Thursday, March 15, 2012

Promoting Rhode Island’s Economic Assets: Media Tours Key Components of Marine Trade Industry

Governor Highlights Importance of Industry for Rhode Island’s Economy

Last week, Rhode Island businesses in the marine trade industry opened their doors to national trade media, showcasing the important work being done here in the ocean state. Electric Boat, the URI Graduate School of Oceanography, ASA Science, Blount Boats, Rite Solutions, and NUWC all hosted media outlets to familiarize them with their operations.

The marine trade industry will play an important role in the Governor’s efforts to revitalize Rhode Island’s struggling economy. As plans to develop Providence’s Knowledge District move forward, the Governor has stated that he believes these industries, which carry great potential for high-skilled manufacturing, will be crucial, just as they have been throughout the state’s history.

Rhode Island’s marine trade industry encompasses a combination of the state’s key assets. Together, the strong existing defense industry, the academic excellence of ocean technology and research and development at local universities, and the private investment of companies such as Electric Boat can help foster continued economic growth for the state.