PBN: Visa/investment program set to bring capital, jobs to R.I.

Providence Business News

WARWICK – Plumbing equipment manufacturer Quick Fitting Inc. has secured approval from U.S. immigration officials to broker investments in Rhode Island manufacturers from foreign nationals seeking permanent residency in the United States, the company said Monday.

Federal approval of the Rhode Island EB-5 Regional Center also included clearance for the company’s own EB-5 project, which would raise $20 million from 40 investors and finance expansion of its Warwick factory.

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