Thursday, November 14, 2024

QUONSET POINTS – RHODE ISLAND READY

 

The Quonset Development Corporation Board of Directors approved three more sites for enrollment in the Rhode Island Ready program during their August meeting. Since the application process is on a rolling basis, RI Ready expects to present even more applicants to the board for approval in the latter half of the year. The new sites are located at:

 

9 Dexter Road, East Providence

 

195 Francis Avenue, Cranston 

 

1347 Roger Williams Way, North Kingstown 

 

Those sites join five previously enrolled locations in Cranston, Johnston, North Kingstown, Pawtucket, and West Warwick. Rhode Island Ready is a $40 million statewide site readiness initiative modeled after Quonset’s successful site readiness program.

 

Site readiness at Quonset has generated more than 3,500 jobs and $664 million in private investment at the business park across 14 developed sites and 36 companies in the last decade.

 

For more information on RI Ready, and a map of the 8 enrolled sites, visit www.riready.org.

 

At-a-Glance: Quonset Development Corporation

The Quonset Development Corporation develops and manages the Quonset Business Park, the leading engine of job growth and economic development in Rhode Island. Quonset Development Corporation is a quasi-state agency and a “Special Purpose” subsidiary of R.I. Commerce.

 

Quonset Quick Facts:

 

Hosts over 12,200 jobs at more than 200 companies, including one of every six manufacturing jobs in R.I.

 

Home to the Port of Davisville, one of the Top 10 auto import ports in North America and Rhode Island’s only public port.

 

Has provided a platform for over $2 billion in private investment since 1980

 

Quonset facilities are powered 100% by renewable energy.

 

Operations are funded solely from the Business Park and Port revenue.

 

Home to two former military bases: Quonset Naval Air Station and the Naval Construction Battalion Center at Davisville.