Factory Five Racing was founded in 1995. Over the years they have grown from a start-up business in a small garage to become the world's largest manufacturer of "build-it-yourself" component car kits. They employ a full-time crew of about 40 people, and are located in Wareham, Massachusetts (about an hour south of Boston). They make their products right here in the USA, in the heart of New England where American manufacturing was born. Read More..
Fred and Danny Magnanimi grew up watching their father create beautiful, handcrafted jewelry in the family's Cranston, RI jewelry manufacturing business. When the boys grew up, Fred moved to New York and began working on Wall Street as an investment banker, while younger brother Danny, still enamored by the family business, stayed home. Increased competition from overseas businesses created significant challenges for the business, but Danny was confident he could find a way for the family business to evolve and thrive. This was his mission, this was his passion. Read More..
Rhode Island Minimum Wage Increases to $11.50 Per Hour
Beginning October 1, 2020, the minimum wage that employers must pay Rhode Island employees increases to $11.50 per hour. All employers must pay this minimum wage regardless of the employers’ size and revenue. Employers should update their workforce posters accordingly. It is important for employers to note that failing to pay the minimum wage could result in a court awarding the unpaid wages, liquidated damages in an amount up to two (2) times the amount of unpaid wages owed, as well as reasonable attorneys' fees, costs, fines and possible imprisonment. Thus, it is crucial for employers to pay its employees at least this new minimum wage amount.
Click here for a downloadable version of the updated poster.