North Kingstown, RI – The Quonset Development Corporation announced that Quonset Business Park has surpassed the 14,000 jobs threshold and is now home to 14,379 jobs at 239 companies. The milestone comes 15 months after Rhode Island Governor Dan McKee joined federal, state and local leaders to celebrate Quonset’s 13,000th job.
“Quonset is a leading engine of economic activity and job growth and a perfect example of the economic momentum we’re seeing all across Rhode Island,” said McKee. “By making strategic investments in the business park, we attract new and growing companies that are creating good-paying jobs and careers for Rhode Islanders.”
Quonset generates $5.9 billion in annual economic output and $1.72 billion in household income annually for Rhode Islanders. The business park is home to nearly one in five manufacturing jobs in the state and wages that are 10% higher than the state average.
Public investment at Quonset is currently supporting upgrades and expansion at the Port of Davisville. “Quonset Business Park is one of the most vibrant economic centers in our state and the 14,000-job milestone is a testament to the leadership there,” said House Speaker K. Joseph Shekarchi. “Based on Quonset’s success, the House continues to support investments in the Port of Davisville that will create additional jobs while helping Rhode Island achieve our climate goals.”
Ongoing construction at Quonset’s Gateway and Flex Industrial Campuses have also contributed to the continued job growth at the business park. In 2023, Quonset completed construction on 70,000sf of new office and industrial space. Three new buildings totaling 100,000sf are expected to be completed in 2024.
