success and how it has become "a model as Rhode Island tries to improve its economy."

With more than 200 companies, nearly 11,000 employees, and the Port of Davisville being one of the Top 10 auto importers in North America the story noted that "Quonset has become a new little city of varied companies."

The article features several photos from throughout the Business Park, and includes quotes from many of Rhode Island's key leaders, including Governor Gina Raimondo, Senator Jack Reed, and Senator Sheldon Whitehouse.

"'Quonset is a great success,' said the state's governor, Gina M. Raimondo.   Not only do the companies there provide jobs, she said, but many of them are well-paying jobs, which Rhode Island needs," the article said.

Many Quonset tenants are also highlighted in the piece. Representatives from Greencore and Edesia spoke about how Quonset's Site-Readiness program was crucial in their decision to come to the Park.

"We built in less than 12 months," said Rene Ouimet, a Greencore senior vice president.  Ouimet added that it was Quonset's ability to speed the process along that made the new location so attractive to the company.

To read the full story from the New York Times, click here.

New England Real Estate Journal:
Annual Report Highlights Growth at Quonset

Steven J. King,
Managing Director, QDC
The continued growth at Quonset has been reflected by several major announcements over the past year.  Many were highlighted in the Quonset Development Corporation's (QDC) annual report for the year 2015 that was recently delivered to Governor Raimondo, the General Assembly, and municipalities surrounding the park. 

The QDC's annual report can be read at  Steven King, the QDC's Managing Director, also wrote about several highlights from the report in this month's New England Real Estate Journal.

Among the key items featured:
  • Job Growth: One year after achieving the 10,000 employee milestone, employment at the park has now reached 10,880.
  • New tenants: Greencore, Edesia, PetValu, NK Solar, North Kingstown School Department, Electric Boat Pharmacy, Bank of England, and others.
  • Tenant expansions: Toray Plastics, NORAD, Ocean State Job Lot, Electric Boat, J. Goodison Co., Supfina Wide World of Indoor Sports, and others. 
  • New building space: There was more than 183,000 s/f of new structures added by tenants in 2015.
  • Private Investment: New tenant arrivals and current company expansions resulted in $29 million of private investment in the Park this past year.
Those are just a few of the stories in the report.  There are many other important achievements mentioned, as well as a look ahead to 2016.  To read more, click here.

Neighborhood News:
"Taste of the NK Chamber" Set for
May 12 at Quonset State Airport
The North Kingstown Chamber of Commerce will partner with AvPorts, and the Rhode Island Airport Corporation to host the "Taste of the NK Chamber" event at the Quonset State Airport on May 12, 2016.  Held in the hanger, the event will feature samples of different types of cuisine from NK Chamber member restaurants.  Performers from TEN31 Productions will provide the entertainment and MIX 99.3 will provide the music.

Kristin Urbach, the Executive Director of the North Kingstown Chamber of Commerce, spoke recently about how excited the Chamber is to provide a "top-shelf" tasting event that showcases Chamber member food businesses, as well as the hangar in the Providence Jet Center.

Peter Frazier, Interim President and CEO of the Rhode Island Air Corporation (RIAC), said that they are pleased to partner with the host community of this exciting event at the Quonset Airport. He also said the event was a positive way to work collaboratively with the airport communities as they work to improve infrastructure, and attract business development within these airports.

More information about the event, including how to buy tickets, is available on the NK Chamber website.